Latest news with #Spadel


Biz Bahrain
7 days ago
- Business
- Biz Bahrain
Kumulus Water Raises $3.5M to Redefine Clean Water Access with Off-Grid Tech in MENA and Europe
Kumulus Water, the WaterTech startup transforming air into clean drinking water, has successfully raised $3.5 million in seed funding. The round was led by Bpifrance via France 2030 SGPI and the Île-de-France Region, and included participation from other international regional and investors, such as Plus VC, MENA's most active VC, Khalys Venture, Flat6Labs, Europe's leading bottled water group Spadel, and several family offices and founders from Europe and North Africa. This strategic investment marks a major step in Kumulus' mission to provide decentralized, sustainable drinking water in regions facing water scarcity or lacking reliable infrastructure. Founded in 2021 by Iheb Triki and Mohamed Ali Abid, Kumulus designs and manufactures atmospheric water generators that extract safe drinking water from air humidity, without requiring any existing water or electricity infrastructure. The company's systems are currently in use in schools, hotels, and remote communities across Europe, Africa, and the Middle East. 'We're deeply grateful to our existing and new investors for their trust and continued support,' said Iheb Triki, CEO and Co-founder of Kumulus Water. 'Their involvement is a strong vote of confidence in our technology and our vision. At Kumulus, we believe access to clean drinking water should not depend on existing infrastructure. With this funding, we're taking a major step toward making clean water accessible, sustainable, and decentralized—especially for the communities that need it most.' With this new funding, Kumulus will launch the Kumulus Boks, a new line of industrial-grade, cutting-edge Atmospheric Water Generators (AWG), that provide clean drinking water directly from air humidity, while scaling operations in Tunisia, France, Spain and preparing market entry into Saudi Arabia. Commenting on the fundraising announcement, Hasan Haider, Founder and Managing Partner at +VC said: 'Kumulus is building a scalable, climate-resilient solution to one of the most critical regional and global challenges-access to clean drinking water. At +VC, we invest in founders who are not only mission-driven, solving real-world problems but also executing with commercially scalable solutions. Kumulus fits that profile and is well-positioned for both regional and global growth. We're excited to support their journey as they scale meaningful impact, making them stand out in the climate-tech space.' 'We believe the world needs complementary solutions to address the growing challenge of drinking water scarcity,' added Clément Yvorra, Global Business Development Manager at Spadel. 'What convinced us is Kumulus' ability to produce water locally, without packaging or transportation, offering a truly sustainable alternative.' 'This funding allows us to scale not just production, but impact,' said Mohamed Ali Abid, Co-founder and CTO of Kumulus Water. 'We have spent the past few years refining a technology that can operate reliably in some of the harshest and most water-stressed environments. Now, we are ready to deploy it at scale and bring truly off-grid, sustainable water access to more communities across the region and beyond.' As climate change intensifies and water scarcity deepens, Kumulus offers a resilient, infrastructure-free solution that delivers safe drinking water to even the most remote and arid regions, building not just machines, but long-term climate resilience and empowered communities. Kumulus Water is redefining how clean water is delivered—turning air into drinking water without infrastructure, plastic waste, or grid dependency. By deploying off-grid atmospheric water generators, Kumulus provides a sustainable, decentralized solution for communities facing limited or unreliable access to clean water.
Yahoo
24-02-2025
- Business
- Yahoo
Unveiling None And 2 Other Undiscovered Gems With Promising Potential
In a week marked by geopolitical tensions and consumer spending concerns, major U.S. indices experienced declines, with the S&P 500 and Nasdaq Composite both retreating from record highs. Amidst this backdrop of uncertainty and cautious sentiment, investors are increasingly on the lookout for undiscovered gems—stocks that may offer promising potential despite broader market volatility. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Wilson Bank Holding NA 7.87% 8.22% ★★★★★★ Force Motors 8.95% 26.62% 61.62% ★★★★★★ Ovostar Union 0.01% 10.19% 49.85% ★★★★★★ Wuxi Chemical Equipment NA 12.26% -0.74% ★★★★★★ Grade Upon Technology 4.99% 7.57% 67.08% ★★★★★★ Silvery Dragon Prestressed MaterialsLTD Tianjin 31.26% 0.80% 0.71% ★★★★☆☆ Changshu Fengfan Power Equipment 91.61% 6.89% 31.92% ★★★★☆☆ Yukiguni Maitake 126.48% -5.17% -33.78% ★★★★☆☆ Central Cooperative Bank AD 4.88% 37.94% 537.05% ★★★★☆☆ Sichuan Dowell Science and Technology 34.59% 12.97% -14.44% ★★★★☆☆ Click here to see the full list of 4757 stocks from our Undiscovered Gems With Strong Fundamentals screener. Let's dive into some prime choices out of from the screener. Simply Wall St Value Rating: ★★★★★★ Overview: Spadel SA is a company that produces and markets natural mineral water in Belgium, with a market capitalization of €780.27 million. Operations: Spadel generates revenue primarily from its non-alcoholic beverages segment, amounting to €359.03 million. The company's market capitalization stands at €780.27 million. Spadel, a nimble player in the beverage sector, presents an intriguing profile with its debt-free status and impressive earnings growth of 54% over the past year. This growth outpaces the broader industry rate of 5.7%, highlighting its competitive edge. Despite a historical decline in earnings by 5.1% annually over five years, Spadel's high-quality earnings and positive free cash flow underscore its financial health. Trading at roughly 73% below estimated fair value, it seems undervalued, offering potential upside for investors seeking opportunities in this space. Click here and access our complete health analysis report to understand the dynamics of Spadel. Review our historical performance report to gain insights into Spadel's's past performance. Simply Wall St Value Rating: ★★★★★★ Overview: Eris Technology Corporation, with a market cap of NT$11.90 billion, operates as an original design manufacturer offering design, manufacturing, and after-marketing services for diode products. Operations: Eris Technology's revenue streams include contributions from Yea Shin Technology at NT$1.42 billion and Dewei Technology and Jiecheng at NT$1.75 billion. Eris Technology, a nimble player in the semiconductor space, showcases robust financial health. Its debt to equity ratio has impressively decreased from 100.2% to 46.5% over five years, indicating prudent financial management. The company's earnings growth of 13.1% outpaced the industry average of 5.9%, reflecting its competitive edge and operational efficiency. With a price-to-earnings ratio of 28.9x below the industry norm of 30.4x, Eris seems attractively valued for those seeking opportunities in this sector. Additionally, its net debt to equity ratio at 15.8% is satisfactory, ensuring stability amidst market fluctuations while maintaining high-quality earnings throughout recent periods. Take a closer look at Eris Technology's potential here in our health report. Learn about Eris Technology's historical performance. Simply Wall St Value Rating: ★★★★★★ Overview: Kindom Development Co., Ltd. is a company that constructs, develops, and sells real estate properties in Taiwan, with a market capitalization of NT$30.05 billion. Operations: Kindom Development generates revenue primarily from its manufacturing and construction segments, with NT$15.39 billion and NT$13.98 billion respectively, while its department store operations contribute NT$1.76 billion. Kindom Development shines with a notable 149% earnings growth over the past year, outpacing the real estate sector's 58%. Trading at a significant 87% below its estimated fair value, it presents an intriguing opportunity. The company's debt to equity ratio has impressively dropped from 196% to 61% in five years, reflecting robust financial health. Recent acquisition of construction land for TWD1.35 billion suggests strategic expansion efforts are underway. With interest payments well covered by EBIT at over 110 times and more cash than total debt, Kindom seems poised for steady growth while maintaining high-quality earnings performance. Delve into the full analysis health report here for a deeper understanding of Kindom Development. Understand Kindom Development's track record by examining our Past report. Gain an insight into the universe of 4757 Undiscovered Gems With Strong Fundamentals by clicking here. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENXTBR:SPA TPEX:3675 and TWSE:2520. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio