Venture Capital News: Epic Cleantec Pulls In $12M Series B
2024-11-21
SAN FRANCISCO, CA, Epic Cleantec, a leading innovator in water reuse technology for the built environment, today announced the close of its $12 million Series B funding round.
This investment will accelerate the expansion of Epic's pioneering water reuse and resource recovery solutions across a growing portfolio of projects, positioning Epic as one of the fastest-growing providers of water reuse systems for commercial and residential real estate globally.
The Series B round was led by the family office of Drs. Kathy Fields and Garry Rayant, noted entrepreneurs, impact investors, and philanthropists known for their commitment to sustainability, healthcare, and technology.
Epic Cleantec is a water reuse technology company based in San Francisco, CA with offices in San Diego, Austin, Las Vegas, and Scottsdale. The company deploys onsite water treatment and reuse systems into individual buildings, groups of buildings, and at the community scale, converting wastewater into treated water for non-potable uses, organic soil amendments, and recovered heat energy. Born out of initial work with the Bill and Melinda Gates Foundation's 'Reinvent the Toilet Challenge,' Epic is now trusted by leading players in real estate across North America. The company has been featured in The New York Times, CNBC, CNN, The Wall Street Journal, WIRED, Fast Company, and TechCrunch, among others; was recognized as one of Inc.'s Best Workplaces of 2024; named to TIME's Best Inventions of 2023 and 2022; and is a Fast Company 2023 Most Innovative Companies Award winner. Learn more at epiccleantec.com.
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