Latest news with #WaHa
ME Construction
14-07-2025
- Business
- ME Construction
WaHa closes US $8mn Series A-1 financing to accelerate global growth
Financial WaHa closes US $8mn Series A-1 financing to accelerate global growth By The funding eliminates debt, streamlines WaHa's cap table, and provides capital for major commercial milestones and future funding and also supports a growing pipeline of qualified sales opportunities in the UAE and GCC Water Harvesting (WaHa), a climate technology company that develops innovative solutions for water scarcity, announced the completion of a US $8mn Series A-1 financing round and a corporate reorganisation. The round was lead by Chairman Mike Phillips and Board member Christian Thirion, with significant participation from the company's note holders and investors, including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co. This funding eliminates all debt, streamlines WaHa's cap table, and provides the necessary capital to achieve its next major commercial milestones and secure its next funding round. Moreover, it supports a growing pipeline of qualified sales opportunities across the UAE and the broader GCC region. Field trials conducted at Khalifa University have demonstrated WaHa's ability to reliably harvest pure water in the UAE's harsh desert environment, characterised by extreme heat, low moisture, and frequent sandstorms, said a statement. WaHa's upcoming event exhibition in Dubai will mark the unveiling of its first commercially available AWG unit. This event will provide an opportunity for utilities, developers, and industrial operators to explore WaHa's solutions and discover reliable, sustainable access to pure water. Mike Phillips, Chairman of WaHa said, 'We've built a platform capable of transforming access to water across multiple sectors. This raise will enable us to establish solid traction for the WaHa Vaporator and improve water security in the UAE and broader GCC.' Frank Ramirez, CEO of WaHa added, 'We're grateful for the support of our investors and partners, this is a major step toward delivering water where it's needed most—reliably, efficiently, and sustainably. We're proud of what our team has achieved and energised for what's ahead.' Since 2023, WaHa has deployed its atmospheric water generation (AWG) systems in diverse and challenging environments, including West Texas, Abu Dhabi, a remote UAE desert site, Riyadh, and Stockholm. These systems have consistently achieved mechanical reliability, with a 99.998% reliability rate. Furthermore, they have consistently produced 98.3% of the target water volume, setting the highest sustained output in the AWG industry. WaHa's extensive patent portfolio, comprising 14 patent families and 18 patents granted worldwide, safeguards its proprietary WaHa Vaporator technology. This modular system is designed to support off-grid installations and integrate with HVAC and agricultural systems. WaHa is negotiating commercial agreements for manufacturing, distribution, and long-term service and support, the statement concluded.
Web Release
11-07-2025
- Business
- Web Release
WaHa Secures $8 Million in Series A-1 Funding to Accelerate Global Growth
Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa's largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd. This financing eliminates all debt, simplifies WaHa's cap table, and provides capital for the company to achieve its next major commercial milestones and close its next funding round. It also supports a growing pipeline of qualified sales opportunities across the UAE and GCC, where field trials at Khalifa University have proven its unique ability to harvest pure water reliably in the UAE's harsh desert environment of extreme heat, low moisture, and frequent sandstorms. Since 2023, WaHa's atmospheric water generation (AWG) systems have been deployed in challenging environments including West Texas, Abu Dhabi, a remote UAE desert site, Riyadh, and Stockholm. These systems have achieved 99.998% mechanical reliability and produced 98.3% of target water volume—the highest sustained output in the AWG industry. The company's 14 patent families, with 18 patents granted worldwide, protect its proprietary WaHa Vaporator® technology, a modular system supporting off-grid installations and integration with HVAC and agricultural systems. WaHa will unveil its first commercially available AWG unit at the WETEX 2025 exhibition in Dubai (September 30 – October 2), showcasing solutions for utilities, developers, and industrial operators seeking reliable, sustainable access to pure water. 'We've built a platform capable of transforming access to water across multiple sectors,' said Mike Phillips, Chairman, WaHa. 'This raise will enable us to establish solid traction for the WaHa Vaporator® and improve water security in the UAE and broader GCC.' 'We're grateful for the support of our investors and partners,' added Frank Ramirez, CEO of WaHa. 'This is a major step toward delivering water where it's needed most—reliably, efficiently, and sustainably. We're proud of what our team has achieved and energized for what's ahead.' WaHa is negotiating commercial agreements for manufacturing, distribution, and long-term service and support.
Zawya
11-07-2025
- Business
- Zawya
WaHa secures $8mln in Series A-1 funding to accelerate global growth
Fremont, CA/Abu Dhabi, United Arab Emirates: Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa's largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd. This financing eliminates all debt, simplifies WaHa's cap table, and provides capital for the company to achieve its next major commercial milestones and close its next funding round. It also supports a growing pipeline of qualified sales opportunities across the UAE and GCC, where field trials at Khalifa University have proven its unique ability to harvest pure water reliably in the UAE's harsh desert environment of extreme heat, low moisture, and frequent sandstorms. Since 2023, WaHa's atmospheric water generation (AWG) systems have been deployed in challenging environments including West Texas, Abu Dhabi, a remote UAE desert site, Riyadh, and Stockholm. These systems have achieved 99.998% mechanical reliability and produced 98.3% of target water volume—the highest sustained output in the AWG industry. The company's 14 patent families, with 18 patents granted worldwide, protect its proprietary WaHa Vaporator® technology, a modular system supporting off-grid installations and integration with HVAC and agricultural systems. WaHa will unveil its first commercially available AWG unit at the WETEX 2025 exhibition in Dubai (September 30 – October 2), showcasing solutions for utilities, developers, and industrial operators seeking reliable, sustainable access to pure water. 'We've built a platform capable of transforming access to water across multiple sectors,' said Mike Phillips, Chairman, WaHa. 'This raise will enable us to establish solid traction for the WaHa Vaporator® and improve water security in the UAE and broader GCC.' 'We're grateful for the support of our investors and partners,' added Frank Ramirez, CEO of WaHa. 'This is a major step toward delivering water where it's needed most—reliably, efficiently, and sustainably. We're proud of what our team has achieved and energized for what's ahead.' WaHa is negotiating commercial agreements for manufacturing, distribution, and long-term service and support. About WaHa: WaHa is a pioneering climate technology company developing innovative solutions for water scarcity. Its patented WaHa Vaporator® technology offers unmatched energy efficiency for atmospheric water generation and HVAC systems.
Business Wire
10-07-2025
- Business
- Business Wire
WaHa Secures $8 Million in Series A-1 Funding to Accelerate Global Growth
FREMONT, Calif. & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa's largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd. This financing eliminates all debt, simplifies WaHa's cap table, and provides capital for the company to achieve its next major commercial milestones and close its next funding round. It also supports a growing pipeline of qualified sales opportunities across the UAE and GCC, where field trials at Khalifa University have proven its unique ability to harvest pure water reliably in the UAE's harsh desert environment of extreme heat, low moisture, and frequent sandstorms. Since 2023, WaHa's atmospheric water generation (AWG) systems have been deployed in challenging environments including West Texas, Abu Dhabi, a remote UAE desert site, Riyadh, and Stockholm. These systems have achieved 99.998% mechanical reliability and produced 98.3% of target water volume—the highest sustained output in the AWG industry. The company's 14 patent families, with 18 patents granted worldwide, protect its proprietary WaHa Vaporator® technology, a modular system supporting off-grid installations and integration with HVAC and agricultural systems. WaHa will unveil its first commercially available AWG unit at the WETEX 2025 exhibition in Dubai (September 30 – October 2), showcasing solutions for utilities, developers, and industrial operators seeking reliable, sustainable access to pure water. 'We've built a platform capable of transforming access to water across multiple sectors,' said Mike Phillips, Chairman, WaHa. 'This raise will enable us to establish solid traction for the WaHa Vaporator® and improve water security in the UAE and broader GCC.' 'We're grateful for the support of our investors and partners,' added Frank Ramirez, CEO of WaHa. 'This is a major step toward delivering water where it's needed most—reliably, efficiently, and sustainably. We're proud of what our team has achieved and energized for what's ahead.' WaHa is negotiating commercial agreements for manufacturing, distribution, and long-term service and support. About WaHa: WaHa is a pioneering climate technology company developing innovative solutions for water scarcity. Its patented WaHa Vaporator® technology offers unmatched energy efficiency for atmospheric water generation and HVAC systems.
Trade Arabia
24-04-2025
- Business
- Trade Arabia
WaHa, Khalifa University partner to advance water tech
WaHa, a leading climate technology company, and Khalifa University of Science and Technology, announced an enhanced partnership to raise energy efficiency and capability of WaHa Vaporator atmospheric water generation (AWG) technology for water security in the UAE and Middle East. The collaboration will optimise advanced material selection and energy efficiency for the WaHa Vaporator, a patented technology with unparalleled energy efficiency for AWG and HVAC systems, creating distributed, reliable, and cost-effective potable water sources, independent from existing water supplies. The partnership builds on an existing relationship between WaHa and Khalifa University. The University has been testing two versions of the WaHa Vaporator in Abu Dhabi since April 2024, and the latest version has demonstrated exceptional performance with 100% uptime and 99.9% reliability, with improved energy efficiency and surpassing daily water production targets. Professor Samuel Sheng Mao, a leading expert in energy and water technologies, Center Director, ASPIRE Virtual Research Institute for Sustainable Energy, and Professor of Practice, Department of Mechanical Engineering, Khalifa University, said: "This collaboration is a significant step in addressing water scarcity challenges in our region. By combining our expertise in materials research with WaHa's innovative AWG technology, we aim to deliver transformative and sustainable water solutions for the UAE and beyond. The impressive results from our ongoing tests underscore the potential of this technology to make a real difference in water-stressed areas."
