This document summarizes WatGrid, a startup that develops smart water grid technology to help address challenges in water distribution and wine production. It estimates that 50% of fresh water is wasted and that leaks result in $14 billion in revenue loss for water utilities annually. WatGrid uses sensors, analytics and real-time monitoring to detect leaks, predict problems, and monitor water quality. Its pilot programs have detected leaks not previously documented, identified anomalous behaviors, and saved over $1.4 million annually for water utilities. WatGrid also applies sensor technology to wine production monitoring and estimates its pilot program could generate an extra $6 million in annual revenue for vineyards. The company aims to break even by 2020 and generate $19 million annually from S