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SOURCE Global, formerly known as Zero Mass Water, is a pioneering company in the renewable energy sector, focusing on innovative water technology. Founded in 2014 and headquartered in Scottsdale, Arizona, the company harnesses solar power and advanced materials science to extract drinking water from the air, aiming to provide clean water access without geographical limitations.
Since its inception, SOURCE Global has demonstrated significant growth and attracted substantial investor interest. The company has successfully raised over $243 million through various funding rounds, with its most recent Series D round in April 2022 securing $130 million at a valuation of approximately $1.16 billion. Notable investors include BlackRock, Breakthrough Energy, and Microsoft Climate Innovation Fund, underscoring the company's potential in the renewable energy and clean water sectors.
While there is currently no concrete information available regarding SOURCE Global's IPO prospects, the company's innovative technology and strong funding history suggest it may be well-positioned for future growth. However, it's important to note that any discussion of a potential IPO remains speculative at this time.
Factors that could influence a future IPO decision may include the company's financial performance, market conditions in the renewable energy sector, and the overall state of the global economy. As with any private company, investors interested in SOURCE Global should keep an eye on official announcements and verified reports for the most accurate and up-to-date information regarding any potential public offering.
Get $1000 towards your
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While SOURCE Global's IPO prospects remain uncertain, investors interested in innovative water technology companies don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like SOURCE Global, with lower minimum investments than traditional private equity opportunities. By leveraging our expertise, we help you diversify your portfolio with pre-IPO investments in cutting-edge sectors such as sustainable water solutions.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
