TokWise
31 Alexander Malinov Blvd., Campus X, Sofia, Grad Sofiya, 1729, Bulgaria
Overview
TokWise, founded in 2018, provides an AI-powered SaaS platform that links physical renewable assets directly to power exchanges. The platform enables power producers, green suppliers, commercial and industrial prosumers, aggregators and traders to control electricity purchases and sales and reduce risk in volatile markets. TokWise has built a data science team to develop algorithms that allow complete automation of power trading decisions. Its product addresses increased market volatility driven by higher shares of renewable generation by matching production and consumption. The company says the latest investment will expand its access to new markets and increase exposure across the EU. Strategic partnerships with investors are expected to bring industry knowledge and market access to accelerate growth.
- Total raised
- $3M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Dec 2023
Industries
- Data Management
- Information Technology
- Renewable Energy
Recent funding
Equity
Dec 2023
$3M