About Cleanwatts
Cleanwatts is a Business Services company based in Coimbra (Portugal) founded in 2020 by Luisa Matos, James McDougall, and Michael Pinto, and was acquired by DWS in February 2026. Energy management software is provided for commercial and industrial sectors. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Cleanwatts has raised $26.44 million across 3 funding rounds from investors including DWS, European Union and Verdane. Its chief executive, as recorded, is Luisa Matos. Cleanwatts offers products and services including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing. Its focus areas include Energy Tech, Smart Grid, Distributed Energy Resources and Virtual Power Plant.
Company details
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.
- Headquarters Coimbra, Portugal
- Founders Luisa Matos, James McDougall, Michael Pinto
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Email••••••••
- Website cleanwatts.energy
- Social LinkedIn Facebook YouTube
- Acquired by DWS (Feb 2026)
Products & Services of Cleanwatts
Cleanwatts offers a comprehensive portfolio of products and services, including Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing.
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
Apps and channels of Cleanwatts
its YouTube channel Cleanwatts has 154 subscribers and 30 videos.
Videos from Cleanwatts
The most watched videos on Cleanwatts's YouTube channel, Cleanwatts (154 subscribers). Click a video to play it here.
More on Cleanwatts.
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 $26.44M
- Total Rounds 3
- Last Round Grant — $179,512
- First Round $296,161
(May 2021)
- Investors Count 2
All 3 funding rounds of Cleanwatts with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $179,512 | Grant | – | – | |
| Jun 2022 | $26.44M | Series A | – | Verdane | – |
| May 2021 | $296,161 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Cleanwatts
Cleanwatts has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include DWS, European Union and Verdane.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies | verdane.com | Oslo, Norway | ||
Asset management services are offered by DWS to clients. | 1956 | dws.com | Frankfurt, Germany | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Cleanwatts
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cleanwatts
31 people are tracked at Cleanwatts (11 in leadership, 2 in board & advisors, 18 in team).
| Name | Role | Group |
|---|---|---|
Luisa Matos | Co-Founder & Co-CEO | Leadership |
James McDougall | Co-Founder | Leadership |
Michael Pinto | Co-Founder & Co-CEO | Leadership |
Rita Carreira | VP Of Technology At Cleanwatts | Leadership |
Andre Oliveira | Head of IoT | Leadership |
Rui Queiroga | Business Development Director | Leadership |
Maria Benquerenca | Energy Communities Director | Leadership |
Ângela Bernardes | Head of Customer Success | Leadership |
Pedro Antão Alves | CEO | Leadership |
Soma Demeny | Chief HR Officer | Leadership |
Jorge Landeck | Chief Scientific Officer | Leadership |
Emilio Costa | Board Member | Board & advisors |
Basílio Simões | Board Member & Co-Founder | Board & advisors |
Joana Gil Domingos | Customer Service Manager | Team |
Teresa Magalhães | Project Manager | Team |
Pedro Monteiro | Project Delivery Manager | Team |
Luís Belo Silva | PV Expert | Team |
Dr. Lurian Klein | Senior Innovation Developer | Team |
Dylan Benotto | PPC & SEM Contractor | Team |
Sören F. | Energy Manager | Team |
11 more people are available in the full profile.
Complete people profiles for Cleanwatts
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cleanwatts
4 dated milestones of Cleanwatts across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cleanwatts is founded.
- Funding First funding round of $296K.
- Funding Latest funding round, Grant, of $180K.
- Exit Acquired by DWS.
Web traffic of Cleanwatts
The website of Cleanwatts (cleanwatts.energy) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 18.7% vs previous month
Websites whose visitors overlap most with Cleanwatts. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
verdelago.com | verdelago.com | 100% | #3,126,735 | – |
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Related news about Cleanwatts
Complete news archive for Cleanwatts
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Frequently Asked Questions about Cleanwatts
Cleanwatts was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Cleanwatts is headquartered in Coimbra, Portugal.
Luisa Matos is the CEO of Cleanwatts, as recorded in our data. They have also founded this 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 2021.
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.
Cleanwatts offers Cleanwatts OS, Renewable Infrastructure as a Service, and Energy Sharing.
Cleanwatts has 3 investors. Key investors include DWS, European Union, and Verdane.
Yes. Cleanwatts was acquired by DWS in February 2026.