Tunisian Startup Kumulus Raises USD 970 K Pre-Seed Funding

Kumulus, a Tunisian startup that extracts drinking water directly from the air, has successfully closed a €1 million (USD 970 K) pre-seed funding round to improve its product further and even deliver its first pre-ordered copies. Several institutional investors participated in the round, including Paris Techstars Accelerator, Flat6Labs, WILCO and Bpifrance, and business angels.

Kumulus builds thermal machines that are capable of producing several litres of drinking water per day. The company only makes use of solar energy and humidity and uses data gathered through IoT as input for predictive algorithms, which then work to improve water output and energy efficiency. Filtration and mineralization components are included in the system.