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Orbital Systems
company
About
ORBITAL SYSTEMS is a Swedish clean-tech company that develops a water recycling technology to be used in domestic appliances.
- 51 - 100
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- €15M
- Industries
- Application Performance Management,Information Technology,Renewable Energy
- Founded date
- Jan 1, 2012
- Number Of Employee
- 51 - 100
- Operating Status
- Active
ORBITAL SYSTEMS is an award-winning clean-tech startup in Malmö, Sweden. Founder and CEO, Mehrdad Mahdjoubi, developed the world's most advanced shower system allowing up to 90% water savings and 80% energy savings while increasing comfort and hygiene. Inspired by an academic cooperation project with NASA, the company was launched under the mentorship of Skype’s Founder Niklas Zennström, and is today in a fast-growth stage.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
€15M $23M £15M kr30M
Orbital Systems has raised a total of
€15M $23M £15M kr30M
in funding over 2 rounds. Their latest funding was raised on
Jan 25, 2022 from a Convertable Note round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 25, 2022 | Convertable Note | $23M | 2 | — | — | Detail |
| Nov 26, 2018 | Debt Financing | €15M | 1 |
European Investment Bank
|
— | Detail |
| Jan 30, 2018 | Series Unknown | kr30M | 1 |
Sandberg Development
|
— | Detail |
| Apr 12, 2017 | Series B | £15M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
2
5
Orbital Systems is funded by 5 investors.
European Investment Bank
and Sandberg Development
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
European Investment Bank
|
Yes | Debt Financing |
|
Sandberg Development
|
Yes | Series Unknown |
Vatio
|
— | Convertable Note |
|
|
— | Convertable Note |
|
|
— | Series B |
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