Investing in Water Aligning Investment Strategies with Water Innovation 2025

Cycle Capital Why water? I received a wake-up call when I developed skin irritation and breathing difficulties following a swim in a lake in Quebec. Already passionate about water through my hobbies such as sailing, swimming and scuba diving, this incident shifted my professional focus towards water sustainability. I then realized that while solutions to water pollution existed, many entrepreneurs in the water sector struggled to access seed capital. Traditional financial institutions often overlooked water-related ventures, viewing water as a free commodity, too abundant and unprofitable to warrant investment. This gap inspired the creation of the Cycle H 2O Fund to support innovative water technologies. Cycle Capital is Canada’s leading climate tech venture capital investment platform, investing across North America and Europe in seed-stage and growth-stage companies that have developed technologies which positively contribute to climate change mitigation by enabling a net-zero transition. With more than 15 years of experience and a proven track record, Cycle Capital’s diverse and multidisciplinary team has extensive experience and broad climate tech industry expertise. Simon Olivier Senior Partner, Cycle Capital and Head, Cycle H 2O Fund I believe the water sector is at a tipping point, much like clean energy was a decade ago. With increasing climate pressures, regulatory shifts and technological breakthroughs, there’s a clear window for impact and returns. Water in the Cycle H2O Fund Cycle H 2O is built around the belief that “there is no substitute for water” and that innovation is the only sustainable path forward. The $30 million water tech fund, co-managed by Cycle Capital and H 2O Innovation, aims to support innovative water technologies, especially in sectors such as sustainable agriculture, industrial water processes and utilities/municipalities. The fund is also a response to the broader environmental challenge of water scarcity and economic resilience, aiming to accelerate solutions through targeted investments. Advice for first-time investors Think long-term and impact-oriented. I encourage investors to align with the sustainable development goals and to view water investments as a way to build climate resilience and support global health and equity. The Cycle H 2O Fund itself is structured to deliver both financial returns and measurable environmental impact. Investing in Water: Aligning Investment Strategies with Water Innovation 27