Fluidra, the Spanish multinational in the pool and wellness sector, has acquired Riiot Labs, known for its innovative smart pool water analysis device, Blue.
Information on the Target
Riiot Labs, founded in 2015 by two engineers from Liège in collaboration with The Faktory, specializes in developing innovative solutions for the pool and wellness industry. The company is known for creating Blue, the first smart device capable of testing and analyzing pool water quality. This pioneering product positions Riiot Labs at the forefront of technology-driven solutions within the sector.
The development of Blue was made possible by The Faktory’s commitment to fostering IoT (Internet of Things) initiatives. They created a robust ecosystem of international partners, supported by regional authorities and local banks, enhancing Riiot Labs' growth and visibility in a competitive market.
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Industry Overview in Belgium
The pool and wellness industry in Belgium has witnessed significant growth in recent years, driven by increasing consumer interest in home wellness solutions and le
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Fluidra
invested in
Riiot Labs
in 2023
in a Seed Stage deal