Subeca Raises $3 Million in Series A-2 Funding
Subeca, a company specializing in smart metering solutions, announced on October 13, 2026, that it has raised $3 million in a Series A-2 funding round. The round was led by Burnt Island Ventures, with additional investments from Cycle H2O and SUEZ.
Subeca, based in Cary, North Carolina, provides innovative retrofit and clamp-on smart meters. Their technology is compatible with various networks, including LoRaWAN, Amazon Sidewalk, and Bluetooth, and serves both residential and commercial clients with walk-by, AMR, AMI, and submetering options.
Leadership and Vision
Anne Mushow, Subeca's Chief Executive Officer, is at the helm of the company's strategic direction. The latest funding is expected to help the company expand its technological capabilities and market reach.
Strategic Use of Funds
While specific plans for the newly raised funds were not disclosed, companies in Subeca's industry typically use such investments to enhance product development, expand market presence, and improve operational efficiencies.
Investors and Industry Impact
The involvement of Burnt Island Ventures as the lead investor, along with Cycle H2O and SUEZ, underscores the growing interest and investment in smart metering technologies. This funding round highlights the potential for growth and innovation in this sector.