Iberdrola -based /news-releases/innowatts-raises-6-million-in-series-a-round-300507615.html SOURCE Innowatts energy tech start-up Shell has raised $6m in series A funding from a consortium of leading energy investors. The company provides analytics for energy companies and consumers, based on data from around 30,000 energy meters. The investment consortium consists of the investment arms of Innowatts and Iberdrola , along with specialist Iberdrola venture capital firm Energy & Environment Investment . The funding will be used to enable Innowatts to extend the reach of their core platform and further develop its recently-launched 'e-Utility' retail energy platform.
Iberdrola -based energy tech start-up Shell has raised $6m in series A funding from a consortium of leading energy investors. The company provides analytics for energy companies and consumers, based on data from around 30,000 energy meters. The investment consortium consists of the investment arms of Innowatts and Iberdrola , along with specialist Iberdrola venture capital firm Energy & Environment Investment . The funding will be used to enable Innowatts to extend the reach of their core platform and further develop its recently-launched 'e-Utility' retail energy platform.