Tau Capital led investment raised by air-to-water technology firm Airwater Co.

Global air-to-water technology company Airwater Co. announced today that Tau Capital, a venture capital firm based in Abu Dhabi, has invested in the company. Tau Capital makes investments in cutting-edge technologies, enabling trailblazers to change markets and create a better future.

Concerns about water security are growing on a global scale, and businesses, governments, and investors are looking for innovative solutions. According to research by the international nonprofit organization CDP, water is currently a significant risk to global supply chains, putting at least $77 billion at risk.

After six years of concentrated research and development, Airwater Co., which was founded in Abu Dhabi in 2018, evolved into a market leader. Its newly unveiled brand identity showcases its cutting-edge innovation and widespread impact.

Bill Murray, Tau Capital’s Managing Director, remarks, “Airwater Co.’s tech-focused approach to water security exemplifies the type of transformative innovation which we at Tau Capital believe is essential for sustainable global development.”

Airwater Co. will be able to scale production, infrastructure, and distribution thanks to the investment, with a particular emphasis on big commercial and industrial atmospheric water generation facilities. According to Alex Guy, the CEO and founder of Airwater Co., Tau Capital’s investment demonstrates a common goal for a more sustainable future.

“Tau Capital and Airwater Co. align in many ways, from headquarters in Abu Dhabi to the spirit of innovation this region and our companies are known for. Tau Capital’s desire to support Airwater Co. as a valued platform business that can reshape industries allows us to innovate and scale more rapidly.”

The Managing Director of Tau Capital, Andrea Mollica, highlighted the importance of Airwater Co. as a change agent, citing the company’s dedication to technological innovation in the United Arab Emirates and its distinguished clientele, which includes the Hilton Hotel Group, Accor Group, NEOM, and ADNOC.

“Water impacts every company, employee and consumer in the world — the importance of Airwater Co.’s work and this investment goes beyond any one industry or generation. We are eager to witness the advancements the future holds.”