Cambrian Innovation Inc.

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Cambrian Innovation Inc. - overview

Established

2006

Location

Watertown, MA, US

Primary Industry

Power & Utilities

About

Cambrian Innovation Inc. provides advanced wastewater treatment systems and resource management solutions, focusing on transforming wastewater into clean water and renewable energy for various industrial and municipal applications. Cambrian Innovation Inc. was founded in 2006 in Watertown, US.


The company specializes in innovative wastewater treatment technologies and has raised a total amount of USD 200. 00 mn through funding rounds, including a recent GROWTH round in November 2023 where it secured USD 200. 00 mn from Pennybacker Capital. The company's CEO is Matthew Silver, who co-founded the company alongside Rex Salisbury.


Cambrian has completed a total of 10 deals since its inception, with its latest funding reflecting its ongoing commitment to enhance its offerings in the environmental sector. Cambrian specializes in advanced wastewater treatment systems and resource management solutions aimed at transforming wastewater into clean water and renewable energy. Their core offerings focus on modular treatment systems designed to be 'right-sized' based on the specific requirements of each facility, ensuring low input with high-quality output. These systems are engineered to reduce environmental loads, promote resource recycling, and support industries in becoming better stewards of the planet.


Cambrian caters to a diverse clientele, including industrial manufacturers, municipalities, and businesses across various sectors that require efficient wastewater management and resource optimization. The geographical markets for these products primarily span North America, Europe, and select regions in Asia, targeting areas with high industrial activity and stringent environmental regulations. Cambrian generates revenue through a combination of direct sales and partnerships tailored to their innovative wastewater treatment solutions. Transactions are structured primarily as B2B engagements, where companies engage in long-term contracts for the implementation and maintenance of Cambrian systems.


Clients typically enter into agreements that may include subscription-based services for ongoing support and system upgrades, alongside the initial purchase of equipment. The business model emphasizes creating value through cost-saving initiatives associated with their technologies, which are designed to have the lowest cost of ownership. Although specific pricing details are proprietary, the company focuses on providing competitive pricing for its flagship systems and services, which are positioned to deliver substantial savings and operational efficiency to their customers. In November 2023, Cambrian Innovation Inc.


raised USD 200. 00 mn in growth funding from new investor Pennybacker Capital. The company will use the funding to expand and improve its offerings. Future growth strategies include developing new products in wastewater treatment and enhancing existing solutions to better meet market demands.


Cambrian is also targeting expansion into new geographic regions, with a focus on areas with stringent environmental regulations, particularly in Europe and Asia, aimed to be achieved by the end of 2024.


Current Investors

Pennybacker Capital, WindSail Capital Group, Spring Lane Capital

Primary Industry

Power & Utilities

Sub Industries

Water & Sewer Utilities

Website

www.cambrianinnovation.com

Verticals

Clean Technology

Company Stage

Mature - Growth Capital

Total Amount Raised

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Cambrian Innovation Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCambrian Innovation Inc.-

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Cambrian Innovation Inc. - employee data

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