What is Wattnow?
Founded in 2018 and headquartered in Tunis, Tunisia, Wattnow provides a sophisticated real-time monitoring solution designed to offer a granular breakdown of energy expenditures. Its core functionality lies in identifying wasteful trends, enabling businesses to optimize consumption and reduce operational costs. The company operates within the burgeoning energy management technology sector, a critical area for enterprises focused on sustainability and efficiency.
How much funding has Wattnow raised?
Wattnow has raised a total of $1.3M across 1 funding round:
Other Financing Round
$1.3M
Other Financing Round (2022): $1.3M with participation from 216 Capital, Katapult Climate, CrossBoundary, Oman Technology Fund, and Launch Africa Ventures
Key Investors in Wattnow
CrossBoundary
CrossBoundary Energy, launched in 2015, is a prominent provider of financed C&I solar solutions across Sub-Saharan Africa, focusing on multinational and local companies.
Oman Technology Fund
Oman Technology Fund (OTF) aims to establish Oman as a knowledge leader by supporting promising technology projects through various investment programs, including early-stage, acceleration, and growth stages.
Launch Africa Ventures
Launch Africa Ventures is an investment firm focused on supporting early-stage technology startups across the African continent.
What's next for Wattnow?
With the recent enterprise-level financing, Wattnow is strategically positioned for accelerated growth. The company is likely to invest in expanding its technological infrastructure, enhancing its data analytics capabilities, and broadening its market reach. This capital injection signals strong investor confidence in Wattnow's business model and its potential to capture a significant share of the energy management market, particularly among large enterprises seeking to improve their environmental footprint and operational economics.
See full Wattnow company page
