Money pours in to prevent groundwater pollution
Clear Water Compliance Services has raised $25 million from hedge fund Plainview Asset Management, according to VentureWire. It's the latest deal in the growing market for water technology.
The company specializes in equipment that can take impurities out of water spilling out of construction sites, ports and other places. This dirty water can infect municipal water supplies. Meeting regulations isn't always cheap either, so services like this can help builders avoid cleanup costs.
As an added bonus, the company's Web site sports a video of Bill Nye the Science Guy holding some crabs and lecturing on water. … Read more