Portugal
Klugit Energy, founded in 2018 and headquartered in Portugal, is a promising startup in the AI and Water industries. True to its slogan, "Heating showers, cooling oceans 🌊", Klugit Energy is innovating within the energy sector by offering a smart solution that empowers both utilities and families seeking practical energy efficiency improvements.
The company's flagship product, the Klugit smart plug, transforms traditional electric water tanks into sophisticated, Wi-Fi connected, smart-grid-ready devices. This solution is simple to install and cost-effective, creating immediate utility and user benefits by enabling effective demand-response strategies.
In February 2021, Klugit Energy secured a ¥100.00K Seed Round investment from Portugal Ventures. This capital injection underscores investor confidence in the startup's innovative approach and potential for widespread impact. Klugit's ongoing commitment to integrating artificial intelligence into household energy management positions it as a compelling opportunity for forward-thinking investors.
