HOPE Hydration raises $20M in Series A funding led by Pentair to scale operations and expand into new markets.
Jul 16, 2025•6 days ago
Amount Raised
$20 Million
Round Type
series a
Water PurificationWater
Investors
Burnt Island VenturesPentair Plc
Description
HOPE Hydration successfully completed a $20 million Series A funding round, led by Pentair plc with participation from Burnt Island Ventures. The funds will enhance growth, product innovation, and strategic partnerships. The company focuses on reducing plastic waste through its water refill HydroStations™. CEO Jorge Richardson emphasizes the need for improved public access to water amid rising outdoor activities.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech