Cambrian Innovation leverages an award-winning proprietary product suite and its flagship Water-Energy Purchase Agreement (WEPA) model to deliver turnkey wastewater treatment, water reuse, and energy recovery-as-a-service. Under WEPA the company designs, constructs, installs, owns, and operates treatment systems, charging customers only by the gallon treated or kilowatt hour generated. Cambrian serves commercial and industrial customers in the food, beverage, and resort industries and has implemented solutions for Anheuser-Busch, Sapporo, Keurig Dr. Pepper, Louis Vuitton Moet Hennessy, and Discovery Land. Founded out of MIT in 2011 and based in Boston, Cambrian is led by CEO Matthew Silver. The company has been recognized as a World Economic Forum Technology Pioneer, a Global Circular Economy Leader, and a Top 50 Emerging Global Water Company. Recent capital from Pennybacker — an investment plus up to $200 million in growth equity commitment — is intended to support expansion and improvement of its offerings while continuing to deliver cost savings and sustainability benefits to customers without upfront capital expenditure.

Total raised

$200M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2023