What is Orbital Systems?
Orbital Systems is at the forefront of developing innovative water-saving technologies designed to enhance quality of life while drastically reducing water and energy consumption. Their product portfolio includes pioneering solutions such as the world's first circular shower and an intelligent tap system, both engineered for environmentally conscious consumers and businesses. By promoting guilt-free water usage and sustainable living, Orbital Systems is addressing the critical global challenge of water scarcity through advanced design and cutting-edge technology, positioning itself as a leader in smart water management.
How much funding has Orbital Systems raised?
Orbital Systems has raised a total of $49M across 4 funding rounds:
Series A
$5M
Grant
$2.3M
Series B
$18.7M
Other Financing Round
$23M
Series A (2015): $5M with participation from Rosengu00e5rd Invest AB
Grant (2016): $2.3M led by Swedish Energy Agency
Series B (2017): $18.7M, investors not publicly disclosed
Other Financing Round (2022): $23M featuring M2 Asset Management, Stena, Vatio Energy, Polar Growth, and K2A Knaust & Andersson Fastigheter
Key Investors in Orbital Systems
M2 Asset Management
M2 Asset Management AB is a public investment company with a focus on real estate, aiming for long-term growth through property ownership, management, and development in Sweden. They invest in commercial properties, logistics, and residential developments, with a commitment to sustainability and a long-term business perspective.
Stena
Stena AB is a global marine transportation company providing shipping, ferry services, and offshore solutions across Europe, Asia, North America, and Oceania. They operate a diverse fleet and have expanded into digital solutions, maintaining extensive operational infrastructure.
Vatio Energy
Vatio Energy is a leading solar installer in India, specializing in rooftop solar panels and EV chargers, catering to homeowners, businesses, and institutions. They provide tailored energy solutions and educational resources, aiming to simplify the transition to renewable energy.
What's next for Orbital Systems?
The recent major strategic investment in Orbital Systems signals a pivotal phase for the company, likely enabling significant scaling of operations, further research and development into water-saving technologies, and expansion into new markets. This substantial backing, within the context of enterprise-level funding, suggests a focus on solidifying its market leadership and potentially exploring strategic partnerships or acquisitions. Orbital Systems is poised to leverage this capital to amplify its impact on global water conservation efforts and reinforce its commitment to sustainable living through technological innovation.
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