About Cleanwatts
Cleanwatts is a company based in Coimbra (Portugal) founded in 2020 by Luisa Matos, James McDougall, and Michael Pinto.. Cleanwatts has raised $26.44 million across 3 funding rounds from investors including European Union and Verdane. Cleanwatts offers products and services including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing. Cleanwatts operates in a competitive market with competitors including Resideo, Operto, epilot, KODE Labs and Aedifion, among others.
- Headquarter Coimbra, Portugal
- Founders Luisa Matos, James McDougall, Michael Pinto
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.44 M (USD)
in 3 rounds
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Latest Funding Round
$179.51 K (USD), Grant
Dec 01, 2023
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Cleanwatts
Cleanwatts offers a comprehensive portfolio of products and services, including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for smart energy efficiency and demand management services
Service providing zero upfront investment for energy projects
System for local energy sharing and grid benefits
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Funding Insights of Cleanwatts
Cleanwatts has successfully raised a total of $26.44M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $179.51 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $179,512
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First Round
First Round
(01 May 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Grant - Cleanwatts | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - Cleanwatts | Valuation | Verdane |
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| May, 2021 | Amount | Grant - Cleanwatts | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cleanwatts
Cleanwatts has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Verdane. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cleanwatts
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cleanwatts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleanwatts Comparisons
Competitors of Cleanwatts
Cleanwatts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Resideo, Operto, epilot, KODE Labs and Aedifion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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| domain | founded_year | HQ Location |
Customer management solutions including CRM and automation are provided.
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| domain | founded_year | HQ Location |
SaaS driven building operating system
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| domain | founded_year | HQ Location |
AI, IoT & SaaS-driven platform providing building automation solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cleanwatts
Frequently Asked Questions about Cleanwatts
When was Cleanwatts founded?
Cleanwatts was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Cleanwatts located?
Cleanwatts is headquartered in Coimbra, Portugal.
Who is the current CEO of Cleanwatts?
Luisa Matos is the current CEO of Cleanwatts. They have also founded this company.
Is Cleanwatts a funded company?
Cleanwatts is a funded company, having raised a total of $26.44M across 3 funding rounds to date. The company's 1st funding round was a Grant of $296.16K, raised on May 01, 2021.
What does Cleanwatts do?
Cleanwatts was founded in 2020 in Coimbra, Portugal, as a provider of energy management software for commercial and industrial applications. Solutions offered include Kiplo, a virtual power plant for utilities to manage market imbalances; Cloggy, which delivers real-time data on household consumption, generation, and storage; and Kisense, focused on energy optimization. Operations center on software development and deployment in the energy sector.
Who are the top competitors of Cleanwatts?
What products or services does Cleanwatts offer?
Cleanwatts offers Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing.
Who are Cleanwatts's investors?
Cleanwatts has 2 investors. Key investors include European Union, and Verdane.
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