Watteco
Latest round
- Series A
Last raised
- Feb 2006
Total raised
- $3.8M
Investors
- 1
About Watteco
Watteco focuses on the design and manufacturing of IoT sensors aimed at optimizing processes across multiple sectors. Founded in France, the company has attracted investment to bolster its growth.Watteco specializes in the design and manufacturing of connected IoT sensors that address the unique needs of various sectors. Their primary offerings include wireless, energy-autonomous sensors that utilize LoRaWAN® radio technology, aimed at optimizing processes in smart buildings, smart industries, smart cities, and smart metering applications. These sensors are designed for use in diverse environments, from monitoring energy consumption and improving building conditions to enabling predictive maintenance in industrial settings. Watteco's solutions are tailored to meet regulatory compliance, such as the tertiary decree in France, as well as to enhance operational efficiency across various industries, including agriculture and transportation.In 2022, Watteco generated revenue of EUR 4,413,275. The company's EBITDA for the same year was EUR 32,993. Watteco generates revenue primarily through B2B transactions, providing their IoT sensors and related services to institutional clients and businesses. The company engages in structured partnerships with clients that may involve subscription-based models for ongoing data services or direct sales of individual sensor units. Specific flagship products, such as the BoB Assistant, are integral to these offerings and are incorporated into multi-year contracts with clients who require ongoing support and updates. The revenue model is complemented by the company's emphasis on providing customized solutions, enabling tailored pricing based on client needs and the complexity of the projects undertaken.
Who invested in Watteco
1 investor across 1 round
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Funding rounds
Series A
Feb 27, 2006
Amount
$3.8M
Investors
Questions about Watteco
Who invested in Watteco?
Watteco has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Watteco raised?
Watteco has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Watteco last raise money?
Watteco's most recent round on record is a Series A, in Feb 2006.
What does Watteco do?
Watteco focuses on the design and manufacturing of IoT sensors aimed at optimizing processes across multiple sectors.
Where is Watteco headquartered?
Watteco is headquartered in France.
Which VCs invest in companies like Watteco?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back marketing/advertising companies at Watteco's stage. Their profiles are linked below.
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