Wegatech (2nd round)

Consulting & installation of sustainable energy for households  /

Wegatech offers digital consulting and installation solutions to allow private households to switch to sustainable energy systems. More and more people generate their own power from photovoltaic systems or heat pumps. The future success of the energy transition, however, not only lies in sustainable technologies, but in the intelligent combination of renewable energy systems that ensure the decentralized supply of electricity and heat. Private houses can reach up to 70% of electricity and heat self-sufficiency with an intelligent combination of photovoltaic systems, heat pumps and battery storages. As a result, the customer is able to become independent from increasing energy prices while reducing its CO2 emissions substantially. To continue boosting the scaling of Wegatech in Germany, Austria and Switzerland as well as to build up sales and improve the IT infrastructure, the social enterprise successfully secured growth capital in this second round of financing supported by FASE.