Fundraising Fox

Drinkwellsystems

Founded 2013 Β· 72 employees on LinkedIn Β· 2 known investors

Drinkwell builds HIX-Nano, a hybrid ion exchange nanotechnology that removes arsenic, fluoride, and other groundwater contaminants at the molecular level, with regenerable, reusable media positioned as more cost-effective than reverse osmosis. It provides water treatment media alongside operations, monitoring, and utility integration services for governments and communities, with coverage referencing water access in Bangladesh.

Also known as Drinkwell Β· Drinkwell Systems

Investors Β· 2

Also in the syndicate Β· 1

ADAP Capital, LLClead

Company profile

researched Aug 2026

Drinkwell (Drinkwell Systems) is a for-profit water infrastructure company headquartered in the United States with operations centred in Bangladesh and India, and installations reported through local partners in India, Laos and Cambodia. Its core technology, marketed as HIX-Nano, is a patented hybrid ion exchange nanotechnology designed to remove arsenic, fluoride, iron, nitrate, uranium, phosphate, lead and other heavy metals from groundwater at the molecular level. The media is described as regenerable and reusable, with the company claiming a 99.9%+ contaminant removal rate, water meeting WHO safety standards, and roughly 70% lower lifecycle cost than reverse osmosis through reduced electricity use and less filter waste.

The company delivers treatment media alongside a services layer covering operations and maintenance, water quality monitoring, utility integration, system rehabilitation, community engagement and structured public-private partnership models. Delivery formats include household point-of-use filters, community pay-per-use water ATM stations and municipal-scale piped water systems. Customers obtain water at ATM booths using prepaid cards, with local entrepreneurs recruited under a micro-franchise model to operate and maintain the equipment.

Drinkwell's website lists institutional relationships with multilaterals (World Bank, Asian Development Bank, UNICEF), bilateral agencies (US State Department, JICA, GIZ) and corporations (Unilever, Danone, Cisco). Third-party sources note past funding from the India Department of Science & Technology and the U.S. Department of State, and an investment round led by ADAP Capital.

Business model

Drinkwell operates a co-financing and micro-franchise model. It provides filtration technology and water ATM booths to public utilities and small NGOs at no upfront cost, while the utility or partner supplies system housing, land, water and electricity. Local entrepreneurs are engaged as franchisees to operate and maintain systems and sell treated water to surrounding communities. The utility sets the price per litre, with a follow-on revenue share or offtake agreement with Drinkwell and its franchisees based on end-user willingness to pay, the utility's balance sheet and project financing sources. Capital and operating costs are blended across customer payments, public institutions, development organisations and investors.

Revenue comes from pay-per-use water sales at community ATM stations (prepaid cards) shared with utilities and franchisees under revenue-share or offtake agreements, sales of contaminant-specific treatment media, and recurring service contracts for operations and maintenance, monitoring, utility integration and system rehabilitation. Grants and public funding from development agencies supplement commercial income.

Traction

Company-reported figures include more than 3.02 million people served, over 700 treatment plants deployed, more than 2.5 billion litres processed and a 99.9% contaminant removal rate. Third-party sources cite 200 profitable deployments across India, Laos and Cambodia, a 2023 collaboration with Dhaka WASA, and estimated annual revenue of $1M-$10M as of July 2026 with approximately 69 employees across Asia and North America. One listing describes the company as financially profitable.

Latest developments

For 2026 the company reports recognition as World Economic Forum Social Entrepreneur of the Year, inclusion in the Meaningful Business MB100 list of global leaders, and an Asian Development Bank investment loan partnership associated with a $138M sovereign loan to accelerate safe water access in Bangladesh. It also cites a 2025 ASSOCHAM National Water Award for arsenic mitigation in West Bengal.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Drinkwell positions itself as a lower-cost alternative to reverse osmosis for decentralised groundwater treatment in South Asia, emphasising regenerable media, government and multilateral backing, and scale of deployment. It reports 3.02M+ people served, 700+ treatment plants deployed and 2.5B+ litres processed, and is described as being in a mass roll-out/expansion stage.

Regenerable, reusable ion-exchange media targeted at specific contaminants rather than membrane-based reverse osmosis, claimed to cut lifecycle costs by about 70%, reduce waste by around 95% and lower energy consumption. The combination of locally regenerable filtration with a micro-franchise operating network and utility co-financing is presented as enabling decentralised scale where utilities supply land, water and power and Drinkwell supplies equipment at no upfront cost.

Technology

HIX-Nano, a patented hybrid ion exchange nanotechnology, uses multi-stage ion exchange to remove arsenic, fluoride, phosphate, uranium, lead, iron, nitrate and other heavy metals at the molecular level while reducing TDS and hardness. The media is fully regenerable and reusable, reducing filter waste and operating costs. The company reports 99.9%+ contaminant removal, compliance with WHO standards, 70% cost savings and 95% waste reduction versus reverse osmosis; third-party material cites claims of 60x more water delivered, 17x less energy consumed and seven orders of magnitude less waste than reverse osmosis. Delivery hardware spans household filters, water ATM dispensing booths with prepaid card payment, and piped municipal systems.

Go-to-market

Drinkwell sells through public-sector and institutional channels β€” partnerships with municipal water utilities and government agencies, NGOs, and multilateral and bilateral donors β€” using structured PPP arrangements and turnkey project delivery. At the community level, distribution relies on a micro-franchise network of local operators who run installations and serve end users directly.

Government bodies and municipal water utilities (such as Dhaka WASA), NGOs, multilateral and bilateral development institutions, and households and institutions in arsenic- and fluoride-affected, largely low-income communities in Bangladesh and India.

Geography

Headquartered in the United States, with a base in Dhaka, Dhaka Division, Bangladesh. Operations are concentrated in Bangladesh and India, including arsenic mitigation work in West Bengal, with deployments through local partners also reported in Laos and Cambodia. Employees are spread across Asia and North America.

History

Drinkwell was founded in 2013. By 2018 it was expanding turnkey decentralised water purification systems across arsenic-contaminated communities in Bangladesh, with a focus on approximately three million low-income residents of Dhaka who otherwise rely on unsafe or illegal water sources; the same year ADAP Capital led an investment round. As of April 2020 the company employed around 50 people, was based in the US and operated in Bangladesh and India. In 2023, Dhaka WASA (DWASA) announced a collaboration with Drinkwell to implement a water supply project. The company's site lists an ASSOCHAM National Water Award in 2025 and, in 2026, a World Economic Forum Social Entrepreneur of the Year recognition, inclusion in the Meaningful Business MB100 list, and an Asian Development Bank investment loan partnership tied to a $138M sovereign loan for safe water access in Bangladesh.

Risks & controversies

Performance and cost-comparison figures such as 99.9%+ removal, 70% cost savings, 95% waste reduction and multiples versus reverse osmosis are company claims. The business model depends on utility and donor co-financing, regulated water tariffs and limited end-user ability to pay, and on long payback periods typical of water infrastructure. Employee, revenue and industry classification data from aggregator listings are estimates and internally inconsistent.

Compiled by commissioned research from 7 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Contaminant removal rateJan 202699.9%
Cost savings vs reverse osmosisJan 202670%
EmployeesJul 202669 employees
Estimated annual revenueJul 2026$1M - $10M
Full-time employeesJan 202050 to 100 FTEs
Liters processedJan 20262,500,000,000 liters
People servedJan 20263,020,000 people
Profitability statusJan 2020Financially profitable
Profitable deploymentsJan 2026200 deployments
Treatment plants deployedJan 2026700 plants
Waste reductionJan 202695%
Year foundedJan 20132,013

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 7

launches, deals, and filings
Jan 2026
Meaningful Business MB100 Global Leaders

Named among 100 companies driving positive impact worldwide.

source β†—

Jan 2026
World Economic Forum Social Entrepreneur of the Year

Recognised at the World Economic Forum for climate-resilient water infrastructure at scale.

source β†—

Jan 2026
Asian Development Bank investment loan partnership

Investment loan partnership associated with a $138M sovereign loan to accelerate safe water access across Bangladesh.

$138M source β†—

Jan 2025
ASSOCHAM National Water Award

Recognised by ASSOCHAM for arsenic mitigation in West Bengal's most contaminated regions.

source β†—

Aug 2023
Dhaka WASA partners with Drinkwell on water supply project

Dhaka WASA announced it was working in collaboration with Drinkwell, a US-based organisation, to implement a water supply project.

source β†—

Sep 2018
Expansion of decentralised water purification systems in Bangladesh

Drinkwell expanded turnkey decentralised water purification systems across arsenic-contaminated communities in Bangladesh, focusing on roughly three million low-income residents of Dhaka reliant on unsafe or illegal water sources.

source β†—

Jan 2018
Grant funding from India Department of Science & Technology and U.S. Department of State

Drinkwell reported funding from the India Department of Science & Technology and the U.S. Department of State.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Drinkwellsystems do?
Drinkwell treats arsenic- and fluoride-contaminated groundwater using regenerable ion-exchange media and water ATM networks in South Asia.
Who are Drinkwellsystems's investors?
Drinkwellsystems's investors include Peak Sustainability Ventures.