Upwell Water is a tech-enabled water resource and infrastructure company that develops, owns, and operates water supply, treatment, and utility assets globally. Under seasoned industry executives, Upwell purchases and develops water utility systems and provides the operating expertise and investment needed to implement system upgrades. The company targets communities served by small or under-resourced systems; the article notes roughly 55,000 water utilities and 16,000 wastewater utilities in the United States often lack experienced operators and capital. Upwell’s stated mission is to ensure a sustainable water future and to support sustainable management of water resources in structurally water-deficient or under-resourced areas. Its current financial position was strengthened by a $100 million equity commitment from Climate Adaptive Infrastructure to support growth of its water and wastewater utility platform. The investment is intended to bring complementary utility expertise and additional equity capital to support upgrades, efficiency gains, cost reductions, and climate resilience across its platform.

Total raised

$100M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024