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 Foun­ding Part­ner, Ris­to Rau­ta­kor­pi adds, “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.”Learn more about eWatt on their Web­si­te and fol­low them on Lin­ke­dIn.