Tech Company Financing Transactions
Sourcewater Funding Round
Sourcewater, based in Houston, raised $7.2 million in funding from Bison Capital Asset Management, Marubeni and private investors.
Transaction Overview
Company Name
Announced On
9/5/2019
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Series A
Investors
Bison Capital Asset Management (Lead Investor) (North Whipple)
Proceeds Purpose
With this funding we will continue to build the best data science and engineering team in Houston, develop the most timely, complete and accurate data gathering and analysis systems for upstream water and energy markets, and deliver even more value and insight to our customers.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1301 Fannin St. 2440
Houston, TX 77002
USA
Houston, TX 77002
USA
Phone
Website
Email Address
Overview
Sourcewater was conceived by founder Josh Adler when he was a Sloan Fellow for Innovation and Global Leadership in the Energy Ventures program at MIT in 2012. Fascinated with the rise of unconventional energy development in the U.S., Josh saw that the water supply chain would become the primary constraint on and impact of the shale revolution and believed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joshua Adler
Chief Operating Officer
Benjamin Reed
Chief Technical Officer
Jakub Lajmon
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We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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