Sun Spear Fund, an adaptive impact investment firm, has announced strategic seed investments in two pioneering technology startups tackling global infrastructure challenges. The Charge Solution, a Cambridge University spin-out, is revolutionising wireless charging for electric vehicles (EVs), while Aqua Eye Tech, a Manila-based startup, is advancing smart water management systems to combat resource scarcity.
These investments reflect Sun Spear Fund’s commitment to supporting transformative technologies that address urgent environmental and infrastructure challenges. By backing companies developing next-generation solutions, the fund continues to position itself at the forefront of impact-driven innovation.
Advancing Wireless Charging for Electric Vehicles
The Charge Solution is pioneering Dynamic Wireless Power Transfer (DWPT), a breakthrough in EV charging. Unlike conventional plug-in chargers, DWPT allows vehicles to charge while in motion, dramatically enhancing range and reducing reliance on large batteries. Using resonant electromagnetic induction, the company’s system achieves an efficiency rate of 90-93%, on par with wired charging solutions but with added convenience and flexibility.
This technology is set to transform multiple industries. For fleet operators, it reduces the need for large charging depots and allows for smoother, more efficient logistics. Autonomous vehicles can operate continuously without human intervention, eliminating charging downtime. Public transport systems, such as buses and taxis, can also benefit from this technology, improving reliability and reducing emissions in cities.
Transforming Water Management with IoT Solutions
Aqua Eye Tech is leveraging Internet of Things (IoT) technology to revolutionise urban water management. Its integrated platform combines real-time monitoring, leak detection, and predictive analytics to enhance water distribution networks. This solution is particularly relevant in water-stressed regions, where inefficiencies lead to massive resource losses.
Water utilities often struggle with undetected leaks, resulting in millions of litres of lost water daily. Aqua Eye Tech’s system provides municipalities and businesses with real-time data on consumption patterns and potential issues before they escalate into major crises. By automating monitoring processes, the startup is improving operational efficiency and sustainability, contributing to long-term water conservation efforts.
A Vision for Strategic, Impactful Investments
“These investments exemplify Sun Spear Fund’s ability to identify overlooked opportunities and support companies shaping the future,” said David Meyer, Investment Director at Sun Spear Fund. “We focus on patterns that signal major shifts in infrastructure and sustainability. Wireless charging and intelligent water management are two such emerging sectors with transformative potential.”
Sun Spear Fund is known for its forward-thinking investment strategy, supporting companies that challenge traditional norms. The firm’s commitment to sustainability extends beyond financial support, as it actively engages with portfolio companies to help them scale efficiently.
As part of its involvement, Sun Spear Fund will take board observer positions at both The Charge Solution and Aqua Eye Tech, providing guidance and strategic expertise as they expand operations. The investments will accelerate product development, strengthen teams, and support go-to-market strategies.
By investing in disruptive startups, Sun Spear Fund is reinforcing its mission to create a more sustainable and efficient future. These investments highlight the fund’s focus on impact-driven innovation, ensuring that pioneering technologies can be successfully deployed to address critical global challenges.
Financial details of the transactions have not been disclosed.
