Cleanwatts Digital, a climate tech pioneer in energy management solutions, has raised $2.9 million in investment capital. This funding round marks a significant step for the company, which is dedicated to driving the energy transition through advanced technological solutions for the smart management of local energy assets. Cleanwatts Digital's mission is to simplify, amplify, and accelerate this global shift towards sustainable energy.
At the core of Cleanwatts Digital's offering is Cleanwatts™ OS, an operating system specifically developed to manage and optimize distributed energy assets. This includes renewable power plants, energy storage systems, and electric vehicle chargers. Through this technology, the company aims to significantly reduce energy costs for its customers, improve their energy security, and accelerate the decarbonization of the electricity grid.
With its proprietary system, Cleanwatts Digital develops Virtual Power Plants (VPPs), which provide flexibility services to customers and empower their participation in energy markets. The company also offers these services to distribution system operators (DSOs) and provides a complete Energy as a Service (EaaS) solution. This approach eliminates the complexity and technical barriers often associated with energy transition requirements and ESG compliance, making clean energy solutions more accessible. The newly secured capital is planned to support the company's growth initiatives.
Cleanwatts Digital plans to use the funds to further enhance its Cleanwatts™ OS platform and expand its market reach, reinforcing its commitment to building a world where clean energy is truly decentralized, digital, and democratic. This investment is expected to accelerate the company's efforts in empowering more communities and businesses to participate actively in the evolving energy landscape.
