# xWatts

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

- Industry: Software
- Headquarters: Cambridge, UK
- Website: www.xwatts.co/
- Total disclosed funding: $2.2M
- Latest round: Seed (Feb 2, 2026)
- Investors on record: 4

## About

Based in London, UK, and founded in 2022 by its CEO, Yigit Akar, and co-founder, Alexander A., xWatts Ltd., operates as a developer and provider of commercial property software used for energy management solutions for buildings to analyze usage patterns to optimize and automate electricity consumption. In February 2026, xWatts Ltd raised GBP 1.6 million in seed funding led by Cambridge Enterprise, with participation from Parkwalk Advisors, R42, and Cambridge Angels Group.

xWatts offers an energy management platform that helps users reduce energy consumption by providing visibility and control over commercial buildings. The company’s platform connects with various existing control systems for the optimization of energy consumption and automation of energy generation. It also provides a monitoring system, an alert system, a reporting system, remote support, demand response services, ongoing product consultation, tailored training sessions, and many more.

The company generates revenue through its various monthly subscription plans, which vary as Standard (GBP 500 per month), Advanced (GBP 1250 per month), and Enterprise.

The company will use the February 2026 funding to accelerate product development and support growth in key European markets, particularly within healthcare, higher education, and industrial sectors.

## Funding rounds

- Seed, Feb 2, 2026, $2.2M — Cambridge Enterprise, Cambridge Angels Group, Parkwalk Advisors, R42

## Investors

- Cambridge Enterprise — Seed
- Cambridge Angels Group — Seed
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed
- R42 (https://capitalatlas.ai/funds/r42) — Seed