PureTerra Ventures launches second €10 million fund
PureTerra Ventures, an Amsterdam-based venture capital firm focused on disruptive WaterTech, has launched its second investment vehicle, a €10 million fund aimed at accelerating early-stage startups tackling water-related challenges.
The new fund—described by the firm as its “second fund”—signals continued investor appetite for technologies that improve water quality, efficiency, and resilience as utilities, industry, and agriculture face mounting pressure from climate volatility, aging infrastructure, and tightening regulation.
What the new fund targets
With €10 million in committed capital, PureTerra Ventures is expected to deploy capital into a portfolio of startups developing solutions across the WaterTech value chain. While the firm has not disclosed detailed allocation plans in the announcement, WaterTech venture strategies typically span areas such as:
- Water treatment and advanced filtration
- Leak detection, monitoring, and smart metering
- Industrial water reuse and zero-liquid-discharge approaches
- Data, analytics, and automation for utilities and industrial sites
- Decentralized and modular water infrastructure
For founders, a dedicated sector fund can offer more than capital: specialized networks among utilities and industrial buyers, familiarity with long sales cycles, and support navigating pilots, certifications, and performance validation—common hurdles for water-focused hardware and infrastructure-adjacent technologies.
Why WaterTech is drawing more capital
Water is increasingly viewed as both a critical resource and a systemic risk. Droughts, floods, groundwater depletion, and contamination events have heightened awareness among policymakers and corporate buyers. At the same time, the economics of water loss and inefficiency are becoming harder to ignore: leaks, energy-intensive treatment, and process water waste can materially impact operating costs.
Against this backdrop, specialized investors like PureTerra Ventures are positioning themselves to back companies that can demonstrate measurable outcomes—reduced consumption, improved compliance, lower energy use, or better reliability. In many WaterTech segments, adoption hinges on proof of performance in real-world conditions, making investors with domain expertise and patience a valuable asset to startups.
European base, global problem
Operating from Amsterdam, PureTerra Ventures sits in a region with strong water engineering heritage and a dense ecosystem of climate and industrial innovation. The Netherlands, in particular, has long been associated with water management expertise, which can translate into partnerships and pilot opportunities for startups.
However, the challenges WaterTech aims to solve are global. Rapid urbanization, industrial growth, and climate stress are creating demand for scalable technologies across Europe, North America, the Middle East, and parts of Asia-Pacific. Funds of this size often prioritize early-stage bets where relatively modest checks can help a company move from prototype to pilot, and from pilot to repeatable deployments.
What €10 million can mean for early-stage founders
A €10 million venture fund is typically designed for seed and early Series A investing, where capital efficiency and milestone-based progress matter. Depending on the fund’s strategy, portfolio construction may include multiple initial investments with reserves for follow-on rounds. In WaterTech, follow-on capital can be especially important because commercialization may require longer timelines for procurement cycles, regulatory approvals, and infrastructure integration.
Even without full details of ticket sizes or geographic scope, the fund’s launch adds another dedicated pool of capital to a sector that historically received less venture attention than software-heavy categories. The emergence of specialist WaterTech investors suggests a maturing market in which buyers are more willing to adopt new solutions—particularly when technologies offer quantifiable savings or risk reduction.
What comes next
PureTerra Ventures has not, in the announcement, listed limited partners, investment timelines, or initial portfolio companies for the second fund. Those details often emerge in subsequent disclosures as first investments are made and as the fund begins announcing rounds.
Still, the launch itself is a clear signal: the firm is doubling down on its thesis that disruptive WaterTech startups can deliver both environmental impact and venture-scale opportunities. For entrepreneurs building in water quality, efficiency, monitoring, and reuse, the presence of a focused €10 million fund may increase access to sector-aware capital—and potentially speed up the path from lab results to live deployments.
Key term: WaterTech refers to technologies and services that improve the management, treatment, distribution, monitoring, and reuse of water across municipal, industrial, and agricultural settings.
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