Clean Energy Trust Welcomes Varuna Tech to its Portfolio

Varuna Tech equips water utilities with AI-powered sensors and deep analytics.

Jackie Daily Photography

Nonprofit Clean Energy Trust announced today their investment in Varuna Tech Inc, an early-stage cleantech startup.

Varuna equips water utilities with AI-powered sensors and deep analytics to monitor regulated contaminants, reduce violations and operating expenses, and improve overall water quality.

Clean Energy Trust invested $100,000 in Varuna and will provide them with access to resources and programs. Varuna also recently received $100,000 from the $5M Google for Startups Black Founders Fund.

Clean Energy Trust’s high-impact investments bridge the funding gap between research labs and universities and traditional sources of high-risk financing.

Varuna is Clean Energy Trust’s latest and final investment for 2020. Learn more about Clean Energy Trust’s portfolio here.

Clean Energy Trust’s Portfolio

  • 40% of portfolio companies received their first investment from Clean Energy Trust
  • 60% have female or minority founders
  • 40% of our portfolio companies are based on university intellectual property
  • 66% are generating revenues
By Amy Yanow Fairbanks | October 22, 2020