Enerwhere is an energy startup based in the United Arab Emirates, which was founded in 2012. The company's slogan "Sustainable Energy. Anywhere." reflects its core mission of providing reliable energy solutions for commercial and industrial customers in remote areas without a stable grid connection. Enerwhere's innovative approach involves the use of modular, transportable solar-hybrid micro-grids to power various facilities such as camps, construction sites, mines, oil & gas installations, islands, and resorts. With a focus on sustainability, the company has developed a proprietary data analytics and control solution that enables them to reduce the fuel consumption, running hours, and emissions of diesel generators by an impressive 30-80%. In January 2019, Enerwhere secured a significant $940.55K equity crowdfunding investment, signaling confidence from the investor community in the potential of the company's disruptive solutions. While the specific investors behind this funding round are not disclosed, this investment will likely further fuel Enerwhere's efforts to revolutionize the energy industry with its sustainable and mobile power solutions. The company's commitment to reducing fuel usage, saving costs, and minimizing emissions positions it as a key player in the renewable energy sector. Enerwhere's innovative business model and technological capabilities make it a compelling prospect for investors seeking opportunities in the sustainable energy space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Equity Crowdfunding | $940.55K | - | 02 Jan 2019 | |
Debt Financing | AED1.00M | - | 01 Nov 2017 | |
Debt Financing | AED1.00M | - | 01 Feb 2017 |
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