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Wegaw
company
About
Remote sensing satellite data processing with artificial intelligence for energy production optimization
- 1 - 10
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- €1M
- Industries
- Artificial Intelligence,Information Technology,Machine Learning,Satellite Communication
- Founded date
- Jan 1, 2016
- Number Of Employee
- 1 - 10
- Operating Status
- Active
We process remote sensing satellite data with artificial intelligence to monitor renewable energy sources like water & snow. Through these datasets we improve our clients energy forecasting capabilities helping them increase the energy production by 10% and their energy trading prices by 5%
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
€1.38M
Wegaw has raised a total of
€1.38M
in funding over 2 rounds. Their latest funding was raised on
Feb 2, 2022 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 2, 2022 | Seed | €1M | 1 | — | — | Detail |
| Oct 1, 2017 | Pre-seed | €380K | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
2
Wegaw is funded by 2 investors.
Seedrs
and Service de la promotion de l'économie et de l'innovation (SPEI)
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Seedrs
|
— | Seed |
Service de la promotion de l'économie et de l'innovation (SPEI)
|
— | Pre-seed |
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