# Water investors in Europe (2026 list) > 28 water investors in Europe, 71% active in the last 12 months. Led by EIC Accelerator, Innovate UK, SFC Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/water-investors-in-europe (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Water investors in Europe Updated 7 November 2026 Firms observed backing a water company in Europe in the last two years, wherever the firm is based. [See all 28 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fwater-investors-in-europe)The top 25 **28** investors on the list No change this week **589** cheques in 12 months *-18%* against the market **$2.2M** median round they joined *-73%* against the market median **71%** wrote a cheque in 12 months **50%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (19) - 1 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen - 2 [Innovate UK](https://millionrounds.com/fund/innovate-uk) *Deploying now* VC firm · United Kingdom **704** **$1.2M** median round **Oct 2026** last seen - 3 [SFC Capital](https://millionrounds.com/fund/sfc-capital) *Deploying now* Angel network · United Kingdom **379** **$431K** median round **Nov 2026** last seen - 4 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen - 5 [N1](https://millionrounds.com/fund/n1) *Deploying now* VC firm · Luxembourg **134** **$1.4M** median round **Sept 2026** last seen - 6 [Rabobank](https://millionrounds.com/fund/rabobank) *Deploying now* Corporate VC · Netherlands **122** **$3.2M** median round **Nov 2026** last seen - 7 [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) *Deploying now* Corporate VC · United Kingdom **105** **$6.3M** median round **Nov 2026** last seen - 8 [Chalmers Ventures AB](https://millionrounds.com/fund/chalmers-ventures-ab) *Deploying now* VC firm **67** **$848K** median round **Sept 2026** last seen - 9 [Innovestor](https://millionrounds.com/fund/innovestor) *Deploying now* Angel network · Finland **58** **$2.5M** median round **Oct 2026** last seen - 10 [Creator Fund](https://millionrounds.com/fund/creator-fund) *Deploying now* VC firm · United Kingdom **54** **$3.6M** median round **Sept 2026** last seen - 11 [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif) *Deploying now* VC firm · Luxembourg **44** **$5.2M** median round **Oct 2026** last seen - 12 [Intesa Sanpaolo](https://millionrounds.com/fund/intesa-sanpaolo) *Deploying now* VC firm · Brazil **42** **$8.8M** median round **May 2026** last seen - 13 [UK government](https://millionrounds.com/fund/uk-government) *Deploying now* Government **42** **$2.4M** median round **Oct 2026** last seen - 14 [Carbon13](https://millionrounds.com/fund/carbon13) *Deploying now* Accelerator · United Kingdom **40** **$800K** median round **Sept 2026** last seen - 15 [LUMO Labs](https://millionrounds.com/fund/lumo-labs) *Deploying now* VC firm · Netherlands **34** **$1.6M** median round **Sept 2026** last seen - 16 [nrw.bank](https://millionrounds.com/fund/nrw-bank) *Deploying now* VC firm · Germany **30** **$16M** median round **Oct 2026** last seen - 17 [Armada Fund VI Ky](https://millionrounds.com/fund/armada-fund-vi-ky) *Deploying now* Investment firm **2** **-** median round **Sept 2026** last seen - 18 [Netherlands Enabling Water Technology fund (NEW-ttt)](https://millionrounds.com/fund/netherlands-enabling-water-technology-fund-new-ttt) *Deploying now* VC firm **2** **$1.1M** median round **Nov 2025** last seen - 19 [Capacura GmbH](https://millionrounds.com/fund/capacura-2) quiet VC firm · Germany **1** **-** median round **Aug 2025** last seen - 20 [Connect the Drops](https://millionrounds.com/fund/connect-the-drops) quiet VC firm **1** **$1.5M** median round **Nov 2024** last seen - 21 [Electrolux Professional Group](https://millionrounds.com/fund/electrolux-professional-group) quiet Investment firm · Sweden **1** **$3.5M** median round **Nov 2025** last seen - 22 [Re:cap](https://millionrounds.com/fund/re-cap) *Deploying now* VC firm · Germany **1** **$2M** median round **Nov 2025** last seen - 23 [SistaAct](https://millionrounds.com/fund/sistaact) quiet Growth equity · Germany **1** **-** median round **Aug 2025** last seen - 24 [Viessmann Generations Group](https://millionrounds.com/fund/viessmann-generations-group) quiet Family office · Germany **1** **-** median round **Aug 2025** last seen - 25 [European Social Innovation and Impact Fund](https://millionrounds.com/fund/european-social-innovation-and-impact-fund) quiet Growth equity **1** **-** median round **Aug 2025** last seen **3 more on this list** All 28 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fwater-investors-in-europe) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *Led by* [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) - **5** Nov **[Return](https://millionrounds.com/company/return)** Debt · $936M *With* [Rabobank](https://millionrounds.com/fund/rabobank) - **5** Nov **[Nayara](https://millionrounds.com/company/nayara)** Pre-seed · $522K *Led by* [SFC Capital](https://millionrounds.com/fund/sfc-capital) - **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *Led by* [Almi Invest](https://millionrounds.com/fund/almi-invest) - **30** Oct **[SaxaVord Spaceport](https://millionrounds.com/company/saxavord-spaceport)** Other · $80M *Led by* [UK government](https://millionrounds.com/fund/uk-government) - **26** Oct **[Giga Storage](https://millionrounds.com/company/giga-storage)** Debt · $291M *With* [Rabobank](https://millionrounds.com/fund/rabobank) ## Stages This Year 523 rounds - Venture **23%** - Seed **22%** - Grant **13%** - Pre-seed **12%** - Series A **10%** - Other **20%** ## What They Backed Sectors, last 12 months - AI **101** - Biotech **83** - Healthcare **55** - Energy **34** - Cleantech **28** - Agtech **28** ## Cheques by Quarter Led Joined 223 Q1 25 194 Q2 25 163 Q3 25 188 Q4 25 174 Q1 26 167 Q2 26 162 Q3 26 25 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america) - [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe) - [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america) - [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america) - [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia) - [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america) - [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america) - [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america) - [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about water investors in Europe ### Who are the most active water investors in Europe? By cheques observed, the most active are EIC Accelerator, Innovate UK, SFC Capital, Almi Invest and N1. ### How many water investors in Europe are there? 28 are on record. 71% made an investment in the last 12 months and 50% have led a round. ### Which stages do water investors in Europe back? Of the rounds with a named stage in the last 12 months, mostly Seed (30%) and Grant (19%). ### How big are the rounds water investors in Europe join? The typical (median) round among the leading investors here is $2.4M. ### Which sectors do water investors in Europe back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which water investors in Europe lead the most rounds? EIC Accelerator (9 led), LUMO Labs (6 led) and SFC Capital (4 led). ### Where are water investors in Europe based? Among the most active, most are based in the United Kingdom (5), Germany (5) and Sweden (2). ### What have water investors in Europe invested in recently? Recent rounds include T-Therapeutics (Series B, Nov 2026, with British Business Bank), Return (Debt, Nov 2026, with Rabobank) and Nayara (Pre-seed, Nov 2026, with SFC Capital). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)