MItte

Regulation Crowdfunding offering on Republic (OpenDeal Portal)

$31,200

of $100,000 goal

31.2% funded

About the offering

Mitte is the first-of-its-kind smart home water system that purifies and enhances water through a process inspired by the natural water cycle. In 2015, our Co-Founder and CTO Faebian Bastiman explored methods of water purification and mineralization as a side project to his university career. Inspired by the natural water cycle, he replicated the process in a machine. Two years later, that idea became the beautiful Mitte you see today. The insatiable demand for bottled water is a huge problem. The world spends over $200B on bottled water every year. These figures are ever-growing. A million plastic bottles are bought every minute, and that number will jump another 20% by 2021. The consequence of plastic pollution ultimately finds its way back to us through our food chain. More than 80% of these bottles end up in our natural system, contributing to an environmental crisis that will soon be as serious as climate change. The Guardian recently published an article on the widespread contamination of microplastics in our tap water. These microplastics remain in the body for years with unknown consequences. Mitte replaces bottled water and reduces plastic waste, water waste, and carbon dioxide emissions. Users can create healthy water, pure and personalized with different minerals at home.

FAQ

How much has MItte raised?

MItte has raised $31,200 of a $100,000 goal.

Where is MItte's campaign listed?

The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.

What are the terms of MItte's raise?

Revenue Share, 60-month term.

When does MItte's offering close?

The stated close date is Mar 7, 2019.