2S Water won at least $150,000 in investment at Startup TNT's Summit XI on May 1 at the Alberta Machine Intelligence Institute.
"We are revolutionizing industrial water management," co-founder and CEO Anthea Sargeaunt said. "We can't change our need for water, but we can change our relationship to it."
Sargeaunt's startup uses sensors to analyze the contents of water, with an emphasis on metals.
Taproot has previously reported on 2S Water's trip to SXSW in 2023, another of its pitch wins in 2021, and an award the company received in 2019.
The company's competitors included Aqua-Cell Energy, which made a side deal for an undisclosed sum during the event, as well as By Dr Mom, CityScan Technologies, Drift Golf, and Firesafe AI.
Startup TNT has produced investment summits since 2019. The prize money comes from a group of 20 to 40 angel investors who pitch in $5,000 each. The winner gets the pot and has the chance to make side deals. The TNT Capital VC Fund invests $50,000 into the total investment prize.
Startup TNT co-founder Zack Storms noted that 2S Water has evolved from a fledgling enterprise into a success story.
"This is a very special win for 2S Water," Storms said. "They were part of our very first investment summit, they got a side deal, and now they're here to win this year."
Previous winners of the main Startup TNT summits include The Fort Distillery at Summit X, Sketchdeck.ai at Summit IX, and AGNT at Summit VIII.
The Summit XI finale is available to rewatch on YouTube.