ORBITAL SYSTEMS is a Swedish clean-tech company that develops a water recycling technology to be used in domestic appliances.
ORBITAL SYSTEMS is an award-winning clean-tech startup in Malmö, Sweden. Founder and CEO, Mehrdad Mahdjoubi, developed the world's most advanced shower system allowing up to 90% water savings and 80% energy savings while increasing comfort and hygiene. Inspired by an academic cooperation project with NASA, the company was launched under the mentorship of Skype’s Founder Niklas Zennström, and is today in a fast-growth stage.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 25, 2022 | Convertable Note | $23M | 2 | — | — | Detail |
Nov 26, 2018 | Debt Financing | €15M | 1 | European Investment Bank | — | Detail |
Jan 30, 2018 | Series Unknown | kr30M | 1 | Sandberg Development | — | Detail |
Apr 12, 2017 | Series B | £15M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
European Investment Bank | Yes | Debt Financing |
Sandberg Development | Yes | Series Unknown |
Vatio | — | Convertable Note |
Formica Ventures | — | Convertable Note |
Stena Ventures | — | Series B |