a year ago

xWatts Raises $1.8 Million to Optimize Energy in Commercial Buildings

  • xWatts, a UK-based energy optimisation platform, has secured $1.8 million in seed funding led by Antler

  • The funding will be used to expand the team and enter new markets

  • xWatts develops cloud-based energy management software that reduces costs and emissions in commercial buildings by managing load conservation, shifting, and peak trimming, as well as optimizing energy generation and storage

  • The company has secured funding from Antler, Cambridge Enterprise, Parkwalk Advisors, R42 Group, and several angel investors.

      • ProblemTechnology

      "Commercial buildings waste a lot of energy, driving up costs and contributing to climate change."

      Solution

      "xWatts provides cloud-based energy management software that helps businesses save energy by optimizing their building's energy usage. This includes managing load conservation, shifting, and peak trimming, as well as optimizing energy generation and storage."

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