Cleanwatts
Delivering the energy transition where it matters most: locally.
Delivering the energy transition where it matters most: locally.
Cleanwatts is a climate tech scale-up that focuses on delivering the energy transition at a local level. The company aims to simplify and optimize local energy markets by establishing Renewable Energy Communities (RECs) powered by locally sourced clean energy and other energy transition assets, offered at zero upfront cost. At the core of Cleanwatts' offering lies the Cleanwatts™ OS, a modular and interoperable platform designed and market-tested over the past ten years. This platform connects consumption, storage, and generation of energy, grid resiliency, and transaction management for every community served.
Founded in 2020 and headquartered in Portugal, Cleanwatts recently secured a €15.00M Series A investment on 28 June 2022 from Verdane and Bhavik Bajaj. The company's mission to accelerate the energy transition for local communities aligns with the urgent need to decarbonize the grid, bolster energy security, and reduce the high cost of energy. Cleanwatts envisions a future where clean energy is decentralized, digitalized, and democratized.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | €15.00M | 2 |
|
28 Jun 2022 |
| Seed Round | €500.00K | 1 | Private Investor | 09 Feb 2022 |
| Seed Round | €600.00K | 1 |
|
19 Jan 2021 |
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