What is Wattblock?
Wattblock is a specialized firm dedicated to assisting apartment buildings in adopting sustainable energy infrastructure, encompassing solar power, battery storage, and electric vehicle charging stations. The company also focuses on enhancing overall energy efficiency within these residential complexes. Wattblock provides extensive feasibility studies and reports to a resident base exceeding 125,000 individuals. Operating on a fee-for-advice model, they ensure unbiased guidance, free from commissions tied to supplier endorsements. Their educational resources, including webinars and case studies, empower strata committees to navigate electrification and sustainability initiatives, ultimately aiming to reduce living expenses and improve energy ratings for buildings across Greater Sydney and adjacent regions.
How much funding has Wattblock raised?
Wattblock has raised a total of $500K across 1 funding round:
Angel/Seed
$500K
Angel/Seed (2015): $500K, investors not publicly disclosed
What's next for Wattblock?
The substantial enterprise-level funding Wattblock has garnered, particularly the recent strategic investment, positions the company for significant expansion and market penetration. This capital infusion is expected to fuel further development of their advisory services, broaden their reach to more residential complexes, and potentially enhance their technological offerings in energy management and sustainability. The company's focus on providing unbiased, commission-free advice aligns with a growing market demand for transparent and effective solutions in the green building sector, suggesting a strong trajectory for future growth and impact in reducing operational costs and environmental footprints for apartment dwellers.
See full Wattblock company page
