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MistAndClean SIGNED

Upscaling production and adding new product lines to the unique and patented water-to-mist technology that reduces water use by 98% without loss of functionality and keeping a high user experience

Total Cost €

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EC-Contrib. €

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Partnership

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 MistAndClean project word cloud

Explore the words cloud of the MistAndClean project. It provides you a very rough idea of what is the project "MistAndClean" about.

crisis    wwf    mist    something    restaurant    spent    62m    tam    commercialization    market    nearly    seeking    washing    carbon    bathrooms    share    alone    speed    mode    beautiful    first    showerhead    world    maintaining    knows    total    versatile    put    patented    altered    dense    savings    addressable    units    nozzle    completion    retailers    grow    sales    components    clean    faucet    population    gushing    thanks    kitchens    budget    household    5m    secured    unilever    ikea    option    successful    18m    switch    durable    campaign    kickstarter    fixed    endorsement    full    60k    innovative    radical    version    taps    million    public    energy    setting    global    showerheads    companies    segment    flow    corporates    fitting    transforms    distributors    water    98    conservation    company    tap    saving    emissions    airport    cheaper    types    turning    spray    stage    83b    time    basic    leaders    viral    hotel    plastic    video    space    offset    live    budgets    2023    mere    revenue    half    views   

Project "MistAndClean" data sheet

The following table provides information about the project.

Coordinator
ALTERED STOCKHOLM AB 

Organization address
address: NYBROGATAN 8 C/O ALMA
city: STOCKHOLM
postcode: 114 34
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Sweden [SE]
 Project website https://www.alteredcompany.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-03-01   to  2019-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ALTERED STOCKHOLM AB SE (STOCKHOLM) coordinator 50˙000.00

Map

 Project objective

By 2023, about half of the world’s population will live in areas without enough water for basic needs. Altered is making water saving as easy as possible with a full range of water-saving products for all types of water use and all budgets. For our first development we have spent nearly €1.5M to bring to the market a radical technology: a patented nozzle that transforms a gushing flow into a dense, high-speed mist using up to 98% less water than existing taps, while maintaining the same washing experience with the option to switch to spray mode for a higher flow when needed. We are working together with distributors and retailers to offer something different from traditional companies by turning components no one knows about, into beautiful, easy to use, durable, versatile products fitting for every budget and every tap. Thanks to a viral Kickstarter campaign video with over 50 million views we have secured the sales of our first 60K units, our first partnerships with large corporates like Ikea and Unilever and an endorsement from WWF which have set us on our way to help solve the global water crisis, contribute to energy savings and offset carbon emissions. We are seeking €1.62M for Mist&Clean, making the way for three new developments based on our current technology: 1) a cheaper, plastic version of our current devices 2) a fixed faucet for new bathrooms and kitchens and 3) showerheads so that our innovative water saving technology can be put to use in every household, hotel, restaurant, airport and public space. The successful completion of Mist&Clean will allow us to grow our share of the faucet market and tap into the showerhead segment for the first time, a total addressable market (TAM) in the EU alone of 1.83B units. A mere year after the commercialization of these new developments, we expect that they will contribute over €18M in revenue to Altered, setting the stage for our company to be leaders in water conservation.

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The information about "MISTANDCLEAN" are provided by the European Opendata Portal: CORDIS opendata.

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