The energy analytics software provider received commitments from Iberdrola, Evergy Ventures and Shell Ventures in an $18.2m round.
US-based energy analytics software producer Innowatts has received $18.2m in a series B round featuring energy utilities Iberdrola and Evergy as well as oil and gas supplier Shell.
The round was led by investment firm Energy Impact Partners and filled out by venture capital fund Energy and Environment Investment, while Evergy and Shell invested through respective corporate venturing units Evergy Ventures and Shell Ventures.
Founded in 2014, Innowatts provides cloud-based software that measures and analyses energy consumption by processing meter…
