# Aqua Robur Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aqua-robur-technologies

- Industry: Semiconductors
- Headquarters: Gothenburg, Sweden
- Website: www.aquarobur.se
- Total disclosed funding: $0.8M
- Latest round: Seed (May 2, 2018)
- Investors on record: 2

## About

Aqua Robur Technologies AB develops innovative water management solutions, focusing on optimizing water infrastructure efficiency through specialized products and services.Aqua Robur Technologies AB offers advanced water management solutions. Founded by Erik Lagerström, Martin Holm, and Niklas Wicén, the company is headquartered in Gothenburg, Sweden. In May 2018, Aqua Robur raised SEK 7.2 million in Seed funding from ALMI Invest and Chalmers Ventures, bringing the total amount raised to SEK 7.2 million.Aqua Robur Technologies specializes in comprehensive water management solutions. Their core product offerings include the Fenix Hub system, which integrates hardware and software for real-time monitoring of water distribution, pressure and flow management, sewer overflow monitoring, and groundwater assessment. The products are designed for municipalities and water utilities, allowing for effective leak detection and overflow management. Notably, these solutions function autonomously in areas without electricity or fiber connectivity, catering to rural or underserved locations. The company primarily markets its products in Europe, with a strong presence in Sweden and plans to expand into additional regions.In the most recent fiscal year 2023, Aqua Robur Technologies reported a revenue of SEK 507,982.90, with an EBITDA of SEK -152,400.30. Their revenue model includes direct sales, service agreements, and subscription-based access to their IoT Portal, establishing long-term partnerships with clients such as municipal water utilities and environmental agencies.Aqua Robur Technologies plans to leverage the SEK 7.2 million raised in Seed funding to enhance product development and market expansion efforts. Future initiatives include designing new functionalities for the Fenix Hub system and targeting expansion into more European markets by the end of 2024. The company aims to strengthen its market presence and improve service offerings to new regions, utilizing the funding to support these growth strategies.

## Funding rounds

- Seed, May 2, 2018, $0.8M — Chalmers Ventures, ALMI Invest

## Investors

- Chalmers Ventures (https://capitalatlas.ai/funds/chalmers-ventures) — Seed
- ALMI Invest — Seed