Featured image of post Bill Gates and Blackrock are backing the start-up behind hydropanels that make water out of thin air

Bill Gates and Blackrock are backing the start-up behind hydropanels that make water out of thin air

Source Global is a climate startup that uses hydropanels to produce clean water out of the air. It's backed by Bill Gates' Breakthrough Energy Ventures.

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Source Global is a climate startup that uses hydropanels to produce clean water out of the air. It’s backed by Bill Gates’ Breakthrough Energy Ventures.

Highlights

  • Source Global uses hydropanels to create clean water out of thin air.
  • They’re like solar panels, except instead of electricity, they produce water.
  • CEO Cody Friesen invented the panels in 2014 at Arizona State University’s Ira A. Fulton Schools of Engineering.
  • The start-up’s panels cost about $2,000 a piece and are now installed in Kenya, where the Samburu Girls Foundation has its own water source.
  • Source Global is backed by Bill Gates’ Breakthrough Energy Ventures, which invests in renewable energy projects around the U.S.
  • It’s backed by $1 billion in the form of Bill Gates.