Equiwatt - the IoT startup that's tackling energy consumption

by Startacus Admin

The Newcastle based IoT startup that's using Artificial Intelligence to help us all reduce energy bills...

During peak usage times, the demand can cause the need for stand-by power plants to be activated, which is not cheap. Increased energy production is an obvious, though non-simple, solution, but so too is simply reducing energy consumption, especially during these peak times. Of course, in this world in which we’re too busy to do anything for ourselves, the answer to reducing smart tech energy usage is more smart tech...
Newcastle-based Internet of Things startup Equiwatt has created that smart tech.
Using artificial intelligence and the cloud, the Equiwatt platform allows users to trade their energy demand flexibility, not only reducing energy bills, but even taking advantage of the offers that energy providers give customers to reduce their consumption temporarily during high demand periods (thus saving themselves the cost of using the aforementioned stand-by plants).
All the user needs to do is set up the Equiwatt Powercapsule smart hub, create an account, connect all of their smart, IoT appliances to the Powercapsule. It will then automatically turn off appliances for brief periods according to intelligent algorithms, its AI ensuring that they are never affected by what it is doing.
Equiwatt made it through Tech Nation’s Rising Stars semi-final recently and is on its way to the final in London on 5 March. It’s up against some stiff competition, some of which we have written about ourselves, including Serelay, Tended, and Thyngs.
Pitch training workshops and mentoring gave these companies the chance to refine their skills before pitching to an expert judging panel, and the Grand Final will see the 20 finalists pitch again in front of a high profile audience to a panel of renowned judges for a prize package worth over £4,000. We unbiasedly wish them all luck!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
WeWALK, RNIB, and ICL consortium secures UKRI funding to improve mobility for visually impaired and elderly.

The impact of standards, ethics and conduct on business success and profits - Work.Life has some interesting insights...

The lowdown on Space32 - the startup that wants to help hybrid-working businesses find the working space and solution that's right for them.

Global Tech for Good initiative seeks innovative startups and scaleups that are creating positive social impact and enhancing people's lives through tech.

The lowdown on Bidnamic, the startup that's combining advance machine learning with human expertise to help retailers to maximise revenue and profitability from Google Shopping.

Innovative Czech fintech startup 4Trans raises investment to expand first of its type AI driven factoring services across Europe.

Edinburgh-based life science company Cytomos secures funding to support further development of its innovative cell analysis tech.

Ethical Equity and Streets Consulting join forces to deliver Founder Workshop to help close the inequality gap in startup to scaleup funding.

Fancy being featured in this year’s SmallBiz100, which showcases the best of Britain’s vibrant small business community? There's just a couple of days left to do just that!

Screenloop secures major investment to support further development of its AI-driven recruitment platform that helps companies build the best teams and removes unconscious bias.
Published on: 27th January 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Assistive technology innovators and partners awarded £1.7m project funding 1st Jul 2022 WeWALK, RNIB, and ICL consortium secures UKRI funding to improve mobility for visually impaired and elderly.
- How the pandemic affected each industry 27th Jun 2022 New research from School of Marketing reveals the impact that Covid-19 has had on key business sectors in the UK.
- The Finalists of DBACE 2022 are revealed 21st Jun 2022 The lowdown on the innovative young visionaries that are in the running for this year's Deutsche Bank Awards for Creative Entrepreneurs.
- OKAPI: Orbits raises €5.5m for Breakthrough Space Traffic Management Software 13th Jun 2022 Innovative German SaaS startup OKAPI:Orbits secures investment to support its mission of securing efficient and safe operations in space.