# EcoWatt: Financial services, Dubai, United Arab Emirates

> EcoWatt: EcoWatt is a Lithuania-based global climate impact platform that utilizes blockchain technology to promote climate action through renewable energy...

Source: https://millionrounds.com/startup/ecowatt (Millionrounds; every figure on the page links to its filing or article)

United Arab Emirates · [Financial services startup](https://millionrounds.com/companies)

# EcoWatt

EcoWatt is a Lithuania-based global climate impact platform that utilizes blockchain technology to promote climate action through renewable energy development, reforestation, and s

Funding reported Last round: Initial coin offering

Financial services Dubai, United Arab Emirates

Company summary

- **Founded:** 2018 8 years old
- **Team:** 27 11 to 50 people
- **Funding reported:** 111.5M as listed, currency not stated
- **Last round:** Initial coin offering Jun 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for EcoWatt has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About EcoWatt

EcoWatt is a Lithuania-based global climate impact platform that utilizes blockchain technology to promote climate action through renewable energy development, reforestation, and s

ocial impact projects. The company manages the entire energy chain, from the development and construction of renewable energy plants to their operation and management. EcoWatt aims to make various sectors, including crypto mining and industry, more sustainable by integrating green energy with blockchain tokenization. The platform focuses on expanding renewable power supply and funding carbon dioxide removal projects. EcoWatt has two main portfolios: the Green Asset Portfolio, which includes renewable power stations funded via Green Bonds, and the Impact Portfolio, which emphasizes reforestation and carbon-zero farming. The company is involved in over 200 projects that generate significant carbon credits annually. EcoWatt also offers a two-token model that supports carbon offset certification and provides access to utility NFTs, along with climate tools for businesses to manage emissions effectively.

## What company datasets say EcoWatt raised

Funding, as reported

Reported in all **111.5M** in the source's currency

Rounds **3**

Last round **Initial coin offering**

Last round date **Jun 2022**

Investors listed **1**

## The company, in detail

What they build

Known for

information technology & services financial services fintech saas computer software b2b finance technology

Built with from their website

Viewport Meta Mobile Friendly NS1

- **Sector:** Financial services
- **Industry code:** NAICS 221118, 523940, SIC 4911, 6722
- **Region:** Dubai
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/ecowatt-energy)

## Financial services in United Arab Emirates

Startups like it

- [**Flow48** Dubai · founded 2022 *Raised*](https://millionrounds.com/company/flow48)
- [**Huspy** Dubai · founded 2020 *Raised*](https://millionrounds.com/company/huspy)
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- [**Alaan** Dubai · founded 2021 *Raised*](https://millionrounds.com/company/alaan)
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- [**Orfinex** Dubai · founded 2015](https://millionrounds.com/startup/orfinex)
- [**Fasset** Dubai · founded 2019](https://millionrounds.com/startup/fasset-3)

## Is this your company?

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