CREW Raises $25M of Funding to Scale Wastewater Treatment Optimization Technology as Climate Solution
Publish Date: 2026-05-14 13:30:00
Source Domain: www.prnewswire.com
Water-tech company closes round across equity and non-dilutive capital sources to deploy patented technology at more wastewater utilities, reducing costs and delivering verified carbon dioxide removal
BROOKLYN, N.Y., May 14, 2026 /PRNewswire/ — CREW Carbon, Inc. (CREW) announced today it has closed an oversubscribed Series A round led by Burnt Island Ventures with participation from AP Ventures, Sony Innovation Fund, Builders Vision, Kibo Invest, Idemitsu Ventures, New York Ventures, and family office investors, alongside existing investors Counteract, ANIMO Ventures, Connecticut Innovations, Ponderosa Ventures, and Echo River Capital. The raise includes $19 million in equity and $6 million in grant and other non-dilutive funding.
The wastewater treatment industry faces mounting pressure from tighter regulations and having to treat higher volumes of wastewater with aging legacy infrastructure, leading to treatment costs doubling over the last 20 years. Utilities need solutions that work within and expand the capacity of existing systems without requiring massive capital investments.
CREW’s patented technology helps utilities get more out of their existing infrastructure. By improving pollutant removal, boosting settleability, and reducing reliance on costly chemicals, CREW increases plant capacity and efficiency, lowering both capital and operating costs and easing the burden on ratepayers.
Because CREW’s solution integrates into existing wastewater processes, utilities can see measurable results in weeks. CREW has already secured several long-term RFPs with utilities across the U.S.
“CREW’s water technology is driving jaw-dropping results for wastewater customers,” said Tom Ferguson, Partner at Burnt Island Ventures. “On top of the improvements they deliver to wastewater utilities, CREW’s precise measurement of permanent carbon removal is highly differentiated in the crediting market and…
