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