# Nexus eWater

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexus-ewater

- Industry: Power & Utilities
- Headquarters: Canberra, Australia
- Website: www.nexusewater.com
- Total disclosed funding: $2.1M
- Latest round: Series A (Mar 5, 2015)
- Investors on record: 3

## About

Nexus eWater develops innovative water purification and filtration systems that ensure safe drinking water, addressing water quality issues for both residential and commercial users.Nexus eWater specializes in creating advanced water purification solutions. Founded in 2000 in Canberra, Australia, the company has undergone significant development since its inception. Craig Richmond, the CEO and founder, has a history of entrepreneurship. In March 2015, Nexus eWater raised USD 2.1 million in a Series A funding round, co-led by QuestMark Partners, with participation from ANU Connect Ventures and Sydney Angels. The total amount raised by the company stands at USD 2.1 million, as the Series A round represents the sole funding acquired to date.Nexus eWater specializes in the development of innovative water purification and filtration systems, addressing a variety of water quality issues. Their core products focus on advanced filtration technologies that remove contaminants, ensuring access to safe drinking water for both residential and commercial users. The systems are user-friendly, enabling customers to maintain optimal water quality with minimal effort. Their solutions are particularly relevant in regions facing water scarcity or contamination concerns, serving markets in North America and select areas in Europe where environmental regulations are stringent. The company's client base includes households, hospitality businesses, and organizations in the food and beverage industry, contributing to public health and sustainability efforts.Nexus eWater generates revenue through direct-to-consumer sales and partnerships with retailers and distributors. The transaction model primarily revolves around the sale of its flagship water purification systems, complemented by ongoing subscription services for filter replacements and maintenance. Customers can choose from various pricing plans tailored to their needs, ensuring affordability while maintaining high standards of water safety. These plans typically include options for both single purchases and long-term subscription agreements, fostering long-term relationships with clients and encouraging repeat business through reliable product performance and dedicated customer support.Nexus eWater plans to utilize the USD 2.1 million raised in the Series A funding round from March 2015 to enhance its product offerings and expand market reach. The company is currently designing new water purification products aimed at meeting the increasing demand for effective filtration solutions, with plans to launch them by the end of 2023. Additionally, Nexus eWater is targeting expansion into select European markets and Asia-Pacific regions by 2025, focusing on areas with significant water quality challenges.

## Funding rounds

- Series A, Mar 5, 2015, $2.1M — Questmark Management Company, ANU Connect Ventures, Sydney Angels

## Investors

- Questmark Management Company (https://capitalatlas.ai/funds/questmark-management-company) — Series A
- ANU Connect Ventures (https://capitalatlas.ai/funds/anu-connect-ventures) — Series A
- Sydney Angels (https://capitalatlas.ai/funds/sydney-angels) — Series A