What is Orbital Systems?
Orbital Systems is at the forefront of developing and implementing water-saving technologies designed to enhance quality of life while drastically reducing water and energy consumption. Their product line includes pioneering innovations such as the world's first circular shower and an intuitive tap system. By targeting environmentally conscious consumers and businesses, Orbital Systems champions guilt-free water usage and promotes sustainable living. Their overarching vision is to lead in smart water management, addressing global water scarcity challenges through advanced design and cutting-edge technology. The company's focus on sustainability and efficiency positions it as a key player in the green technology market.
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, K2A Knaust & Andersson Fastigheter, Vatio Energy, Stena, and Polar Growth
Key Investors in Orbital Systems
Rosengu00e5rd Invest AB
Rosengu00e5rd Invest AB is an investment company founded by prominent Swedish entrepreneurs Greg Dingizian and Ljubo Mrnjavac, aimed at supporting entrepreneurs with foreign backgrounds in developing their businesses in Sweden. They seek passionate entrepreneurs eager to enhance their companies' value.
M2 Asset Management
M2 Asset Management AB is a public investment company focused on real estate, aiming to create long-term growth by owning, managing, and developing properties in Sweden. They invest primarily in commercial properties, logistics, and residential developments.
K2A Knaust & Andersson Fastigheter
K2A Knaust & Andersson Fastigheter AB operates in the Real Estate industry, focusing on property development and management. The company is headquartered in Stockholm, Sweden.
What's next for Orbital Systems?
With the recent major strategic investment, Orbital Systems is poised for significant expansion. The enterprise-level funding suggests a focus on scaling operations, enhancing product development, and potentially entering new markets. This backing will likely enable the company to further its mission of smart water management and sustainable living solutions. Future developments may include broader adoption of their technologies in both residential and commercial sectors, as well as continued innovation in water and energy conservation. The company's trajectory indicates a strong commitment to addressing environmental concerns through technological advancement.
See full Orbital Systems company page
