What is Open Water?
Open Water distinguishes itself by offering aluminum-based, ocean-friendly bottled water, available in both still and sparkling varieties. The company is deeply committed to sustainability, focusing on minimizing its carbon footprint through local sourcing and actively contributing to ocean conservation via its Sea Change Grants initiative. By championing a post-plastic future, Open Water provides environmentally conscious consumers with a responsibly sourced and highly recyclable beverage option, aiming to eliminate plastic waste from the industry.
How much funding has Open Water raised?
Open Water has raised a total of $100K across 1 funding round:
Debt
$100K
Debt (2021): $100K with participation from PPP
Key Investors in Open Water
PPP
Public-Private Partnership
What's next for Open Water?
With its recent large-scale late-stage funding, Open Water is strategically positioned for accelerated growth and market penetration. The substantial capital infusion, particularly the major strategic investment, will likely be directed towards scaling production, expanding distribution channels, and enhancing its sustainability initiatives. This backing signals strong investor confidence in Open Water's mission to disrupt the bottled water industry and its potential to lead the transition towards more sustainable packaging solutions.
See full Open Water company page
