Cleantech Invest forays into next generation energy management and invests in Watty


Cleantech Invest Plc
Company Announcement     23 January 2015 at 8.30 am (EET)

Cleantech Invest forays into next generation energy management and invests in
Watty

Cleantech Invest Plc is investing in Swedish company Watty. The investment is
part of a bigger funding round where Watty has secured 10 million SEK to take
their solution to the market. The other actors in the funding round are Swedish
business angels and the Swedish Energy Agency. After the investment round,
Cleantech Invest's holding in Watty is just under 1%. The investment gives
Cleantech Invest a foothold in the emerging arena of home energy management.

Alexander Lidgren, Managing Director of Cleantech Invest comments: "Watty has a
low threshold for customers and makes a lot of sense for those who want to cut
their electricity bill. It simply is a cool product. But what matters even more
is that there is an incredible team behind it. They have the skills, the drive
and they have fun doing it. It is one of the most exciting opportunities I have
seen in this space over the last years."

Watty is a Swedish energy data start-up that aims at making it really simple for
families to reduce their energy bills. With a single hardware device Watty
identifies how much energy each appliance is using in a home - and then creates
customised recommendations of the smartest way for the family to save energy.
Watty was recently awarded the Green Mentorship Award from Niklas Zennström.

Lidgren continues: "This first investment is small but provided the company
develops well, we will consider increasing our ownership".

CLEANTECH INVEST PLC

Further information:
Alexander Lidgren, Managing Director of Cleantech Invest Plc, tel.
+46 73 660 1007, alexander.lidgren@cleantechinvest.com

Certified Advisor Access Partners Oy, tel. +358 9 682 9500.

Cleantech Invest in brief
Cleantech Invest focuses on clean energy and efficient use of natural resources.
The company owns minorities in a diversified portfolio of companies and is
actively looking for new capital light and high impact businesses within the
cleantech universe. Cleantech Invest invests in the most promising early-stage
and growth cleantech companies in Finland, Sweden and in the Baltic Sea area.
The company management team members are international pioneers in cleantech
investing. Cleantech Invest is also a designated Accelerator in the Vigo Program
initiated by the Ministry of Employment and the Economy.
www.cleantechinvest.com.





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