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Venture Capital News: SOURCE Global Inks $130M Series D Round

2022-07-19
SCOTTSDALE, AZ, SOURCE Global today announced led its $130 million Series D equity financing.
SOURCE Global, PBC ('SOURCE'), a world leader in sustainable drinking water technology, today announced that funds managed by Breakthrough Energy Ventures and Drawdown Fund co-led its $130 million Series D equity financing. Other significant participants in the financing are Microsoft's Climate Innovation Fund, Fifth Wall, Blackrock, WIND Ventures, Duke Energy, Harvard Management Company, Material Impact Partners, Monashee Capital, and the Lightsmith Group.

Source Global, PBC's mission is to perfect drinking water for every person, every place. The company's SOURCEĀ® Hydropanels create drinking water using sunlight and air as the only inputs, and can put the power of safe, sustainable drinking water in the hands of every person in nearly every climate and corner of the world. A Public Benefit Corporation, SOURCE is on Fast Company's 2020 list of most innovative social good companies.
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