Watersprint raises $3.47M in its second round this year
What's the deal? Watersprint, a Lund-based maker of water-disinfection systems, has raised US$4.23M in an early VC round, its second this year. The November 10 share issue values the Swedish company at roughly €20 million and dilutes existing owners by a bit over 15%.
What does it do? Founded in 2013, Watersprint develops and sells systems that use UVC LED light to kill bacteria, viruses, and other microorganisms in water. The company has 10 employees and is led by chief executive officer André Carlsson.
Why now? This is Watersprint's second capital round in 2026. In March, it raised just over €2 million at a valuation of around €18 million, earmarked for international expansion and priority markets, including the US. In total, the company has raised around €21 million.
What's the endgame? The raise comes alongside a push into North America. Watersprint has opened a Virginia office and added sales staff in Florida and New Hampshire. In January 2025, it bought the assets of bankrupt Canadian specialist Acuva Technologies for around €2 million, establishing operations in Vancouver and rehiring several former employees.
The company also recently became the supplier of UV disinfection for Hydrofors' emergency water tanks.
The signal: Back-to-back rounds point to steady investor appetite for water-treatment technology, as Watersprint pairs fresh growth capital with a concrete expansion and acquisition strategy across Europe and North America.
Read more: oresundstartups.com
Image credit: WaStateGov