About Mitte Water
Mitte Water is a company based in Berlin (Germany) founded in 2015. Mitte Water has raised $10.6 million across 4 funding rounds from investors including Kärcher, European Union and Danone Manifesto Ventures. The company has 103 employees as of December 31, 2021. Mitte Water operates in a competitive market with competitors including Cuciniale, Seccua, Beeftec, Willhelm Grill and Klar2O, among others.
- Headquarter Berlin, Germany
- Employees 103 as on 31 Dec, 2021
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Sectors
EnvironmentConsumer Retail
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
$2.44 K (USD)81as on Dec 31, 2022
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Net Profit
$437.34 (USD)-3as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$10.6 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Kärcher
& 5 more
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Employee Count
103
as on Dec 31, 2021
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Funding Insights of Mitte Water
Mitte Water has successfully raised a total of $10.6M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(29 Aug 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Seed - Mitte Water | Valuation | Bitburger Ventures | |
| Dec, 2018 | Amount | Grant - Mitte Water | Valuation |
investors |
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| Sep, 2018 | Amount | Grant - Mitte Water | Valuation |
investors |
Investors in Mitte Water
Mitte Water has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Kärcher, European Union and Danone Manifesto Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Food industry startups are funded by Danone Manifesto Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are provided to innovative, sustainable startups.
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Founded Year | Domain | Location | |
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Venture capital is deployed into agrifood tech startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mitte Water
Financial Statements - Mitte Water
Mitte Water Comparisons
Competitors of Mitte Water
Mitte Water operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuciniale, Seccua, Beeftec, Willhelm Grill and Klar2O, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of intelligent cooktop system to assist in cooking
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| domain | founded_year | HQ Location |
Ultrafiltration technology solutions for water filtration are provided.
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| domain | founded_year | HQ Location |
Sells premium high-temperature grills online with customer service and free shipping options.
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| domain | founded_year | HQ Location |
Smart charcoal grill offering app-based temperature control and monitoring for users.
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| domain | founded_year | HQ Location |
Develops and sells water filters to remove microplastics from drinking water efficiently.
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Frequently Asked Questions about Mitte Water
Mitte Water was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Mitte Water is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Mitte Water is a funded company, having raised a total of $10.6M across 4 funding rounds to date. The company's 1st funding round was a Grant of $58.1K, raised on Aug 29, 2018.
As of Dec 31, 2021, the latest employee count at Mitte Water is 103.
Annual revenue of Mitte Water is $2.44K as on Dec 31, 2022.
Mitte Water was established in 2015 in Berlin, Germany, as an internet-first brand in the water purification sector. A purifier is provided that employs a mineral cartridge made from potassium silicate, main stone, and magnesium oxide to remineralize water. Water quality and cartridge usage are tracked through a smart interactive panel. Operations focus on direct-to-consumer sales via the online domain mitte.co.
Mitte Water has 6 investors. Key investors include Kärcher, European Union, Danone Manifesto Ventures, Simon Capital, and Clay Capital.