Xylem Expands Partnership with Imagine H2O to Support Water Innovation Entrepreneurs
October 21 2021 - 8:00AM
Business Wire
Global Partnership Scales Imagine H2O’s Work
with Entrepreneurial Water Solutions
Xylem Inc. (NYSE: XYL), a leading global water technology
company dedicated to solving the world’s greatest water challenges
has announced an expanded commitment to Imagine H2O, the leading
water innovation accelerator and ecosystem for water entrepreneurs.
As a global partner, Xylem brings expanded support to Imagine H2O’s
startup Accelerator and joins as the newest partner to Imagine H2O
Asia, the organization’s Singapore-based initiative supporting
water solutions across Southeast Asia.
Xylem’s recently launched Xylem Innovation Labs will work across
Imagine H2O’s programs to support entrepreneurs pioneering
sustainable solutions to the water challenges facing communities
and businesses, such as water access and infrastructure resilience
and affordability. Xylem Innovation Labs creates partnerships with
technology companies and startups to drive growth through
innovation. Executives and business leaders from Xylem will play an
active role in the accelerator’s evaluation process and mentorship
activities. Imagine H2O’s track record of supporting digital water
solutions, combined with Xylem’s technology leadership, will be
central to this new partnership. Additionally, Xylem’s support will
help expand Imagine H2O’s efforts to validate, scale, and finance
water solutions in high-impact markets.
“Ongoing droughts and intensified weather events underscore the
need to mobilize innovation on a broader scale, faster, in the race
to solve the world’s water challenges,” said Sivan Zamir, senior
director of Xylem Innovation Labs. “Xylem is proud to support
Imagine H2O in its role as the leading water innovation accelerator
encouraging the most promising entrepreneurs and changemakers in
water.”
“Xylem’s leadership on issues including digital transformation
and green finance, represents an important partner to our work,”
explains Imagine H2O’s President Scott Bryan. “Together, we can
make meaningful progress toward unleashing new technologies and
ensuring that communities can access the solutions required to
provide safe, affordable, and reliable water to people.”
Applications for Imagine H2O’s Urban Water Challenge are now
open, focused on startups accelerating water sustainability in
coastal cities. Xylem is also supporting Imagine H2O’s upcoming
Water Innovation Week, an annual conference celebrating
entrepreneurship and innovation, on November 3-4.
About Xylem
Xylem (XYL) is a leading global water technology company
committed to solving critical water and infrastructure challenges
with innovation. Our more than 16,000 diverse employees delivered
revenue of $4.88 billion in 2020. We are creating a more
sustainable world by enabling our customers to optimize water and
resource management, and helping communities in more than 150
countries become water-secure. Join us at www.xylem.com.
About IH2O
Imagine H2O is a 501(c)(3) nonprofit organization dedicated to
empowering people to deploy and develop innovation to solve water
challenges globally. The organization’s water innovation
accelerator provides entrepreneurs with the resources, insight and
visibility to launch and scale water solutions. By partnering with
industry and policy experts and a global network of customers and
investors, Imagine H2O has become a proven path to market for
emerging water technology businesses. Since 2009, we have supported
150+ startups who have deployed their solutions in 50+ countries
and have raised more than $600M in investment.
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Media Houston Spencer +1 (914) 240-3046 Houston.Spencer@xyleminc.com
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