XPV Water Partners
Growth equityToronto Β· Series AβLate Stage Β· 1 people tracked
Investment thesis
XPV Water Partners invests solely in water-related companies, managing capital from leading institutional investors. The firm partners with emerging businesses and their existing owners and management teams to rapidly scale them, applying deep industry knowledge and a dedicated growth platform spanning strategy, talent, sales, operations, and M&A. It has completed multiple profitable exits, often building platform companies through organic growth and strategic acquisitions. XPV seeks strong, risk-adjusted returns while contributing to sustainable businesses, prosperous communities, and a water-secure future.
Source: firm website, verified Aug 25, 2026.
Team Β· 1 people
from public directories
What they invest in
from 13 of 23 portfolio companiesCleantech Γ11Climate Tech Γ6Energy Γ5IoT Γ5Advanced Manufacturing Γ4Hardware Γ4Construction Tech Γ2Deep Tech Γ2
HQs:United StatesΓ4
Investments Β· 23 tracked
founders shown can be your intro pathOceanSight develops marine sensors and interconnect solutions that provide ocean data to customers in offshore energy, subsea infrastructure, maritime security, environmental research, and fisheries operations.
Climate TechEnergyIoT
Alex Garcia(Chief Executive Officer)Tyler Van Schoonhoven(Chief Revenue Officer)Matt Burdyny(Chief Financial Officer)
Water data management software company organizing water data with billions of real-time field measurements; acquired by Danaher's Water Quality Platform in July 2020.
Atlas-SSI manufactures water and wastewater treatment equipment such as traveling water screens, bar screens, trash rakes, and bulk material handling equipment, along with rebuilds and replacement parts that meet Build America, Buy America (BABA) domestic content requirements.
Advanced ManufacturingCleantechHardwareSlaughter, US
Axius Water provides advanced nutrient removal technologies for municipal and industrial wastewater treatment plants, as well as potable and process water treatment, operating through a group of specialized companies.
CleantechClimate TechImpact & Social Good
A wastewater treatment company providing nutrient and contaminant removal solutions for water and wastewater treatment plant operators.
Advanced ManufacturingCleantechClimate Tech
Samuel Ledwell(President)Jeffrey Prellberg(Vice President, Sales & Marketing)Rob Keeling(Vice President, Operations)Ryan Coleman(Vice President, Engineering)
Manufacturer, seller, renter, and servicer of pumps and fluid handling equipment; acquired by Workdry International in July 2024.
Isle Utilities runs a global forum and advisory practice that connects water technology innovators with utilities, investors, and end users to evaluate, pilot, and deploy novel technologies.
CleantechClimate TechDeep Tech
Co-investorsPalatine
LuminUltra provides microbial monitoring and testing solutions, including ATP field testing (Bugcount), qPCR diagnostics (Genecount), lab services, and a digital platform (Relay), to help industries detect and manage microbial risks.
AgTechBiotechCleantechDeep TechEnergyIoT
Co-investorsInnovative Solutions Canada
Provider of IoT and smart data solutions for remote monitoring of water, wastewater, and environmental assets; acquired by Grundfos in July 2023.
Metron provides cellular smart water metering hardware and a software platform (WaterScope) that gathers per-unit water usage data, integrates with billing systems, and detects leaks for multifamily community and mobile home park operators.
CleantechHardwareIoTPropTechUS, US
Carolyn Parent(Chief Executive Officer)Brad Aquino(Chief Financial Officer)Ellie Graeden(Chief Data and Product Officer)
NSU (Natural Systems Utilities) designs, builds, and operates decentralized water and wastewater treatment infrastructure, including blackwater systems and constructed wetlands, and provides ongoing monitoring and maintenance.
CleantechClimate TechConstruction TechEnergyHillsborough, US
Jonathan Kaledin(Executive Officer)Robert D. Dixon(Executive Officer, Director)Hamsa Shadaksharappa(Executive Officer)Edward Clerico(Director)Dominic Kulik(Executive Officer, Director, Promoter)Harry Halloran(Director)
Newterra designs and provides modular water, wastewater, and environmental treatment systems for municipalities, industries, small communities, and developers, covering the treatment lifecycle from design and project management to technical support and parts.
Advanced ManufacturingCleantechClimate Tech
Co-investorsFrontenacVenture Ontario
Opus Water develops engineered products and solutions for water safety in demanding industrial applications, including water treatment, wastewater management, and process fluid handling.
Advanced ManufacturingCleantech
SmartCover provides remote monitoring and control systems for sewer, lift station, and stormwater infrastructure, turning real-time sensor data into insights for water utilities.
CleantechHardwareIoT
Leading grower and distributor of organic fresh herbs using indoor growing tech with 90% less water; merged with 80 Acres Farms in August 2025.
Co-investorsArborview CapitalDns CapitalMiddleland Capital
Weisinger provides water well drilling, construction, rehabilitation, pump and motor systems, maintenance, rentals, and emergency response services.
CleantechConstruction TechEnergyEnterprise Software
Exits Β· 9
IPOs and acquisitions across the tracked portfolioAquatic Informatics Incacq. by DanaherAtlas-SSIacq. by Goldman Sachs AlternativesAxius Wateracq. by Oldcastle InfrastructureHolland Pump Companyacq. by Workdry InternationalIsle Utilitiesacq. by PalatineMetasphereacq. by GrundfosNatural Systems Utilitiesacq. by Saur GroupNewterraacq. by FrontenacSmartCover Systemsacq. by Badger Meter
Frequently asked questions
- How many investments has XPV Water Partners made?
- XPV Water Partners has 23 tracked investments, 9 of which have exited via acquisition or IPO.
- What stage does XPV Water Partners invest at?
- XPV Water Partners invests at the Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does XPV Water Partners focus on?
- XPV Water Partners focuses on Advanced Manufacturing, Cleantech, Climate Tech, Energy, Impact & Social Good, New Materials.
- Where is XPV Water Partners located?
- XPV Water Partners is headquartered in Toronto, CA.
- Who does XPV Water Partners co-invest with?
- XPV Water Partners most often shares deals with Arborview Capital, Frontenac, Innovative Solutions Canada, among 7 tracked co-investors.
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