# Subeca funding: rounds and investors

> Subeca has raised $9.0M across 2 rounds since 2024. Investors include Burnt Island Ventures, Cycle H2O and SUEZ. Every round with its source.

Source: https://millionrounds.com/company/subeca (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Subeca*

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

Energy IoT IT Services Water

Raised this month

Funding summary Updated 26 Oct 2026

**$9.0M** raised across 2 rounds since 2024, from 3 sources

**$6.0M** Series A **$3.0M** Series A

- **Latest round:** Series A, $3.0M Oct 2026
- **Led by:** Burnt Island Ventures
- **Biggest round:** $6.0M Series A · May 2024
- **Investors:** 3 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$6.0M** Series A

**$3.0M** Series A

- **First round:** Series A, $6.0M
- **Biggest round:** $6.0M
- **Between rounds:** 2.4 years

## The rounds

- **Oct 2026** Series A **$3.0M** *3 new* [Burnt Island Ventures](https://millionrounds.com/fund/burnt-island-ventures) Lead [Cycle H2O](https://millionrounds.com/fund/cycle-h2o) [SUEZ](https://millionrounds.com/fund/suez) Reported by Pulse 2.0 and 1 other
- **May 2024** Series A **$6.0M** No investor was named in the report. Source recorded

## Founders and team

From Subeca's own website and the SEC filings it signed: 10 on the team.

- **Anne Mushow** Chief Executive Officer
- **Kelly Galway** Chief Product and Technology Officer
- **Bob Lipsky** Head of Manufacturing
- **Addie Jackson** Business Operations Manager
- **Emmanuel Lodovice** Senior Staff Engineer
- **Lenny Sczechowicz** Deployment Engineering Lead
- **Marc Uy** Principal Engineer
- **Vitalii Kalinin** Director of Software Engineering
- **Don E. Whitson** Executive Officer i
- **Hank E. McCarrick** Executive Officer i

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2024 **Series A** 2026 [Burnt Island Ventures](https://millionrounds.com/fund/burnt-island-ventures) L [Cycle H2O](https://millionrounds.com/fund/cycle-h2o) [SUEZ](https://millionrounds.com/fund/suez)

## Everyone who backed them

[Burnt Island Ventures](https://millionrounds.com/fund/burnt-island-ventures) VC firm **1** round, led 1

[Cycle H2O](https://millionrounds.com/fund/cycle-h2o) VC firm **1** round

[SUEZ](https://millionrounds.com/fund/suez) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=subeca).

## Quick answers about Subeca

### Who invested in Subeca?

Subeca's investors include Burnt Island Ventures, Cycle H2O and SUEZ. Burnt Island Ventures led its latest round.

### How much has Subeca raised?

Subeca has raised $9.0M across 2 rounds since 2024.

### When did Subeca last raise?

Subeca's most recent round was a Series A of $3.0M in Oct 2026, led by Burnt Island Ventures.

### What was Subeca's biggest round?

Subeca's largest round on record is $6.0M (Series A), in May 2024.

### Who backed Subeca first?

Subeca's first round on record, in Oct 2026, was backed by Burnt Island Ventures, Cycle H2O and SUEZ.

### What stage is Subeca at?

Subeca's latest named round is a Series A, in Oct 2026.

### Where is Subeca based?

Subeca is based in the United States.

### Who led Subeca's rounds?

Burnt Island Ventures led the Series A in 2026.

## Companies like Subeca

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)

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