By keeping plastic bottles at bay, Wayout raises 6 million euros

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Royebisin22#
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By keeping plastic bottles at bay, Wayout raises 6 million euros

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Stockholm-based water-as-a-service company Wayout has actually raised €6 million in a Series A funding round that will see the company scale up production even further. its container-sized water treatment facility. international expansion strategies and support a sustained recruitment campaign. Wayout's €6m Series A round was led by Copenhagen-based effects fund Climentum Capital, with participation from food tech financier Re:Food and Raiven Capital. Understanding what Wayout's mission is is nothing more than understanding the survival of humanity. With 60 percent of our bodies made up of water, it's a reasonable statement to make that the ideal drinking water should be a human. And while water covers approximately 71% of the Earth's surface, only 3% of the.

Earth's water is fresh water, a mere 0.5% of this fresh water is readily available to the absorption, and the remaining 2.5% is either secured in glaciers, polar ice caps, atmosphere and soil; heavily contaminated; or is too far below the surface of the earth to be mined at an affordable cost. Given these truths, it's no surprise that since 1622, we human beings Pakistan Phone Number List bottled water in one place and transported it, sometimes great distances, to other places. In 1973, when DuPont engineer Nathaniel Wyeth patented polyethylene terephthalate (FAMILY PET) bottles, plastic and water issues began to take their toll. Fast forward to our modern day, and statistics from a semi-distant 2018 study reveals some shocking numbers. Although these figures represent water consumption, let's assume that each household usually consumes about 2 bottles per day.

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This then implies 576 million x 365 = 210 billion bottles annually. This fits pretty well with the quote of a total of 480 billion plastic bottles consumed each year, 50% of which are filled with nothing but drinking water. Breaking this down even further, to produce this amount of plastic, a process that also involves the production of chemicals such as benzene, toluene, styrene and phthalates, 17 million barrels of oil are needed each year. Now also consider that manufacturing and distributing these bottles involves more than 40,000 trucks, not to mention the cargo planes and ships that transfer clean, potable water farther afield. And after that there is this “other” huge body of water(s) all around us that we charmingly describe as the oceans. The one home to the infamous Great Pacific.
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