# H 2 O Innovation Inc. funding: rounds and investors

> H 2 O Innovation Inc. has raised $200M across 1 round since 2026. Investors include Scotia Capital, Export Development Canada and National Bank of Canada.

Source: https://millionrounds.com/company/h-2-o-innovation-inc (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *H 2 O Innovation Inc.*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Climate Tech Construction Water

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$200M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $200M May 2026
- **Led by:** Scotia Capital
- **Investors:** 3 (1 led)

See who backed them

## The rounds

- **May 2026** Debt **$200M** [Scotia Capital](https://millionrounds.com/fund/scotiabank) Lead [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Reported by Firms' own news pages

## Everyone who backed them

[Scotia Capital](https://millionrounds.com/fund/scotiabank) Investment bank **1** round, led 1

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

[National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=h-2-o-innovation-inc).

## Quick answers about H 2 O Innovation Inc.

### Who invested in H 2 O Innovation Inc.?

H 2 O Innovation Inc.'s investors include Scotia Capital, Export Development Canada and National Bank of Canada. Scotia Capital led its latest round.

### How much has H 2 O Innovation Inc. raised?

H 2 O Innovation Inc. has raised $200M across 1 round since 2026.

### When did H 2 O Innovation Inc. last raise?

H 2 O Innovation Inc.'s most recent round was a Debt of $200M in May 2026, led by Scotia Capital.

### What was H 2 O Innovation Inc.'s biggest round?

Its most recent round, $200M in May 2026, is also its largest on record.

### Who backed H 2 O Innovation Inc. first?

H 2 O Innovation Inc.'s first round on record, in May 2026, was backed by Scotia Capital, Export Development Canada and National Bank of Canada.

### What stage is H 2 O Innovation Inc. at?

H 2 O Innovation Inc.'s latest named round is a Debt, in May 2026.

### Where is H 2 O Innovation Inc. based?

H 2 O Innovation Inc. is based in Canada.

### Who led H 2 O Innovation Inc.'s rounds?

Scotia Capital led the Debt in 2026.

## Companies like H 2 O Innovation Inc.

In the same sector, and raised in the last eighteen months.

[**telMAX** $294M · Sept 2026](https://millionrounds.com/company/telmax)[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**Brdg** $613K · Aug 2026](https://millionrounds.com/company/brdg)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)

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