Gorilla Capital Fund III has made its 28th investment in eWatt Smart Power Systems
Gorilla Capital Fund III has made its 28th investment in eWatt Smart Power Systems – a service that provides accurate data on electricity consumption, enabling reduced usage, easier property management, and significant financial savings.
eWatt Smart Power Systems provides property owners with easy access to precise, device-level electrical data in real time. The data helps reduce properties’ electricity consumption, optimize the use of solar panels, and inform energy renovation calculations. The service is very easy to set up because it does not require electrical installation.
eWatt CEO and Co-founder Timo Saarinen shares, “It’s great to have Gorilla Capital join us on this journey. Their experience with early-stage companies provides us with strong support for the next steps. The investment strengthens confidence in eWatt’s technology and business model while supporting the vision of more sustainable and intelligent energy use.”
“Gorilla Capital’s investment in eWatt aligns seamlessly with our strategy of supporting ‘camel’ startups—ventures that are capital-efficient, resilient, and focused on solving tangible business problems with sustainable growth in mind. eWatt’s innovative energy monitoring solutions exemplify this approach by addressing real-world challenges in energy consumption and efficiency”, comments Risto Rautakorpi, Gorilla Capital Founding Partner.
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