# ekWateur

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ekwateur

- Industry: Renewable Energy
- Headquarters: Paris, France
- Website: www.ekwateur.fr
- Total disclosed funding: $12M
- Latest round: Series B (Jan 28, 2019)
- Investors on record: 5

## About

ekWateur is a French energy company specializing in providing 100% renewable electricity and gas solutions to residential and commercial customers, promoting sustainability and energy efficiency through innovative services.Founded in 2015 and headquartered in Paris, France, ekWateur focuses on providing renewable energy solutions. The company's founder, Julien Tchernia, has a history of entrepreneurship, aiming to promote local energy production. In June 2022, ekWateur raised EUR 30 million in Series C funding led by Ansonia Holdings, marking a pivotal investment in its growth strategy. The company's current valuation stands at EUR 231.876 mn, following a total of three funding deals.ekWateur's primary offerings include 100% renewable electricity and gas sourced from local and European origins. The company supplies energy to both residential and commercial clients in France, featuring flexible contracts with no commitments or fees. Additional services include solar panel installation and energy management tools, designed to help customers optimize their energy consumption and reduce their carbon footprint.In the most recent financial year, 2023, ekWateur generated a revenue of EUR 821,159,776, with an EBITDA of EUR 5,471,308. The company's revenue model is centered on subscription-based services for green electricity and biomethane gas, alongside value-added services that enhance customer engagement and loyalty.Looking ahead, ekWateur plans to leverage the EUR 30 million raised in Series C funding to enhance its service offerings and expand into new markets. The focus includes the development of innovative energy solutions and potential market entry into neighboring European countries by 2025. The recent funding will support these initiatives, allowing ekWateur to strengthen its position in the renewable energy sector.

## Funding rounds

- Series B, Jan 28, 2019, $9.4M — Aster Capital, BNP Paribas Developpement, Mirai Ventures, Sowefund
- Series A, Dec 21, 2017, $2.4M — Aster Capital, Bouygues Telecom SA, BNP Paribas Developpement

## Investors

- Aster Capital (https://capitalatlas.ai/funds/aster-capital) — Series A, Series B
- Bouygues Telecom SA — Series A
- BNP Paribas Developpement (https://capitalatlas.ai/funds/bnp-paribas-developpement) — Series A, Series B
- Mirai Ventures (https://capitalatlas.ai/funds/mirai-ventures) — Series B
- Sowefund — Series B