Cleanwatts

Palestinian Territories
Umm an Naşr, Gaza Strip, Palestinian Territory, 3040-574

Company profile

Cleanwatts company profile

Designed to address the complex multilayered needs of local energy communities, Cleanwatts combines the benefits of real time energy efficiency with the ability to activate a wide range of local assets (any equipment that generates, consumes, or stores energy) to maximize the value of energy produced, consumed, and stored within a community thereby delivering clean energy at well below the price of conventional electricity. Cleanwatts OS is modular by design, highly adaptable to different legal frameworks and the specific needs of typical local participants, including commercial real estate and industrial enterprises, single family homes, apartment blocks, municipal buildings, universities, schools, and hospitals. Critically, the platform also carries a Virtual Power Plant (VPP) user interface specifically designed to aggregate a wide range of energy loads to enable market balancing services in support of local grid operators. In this respect, the Cleanwatts approach to serving energy communities is a game changer, providing a simple and flexible solution with intelligent controls designed to process and optimize all local needs in real time, from behind the meter applications to front of the meter local market requirements.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$0-$1M
Founded
2020-07-01

Headquarters

Postal code
3040-574
Country code
PS
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
3
Total equity funding
$17.8M
Last funding
Series A / $15.8M / 2022-06-28
Last equity funding
Series A / $15.8M
Investors
5
Lead investors
1
Founders
5
Articles
16

Founders and investors

Founders

James McDougallJ. Basilio SimoesJorge LandeckLuisa MatosMichael Pinto

Lead investors

Verdane

Investors

Bhavik BajajLC VenturesPortugal VenturesPrivate InvestorVerdane