Tunisian startup Wattnow has successfully closed a multi-million dollar funding round to accelerate its growth in the smart energy management sector.
Information on the Target
Wattnow is a Tunisian startup that specializes in Internet of Things (IoT) solutions for smart energy management. Founded in 2018 by Issam Smaali, the company offers innovative services aimed at helping organizations control and optimize their energy usage. Through a combination of plug-and-play hardware and software, Wattnow allows companies to visualize their energy consumption in real-time and manage various loads automatically. Additionally, the system provides alerts and notifications to users when potential issues arise.
The core of Wattnow’s technology revolves around smart sensors that collect data, which is then analyzed using machine learning algorithms. This data is accessible via a cloud-based dashboard, empowering clients by delivering detailed reports and analytics that enhance their understanding of energy usage patterns.
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Industry Overview in Tunisia
Tunisia's energy sector is experiencing significant transformation, driven by increasing demand for energy efficiency and sustainability. The country is actively seeking ways to reduce its carbon footprint and enhance energy sec
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Lateral Frontiers and 216 Capital
invested in
Wattnow
in 2023
in a Series A deal