Energy supplier ekWateur raises 2 million euros

ekWateur, the leading collaborative energy supplier, announces that it has raised € 2 million from three major French investors: Aster, BNP Paribas Développement and Bouygues Telecom Initiatives. A major fundraiser for ekWateur, which ended only a few months after the official launch of its commercial offer. The supplier had already raised more than 240,000 euros from eco-savers in October via the crowdfunding platform specializing in renewable energies Lumo. These funds will enable ekWateur to accelerate its growth and the development of new IT applications and services, as well as to expand its teams. ekWateur wants to recruit around ten employees in 2017, mainly for web development but also for its administrative and commercial management.

Aster is the main investor in this Series A fundraising. French investors Bouygues Telecom Initiatives and BNP Paribas Développement are also participating, equally, in this first round of funding.

“We are delighted to participate in the development ofekWateur. We believe that the applications and services offered are relevant and innovative, and that they will enrich the good collaborative energy management practices. underlines Georges Passet, Chairman of Bouygues Telecom Initiatives.

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Currently employing around 20 people, ekWateur has just passed the 4,000 meter mark, three and a half months after its market launch. His ambition? Reach 100,000 meters by mid-2018 with the long-term goal of 500,000 meters in mind by 2021. While maintaining the same aspirations: fun, simple, green, geek, collaborative and transparent.

ekWateur was created by Jonathan Martelli and Julien Tchernia in November 2015. It was after jointly managing an alternative supplier in France that they had the idea of launching the first concept of a collaborative energy supplier. With supply licenses since February 2016, ekWateur targets the individual market. ekWateur is an alternative to the dominant players in the French market – EDF and Engie – and offers 100% renewable electricity and natural gas. The commercial offer was launched on September 13, 2016.

To know more : ekWator

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