xWatts raised £1.6M seed round led by Cambridge Enterprise Ventures alongside Cambridge Angels, Parkwalk and R42. Revenues have been tripling annually; platform deployed across NHS hospitals, community diagnostic centres and University of Cambridge facilities delivering over 25% energy reductions. Company claims >20% typical savings and has saved more than £2M annually in some manufacturing settings. Founded in 2022. Geographic focus: Europe.
About xWatts
London-based intelligent energy management platform that connects to on-site energy systems, builds real-time digital models of facilities, and automatically adjusts assets (HVAC, solar, CHP) to cut energy waste and emissions across hospitals, campuses and industrial estates.
London, United Kingdom
Read Company ProfileFrequently Asked Questions
What type of funding round did xWatts raise?
xWatts raised a seed round.
How much did xWatts raise in its seed?
xWatts raised $1,600,000 GBP in its seed.
When did xWatts raise its seed?
xWatts raised its seed on 2026-02-10.
Who invested in xWatts's seed?
The investors in xWatts's seed are: Cambridge Enterprise Ventures, Cambridge Angels, Parkwalk, R42.
What type of investment was xWatts's seed?
xWatts's seed was a equity investment.
How will xWatts use the funds from its seed?
xWatts plans to use the funds for: product development, expansion across Europe (healthcare, higher education, industrial sectors), scaling growth and product investment.