Increasing the Global Supply of Industrial Fresh Water

Deep Science Ventures (DSV) and Coca-Cola Europacific Partners (CCEP) have formed a partnership to design and launch innovative high-growth start-ups to build resiliency into the global supply of industrial fresh water through the creation of high-impact ventures.

We are currently recruiting people with specialist domain knowledge to co-found water-related companies focused on solving problems in the global supply of water to industry.

We bring together entrepreneurial scientists, academic advisors and investors, to design and build new companies, leveraging Deep Science Ventures’ unique venture creation process: Identifying critical commercial and technical approaches, around which high growth ventures and teams can be built. No prior IP or “idea” is required. Candidates on this programme will have at least 12-months to identify the optimal solutions for a given area and create a venture to deliver them. You will be supported in this process by the DSV team and world-leading partners.

THE PROGRAMME

You will join DSV’s venture creation programme as a Founder in Residence and work closely with the DSV team, using our methodology, to spin-out a new company. During the programme, you’ll work on all aspects related to venture creation in this opportunity area, including working out the optimal approach to solve for the desired outcome, building a team and building a viable business case. Once the new venture is incorporated with pre-seed investment from DSV and our corporate partner, you and your co-founders will own the majority stake in the business and continue receiving support from the DSV team post-spinout.

WHO’s it for?

The programme is open to researchers and industry professionals with an interest in science entrepreneurship. We are looking for highly-driven individuals with expertise in water-related technologies and an overwhelming desire to solve planetary and human problems, who are driven to build scalable ventures for solving problems related to the supply of fresh water to industry.

Benefits of joining

A wide variety of benefits, both personally and professionally:

Drive real impact

You'll be working on one of the largest problems facing humanity in the 21st centurty, with the funding and support to make deliver a global impact.

Proven framework & training

We’ve developed a proven methodology for venture creation, launching over 35 companies, and consistently identifying opportunities that others are missing.

Funding

Each company will be created with £250k to cover initial proof of concept work. The average follow-on funding post-incorporation is £600,000, 14 months post-incorporation.

Equity & ownership

Founders will own the majority of equity in their companies.

Industry-leading community

A community of industry-leading operators and ex-founders, across agriculture, climate, therapeutics and computation.

World-leading facilities

Access to important innovation hubs with leading experts in the areas we are developing.

Remote flexibility

Work from anywhere in the world.

Boost your career

Entrepreneurship offers excellent career progression. Entrepreneurs often publish more papers with higher-level co-authors and file more patents than they did in academia.

Avoiding Water Scarcity in Industry

Problem to solve

Water represents a key input for industry, whether for production purposes or as an ingredient. Today it represents up to 24% of total annual water demand, second to Agriculture. With a growing global population, the demand for water is increasing while water availability is strained by pollution and climate change. This is also the case for industry, essential for modern life, where two thirds of businesses already face substantial risk from water scarcity.

Reason to solve

There are a variety of different technologies, both established and under development, that may be able to restore the reliability of groundwater and reservoirs, e.g. directed precipitation capture or minimizing/monitoring evaporation. Without these solutions, we face a trade-off between industrial and residential water use, with longer-term implications for economic growth.

Apply Here

Adam Tomassi-Russell

Director, Climate, Deep Science Ventures

Deep Science Ventures is a venture creator, combining available scientific knowledge and founder-type scientists into high-impact ventures, to build a future where both humans and the planet thrive.

This partnership represents an opportunity to contribute solutions to one of the major problems of the 21st century: The supply of fresh water. This partnership with Coca-Cola Europacific Partners, a globally renowned leader in their field, leveraging DSV’s outcome-focused venture creation methodology, will result in the creation of ventures that are well placed to scale, to build resiliency into the global supply of industrial fresh water.

Craig Twyford

Head of CCEP Ventures

Coca-Cola Europacific Partners is one of the leading consumer goods companies in the world. We make, move and sell some the world’s most loved brands – serving 600 million consumers and helping 2 million customers across 29 countries grow their business. We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support. The Company is currently listed on Euronext Amsterdam, the NASDAQ Global Select Market, London Stock Exchange and on the Spanish Stock Exchanges, trading under the symbol CCEP. For more information about CCEP, please visit www.cocacolaep.com & follow CCEP on Twitter at @CocaColaEP.

Although water covers 70% of our planet, freshwater for human use – from agriculture, to manufacturing to personal use - only accounts for 1%. With climate change exacerbating water scarcity in many parts of the world we have a responsibility to think innovatively about how we respond to this issue. The launch of this project reflects our ongoing commitment to water stewardship, and our ambition to build a more water secure world, both for our business, our industry, and the communities we work alongside.

APPLICATION PROCESS

We review applications within 5 working days from submission. The process typically takes 4 weeks for successful candidates.

Our planet needs water solutions

As current projections stand, over 4 billion people will face some form of water scarcity by 2050 - the majority of which will reside in urban centres. Even if ambitious climate and population growth targets are adopted, only about 20% of water scarcity can be mitigated. In this article, we explore methods for how me might overcome this water scarcity.

10 March 2023

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Climate