ecojoko

Ecojoko is a French startup founded in 2017, with a mission to address the pressing issue of energy waste in households. With the catchy slogan 🌎 18% d'économie d'énergie à la maison 🌎, Ecojoko aims to help consumers identify energy-consuming devices in their homes and take control of their energy budgets.

The startup recognizes the alarming rate at which resources are being depleted, with individuals consuming the equivalent of three planets' worth of resources. Additionally, the annual electricity bill equates to a net monthly minimum wage for 35% of French citizens who rely on electric heating. Ecojoko emphasizes that 25% of electricity is wasted unknowingly, as electricity is invisible unlike water, but it offers a straightforward solution to address this. The company designs and sells a connected assistant that provides real-time electricity consumption data, details on appliance usage through artificial intelligence, and suggests simple actions to achieve energy savings.

If 5% of French citizens adopt Ecojoko's solution, it could lead to the equivalent of the production of a nuclear reactor being saved, showcasing the potential impact of widespread adoption. The startup's focus on energy efficiency aligns with the growing need for sustainable solutions in the Energy Efficiency sector. While the last investment details and investors are not disclosed, Ecojoko's innovative approach and potential for substantial energy savings make it an intriguing prospect for venture capital firms seeking promising investment opportunities in the sustainability space.