DloHaiti Taps VC Funding as it Brings Haiti Clean Water and Jobs

By Lora Kolodny

A “for-profit, for-good” startup, dloHaiti, raised $3.4 million in Series A funding to bring clean, affordable water and new jobs to communities across Haiti, according to the company’s chief executive and founder, Jim Chu.

dloHaiti
The water purification system used at dloHaiti’s local water-treatment facilities.

Investors in dloHaiti’s Series A round included firms that focus on social ventures: Leopard Capital, IFC InfraVentures (an investment arm of the World Bank Group) and Netherlands Development Finance (FMO), along with Miyamoto International.

Pronounced like the French word for water (“de l’eau”), dloHaiti sets up solar-powered kiosks that purify water on-site. It also hires teams to distribute the water to nearby communities. The kiosks are made from off-the-shelf components, Chu said, and are optimized to treat Haiti’s abundant supply of groundwater.

Read more here: http://blogs.wsj.com/venturecapital/2013/05/14/dlohaiti-taps-vc-funding-as-it-brings-haiti-clean-water-and-jobs/

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