a year ago
Wattnow Secures Multi-Million Dollar Series A Funding
Tunisian startup Wattnow, an IoT-based smart energy management solution, has secured a multi-million dollar Series A funding round led by Lateral Frontiers and 216 Capital
The round also includes participation from Outlierz Ventures, Satgana, Octerra Capital, and a group of strategic angel investors, including InstaDeep founder Karim Beguir and Guillaume Amblard
Wattnow's innovative platform provides real-time energy usage visualization, control, automation, and analytics, empowering companies to optimize their energy consumption
The funding will be used to expand the company's global presence, refine its technological offerings, and continue helping clients move towards a more sustainable future
Wattnow has already delivered substantial value to clients across more than 11 countries, including key markets in Europe, the Middle East, and Africa, as well as North America.
ProblemTechnology
"Companies are struggling to control their energy usage and lack the data and insights to optimize their consumption."
Solution
"Wattnow provides an IoT-based smart energy management solution that uses hardware and software to monitor, control, and analyze energy usage in real-time. This data is presented on a cloud-based dashboard, allowing companies to make informed decisions about their energy consumption and reduce costs."