Published on October 7, 2024 at 5:24 p.m. / Modified on October 7, 2024 at 6:02 p.m.
BE WTR (pronounced Be Water) continues its expansion. The young Vaud company announced on Monday the closing of its Series C financing round of 39 million francs. The investment was led by Convent Capital, a Dutch agribusiness growth fund. New and existing investors participated in the deal, including foodtech venture capital firm PeakBridge, a longtime backer of HHT, the holding company of Mike Hecker, founder, chief executive and major shareholder of BE WTR.
The start-up plans to use the funds to strengthen its activities in Switzerland and internationally, as well as for its launch in the Chinese and North American markets. It also intends to invest in research and development and consolidate its portfolio of water solutions.
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