From spare Coca-Cola machine parts to a €4 million funding round: the journey of Belgian startup Dripl
Belgian startup Dripl, a developer of smart water dispensers, has secured €4 million in a funding round to expand its operations across Europe. This investment highlights the growing interest in sustainable and tech-driven solutions within the beverage industry, offering alternatives to traditional bottled drinks in workplaces. The funding will be used to scale up production and expand its presence beyond the Benelux region. The funding round was led by Abacus Investments, with continued support from Spadel, Faraday Venture Partners, and the Meert Family. Dripl’s smart dispensers, designed for workplaces, offer flavored water options without added sugar, aiming to reduce single-use packaging. The company, founded in 2020, has already converted over 500 companies and helped avoid over 15 million single-use packages. This investment reflects a broader trend in Europe towards innovative solutions for hydration and sustainability, mirroring similar investments in the smart dispenser market. Dripl aims to reshape the hydration industry by offering a zero-waste alternative to traditional bottled drinks. This aligns with European digital sovereignty goals by promoting sustainable practices and innovative European companies.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.