xWatts Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

xWatts Ltd - overview

Established

2022

Location

Cambridge, -, UK

Primary Industry

Software

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.


Current Investors

Antler, Cambridge Enterprise, Parkwalk Advisors

Primary Industry

Software

Sub Industries

Electric Utilities, Pollution Control, Analytics & Performance Software, Commercial Property

Website

www.xwatts.co/

Verticals

Artificial Intelligence, Artificial Intelligence, Clean Technology, IoT (Internet of Things), Real Estate Tech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

xWatts Ltd - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.