Zero Mass Water developer of solar-powered water purification systems, raised $50 million in a Growth Equity Round.
The round was led by BlackRock with participation from Duke Energy, Breakthrough Energy Ventures and the Material Impact Fund.
Founded in 2014, Zero Mass Water has systems installed in 45 countries providing safe, clean drinking water for industrial, commercial, residential and community applications.
The funding will be used to scale global installations of Zero Mass Water’s systems and launch direct-to-consumer solutions.
The investment will also help accelerate further innovation and R&D in renewable powered water purification technologies.