What is Wayout?
Wayout Water Systems specializes in offering complete, localized drinking water production systems designed to minimize ecological impact. Their core offering revolves around 'Plug-and-Play' solutions that ensure 100% local sourcing, eliminate plastic waste, and deliver scientifically balanced water. Primarily targeting commercial clients, Wayout presents a compelling, cost-effective, and environmentally conscious alternative to traditional water supply chains. With operations based in Stockholm, Sweden, and a showroom in Dubai, UAE, the company is dedicated to fostering a healthier planet through sustainable water practices.
How much funding has Wayout raised?
Wayout has raised a total of $6.5M across 1 funding round:
Series A
$6.5M
Series A (2023): $6.5M with participation from Raiven Capital, Climentum Capital, and Gullspång Re:food
Key Investors in Wayout
Raiven Capital
Raiven Capital is a global early-stage technology venture capital fund that focuses on funding revolutionary founders in AI, IoT, and emerging tech startups. With roots in Silicon Valley, Toronto, and Dubai, the company positions itself as a strategic partner, empowering disruptors with both capital and knowledge.
Climentum Capital
Climentum Capital is a European venture fund that invests in high-impact hard tech companies focused on sustainable growth in energy, industry, and infrastructure. The firm targets early-stage B2B hard tech solutions that address the highest CO2 emitting sectors, aiming to support the sustainable re-industrialization of Europe.
Gullspång Re:food
Re:food is a transatlantic growth equity investor focused on supporting visionary food companies that address global challenges in the food system. They specialize in agrifood investments, partnering with management teams to drive sustainable change and achieve outsized growth.
What's next for Wayout?
The substantial enterprise-level backing Wayout has received, particularly the recent Series A investment, signals a strong market validation and provides the necessary capital for significant expansion. This financing is expected to fuel the scaling of their production capabilities, enhance their technological innovation in water purification and mineral balancing, and broaden their market reach, both geographically and across new commercial sectors. Wayout's commitment to sustainability and local water sourcing positions it favorably to capitalize on increasing global demand for eco-friendly and resource-efficient solutions, potentially leading to further strategic partnerships and market penetration.
See full Wayout company page
