About Mitte Water
Mitte Water is an Environment company based in Berlin (Germany) founded in 2015. Internet-first brand offering water purifier. It operates in the Environment, Consumer, and Retail sectors. 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. Its focus areas include Environment Tech, Water and Wastewater Management Tech, Water Usage and Leak Detection and Smart Products. Its competitors include Cuciniale, Seccua and Beeftec.
Company details
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.
- Headquarters Berlin, Germany
- Employees 103
- SectorsEnvironmentConsumer Retail
- Email••••••••
- Website mitte.co/health.php
- Social X Facebook
- Annual Revenue$2.44 K (USD)81as on Dec 31, 2022
- Net Profit$437.34 (USD)-3as on Dec 31, 2022
- Total Equity Funding$10.6M (USD)
in 4 rounds
- InvestorsKärcher
& 5 more
- Employee Count103
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 $10.6M
- Total Rounds 4
- First Round $10.6M
(Aug 2018)
- Investors Count 6
All 4 funding rounds of Mitte Water with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | Seed | – | Bitburger Ventures | ||
| Dec 2018 | $57,190 | Grant | – | – | |
| Sep 2018 | $58,100 | Grant | – | – | |
| Aug 2018 | $10.6M | Seed | – | Danone Manifesto Ventures, Clay Capital | – |
6 investors in total: 6 institutional.
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 |
|---|---|---|---|---|
Food industry startups are funded by Danone Manifesto Ventures. | danoneventures.com | New York, United States | ||
Venture capital investments are provided to innovative, sustainable startups. | bitburger-ventures.de | Bitburg, Germany | ||
Venture capital is deployed into agrifood tech startups. | 2014 | claycapital.vc | London, United Kingdom | |
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Home and garden appliances are manufactured by Karcher. | 1935 | kaercher.com | Winnenden, Germany | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Mitte Water
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People of Mitte Water
3 people are tracked at Mitte Water (3 in leadership); the tracked headcount is 103.
| Name | Role | Group |
|---|---|---|
Moritz Waldstein | CEO | Leadership |
Katrin Voss | Chief Product Officer | Leadership |
Stefan Marcus Neuber | Chief Technology & Operating Officer | Leadership |
Complete people profiles for Mitte Water
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Timeline of Mitte Water
3 dated milestones of Mitte Water across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mitte Water is founded.
- Funding First funding round of $10.6M.
- Funding Latest funding round, Seed,.
Competitors of Mitte Water
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cuciniale.com | 2012 | Lindau, Germany | Provider of intelligent cooktop system to assist in cooking | |||
| seccua.com | 2004 | Marktoberdorf, Germany | 9 | Ultrafiltration technology solutions for water filtration are provided. | ||
| beeftec.de | 2015 | Aschaffenburg, Germany | Sells premium high-temperature grills online with customer service and free shipping options. |
Detailed competitors of Mitte Water
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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 Seed of $10.6M, raised on Aug 2018.
Mitte Water has 103 employees.
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.