Subeca Raises $3M Series A-2 to Expand Smart Water Metering
Cary, N.C. – October 12, 2026 -- Subeca has raised approximately $3M in a Series A-2 round to expand its smart water metering hardware and software for utilities, adding to the $6M Series A it closed in 2024.
Burnt Island Ventures, described in the release as the most active venture investor in the global water industry, led the round. Cycle H2O, a water technology venture fund, joined as a new investor. SUEZ, which led the 2024 Series A, also participated, along with several additional investors.
Subeca is live in 23 communities with a bundled meter-and-software package
Burnt Island General Partner Christine Boyle said the firm sees a billion-dollar opportunity in unmet demand for affordable smart meter infrastructure and AI-native software. Subeca currently offers its bundled smart meter plus software package in 23 communities.