BE WTR, the Swiss-based company focused on providing sustainable water solutions, has successfully closed its US $45.5/€41.5 million Series C funding round. This significant investment was led by Convent Capital, a Dutch Agri-Food growth equity fund, with strong follow-on participation from PeakBridge, a prominent FoodTech investor, along with Edmond de Rothschild Direct Investments, HHT (the holding company of BE WTR’s founder Mike Hecker), and other private investors.
The funding round represents a crucial milestone for BE WTR as it seeks to further expand its innovative approach to water consumption. With a vision to reduce reliance on single-use plastics and bottled water, BE WTR aims to provide eco-friendly, premium drinking water solutions across multiple sectors. This new investment will play a pivotal role in helping the company grow its operations globally, particularly across Europe, the Middle East, North America, and Asia.
Expanding a Mission for Sustainable Water Solutions
At its core, BE WTR is committed to addressing environmental challenges associated with water consumption, particularly the widespread use of single-use plastic bottles. The company’s approach focuses on a circular economy model, where high-quality, filtered water is bottled on-site in reusable glass bottles. This system significantly reduces plastic waste and the carbon footprint associated with the traditional bottled water supply chain.
CEO and Founder Mike Hecker highlights the importance of this funding in achieving the company’s mission:
“We are thrilled to welcome Convent Capital Agri-Food Fund as a new partner in our journey. This funding round enables us to scale our circular bottling plants operations across Europe, the Middle East, North America, and Asia and expand our product offerings, driving further innovation in the water industry. We are also grateful for the continued trust and support from PeakBridge, who have been instrumental in our growth to date.”
Investors Committed to Sustainability
The participation of Convent Capital, known for its focus on impact-driven businesses, aligns with BE WTR’s sustainability goals. According to Dirk Hoorn, CEO and Founder of Convent Capital, their decision to invest reflects a shared vision of tackling environmental challenges:
“We believe BE WTR is uniquely positioned to address some of the critical challenges around the logistics, waste, and health implications of water consumption. Their vision aligns with our goal of supporting businesses that create lasting value for society and the environment.”
This sentiment is echoed by PeakBridge, a long-term supporter of BE WTR, who also participated in the Series C round. Erich Sieber, Managing Partner at PeakBridge, reaffirmed their commitment to the company:
“Our investments focus on industries where sustainability, innovation, and impact meet. We are proud to renew our commitment to BE WTR, a company disrupting the bottled water industry and democratizing water consumption with a proven business model. By eliminating the need for bottled water and offering sustainable alternatives, BE WTR is setting new global benchmarks for environmental change.”
Scaling for Global Impact
With the new capital, BE WTR plans to focus on scaling its operations and expanding into new markets, including China and North America. In addition to geographical expansion, the company will invest in research and development to refine its products and services further. BE WTR’s innovative water filtration systems, paired with its stylish glass bottles, have made it a desirable option for residential, commercial, and hospitality sectors that seek high-quality drinking water with minimal environmental impact.
This funding also enables the company to solidify its market presence in Switzerland while expanding its international reach. By prioritizing sustainability in water consumption, BE WTR has emerged as a leader in providing solutions that benefit both people and the planet. The company’s emphasis on local production and distribution, along with the reuse of elegant, designed glass bottles, is helping to reduce global dependence on single-use plastics.
Looking Ahead: Redefining Water Consumption
As BE WTR continues to grow, the company is setting a new standard for water consumption. Through its commitment to sustainability, innovation, and environmental stewardship, BE WTR is positioned to make a lasting impact on the way water is consumed globally.
The Series C funding round marks a critical step in the company’s journey towards transforming water consumption. With strong backing from investors committed to sustainable business practices, BE WTR will continue to expand its mission of reducing plastic waste and providing premium, eco-friendly water solutions to more markets around the world. As the company enters its next phase of growth, it remains focused on driving change in an industry in dire need of transformation.
The successful closing of BE WTR’s $45,5+ million Series C funding round reflects a growing recognition of the company’s innovative approach to water consumption. With support from impact-driven investors like Convent Capital and PeakBridge, BE WTR is well-positioned to continue revolutionizing the water industry. Its circular bottling model, emphasis on sustainability, and plans for international expansion demonstrate the potential for meaningful environmental change, one glass bottle at a time. As the demand for eco-friendly solutions grows, BE WTR is leading the way in reshaping how water is consumed, distributed, and enjoyed globally.
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