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Hydraloop Raises €10.5 Million for International Growth We're proud to announce that Hydraloop has made a significant step in its Series-B funding round of €13.5 million, raising €10.5 million to date. The funding will be used for the international rollout of our innovative greywater recycling systems, which enable a 25-45% saving on drinking and wastewater. Impact investors Invest-NL and NV NOM as well as proptech investor AMAVI Capital have participated in this round. “We are proud that Invest-NL has become a shareholder of Hydraloop,” says Arthur Valkieser, co-founder and CEO of Hydraloop. “It’s time for scaling up and international growth. Worldwide, water scarcity is leading to changes in the way people manage water. Governments are quickly implementing measures to encourage or mandate greywater recycling. For example, in Florida, companies can claim the costs of a water recycler on their taxes. Spain offers a 70% subsidy for hotels and campsites that want to recycle greywater. And in parts of England, a building permit is only granted if there is a water-saving system in the house. In the Netherlands, many new residential areas can only be built if they implement water-saving systems, such as greywater recycling. We foresee that in 10 to 15 years, every new building will have its own water recycler.” Read more: https://lnkd.in/eFGVUQnT