Successful Series A for Wattwatchers

Wattwatchers has raised an initial $2 million to accelerate uptake of its ultra-compact, super-smart devices that empower electricity consumers and managers with fast, two-way, easy-to-access data. Investment has come from the Southern Cross Renewable Energy Venture Capital fund (REVC). The Australian Financial Review covered the story of the capital raising here - apologies if the pay wall blocks you.

Welcome to SXVP and REVC

Created jointly by Softbank China Capital (SBCVC) and the Australian Renewable Energy Agency (ARENA), the REVC is managed independently by private funds manager Southern Cross Venture Partners (SXVP). 

SXVP's managing director Dr. Mark Bonnar (pictured left), who is joining an expanded Wattwatchers' Board of Directors, said: 'Wattwatchers' Auditor technology, advanced control analytics and cloud-hosted management interface is superior to anything we've seen globally. REVC is excited to partner with Wattwatchers, which is the necessary enabler of the Internet of Energy (IoE).’ 

Read our company announcement about the capital raising on our blog.

Innovation & Start-Ups in the Energy Sector

GAVIN DIETZ, MD & CEO: I would like to invite you to the upcoming Innovation & Start-ups in the Energy Sector Conference on 8-9 May at the Swissotel in Sydney, where I will be taking part in an INTERACTIVE PANEL | Experts & start-ups discuss challenges, experiences and lessons learned.

Start-ups will play a key role in Australia’s energy future and hence we must develop the right frameworks and environment to bring together innovative, creative and bold thinkers as they have the potential to be the game changers in this clean energy revolution.

It would be great to welcome you at the conference this May and make a difference in the energy future. Find out more here.

Solar 2017 panel session on May 4

Wattwatchers Director of Communications and Community Networks, Murray Hogarth, is joining a panel at the Australian Solar Council's 55th annual conference in Melbourne next week, on Thursday May 4 (event runs May 3 and 4). 

The session is 'Smart Energy Business Models' in the Applied Energy Storage stream of the Solar Energy Exhibition and Conference 2017, which is co-located with the Energy Storage Exhibition and Conference. See details of the session here.

We've taken a spot in Sydney CBD

Wattwatchers has part-moved into the Sydney CBD, joining the thriving mixed tech community at Tank Stream Labs (17-19 Bridge Street, near the corner with Pitt Street). R&D and manufacturing remain elsewhere, with Tank Stream Labs a great, centrally located launchpad from which to focus on business development.