FloWater just raised $15 million to put bottled water out of business

INSUBCONTINENT EXCLUSIVE:
FloWater, an eight-year-old, Burlingame, Calif.-based company whose reusable water bottle refilling stations produce purified water, has
raised $15 million in its first major round of funding
Bluewater, a Swedish company that sells water purifiers, among other things, led the round.FloWater caters to schools, colleges, fitness
obesity in the U.S., which has been tied in part to the rise of sugary, carbonated beverages; the nearly 40 billion single-use plastic water
used to create and transport bottled water; and the toxins in single-use plastic bottles, including endocrine-disrupting chemicals.It has a
pretty compelling case to make, in short, as other purveyors of refilling stations would surely argue, and which clearly persuaded 13
investors altogether (according to a new SEC filing) to write checks to the company.And it all started with an $18,600 bank loan, according
cold-pressed juice company.Per his LinkedIn, Taubman, says he used that bank loan to launch a pilot refill station, before shaking $125,000
from the Tech Coast Angels and the Hawaii Angels, hired Razgaitis, redesigned the look of its product and, in 2016, raised $2.6 million in
Series A funding.FloWater customers include Google, Airbnb, Specialized Bikes and, somewhat ironically, Red Bull.It says its stations are
now in nearly 50 states.