Subeca, a leading IoT startup in the water technology sector, successfully raised $6M in Series A funding led by SUEZ, a prominent player in the waste and water services industry. This funding round also saw participation from Amazon’s Climate Pledge Fund and Burnt Island Ventures, highlighting the industry’s recognition of Subeca’s innovative solutions.
Subeca’s flagship product is a smart water meter register that can easily retrofit onto existing water meters, transforming traditional meters into intelligent devices. By seamlessly connecting to the AWS cloud via Amazon Sidewalk, Subeca’s smart meter register provides water utilities with valuable data insights while streamlining meter reading operations. This revolutionary technology is set to disrupt the market, particularly for small to medium-sized utilities that have previously been underserved by existing solutions.
CEO Patrick Keaney expressed excitement over the funding, emphasizing Subeca’s commitment to meeting market demand for advanced metering infrastructure (AMI) solutions. With a focus on simplicity and ease of deployment, Subeca aims to empower a wide range of utilities and businesses across the US with access to cutting-edge water management technology.
Amazon’s involvement in supporting Subeca’s initiatives underscores the potential for improved water infrastructure management using the Sidewalk network. Beau Schilz, Senior Manager for Water in the Americas at AWS, highlighted the importance of reliable data collection in managing water use efficiently without the need for expensive traditional network infrastructure.
Joshua Cantone, Managing Director of SUEZ Digital Solutions for North America, commended Subeca’s disruptive smart metering solution, vowing to leverage SUEZ’s expertise to help scale the company’s offerings and market presence. Burnt Island Ventures also expressed enthusiasm for Subeca’s technology, noting its potential to address affordability challenges and drive the adoption of smart metering solutions on a broader scale.
Subeca’s selection for the ImagineH2O Accelerator program further solidifies its position as a frontrunner in the IoT water technology space. With a focus on accessibility and innovation, Subeca is poised to revolutionize water infrastructure management in the US and beyond.
For more information about Subeca and its groundbreaking IoT solutions, visit http://www.Subeca.com. Join the movement towards smarter water management with Subeca, the industry’s go-to provider for cutting-edge metering technology.
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