BE WTR News
BE WTR completed its third investment round
01 June 2022, 7:11 GMT
By BE WTR
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BE WTR SA, the Lausanne based sustainable water systems brand, has completed a 4 million CHF investment round to accelerate innovations and market launches.
BE WTR is the first premium sustainable water brand aiming to promote more ecological water consumption and to contribute to a better hydration thanks to its technological and design water systems. BE WTR develops and markets water systems for private and professional uses (offices and HoReCa), upgrading local tap water with a system composed of ultrafiltration, carbon active filters, under the counter refrigeration & carbonation units and design taps, allowing on-demand, chilled, still & sparkling water.
BE WTR also develops and operates on-site bottling lines for large hotels and venues, allowing to bottle BE WTR local, filtered tap water in reusable, sealable glass bottles.
No more plastic bottles, waste or unnecessary transport.
Founder and CEO Mike Hecker says: “I believe it’s on us to be the change we want to see in the world. Cutting back on single-use plastic is the smallest biggest change people can start making. And if you’re getting 100% pure, great-tasting water in return, then both planet and consumers win.”
In addition, BE WTR focuses heavily on sustainability by participating in the “1% for the planet” platform and is finalizing its B-Corp certification.
Based in Lausanne and with operations in Switzerland, Sweden, Denmark, Finland, France and UAE the company has over 30 employees and plans to finish the year with 50.
The round was led by current investors; Mike Hecker, founder and CEO; PeakBridge VC and additional funding from Geneva & Athens based family offices.
The funding allows BE WTR to accelerate its product and markets development with a new line of patented, design water systems launched during the summer.
About PeakBridge:
PeakBridge is a pioneering global fund manager in the Agri-FoodTech sector, focusing on scalable, and ESG-positive seed and growth companies with protectable technologies. PeakBridge invests in and works with the entrepreneurs who are the true stewards of food and innovation necessary to feed people in a way that is more efficient for the planet. PeakBridge also supports the growth of startups with a focus on ingredient innovations, alternative protein technologies, digitization, nutrition and health and novel farming systems. Erich Sieber, General Partner of PeakBridge, commented: “We are proud to be the anchor investor of BE WTR leading this latest Series B round. BE WTR is uniquely positioned to solve one of the biggest pain points in the beverage industry – accessibility to better-tasting, local water in the most sustainable and convenient manner with great design. With their proprietary technology, BE WTR is well-positioned to reduce the dependency on plastic water bottles in the hospitality industry and beyond. We are truly excited to be an active participant in reshaping the water industry.”
PeakBridge is a core member of EIT Food and Edmond de Rothschild Private Equity partner. For more information visit https://peakbridge.vc/
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