WePower

company

About

WePower is a green energy trading platform that enables finance green energy projects to invest into and trade green energy.

Details

Last Funding Type
Initial Coin Offering
Industries
Blockchain,CleanTech,Energy,Environmental Consulting,GreenTech,Information Technology,Renewable Energy,Trading Platform
Founded date
Jan 1, 2016
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
WePower UAB
Also Known As
WePower Network

WePower is a green energy trading platform that enables finance green energy projects to invest into and trade green energy. The platform connects Individual business energy buyers directly with energy producers enabling them to purchase energy upfront at below-market rates. It eliminates the complexity from entering into a power purchase agreement (PPA), gives a right to choose whatever renewable energy volume to contract, increases renewable energy project’s exposure, and provides liquidity to trade power purchase agreements.

WePower helps renewable energy producers to raise capital by issuing their own energy tokens. The company has developed the Ethereum Smart Energy contract tokens to standardize, simplify, and globally open currently existing energy investment ecosystem. It deploys smart contracts and enables its participants to invest and finance green energy projects as well as acquire green energy in an efficient, secure, and transparent way.

WePower was founded in 2016 and is headquartered in Vilnius, Lithuania.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
WePower has raised a total of — in funding over 2 rounds. Their latest funding was raised on Feb 2, 2018 from a Initial Coin Offering round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 2, 2018 Initial Coin Offering 11 Detail
Jan 1, 2018 Seed 1 Detail

Employee Profiles

Number of Employee Profiles
7
WePower has 7 current employee profiles, including Board member Nimrod Lehavi
Board member
Executive
Advisor
Executive
Executive