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Wisewell, The New Sustainability-Driven Clean Water Technology Company, Announces $2M In Pre-Seed Funding

Apr 06, 2022•over 3 years ago

Amount Raised

$2 Million

Round Type

pre-seed

Brooklyn

Description

Wisewell, the sustainability-driven clean water technology company developing high quality, easily accessible drinking water solutions, announced the close of its $2M pre-seed funding round today bringing total funding to $2.6M to date. The round was led by BECO Capital, the MENA region's leading early-stage venture capital fund that backs early-stage tech entrepreneurs across a wide range of sectors who are tackling massive white spaces, building robust technology, and driving the evolution of the ecosystem in the MENA region. BECO has invested in 30+ startups, including all three of the MENA region's unicorns. This new funding helps position the company as a leader in the sustainable technology industry as it prepares to launch its revolutionary first product next week.

Company Information

Company

Wisewell

Location

Brooklyn, New York, United States

About

Wisewell is a sustainability-driven clean water technology company that is revolutionizing the way water is consumed. Its debut product is the sleekly designed Wisewell, an installation-free machine that transforms tap water into high-quality drinking water that rivals the best brands in taste at less than a third the cost per liter. Wisewell's proprietary four-step Full Spectrum Filtration process effectively removes most known contaminants, including forever chemicals (PFAS) and microplastics, before remineralizing the water for great taste and optimal hydration. Wisewell's secret weapon is its app, which monitors users' tap water quality as well as the state of their filters, automatically ordering replacements and sending a notification when it's time to change them. The app also shows users how much money they've saved on bottled water and calculates their improved carbon footprint. A Wisewell costs $699 per unit, plus $180 for an annual subscription for filters. Wisewell is committed to providing the cleanest and most delicious drinking water in the most convenient way. Visit www.wisewell.com for more information.

FundzWatch™ Score

73
Medium Activity

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