BGF has backed the water technology provider with new funding to accelerate product development and overseas expansion.
"In 2019, we set out on a mission to become water industry innovators by blending technology and engineering to drive down water loss and protect the environment."
The investment was facilitated by FundMyPitch to help fund product development and the shift to an open fitness ecosystem.
"Opening up Apex so it works with any Bluetooth-enabled bike is a pivotal step, it makes the experience far more accessible and unlocks a much bigger market. FundMyPitch were instrumental in closing this round, they made high-quality introductions quickly, kept momentum throughout, and helped us get the raise over the line."
The seed round was led by Lakestar to accelerate development and international deployment.
"Everything around us is manufactured, from the mug on your desk to the optical cables carrying our Netflix binges. Everyone talks about the glamorous side of manufacturing: generative design, material discovery, digital twins, but few spend time on the factory floor. The hard part isn’t dreaming things up inside a computer; it’s making them work at scale. Manufacturing still runs on human know-how, the kind that lets someone on the line kick a machine just right, or run a finger over a scratch, and say, ‘that’s thirty-four microns wide.’ We’re using AI to capture and scale that tacit knowledge, so engineers can design things that actually work in the real world. It’s time to manufacture the impossible."