Impact Loop reported earlier this week that Lund-based Watersprint, which purifies water with LED light, is raising €3 million (SEK 35 million), in a new share issue, reports Impact Loop. It is the company’s second capital round this year.
Watersprint develops and sells systems for water disinfection using UVC LED light, which knocks out bacteria, viruses, and other microorganisms in water. The company was founded in 2013, has ten employees, and is led by CEO André Carlsson.
Impact Loop reports that the share issue, dated 10 November, values the company at roughly €20 million (around SEK 230 million), and dilutes existing owners by a bit over 15 percent. In March, the company raised just over € 2 million at a valuation of around €18 million, with the capital intended primarily to continue its international expansion and strengthen its presence in priority markets, including the US.
In total, Watersprint has raised around €21 million, according to Impact Loop’s database. In January 2025, the company bought the assets of the bankrupt Canadian company Acuva Technologies for around €2 million, establishing operations in Vancouver and rehiring several former Acuva employees.
The company recently also entered a collaboration with Hydrofors, becoming the supplier of UV disinfection to its emergency water tanks.
You can read more over at Impact Loop: https://impactloop.se/artikel/vattenbolaget-watersprint-fyller-pa-kassan-igen-tar-in-35-miljoner?cb=success
