1517 Fund

Rainmaker employs cutting-edge technology to generate rain, replenish water sources, and address drought challenges sustainably and effectively.

H2Ok Innovations develops data-driven technologies to optimize industrial liquid systems and water quality management in manufacturing. The company provides software and hardware solutions, including operating systems and measurement tools for fats, oils, and grease, and leverages artificial intelligence and Internet of Things technologies to monitor water quality, optimize operations, improve efficiency, and manage contaminants across production processes.

CalWave develops cost-effective ocean wave energy technologies and services to unlock a dispatchable source of clean energy. The company’s proprietary, fully submerged wave energy converter is designed to survive storms and extreme conditions, converting ocean waves into electricity and freshwater. Wave energy is described as more consistent, predictable, and energy-dense than some other renewables, enabling a potential large contribution to global energy demand. CalWave aims to scale deployments to reduce greenhouse gas emissions significantly, with projections of tens to hundreds of millions of homes powered by its technology over time. The company focuses on durable, low-maintenance systems intended for reliable operation in challenging marine environments.

Rainmaker employs cutting-edge technology to generate rain, replenish water sources, and address drought challenges sustainably and effectively.