Air Water Ventures

Abu Dhabi, United Arab Emirates Cleantech Public

Air Water Ventures (brand: A1R WATER, formerly Eshara Water) is a water company that produces drinking water by extracting humidity from the air. Founded in 2018 by Alex Guy, it develops atmospheric water generators and builds and operates water farms and bottling plants, selling premium packaged water to hotels, venues, retailers and distributors. Based in Abu Dhabi with a bottling facility in Hialeah, Florida, it is led by CEO Peter Carr and backed by Tau Capital. It listed on Nasdaq as WATR in August 2026 through a business combination with Inflection Point Acquisition Corp. III, alongside a $96 million PIPE.

Public Company

Air Water Ventures is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Employees

51–200

Total Funding

$114.69M

8 rounds

Last Private Valuation

$0.39B

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
IPO Recent pro forma EV ~$419M (announced Aug 2025) 2026-08-14

Closed SPAC business combination with Inflection Point Acquisition Corp. III; Air Water Ventures (WATR) began Nasdaq trading Aug 17, 2026.

Now publicly traded; private secondary pricing superseded by Nasdaq market price.

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $114.69M across 8 rounds

Last updated 10-04-2026

DateRoundAmount RaisedValuationLead Investors
Aug 14, 2026 Series A Preferred (closing PIPE) $46.0M — Not disclosed
Mar 19, 2026 Series A Preferred (pre-funded PIPE, additional tranches) $17.5M — Not disclosed
Aug 25, 2025 Series A Preferred (PIPE funded at signing) Press release $32.5M — Inflection Point Asset Management

Prominent Investors

Athena Technology Acquisition Corp. II

Leadership

  • Peter Carr

    Chief Executive Officer & Chairman

  • David Tuerff

    Chief Financial Officer

  • Ryan Bibbo

    Chief Operating Officer

Air Water Ventures Investment FAQ

Air Water Ventures FAQ

Air Water Ventures Limited completed its business combination with Inflection Point Acquisition Corp. III on August 14, 2026 and began trading on Nasdaq under the ticker WATR on August 17, 2026. The deal was accompanied by a $96 million PIPE of Series A Preferred Shares and warrants. The company filed a Form F-1 resale registration statement on September 11, 2026.

Air Water Ventures shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Air Water Ventures had a valuation of approximately $0.39B at the time of its public offering. Current market capitalization fluctuates with the share price.

Air Water Ventures raised $114.69M across 8 disclosed funding rounds prior to its public listing.

Air Water Ventures is headquartered in Abu Dhabi, United Arab Emirates.

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