H2O Innovation
H2O Innovation is a Quebec-based water solutions company providing engineered membrane filtration systems, decentralized WaterHub facilities under Water Purchase Agreements, and long-term operation and maintenance services to municipal, industrial, and remote-camp clients across North America and select international markets.
- Company typePublic
- Founded2000
- HeadquartersQuebec, Canada
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What H2O Innovation does
H2O Innovation is a Quebec, Canada-based water solutions company providing engineered water and wastewater treatment systems and long-term services to municipal, industrial, and remote-camp clients globally. Founded in 2000 and operating across five synergistic business pillars — Water Technologies & Services (WTS), Specialty Products (SP), Operation & Maintenance (O&M), Water Infrastructure Development (WID), and Maple & Agri-food (MAF) — the company delivers membrane filtration technologies (nanofiltration, reverse osmosis, ultrafiltration, microfiltration, and membrane bioreactors) plus proprietary platforms including FlexRO, FiberFlex, flexMBR, Bio-Wheel/IFAS, SILO, FLEXBOX containerized units, and the WaterHub decentralized treatment and reuse model delivered under Water Purchase Agreements.
The business generates revenue through project-based capital equipment sales to municipalities, utilities, and industrial customers (oil and gas, food and beverage, mining, power generation, healthcare, and education); long-term recurring service revenue through its Utility Partners O&M business operating 37 plants in eight US states and 13 plants in Alberta; specialty chemicals, components, and consumables; mobile fleet rentals; and asset-ownership-style recurring revenue through WaterHub Water Purchase Agreements with no upfront client capital outlay. Geographic operations span Canada, the United States, Mexico, the Netherlands, the United Kingdom, and Spain, with manufacturing plants in Quebec, Minnesota, Vermont, the Netherlands, and Spain.
Following an April 2025 acquisition by Ember Infrastructure for approximately US$395 million, H2O Innovation has accelerated inorganic growth — acquiring Lama Filtration Systems (September 2025) and BestUV (May 2026), securing a US$200 million sustainability-linked Blue Loan from Scotiabank (May 2026), entering the semiconductor high-purity water market via a Fathom Water partnership (December 2025), and joining the DESAL4ALL consortium with DuPont, Acciona, and Danfoss as an XPRIZE Water Scarcity semifinalist. The company is a recognized industry player, having received the Global Water Awards Water Company of the Year honor in 2020.
H2O Innovation firmographics
Firmographics- Name
- H2O Innovation
- Legal name
- H2O Innovation Inc.
- Website
- https://h2oinnovation.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- H2O Innovation is a Quebec-based water solutions company providing engineered membrane filtration systems, decentralized WaterHub facilities under Water Purchase Agreements, and long-term operation and maintenance services to municipal, industrial, and remote-camp clients across North America and select international markets.
- Ownership category
- akta.pro rank
H2O Innovation industry classification
Industry- Product category
- Water Treatment Systems
- NAICS
- Sewage Treatment Facilities (22132), Water Supply and Irrigation Systems (22131), Pump and Compressor Manufacturing (33391), Chemical Manufacturing (325)
- SIC
- Special Industry Machinery (No Metalworking Machinery) (3550), Water Supply (4941), Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ)
- akta.pro secondary industries
- Water Reuse & Reclamation Infrastructure Construction (Recycled Water Systems) (IMAFAGAH), Industrial Wastewater Reuse (Cooling/Process/Boiler Feed) (EUANADAM), Industrial Water Reuse Utilities (ZLD/MLD & Process Water Recycling) (EUANAGAG), Water Treatment & Process Specialty Chemicals (IMAEABAN)
Keywords
Where H2O Innovation is headquartered
LocationHeadquarters
- HQ city
- Quebec
- HQ country
- Canada
- HQ region
- North America
Offices19 records
Markets served
H2O Innovation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Water Technologies & Services (WTS): Design, assembly, and delivery of custom water and wastewater treatment systems incorporating membrane technologies, filtration, and biological treatment processes. Revenue is generated through project-based system sales.
- Specialty Products: Sale of specialty chemicals, components, consumables, and MegaVessel systems for water treatment applications.
- Operation & Maintenance (O&M): Long-term operation, maintenance, and repair services for water and wastewater treatment facilities. Utility Partners operates, maintains and repairs treatment plants, distribution equipment, and water utilities for municipal clients. Revenue generated through service contracts.
- Water Infrastructure Development (WID): Development of WaterHub decentralized treatment facilities delivered under Water Purchase Agreements (WPAs), providing recurring revenue through long-term water supply contracts with no upfront capital cost to clients.
- Maple & Agri-food (MAF): Equipment and services for maple syrup production and agricultural water management, including wireless monitoring and management systems.
- Mobile Fleet Rental: Rental of mobile water treatment equipment for temporary or pilot applications, providing flexible access to treatment capacity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Custom project-based pricing for water treatment systems |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
H2O Innovation product offering
Product offeringCore offering
H2O Innovation designs, assembles, and delivers custom water and wastewater treatment systems incorporating proprietary membrane technologies (NF, RO, UF, MF, MBR). The company provides equipment, specialty chemicals, consumables, and long-term operation and maintenance services through five business pillars: Water Technologies & Services, Specialty Products, Operation & Maintenance, Water Infrastructure Development (WaterHub decentralized facilities under Water Purchase Agreements), and Maple & Agri-food.
Product overview
H2O Innovation is a water solutions company organized around five synergistic pillars: Water Technologies & Services (WTS), Specialty Products (SP), Operation & Maintenance (O&M), Water Infrastructure Development (WID), and Maple & Agri-food (MAF). The company provides equipment, chemicals, consumables, and long-term services supporting the full lifecycle of water, wastewater, and water reuse treatment. Core technology products include the WaterHub® distributed infrastructure platform, FLEXBOX™ RO/UF containerized systems, FiberFlex™ and flexMBR™ membrane systems, Bio-Wheel™ IFAS technology, and SILO™ decentralized MBR system. The Specialty Products division offers chemicals, components, consumables, MegaVessel systems, and the H2O Monitoring smart sensor system. O&M services operate 50 plants across North America through the Utility Partners brand. The May 2026 acquisition of BestUV added proprietary UV disinfection technology for municipal, industrial, and maritime applications. The company operates globally with manufacturing facilities in Canada and the USA, and offices across North America, Europe, and Mexico.
Differentiator
Problem solved
Functional benefit
Brands
- WaterHub: Water treatment and reuse facilities serving municipalities, utilities, hospitals, universities, airports, manufacturers, and other clients
- FlexBOX
- SILO
- FiberFlex
- flexMBR
- H2O Monitoring
- H2O-LEADER
Products and services
- WaterHub
Quantifiable outcome
- 40% less energy consumption and 30% more compact than conventional activated sludge systems for Bio-Wheel and flexMBR technologies
- +3 more outcomes
Companies that use H2O Innovation
Customer profileNamed customers12 records
Segments9 records
Ideal customer profiles3 records
H2O Innovation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
H2O Innovation partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, strategic and minor.
- DuPontcoreH2O Innovation is part of DESAL4ALL consortium including DuPont, Acciona, and Danfoss, named semifinalist in XPRIZE Water Scarcity Track A focusing on system-level desalination innovation. The consortium will showcase FilmTec reverse osmosis membrane technology paired with low-energy pretreatment and high-efficiency pumps.
- AccionacorePart of DESAL4ALL consortium for XPRIZE Water Scarcity competition focusing on sustainable seawater desalination through system-level innovation.
- DanfosscorePart of DESAL4ALL consortium for XPRIZE Water Scarcity competition, contributing high-efficiency pumps for sustainable desalination technology development.
- BestUVstrategicAcquisition of BestUV, a Dutch manufacturer of ultraviolet water disinfection systems. BestUV becomes a new business unit within H2O Innovation focused on UV disinfection technology for municipal, industrial, and maritime applications. All BestUV employees and management join H2O Innovation with operational continuity maintained.
- Laval UniversityminorH2O Innovation is partnering in the first-ever research chair on maple syrup production and sugar bush management at Laval University. The company provides expertise and equipment for data collection to improve resilience and innovation in Quebec's maple syrup sector.
- Fathom WaterstrategicH2O Innovation is collaborating with Fathom Water to enter the semiconductor market, leveraging combined expertise in advanced water treatment for high-purity water requirements in semiconductor manufacturing.
- Sustainable WatercoreStrategic partnership for WaterHub development projects, including Fortune 500 campus water infrastructure. H2O Innovation serves as technology provider while Sustainable Water develops and finances decentralized water treatment facilities.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
H2O Innovation competitors and assessment
Company assessmentBroad incumbents
- Veolia Water Technologies & Solutions: Global water treatment major offering membrane systems, chemicals, O&M and infrastructure services across municipal and industrial end markets; competes head-on with H2O Innovation's WTS and Specialty Products pillars but at vastly greater scale.
- SUEZ Water Technologies & Solutions: Provides membrane filtration, specialty chemicals and water reuse solutions globally with very similar product/market overlap to H2O Innovation's WTS, Specialty Products, and WID businesses.
- Xylem (including Evoqua): Leading global water technology company with strong presence in transport, treatment and reuse systems — directly competes in membrane filtration, UV disinfection (post-Evoqua), and O&M services for municipal and industrial clients.
- Ecolab (Nalco Water): Industrial water and process treatment giant with a broad chemicals, monitoring, and equipment portfolio serving food & beverage, mining, oil & gas and manufacturing — overlapping directly with H2O Innovation's Specialty Products and industrial verticals.
- Kurita Water Industries: Japanese water treatment specialist offering membrane systems, specialty chemicals and ultrapure water solutions for semiconductor, power, and industrial customers — a meaningful comparator to H2O Innovation's semiconductor push and Specialty Products division.
Direct peers
- Pentair: Manufactures membrane filtration systems, pumps and water treatment equipment for residential, commercial and industrial applications — comparable in membrane technology offering and target verticals to H2O Innovation's WTS pillar.
- IDE Technologies: Israeli specialist in desalination and membrane-based water treatment with large-scale RO systems globally — direct competitor in the desalination and water reuse segments where H2O Innovation is investing via DESAL4ALL.
- Fluence Corporation: Decentralized and containerized water and wastewater treatment specialist offering packaged plants and rapid-deployment systems — directly comparable to H2O Innovation's FLEXBOX, SILO and WaterHub decentralized offerings.
Emerging players
- Organica Water: Niche provider of decentralized biological wastewater treatment plants using proprietary Fixed-Biofilm Activated Sludge (FBAS) technology — comparable to H2O Innovation's Bio-Wheel/IFAS and SILO decentralized wastewater solutions.
Regional players
- Aqua America (Essential Utilities): US regulated water and wastewater utility operating treatment plants and networks — comparable to H2O Innovation's Utility Partners O&M and WaterHub infrastructure development businesses on the municipal customer side.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
H2O Innovation social profiles
Digital presenceH2O Innovation compliance and trust
Trust signalCompliance8 records
H2O Innovation financial estimates
Financial estimateRevenue estimate
Valuation estimate
H2O Innovation leadership team
Management profileNumber of profiles
Profiles5 records
H2O Innovation subsidiaries and ownership
Company hierarchySubsidiaries1 record
H2O Innovation funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
H2O Innovation M&A and investment
M&A and investmentM&A12 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about H2O Innovation
What does H2O Innovation do?
H2O Innovation designs, assembles, and delivers custom water and wastewater treatment systems incorporating proprietary membrane technologies (NF, RO, UF, MF, MBR). The company provides equipment, specialty chemicals, consumables, and long-term operation and maintenance services through five business pillars: Water Technologies & Services, Specialty Products, Operation & Maintenance, Water Infrastructure Development (WaterHub decentralized facilities under Water Purchase Agreements), and Maple & Agri-food.
Is H2O Innovation a public or private company?
H2O Innovation is a public company. It is classified as private equity controlled and is currently operating.
When was H2O Innovation founded?
H2O Innovation was founded in 2000. It employs 101 to 250 people.
Where is H2O Innovation based?
H2O Innovation is headquartered in Quebec, Canada, in the North America region.
How does H2O Innovation make money?
Six revenue lines are on record. Water Technologies & Services (WTS) is the primary driver. The others are specialty Products, operation & Maintenance (O&M), water Infrastructure Development (WID), maple & Agri-food (MAF) and mobile Fleet Rental.
Who are H2O Innovation's main competitors?
Broad incumbents on record are Veolia Water Technologies & Solutions, SUEZ Water Technologies & Solutions, Xylem (including Evoqua), Ecolab (Nalco Water) and Kurita Water Industries. Direct peers are Pentair, IDE Technologies and Fluence Corporation. Organica Water is listed as an emerging player. Aqua America (Essential Utilities) is listed as a regional player.
Does H2O Innovation have an API?
No public API is recorded for H2O Innovation.
What industry is H2O Innovation in?
H2O Innovation's product category is Water Treatment Systems. Its primary akta.pro industry code is IMAHAEAJ, Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems), with a secondary code of IMAFAGAH, Water Reuse & Reclamation Infrastructure Construction (Recycled Water Systems). Its NAICS code is 22132 and its SIC code is 3550.