Owatec Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 20

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $17.3M

Owatec General Information

Description

Provider of industrial wastewater and sludge treatment service intended to bring forth alternatives for water and waste. The company offers products including electrochemical water treatment devices, electrochemical flotation machines, electrocoagulation, spectrophotometry, magnetic separators, and other related products to help in lowering water and chemical consumption and improve the quality of the water, enhance the industrial water treatment process and the water chemistry within the process, enabling clients to solve the water treatment problems at low cost.

Contact Information

Website
www.owatec.fi
Formerly Known As
Oulu Water Alliance
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Rytiniementie 1
  • 91910 Tupos
  • Finland
+358 040
Primary Industry
Environmental Services (B2B)
Other Industries
Other Commercial Products
Parent Company
Vertical(s)
Corporate Office
  • Rytiniementie 1
  • 91910 Tupos
  • Finland
+358 040

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Owatec Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 03-Apr-2024 $17.3M Completed Generating Revenue
1. Later Stage VC (Series 2) 19-May-2021 Completed Generating Revenue
To view Owatec’s complete valuation and funding history, request access »

Owatec Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
B Share
To view Owatec’s complete cap table history, request access »

Owatec Patents

Owatec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4667421-A1 Chemical water treatment method and an apparatus used in the method Pending 20-Jun-2024
EP-4624428-A1 Apparatus and method for treating wastewater Inactive 25-Mar-2024
EP-4624427-A1 Bioreactor and method for treating wastewater in a bioreactor Inactive 25-Mar-2024
EP-4621081-A1 A method for recovering manganese from a depleted leach dispersion, and use of a depleted leach dispersion Inactive 22-Mar-2024
EP-4575079-A1 Method and device for recovering cellulose fibers from industrial wastewater Pending 22-Dec-2023 C02F1/24
To view Owatec’s complete patent history, request access »

Owatec Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Owatec Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
EIT RawMaterials Venture Capital Minority
Nordic Option Venture Capital Minority
To view Owatec’s complete investors history, request access »

Owatec Acquisitions (1)

Owatec’s most recent deal was a Merger/Acquisition with Owatec Service. The deal was made on 01-Feb-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Owatec Service 01-Feb-2024 Merger/Acquisition Other Commercial Services
To view Owatec’s complete acquisitions history, request access »

Owatec FAQs

  • When was Owatec founded?

    Owatec was founded in 2013.

  • Where is Owatec headquartered?

    Owatec is headquartered in Tupos, Finland.

  • What is the size of Owatec?

    Owatec has 20 total employees.

  • What industry is Owatec in?

    Owatec’s primary industry is Environmental Services (B2B).

  • Is Owatec a private or public company?

    Owatec is a Private company.

  • What is the current valuation of Owatec?

    The current valuation of Owatec is .

  • What is Owatec’s current revenue?

    The current revenue for Owatec is .

  • How much funding has Owatec raised over time?

    Owatec has raised $1.21M.

  • Who are Owatec’s investors?

    EIT RawMaterials and Nordic Option have invested in Owatec.

  • When was Owatec acquired?

    Owatec was acquired on 03-Apr-2024.

  • Who acquired Owatec?

    Owatec was acquired by Sulzer.

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