Over $400m Invested in Water Technologies for Oil, Gas and Mining in Past Five Years

Venture capital funds XPV Capital, Meidlinger Partners, Enertech Capital and Energy Ventures have all made multiple investments in companies offering water management products for extractive industries, and these companies have raised more than $400 million in equity and debt over the past five years, according to a study by the London Environmental Investment Forum (LEIF).

The study found the majority of the investment activity has taken place in North America.

XPV, a Canada-based VC investor focused on water technologies and Enertech, a US- and Canada-based investor in early and growth-stage energy technologies, have both invested in Canadian company Filterboxx Water & Environmental Corp, LEIF reports. The funds first invested in 2010 and committed a further $9 million in a follow-on round in 2011.

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