Wayout International is a technology company.
Wayout International has raised $6.0M across 1 funding round.
Wayout International has raised $6.0M in total across 1 funding round.
Wayout International has raised $6.0M in total across 1 funding round.
Wayout International's investors include ABB Technology Ventures.
Wayout International is a Swedish cleantech startup founded in 2018 that develops plug-and-play water production systems for local, high-quality drinking water with minimal ecological footprint.[1][2][3][6] It serves commercial clients like businesses seeking sustainable, plastic-free, chem-free, and mineralized water solutions, addressing challenges in water supply, sewage treatment, and environmental management by transforming any source water into safe drinking water.[1][3][4][5] The company has raised $9.97M total, including a $6.52M Series A-II round two years ago, and operates from Stockholm with a Dubai showroom, showing steady growth in the water tech sector.[1][3][6]
Wayout International was established in 2018 in Stockholm, Sweden, focusing on sustainable water production amid rising global water scarcity issues.[1][2][6] While specific founders are not detailed in available sources, the company emerged to tackle climate challenges through local water production, offering systems that are easy to install and economically viable compared to traditional methods.[3][5] Early traction included securing Series A-II funding of $6.52M around 2023, enabling expansion to locations like Dubai's Alserkal Avenue, and partnerships such as with Siemens for advanced automation technologies.[1][4][6]
Wayout rides the global wave of water scarcity exacerbated by climate change, where people in underserved areas spend ~23 minutes daily collecting water—a burden expected to grow with rising temperatures.[4][5] Its timing aligns with cleantech booms in atmospheric water generation and purification (similar to peers like Imhotep's PHANTOR), fueled by market forces like ESG investing and regulatory pushes for sustainable utilities.[1] By enabling local production, Wayout influences the ecosystem through energy-efficient, renewable-integrated solutions, reducing plastic waste and supporting commercial decarbonization in water-stressed regions like the Middle East.[1][4][6]
Wayout is poised for scaling via international expansion (e.g., Dubai foothold) and tech upgrades like AI-optimized purification, capitalizing on $10M+ funding momentum despite a recent Mosaic Score dip signaling market pressures.[1][3][6] Trends like edge computing in cleantech and global water crises will propel growth, potentially evolving its role from niche provider to key player in decentralized water infrastructure. As sustainable water demands intensify, Wayout's local-production model positions it to deliver high-quality, eco-friendly solutions worldwide, transforming commercial water access.
Wayout International has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $6.0M Series A | ABB Technology Ventures |