Key Takeaways
- • PureTerra Ventures secured a €30 million (USD $33.4 million) commitment from the European Investment Fund (EIF) for PureTerra II, its second venture capital fund targeting early-stage water technology companies, primarily in Europe.
- • The commitment is supported by the European Commission's InvestEU program and is intended to help companies move technologies from pilot projects to full-scale industrial deployment.
- • According to the European Commission, meeting existing EU water regulations requires an additional €23 billion in annual investment, a gap PureTerra says the fund aims to help close by mobilizing private capital.
- • The investment aligns with the European Commission's 2025 European Water Resilience Strategy and the EIB Group's Climate Adaptation Plan and Water Resilience Program, per the EIF.
Summary
Water technology venture capital firm PureTerra Ventures announced on October 28, 2026 that it has secured a €30 million (USD $33.4 million) commitment from the European Investment Fund (EIF) for PureTerra II, its second venture capital fund. The fund targets early-stage companies developing water technologies, primarily in Europe, with a focus on helping them transition from pilot projects to full-scale industrial deployment.
The commitment is supported by the European Commission's InvestEU program. Marjut Falkstedt, Chief Executive of the EIF, described the fund as timely, noting that Europe's water resources are under enormous pressure from climate change and excessive use of a scarce resource.
Founded in 2017 and based in Amsterdam, PureTerra invests in early-stage companies developing technologies for water treatment, monitoring, recycling and efficiency. Its focus includes industrial water management, water quality monitoring and the reuse of water resources. According to the European Commission, meeting existing EU water regulations requires an additional €23 billion in annual investment, and PureTerra said the fund aims to mobilize private capital to address these needs.
According to the EIF, the investment aligns with the European Commission's 2025 European Water Resilience Strategy and the EIB Group's Climate Adaptation Plan and Water Resilience Program. The fund targets solutions for water pollution prevention, water treatment, circular water systems and climate-resilient resource management, areas that have historically attracted limited private capital.
Job van Schelven, Partner at PureTerra, said the EIF backing enables the firm to take proven European water technology from pilot to full-scale deployment, which he described as central to Europe's water security and the industries that depend on it.
The commitment is supported by the European Commission's InvestEU program. Marjut Falkstedt, Chief Executive of the EIF, described the fund as timely, noting that Europe's water resources are under enormous pressure from climate change and excessive use of a scarce resource.
Founded in 2017 and based in Amsterdam, PureTerra invests in early-stage companies developing technologies for water treatment, monitoring, recycling and efficiency. Its focus includes industrial water management, water quality monitoring and the reuse of water resources. According to the European Commission, meeting existing EU water regulations requires an additional €23 billion in annual investment, and PureTerra said the fund aims to mobilize private capital to address these needs.
According to the EIF, the investment aligns with the European Commission's 2025 European Water Resilience Strategy and the EIB Group's Climate Adaptation Plan and Water Resilience Program. The fund targets solutions for water pollution prevention, water treatment, circular water systems and climate-resilient resource management, areas that have historically attracted limited private capital.
Job van Schelven, Partner at PureTerra, said the EIF backing enables the firm to take proven European water technology from pilot to full-scale deployment, which he described as central to Europe's water security and the industries that depend on it.
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