When was Forward Water Technologies founded?

Forward Water Technologies was founded in 2012 and raised its 1st funding round 5 years after it was founded.

Where is Forward Water Technologies located?

Forward Water Technologies is headquartered in Toronto, Canada.

Who is the current CEO of Forward Water Technologies?

C Howie Honeyman of Forward Water Technologies.

How many employees does Forward Water Technologies have?

As of May 31, 2026, the latest employee count at Forward Water Technologies is 7.

Is Forward Water Technologies a funded company?

Forward Water Technologies is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Nov 03, 2017.

When was the latest funding round of Forward Water Technologies?

Forward Water Technologies' latest funding was a $***** Post IPO round on Jul 31, 2025, with participation from 0 investor. Its primary sector is Water and Wastewater Management Tech. Globally, the Water and Wastewater Management Tech sector has seen $133M in funding in 2026 to date.

Where does Forward Water Technologies rank among its competitors?

Forward Water Technologies ranks 1st amongst 11 active competitors, only 1 of which is funded. Forward Water Technologies, which secured $544K in Jul, 2025.

Who are the top competitors of Forward Water Technologies?

Forward Water Technologies' top competitors include Fluid Technology Solutions, GCM del Peru and Kendel. Among them, Forward Water Technologies secured the most recent funding round in July, 2025.

Forward Water Technologies - 2026 Company Profile, Team, Funding & Competitors

Forward Water Technologies is a public company based in Toronto (Canada), founded in 2012. It operates as a Developer of forward osmosis technology for water recovery and volume reduction. Forward Water Technologies has raised an undisclosed amount in funding. The company has 11 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Fluid Technology Solutions, GCM del Peru and Kendel.

Company Details

Developer of forward osmosis technology for water recovery and volume reduction. The company provides services including lab testing, pilot plant services, and mobile forward osmosis services. It offers a staged process including computer modelling, bench top testing, in-house pilot plant testing, and on-site demonstration plant. The technology is applicable to industries such as lithium mining, brine management, and oil and gas.

Website: www.forwardwater.com/
Social
Email ID: *****@forwardwater.com

Key Metrics

Founded Year

2012

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Post IPO, Jul 31, 2025, $*****

Investors

Sustainable Development Technology Canada & 7 more

Ranked

1^st among 11 active competitors

Employee Count

7 as on May 31, 2026

Similar Companies

Fluid Technology Solutions & 9 more

Exit Details

Public

View Forward Water Technologies' full profile

Forward Water Technologies got listed on Oct 26, 2021.

Click here to take a look at Forward Water Technologies's IPO in detail

Forward Water Technologies has raised funding over 7 rounds. Its first funding round was on Nov 03, 2017. Forward Water Technologies has 8 institutional investors.

Here is the list of recent funding rounds of Forward Water Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2025	8552980	Post IPO	8414809	1563510	9697661	5002397
Feb 24, 2025	8306757	Post IPO	7112863	4147358	2937175	2241796
Jan 24, 2025	6360343	Post IPO	8937460	6453494	1340318	3461745

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View details of Forward Water Technologies's funding rounds and investors

Forward Water Technologies' employee count trend

Forward Water Technologies has 7 employees as of May 26. Here is Forward Water Technologies's employee count trend over the years:

Employee count trend for Forward Water Technologies

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Top competitors of Forward Water Technologies include Fluid Technology Solutions, GCM del Peru and Kendel. Here is the list of Top 10 competitors of Forward Water Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Forward Water Technologies 2012, Toronto (Canada), Public	Developer of forward osmosis technology for water recovery and volume reduction	-	Sustainable Development Technology Canada, Alberta Innovates ... & 6 others	52/100
2nd	Fluid Technology Solutions 2015, Albany (United States), Acquired	Membrane filtration solutions based on Forward Osmosis technology	$500K	Imagine H2O	33/100
3rd	GCM del Peru 2009, Santiago de Surco (Peru), Acquired	Operator of a water treatment facility engaged in water desalination	-	-	20/100
4th	Kendel 2021, Chile, Unfunded	Developer of brine treatment technologies recovering valuable products from desalination plants	-	-	19/100
5th	Deep Sea Tek 2021, Houston (United States), Unfunded	Provider of deep seawater processing systems installed on deployable factory vessels	-	-	17/100
6th	OSMO Technology Solutions 2020, Albany (United States), Seed	Provider of forward-osmosis water treatment solutions	$56.1K	-	16/100
7th	Net Positive Los Angeles (United States), Unfunded	Provider of desalination technology, portable units, and urban design solutions	-	-	16/100
8th	Cap water & power International 2021, San Francisco (United States), Unfunded	Developer of modular, scalable, factory-tested desalination plants with low carbon footprint	-	-	16/100
9th	Salinewater.org Minsk (Belarus), Funding Raised	Developer of desalination technologies focused on securing and protecting global water resources	-	-	16/100
10th	Aqua Life 2013, Poland, Unfunded	Manufacturer of desalination systems, high-pressure pumps, reverse osmosis modules, and plants	-	-	16/100