JITO Angel Network, Anicut Capital, Speciale Invest, and Rocketship.vc have all invested USD 2.3 million in the deep-tech startup Uravu Labs.
Vesta, Spectrum Impact, ZNL Growth Fund, VERSO, Echo River Capital, and the additional investors in this round. In order to create high-quality drinking water, Uravu Labs has formed a renewable water system that makes use of atmospheric moisture, as per reported by BW Disrupt.
Rajat Mehta, Chairman, JIIF, said, “We are thrilled to support Uravu Labs in their mission to provide affordable and scalable water solutions. Their technology has the potential to revolutionize the way we access and use water. This investment is a great opportunity to back a cutting-edge technology that can help address one of the most pressing global challenges of our time, and we believe in the team’s ability to execute their vision.”
Uravu plans to use this new funding to grow its business and collaborate with new partners while also commercializing its renewable water solutions.
This Bengaluru-based startup was established in 2020 by Pardeep Garg, Swapnil Shrivastav, Venkatesh RY, and Govinda Balaji. Its goal is to come up with fresh ideas for improving the sustainability of human life and the responsiveness and resilience of our communities.
About Uravu Labs
Utilizing only renewable energy sources like solar energy, biomass, or waste heat, Uravu Labs creates freshwater by using liquid desiccants to absorb moisture.