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Malmo company making water-saving shower systems that recycle water for residential and commercial markets.
Founded in 2012 in Malmo, Sweden, by Mehrdad Mahdjoubi, Orbital Systems Ab makes the Orbital Shower and other water-saving systems that recycle water for residential and commercial users in Scandinavia, the United States and parts of Europe. The company has completed 9 funding deals. Its latest venture debt round raised EUR 20.00 mn, bringing total raised to EUR 30.00 mn. Revenue in 2022 was EUR 7,983,778 with EBITDA of EUR -4,732,597.8, and Eastate has provided undisclosed venture funding.
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