Investor Relations

Investor Relations

Zavepower Innovative Technology AB (publ) — Smart spa technology for the European market.

Held25 May 2026

Annual General Meeting 2026Årsstämma 2026 — Zavepower Innovative Technology AB (publ)

Held 25 May 2026 · 18:00 CEST as a digital meeting. Notice published in Dagens Industri on 5 May 2026.

Open NowMay 2026

Share Issuance 2026Nyemission 2026 — Zavepower Innovative Technology AB (publ)

Price10 SEKper share
Valuation67.5MSEK pre-money
Targetmin 1MSEK · 100% to sales

Resolved at AGM 25 May 2026. All proceeds go directly to accelerating European sales.

Company facts

Key figures

CompanyZavepower Innovative Technology AB (publ)
Org. number559354-0858
ListedPublic / Not listed
Founded2021
HQSweden
MarketSpa and Pool in Europe

Investment thesis

Why Zavepower

We are building the dominant connected spa platform in Europe. Our hardware entry point creates a recurring SaaS revenue stream, and our compatibility with 90% of global spa systems gives us an addressable market few competitors can match.

  • 2500+ devices produced, active in 18+ countries
  • 60+ authorized dealers in Europe
  • Up to 80% savings on spa heating costs for end customers
  • Compatible with Balboa BP-Series and Gecko in.ye control systems
  • SaaS revenue model with hardware entry point
  • EUR 80-100M addressable market in DACH alone
80-100MEUR
Addressable market in DACH alone
Up to 80%
Savings on spa heating costs for end customers
18+
Countries with active devices

Revenue streams

Products & pricing

Hardware

Spapilot

495 EUR

Smart spa controller compatible with Balboa and Gecko systems. Plug-and-play, no electrician required.

Hardware

E.W.A.

695 EUR

Real-time water analysis. Monitors pH, ORP and temperature with automatic dosing recommendations.

SaaS

App Subscription

Monthly / Yearly

Recurring software subscription unlocking advanced features, data history and AI-driven automation.

News

Recent updates

May 2026
Capital Raise

Share issuance open — 10 SEK per share, pre-money valuation 67.5 MSEK

Zavepower opens a share issuance resolved at the Annual General Meeting on 25 May 2026. Subscription price 10 SEK per share, representing a pre-money valuation of 67.5 MSEK. Target raise: minimum 1 MSEK. All proceeds go directly to accelerating European sales. Contact investor relations to participate.

May 2026
Product Launch

SpaLink Remote launches end of May — fleet management SaaS for resellers

SpaLink Remote brings the entire reseller spa fleet into a single dashboard — live status, remote diagnostics, customer support and drop-ship Customer Shop. EUR 195 / month per organization, recurring SaaS. First product purpose-built around the connected reseller: fewer service truck-rolls, faster response times, and a new revenue layer on top of every Spapilot sold. Releases end of May 2026.

Apr 2026
Product

App now available in Spanish — dynamic electricity pricing released

Spanish localization opens the Spapilot app to the Spanish market and Spanish-speaking users across Europe and Latin America. Released alongside dynamic electricity pricing — Spapilot now schedules spa heating around hourly spot prices, deepening energy savings in markets with variable tariffs.

Apr 2026
Product

Spapilot now compatible with Gecko in.ye spa systems

Spapilot now supports Gecko in.ye-3 V2/V3, in.ye-5 V2/V3 and in.ye-6 control systems alongside the full Balboa BP-Series range. Released on the App Store and Google Play in April 2026, the Gecko launch opens a substantial share of the European installed base previously outside our addressable market.

Mar 2026
Expansion

Sales agent appointed for the Baltic market

Zavepower has appointed a dedicated sales agent covering Estonia, Latvia and Lithuania. The Baltic appointment expands authorized commercial coverage to a region with growing spa adoption and follows the country partner model established in the U.K.

Jan 2026
Partnerships

Official Zavepower Country Partner in U.K

Jan 2026
Funding

Zavepower awarded AWS Activate startup credits

Zavepower received USD 10,000 in AWS Activate startup credits in January 2026, with the potential to scale up to USD 100,000. The credits support continued migration and scaling of the Zavepower IoT platform on AWS infrastructure.

Dec 2025
Product

App Now Available in German and Polish

Sep 2025
Funding

Zavepower Secures Additional Funding to Accelerate Growth

Contact

Investor inquiries

For investor relations, funding discussions, or partnership inquiries, reach out directly.

Investor inquiries

per@zavepower.com

Per Ivarsson — Chairman of the Board

General contact

contact@zavepower.com

General questions and inquiries

Zavepower Innovative Technology AB (publ) — Gothenburg, Sweden. This page contains forward-looking statements. Past performance is not indicative of future results.

Investor Relations | Zavepower Smart Spa Technology