Raiven Capital, a global early-stage tech venture fund, has invested in Wayout, an IoT-enabled, water purification system that can turn all kinds of source water, even seawater, into drinkable water. Wayout is Raiven’s second European investment.
Founded in 2018 in Stockholm, the company’s container-sized, tech-enabled system is essentially a powered “micro factory” that removes impurities and demineralises groundwater locally, eliminating the need to transport usable water to a faraway destination.
Each sensor-enabled unit, which produces water for 2,000 people per day, is connected to the cloud, providing immediate data on efficiency via a desktop app.
