Watermeln

We make diesel generators obsolete with our hydrogen power generator. This is the most sustainable solution for construction, events and shore power sectors that have no (or limited) grid capacity.

Basic details

Amount raising

€

300K

Country

Netherlands

Industry

Climate,Energy,Industry

Website

https://www.watermeln.nl

Founders

Last updated:

November 21, 2022

Key Achievements

- Partnership with Accenda BV for development and production of our hydrogen generators- We have co developed and produced the Watermeln mini 6 kW (demo unit) together with our partner- 3 successful demo's conducted in 2022- Subsidy MIT samenwerking requested (outcome pending)
- 1M raised for asset funding (3 commercial 200 kW units)- 8 interested pilot customers for the commercial units- soft commitment from Revolution / DGTL (part of ID&T) for renting all of our commercial systems in. (hard commitment in progress)

Premium Details Available

Growth rate (month over month)
Growth rate (month over month)
Monthly Revenue Range
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€1 - €1K

Growth rate month over month

Monthly revenue context

Currently we make some revenue from demo projects with our Watermeln Mini, this funding round is meant for raising money for the development and production of 3 200 kW commercial units.

Number of paying customers

Monthly active users

How much have you raised in the past?

Do you have a lead investor?

yes

How much of this round already committed?

€25K

When are you aiming to close this round?

end of this year

Patent status

Trademark on brand (filled, pending), Model rights (shared with partner, not filled)

Year founded

2020

How much time do the founders spend on the business?

70-89%

Is there a founder with previous co-founder / c-level at startup experience?

Yes

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

80-99% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

Graduation year from EUR, Erasmus MC or TUDelft

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