Scottsdale-based maker of the SOURCE drinking water system, which uses solar energy to turn atmospheric moisture into water.
Founded in 2014 and headquartered in Scottsdale, US, SOURCE Global, PBC was established by Cody Friesen. Its SOURCE drinking water system uses patented Hydropanel technology to pull water vapor from the air, power the conversion with solar energy, and mineralize the water for rural and water-scarce regions. The company has raised USD 108.94 mn in total across 8 deals. On April 14, 2022 it raised USD 109 mn in Series D funding, co-led by new investor Drawdown Fund and returning investor Breakthrough Energy Ventures.
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