Share
100% funded by 300 investors
instalment
monthly
term
3 years
yearly interest
5.65%
risk rating
C+
Aroundinspire has developed AQVA MORE®, a technological system, intuitive and easy to install in any house or apartment to save considerable amounts of water. The device prevents cold water from being released when you open the hot water tap, making sure water runs only when it reaches the desired temperature. This is possible because the system retains the cold water, that would otherwise be wasted, in the pipes. In a four-person household, Aqva More can avoid wasting about 20.000 liters of water per year.
After a successful first campaign, which raised 15.000€ at the beginning of March 2022, to finance mold purchase and produce units for sale, Aroundinspire was able to secure the sales of 44 devices in just four weeks.
The funds to be raised in this campaign will be used to continue investing in the production of Aqva More devices.
Aqva More is a Portuguese product that adds value to Smart Cities by contributing to urban water efficiency in residential, service, and industrial areas. Its main objective is to lower the per capita consumption of potable water, acting directly on waste in hot water taps, optimizing the distribution infrastructure of domestic hot water. Aqvamore makes it possible to reduce daily waste in a simple way by valuing water as a vital resource for environmental sustainability and life quality of future generations.
In Portugal, it is estimated that 100,000 m3 of water is wasted daily due to hot water consumption alone. This technology might allow all of us to fight this effortlessly, avoiding waste (and scarcity). Additionally, it is relevant to consider the reduction of the economic, ecological, and social cost of the water distribution system and subsequent water treatment (water lost during the heating process is drinking water).
Aqva More's mission is "to change the drinking water consumption paradigm through information on consumption, savings, and the Water&Energy nexus". When you turn on the tap to take a shower, wash the dishes or access hot water, avoid wasting all the cold potable water that is normally lost.
See how in the video below:
Direct
Indirect
Aroundinspire intends to repay its investors through Aqva More sales.
Given the current water stress issues, there is a huge opportunity for water-saving solutions. With the development of Aqva More, the company responsible for the product plans to become an important player in the market for solutions.
In recent months Aroundinspire has been met with positive feedback and hundreds of interested parties which has translated into sales during February and the coming months. There are also several platforms interested in promoting the sale of Aqva More and, in addition to direct sales channels, the company has developed partnerships with installers in order to create a B2B pipeline.
Also, with the increased international tension in the energy sector and the increase in the price of natural gas, Aqva More has positioned itself as a very strong product to be used along with solar panels, to save on the consumption of natural gas.
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Shareholders pledge
Aroundinspire is a Portuguese company founded in 2017, aiming to develop and commercially explore the AQVA MORE® solution for Water Efficiency in Buildings. The company's headquarters are in Taguspark and it currently employs 4 people.
Despite having several ongoing projects related to water efficiency, the promotor's main focus is the production and sale of its product Aqva More, a technological system, intuitive and easy to install in any home, which allows considerable water savings. Aqva More can avoid wasting thousands of liters of water, per year, in each household, by preventing the release of water from the tap until it has reached the desired temperature.
With Aqva More Aroundinspire, has already received several awards linked to its water-saving solution mission:
Meet the team:
João Guerreiro
Founder, manager. and creator of the Aqva More system.
João Rosa
Partner, civil engineer, entrepreneur in real estate, industry, and smart cities.
Aroundinspire develops, manufactures and markets water-saving solutions.
Aqva More will be distributed in two major market segments:
(For both segments there are already a pre-order list and waiting list)
Main sources of revenue for the company:
Aqva More is a highly competitive product, that consumes less energy than hot water circulators, which are considered its main competition. The product is small, can be installed without any structural intervention, and counts the water that is saved. The company considers itself an important player in the market for its state of development, functionality, versatility, quality, and price.
Active since
2017
Fiscal country
PT
Operating In
"Europe"
Industry
Aquaculture
Number of Goparity Loans
2
Women Shareholders
No
Website
www.aqvamore.com2022-05-09
First instalment was paid to all the investors
2022-04-03
300 investors successfully raised 15.000€
2022-03-31
This campaign is open for investment