Equiwatt
Company

Last deal

$381.9K
Local Amount - GBP 300.K

Amount

Grant

Stage

23.08.2023

Date

3

all rounds

$1.1M

Total amount

General

About Company
The company is a climate technology firm that uses AI to change the way households and EV drivers use energy.

Industry

Sector :

Subsector :

Keywords :

founded date

01.11.2015

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company's platform enables people to trade their energy demand flexibility in energy markets, building a crowd-owned virtual power plant that responds smartly to inefficient grid conditions and promotes clean energy consumption. The platform rewards consumers for automatically turning off high energy usage appliances when energy is most expensive and polluting, enabling users to monitor the power usage of their electrical appliances at home. This is Demand Side Response on a residential scale that puts money in the pockets of consumers, saves cost for energy providers and helps everyone to reduce their carbon footprint.
Contacts