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Energy IoT startup Smart Joules raises $4.1 Mn in Series A

Shortpedia

Content Team
Image Credit: shortpedia

Energy-efficiency-as-a-service startup Smart Joules has raised $4.1 Mn in its Series A funding round from various investors, namely ADB Ventures, the venture arm of Asian Development Bank (ADB), Sangam Ventures, Max I. Limited, cKinetics Accelerator, Dabur family’s Saket Burman and six other angel investors from India and the US. Smart Joules offers retrofits for energy-intensive systems.