Tunisia's Wattnow Closes Multi-Million-Dollar Round for AI Energy Monitoring
Lateral Frontiers and 216 Capital led the September 2024 round, taking the energy-management startup's total funding past $10m as it eyes global expansion.
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Wattnow, the Tunisian energy-management startup, closed a multi-million-dollar funding round in September 2024 led by Lateral Frontiers and 216 Capital, with participation from Outlierz Ventures, Satgana, Octerra Capital and angels including InstaDeep founder Karim Beguir. The raise took total funding past $10 million.
Founded in 2018 by Issam Smaali, Wattnow combines plug-and-play hardware with AI-driven software to let businesses monitor and analyse energy use in real time. The company said the capital would fund global expansion and further product development.