When was Sweetwater founded?

Sweetwater was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is Sweetwater located?

Sweetwater is headquartered in Rochester, United Kingdom.

How many employees does Sweetwater have?

As of Jul 31, 2026, the latest employee count at Sweetwater is 11.

Is Sweetwater a funded company?

Sweetwater is a funded company, having raised a total of $17.7M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 2010.

When was the latest funding round of Sweetwater?

Sweetwater's latest funding was a $***** Conventional Debt round on Nov 10, 2015, with participation from 0 investor. Its primary sector is Bioenergy. Globally, the Bioenergy sector has seen $896M in funding in 2026 to date.

Where does Sweetwater rank among its competitors?

Sweetwater ranks 6th amongst 80 active competitors, of which 12 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was ComBio, which secured an undisclosed amount in Sep, 2023.

Who are the top competitors of Sweetwater?

Sweetwater's top competitors include EdeniQ, ECOBOARD and Global Clean Energy. Among them, ComBio secured the most recent funding round in September, 2023.

Sweetwater - 2026 Company Profile, Funding & Competitors

Sweetwater is a series B company based in Rochester (United Kingdom), founded in 2006. It operates as a Producer of concentrated sugars and clean lignin. Sweetwater has raised $17.7M in funding. The company has 80 active competitors, including 12 funded and 13 that have exited. Its top competitors include companies like EdeniQ, ECOBOARD and Global Clean Energy.

Company Details

SweetWater Energy formerly known as Sweet water ethanol is a renewable energy company, engages in the production of concentrated sugars and clean lignin from multiple non-food plant materials to meet bioenergy, biochemical, and bioplastics needs. The two platform products are cellulosic sugars and clean non-sulphonated lignin fiber.

Website: sweetwater.us
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Key Metrics

Founded Year

2006

Location

Rochester, United Kingdom

Stage

Series B

Total Funding

$17.7M in 7 rounds

Latest Funding Round

Conventional Debt, Nov 10, 2015, $*****

Investors

MIT Startup Exchange & 2 more

Ranked

6^th among 80 active competitors

Employee Count

11 as on Jul 31, 2026

Similar Companies

EdeniQ & 89 more

View Sweetwater's full profile

Sweetwater has raised a total funding of $17.7M over 7 rounds. Its first funding round was on Feb 2010. Sweetwater has 3 institutional investors.

Here is the list of recent funding rounds of Sweetwater:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 10, 2015	4020701	Conventional Debt	3550079	8774068	7281866	7381927
Apr 17, 2015	3125357	Conventional Debt	4871511	3730127	9128309	7499270
Dec 20, 2013	1715629	Grant (prize money)	7267441	6034454	6234264	New York State Energy Research and Development Authority

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View details of Sweetwater's funding rounds and investors

Sweetwater's employee count trend

Sweetwater has 11 employees as of Jul 26. Here is Sweetwater's employee count trend over the years:

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Top competitors of Sweetwater include EdeniQ, ECOBOARD and Global Clean Energy. Here is the list of Top 10 competitors of Sweetwater, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	EdeniQ 2008, Visalia (United States), Acquired	Provider of analytical testing methods for grains and biofuel materials	$73.5M	Trinity Capital Investment, Northgate Capital ... & 19 others	48/100
2nd	ECOBOARD 1986, Pune (India), Public	Manufacturer of composite building materials derived from processed agro fibers	-	-	44/100
3rd	Global Clean Energy 2008, Torrance (United States), Public	Vertically integrated renewable fuels company focused on sustainable, low-carbon transportation solutions	-	ExxonMobil	43/100
4th	Virdia 2007, Redwood City (United States), Acquired	Cellulosic conversion to lignin	$25.1M	Khosla Ventures, Burrill and Company & 3 others	42/100
5th	Cenergi 2010, Petaling Jaya (Malaysia), Acquired	Developer of renewable energy and energy efficiency power plant projects	-	Khazanah Nasional Berhad, China Construction Bank ... & 1 others	42/100
6th	Sweetwater 2006, Rochester (United Kingdom), Series B	Producer of concentrated sugars and clean lignin	$17.7M	MIT Startup Exchange, Cranberry Capital & 1 others	41/100
7th	ComBio Seed	Provider of industrial biomass boilers to reduce carbon emission output	-	Lightrock, SPX Capital	37/100
8th	Assured Renewables 2016, Vancouver (Canada), Unfunded	Provider of sustainable waste and water treatment technology system solutions	-	-	36/100
9th	ProPellet Oy 2005, Ylivieska (Finland), Acquired	Provider of renewable bioenergy heat utility services for commercial properties	-	-	35/100
10th	Celignis Funding Raised	Provider of biomass compositional analysis and bioprocess development consulting services	-	Europa	35/100