change:WATER Labs
Date: 2021
Asset Class: Direct Investment
Description: Change:WATER Labs has a membrane solution that rapidly evaporates water so the waste from non sewered toilets needs to be collected much less often (1-2x per month rather than 3-4x per week) dramatically reducing costs.
Why We Invest: About 2.5B people are without sanitation globally. Change:WATER Labs solution substantially lowers the cost of providing that service to a significant portion of those. The dynamic female founder and CEO has significant experience, technical and business advanced degrees, and, in our opinion, the grit to make this needed product a success.