Cleanwatts logo — Delivering the energy transition where it matters most: loca...

Cleanwatts

Delivering the energy transition where it matters most: locally.

Founded 2020 Portugal Portugal 38 employees Series A Total: $16.10M SaaS, Clean Energy

General Information

Company Name Cleanwatts
Founded Year 2020
Location Portugal Portugal +2
Employees 38
Industries SaaS, Clean Energy
Funding Stage Series A
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About Cleanwatts

Cleanwatts is a climate tech scale-up that focuses on delivering the energy transition at a local level. The company aims to simplify and optimize local energy markets by establishing Renewable Energy Communities (RECs) powered by locally sourced clean energy and other energy transition assets, offered at zero upfront cost. At the core of Cleanwatts' offering lies the Cleanwatts™ OS, a modular and interoperable platform designed and market-tested over the past ten years. This platform connects consumption, storage, and generation of energy, grid resiliency, and transaction management for every community served.

Founded in 2020 and headquartered in Portugal, Cleanwatts recently secured a €15.00M Series A investment on 28 June 2022 from Verdane and Bhavik Bajaj. The company's mission to accelerate the energy transition for local communities aligns with the urgent need to decarbonize the grid, bolster energy security, and reduce the high cost of energy. Cleanwatts envisions a future where clean energy is decentralized, digitalized, and democratized.

Taxonomy: Renewable Energy Communities, Energy Management, Virtual Power Plant (VPP), Decentralized Energy, Climate Tech Scale-Up, Local Energy Markets, Clean Energy, Energy Transition, Grid Resiliency, Smart Grid Technologies, Energy Efficiency, Digitalization, Smart Cities, Renewable Energy Integration, Energy Cost Savings

Services & Products

Renewable infrastructure as a service
Smart Energy Efficiency As a Service with Cleanwatts OS
Energy sharing and flexible energy management

Target Customers

Businesses Homes Students Researchers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 2
Investor
•••• ••••
28 Jun 2022
Seed Round •••••• 1 •••• •••• 09 Feb 2022
Seed Round •••••• 1
Investor
19 Jan 2021

Cleanwatts Alternatives & Competitors

Cleanwatts vs
Key Capture Energy
Key Capture Energy United States

Building large-scale energy storage projects today that will transition us to the grid of tomorrow.

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101 employees
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Smart Wires Inc.
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FAQ About Cleanwatts

Delivering the energy transition where it matters most: locally.
Cleanwatts was founded in 2020.
Cleanwatts is headquartered in Portugal.
Cleanwatts operates in the following industries: SaaS, Clean Energy.
Cleanwatts has approximately 38 employees.
Cleanwatts has completed 3 funding rounds, raising a total of $16.10M. The latest funding stage is Series A.
Cleanwatts offers: Renewable infrastructure as a service, Smart Energy Efficiency As a Service with Cleanwatts OS, Energy sharing and flexible energy management.
Top alternatives and competitors to Cleanwatts include Key Capture Energy, Ice Energy, Smart Wires Inc., Swell Energy, Terra One. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cleanwatts and Key Capture Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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