Aquaria Lands $112 Million in Funding to Transform Water Infrastructure Worldwide

Image Credit: Aquaria

Aquaria, a trailblazer in sustainable water solutions, has raised $112 million to expand its technology that extracts water from the air. This funding round, backed by investors such as Ciri Ventures, Soma Capital, HF0, Bow Capital, Umami Capital, Mistletoe and former House Majority Leader Dick Gephardt, will support the company’s mission to develop secure, scalable, and eco-friendly water supply systems.

A Game-Changing Solution:

Aquaria's modular and scalable technology is designed to address water scarcity in regions lacking traditional infrastructure. Pulling water directly from the atmosphere provides clean, reliable supplies for residential, hospitality, and commercial properties. The technology is also being explored in green hydrogen production, mining, and data centers, industries where water access is both challenging and expensive.

Aquaria offers project financing to lower adoption barriers that covers 100% of upfront costs for qualifying initiatives. This approach accelerates the deployment of its patented Hydrogrid technology, creating resilient water infrastructure that can operate independently of traditional systems.

Aquaria’s innovative solutions are already making waves. The company has delivered the world’s first homes entirely reliant on atmospheric water and is currently constructing 1,000 homes in Hawaii using this technology. Partnering with Upwell Water, Aquaria has also secured an agreement to provide $100 million for eligible projects, pushing forward its vision of entire cities supplied with water from the air.

“Our air not only supplies us with the oxygen we need to breathe, it provides us with the essential water we need to survive,” said Brian Sheng, co-founder and CEO of Aquaria. “We envision a world where Aquaria supplies entire cities with water from the sky.”  

A Vision for Sustainability:

Founded in 2021 by brothers Brian and Eric Sheng, Aquaria has prioritized energy efficiency and affordability in its water tech offerings. Its scalable units enable developers to build in areas without traditional water access, and when paired with solar or renewable energy, these systems can achieve net zero deployments.

The company’s innovations, developed in collaboration with Stanford University’s Head of Atmospheric Sciences Program, are at the forefront of addressing climate challenges. Aquaria envisions a future where water scarcity is a thing of the past, offering redundant and resilient infrastructure to communities worldwide.

Aquaria’s latest funding represents a monumental step toward solving one of the world’s most pressing issues: water access. By combining advanced technology with sustainable practices, the company is poised to redefine water infrastructure, delivering solutions that are not just innovative but essential for a rapidly changing world.

“Upwell Water is pleased to support Aquaria with capital and teamed solutions to deliver decentralised water to communities,” said Dr. Hu Fleming, President of Upwell Water’s Treatment division. “We note the improvement of the cost of delivered water in the atmospheric water generation segment, and look forward to contributing to meet Aquaria’s growing customer demand.”  

“Southeast Asia is facing a climate crisis, in which water access is a core issue. We’re happy to help bring Aquaria’s sustainable technology solutions to counter the water crisis in Asia,” said Taizo Son of Mistletoe.