HomeUSA12 Startups Join Xylem’s 2024 Accelerator Program

12 Startups Join Xylem’s 2024 Accelerator Program

Xylem

Twelve startups were selected for the 2024 cohort of the Xylem Partnerships Accelerator run by Xylem Innovation Labs.

Launched in 2022, the Accelerator was created to expedite the introduction of innovative technologies to address the toughest challenges faced by water utilities, industrial water users, and communities around the world.

Innovations from the 2024 cohort include advanced pathogen detection, novel leak detection materials, and artificial intelligence that can predict flooding, inspect pipelines, and simplify regulatory compliance reporting. Participants will gather this March for an Accelerator Symposium bringing together Xylem colleagues, customers, and the water innovation ecosystem.

The Accelerator addresses pain points of technology adoption in the water industry by collaborating with stakeholders across the innovation journey. Under the program, Xylem works with universities, startups, and technology companies to refine, optimize, and scale solutions through mentorship, interactive workshops, and commercial demonstrations.

Since its inception, the program has supported 35 companies from 13 countries, including EOMAP, a Germany-based software company that uses satellite data to give customers a holistic picture of water quality across entire watersheds. EOMAP is now partnering with Xylem to support customers ranging from oceanic research institutes and environmental protection agencies to national water authorities in the United States, Europe, the Middle East, and Australia.

Xylem (XYL), a global water technology company with 23,000 diverse employees delivered combined pro forma revenue of $8.1 Billion in 2023, is also inviting high school and university students worldwide to develop solutions to the world’s biggest water challenges by joining the 2024 Global Student Innovation Challenge.

Innovators aged between 13-25 can submit ideas to tackle three global problems: reducing plastic ocean waste, lowering greenhouse gas (GHG) emissions, and minimizing water waste – all of which supports more secure and resilient water systems for communities.

During the 8-week challenge, which begins on March 15, students will be mentored by leading water industry experts and learn about key water challenges and concepts. The top teams will share a $20,000 prize pool and can join the Xylem Ignite Innovation Incubator to further develop their solutions. The deadline for submissions is May 8, 2024.

VCWire

06/03/2024