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- Ecowatt Energy
Ecowatt Energy Funding, Investors & Competitors
Ecowatt Energy has raised $112M across 2 funding rounds, most recently a $110M ico round in June 2022.
Last Ecowatt Energy funding round
$110M
ICO · Jun 2022
Cumulative funding Ecowatt Energy raised
$112M
across 2 funding rounds
Key investors in Ecowatt Energy
The Global Emerging Markets Group
Ecowatt Energy Overview
About Ecowatt Energy
Ecowatt Energy is a Tallinn-based platform using blockchain to enable renewable energy purchases. The company allows users to buy solar and wind power credits from European producers, tracking transactions on Ethereum for transparency. Launched in 2021, it connects 50 gigawatt-hours of green energy from farms in Estonia and Latvia to retail consumers worldwide via mobile app.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Ecowatt Energy Funding History
Ecowatt Energy has raised a total of $112M across 2 funding rounds.
Ecowatt Energy's first fundraising round was a $2M pre-seed round in June 2020. The most recent completed round was a $110M ico round in June 2022.
Ecowatt Energy funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jun 2022 | ICO | The Global Emerging Markets Group (lead) | $110M |
| Jun 2020 | Pre-seed | - | $2M |
Who has invested in Ecowatt Energy?
1 investor has backed Ecowatt Energy across its funding rounds, including The Global Emerging Markets Group.
Lead investors include The Global Emerging Markets Group.
Ecowatt Energy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Ecowatt Energy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialEcowatt Energy Competitors
Ecowatt Energy competitors include listed companies like Block, Coinbase and Circle, and private ones like Ripple, OKX and Kraken.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1.2B | - | $50B | - | ||
| Publicly listed | $24B | $2.2B | $46B | 1.6x | ||
| Publicly listed | $7.2B | $1.8B | $46B | 7.6x | ||
| Private | $1.9B | - | $25B | 13.2x | ||
| Publicly listed | $2.7B | ($73M) | $22B | 6.8x | ||
| Private | $2.2B | $531M | $21B | 9.5x |
Ecowatt Energy Public Comps
Ecowatt Energy is still privately-owned, but its public comps include GE Vernova, Iberdrola, China Yangtze Power, Constellation Energy, Strategy, Vistra, Block, Coinbase, ACWA Power and Vestas.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $38B | $3.2B | 6.2x | 5.4x | 73.5x | 43.5x | |||
| $51B | $17B | 4.4x | 4.3x | 13.2x | 11.8x | |||
| $13B | $11B | 11.4x | 11.3x | 13.9x | 14.4x | |||
| $26B | $5B | 4.6x | 3.8x | 23.5x | 15.3x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $18B | $5B | 4.0x | 3.3x | 13.9x | 10.2x | |||
| $24B | $2.2B | 1.7x | 1.6x | 18.6x | 9.4x | |||
| $7.2B | $1.8B | 6.1x | 7.6x | 24.2x | 27.2x | |||
This data is available for Pro users. Sign up to see all Ecowatt Energy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Ecowatt Energy
| When was Ecowatt Energy founded? | Ecowatt Energy was founded in 2021. |
| Where is Ecowatt Energy headquartered? | Ecowatt Energy is headquartered in Dublin, Ireland. |
| Is Ecowatt Energy publicly listed? | No, Ecowatt Energy is a private, VC-backed company. |
| How much funding has Ecowatt Energy raised? | Ecowatt Energy has raised $112M across 2 funding rounds. |
| What was Ecowatt Energy's last funding round? | Ecowatt Energy's last funding round was a $110M ico round in June 2022, led by The Global Emerging Markets Group. |
| Who are Ecowatt Energy's investors? | Ecowatt Energy's investors include The Global Emerging Markets Group. |
| Which companies are comparable to Ecowatt Energy? | Companies comparable to Ecowatt Energy include Ripple, Block, Coinbase, OKX, Circle and Kraken. |
See companies similar to Ecowatt Energy
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