DCVC and Novo led a $17m Series A1funding round in Aquafortus.

DCVC, a venture capital firm, and Novo, an investment company, led a $17m Series A1funding round in Aquafortus, a water technology company, with participation from Universal Materials Incubator, Intrepid Financial Partners, Envisioning Partners, Burnt Island Ventures, K1W1 and NZGCP. "We are committed to producing fresh water and precious metals and minerals from brines that are notoriously hard to treat. We designed our technology to be both highly effective and much less demanding of energy than anything on the market: this combination can significantly improve water availability and critical mineral abundance in many regions across the world," Daryl Briggs, Aquafortus CEO.