Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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BE WTR, a Swiss company focused on sustainable water solutions, has raised CHF 39 million (approx $45.5 million) in a Series C funding round.
Convent Capital, a Dutch agri-food growth equity fund, led the round, with participation from PeakBridge’s Growth 2 Fund, Edmond de Rothschild Direct Investments, HHT and other private investors.
This funding will help BE WTR's mission to offer eco-friendly, premium water solutions, ensuring access to high-quality drinking water while minimising single-use packaging and plastics. The company is actively involved in water purification, distribution and sustainability, aiming to redefine water consumption in residential, commercial and hospitality sectors.
The capital will also support the company’s entry into the Chinese and North American markets, as well as investments in R&D and product development. BE WTR’s approach offers a sustainable alternative to traditional bottled water, providing filtered water in glass bottles at the point of consumption.
BE WTR's CEO, Mike Hecker, said: “This funding round enables us to scale our circular bottling plants operations across Europe, Middle East, North America and Asia and expand our product offerings, driving further innovation in the water industry.”
Dirk Hoorn, founding partner of Convent Capital, added: “We believe BE WTR is uniquely positioned to address some of the critical challenges around sustainability and water consumption. Their vision aligns with our goal of supporting businesses that create lasting value for society and the environment."
#BEWTR #watersolutions