California Governor Jerry Brown recently imposed mandatory water restrictions to combat severe drought that “demands unprecedented action.” Many investors have grown familiar with the global trends changing in the way water is supplied, transported, treated and used. Those mega-trends, however, have not translated into much action from the venture community.
The current drought in California has renewed focus on the Silicon Valley’s role in providing new solutions. The good news is that the commercial market for water solutions is bigger than you might think, and that venture-stage companies in water perform better than many investors and entrepreneurs realize.
Where Is The Silicon Valley For Water?
Just a few hours drive from Sand Hill Road, California’s major agricultural production areas require heavy water use to sustain production. Water wells serving hundreds of families in the Central Valley have run dry, leaving people without water flowing from their taps.
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