WeSmart strengthens its resources thanks to its new strategic partners

October 2024 - WeSmart, the company specialized in software solutions for managing renewable energy communities and energy optimization, announces a strategic funding round with two leading partners: Eneco Ventures, a major player in sustainable energy in the Netherlands, and Wallonie Entreprendre, the reference investment fund in Wallonia.

🤝 Growth supported by trusted partners

This funding round marks a decisive turning point in WeSmart's history, consolidating its position as an innovative player in the energy optimization sector. The investment from Eneco Ventures and Wallonie Entreprendre demonstrates the confidence placed in the vision and solutions developed by the WeSmart team.

"This funding round represents much more than just financial support," explains François Bordes, CEO of WeSmart. "It's the recognition of our expertise and our ability to support the energy transition on a European scale. Our partners share our vision of a more sustainable and intelligent energy future."

💰 Strengthening financial and operational solidity

This operation brings WeSmart's share capital to 3 million euros, significantly strengthening the company's financial solidity. This solid financial base allows WeSmart to continue its development serenely and invest massively in innovation and geographical expansion.

The company now manages energy assets representing 200 million euros of optimized equipment and energy consumption for its clients. These figures illustrate the confidence that market players place in WeSmart solutions and the concrete impact of its technologies on energy efficiency.

🌍 Strengthened European positioning

Present in Belgium, France and Spain, WeSmart now asserts itself as an actor in acceleration at the European level. The solutions developed by the company respond to the growing challenges of energy transition and renewable resource optimization.

Among its flagship references, WeSmart notably includes:

• Greenbizz.energy in Brussels, the first energy community in an economic activity zone and pilot site for the European BlueBird project
• Tour & Taxis, also a BlueBird pilot site alongside Greenbizz to test European energy innovations
• Hannut, winner of the Smart City Prize 2022 with 844 connected homes
• The strategic partnership with Belfius for the Belgian public sector

"Our ambition is to become the European reference in intelligent energy community management," continues François Bordes. "This funding round gives us the means for our ambitions and allows us to accelerate our deployment in new markets."

🔬 Partners with complementary expertise

Eneco Ventures, with its expertise in the sustainable energy sector and its deep knowledge of the European market, brings WeSmart a valuable strategic dimension. This collaboration opens new perspectives for development and innovation in the field of renewable energies. Wallonie Entreprendre, recognized for its support of innovative companies in Wallonia, confirms WeSmart's growth potential and its solid territorial anchoring. This partnership illustrates the capacity of the Walloon region to attract and develop technological champions.

This alliance builds on the technological ecosystem developed by WeSmart, notably its Nexgen platform which enables intelligent real-time management of energy flows and optimization of energy communities. This expertise has also been recognized in our partnership with Belfius, which offers a turnkey solution for the Belgian public sector.

🚀 Promising future prospects

Strengthened by this new financial dynamic and the expertise of its partners, WeSmart is ideally positioned to support the acceleration of energy transition in Europe. The company plans to intensify its investments in research and development, extend its geographical presence and strengthen its teams to meet the growing market demand.

The company also relies on major research projects such as LECaaS, funded at 2.4 million euros by the Walloon government, which develops next-generation technologies for intelligent energy communities.

This funding round thus marks the beginning of a new growth phase for WeSmart, consolidating its position as a technological leader in a strategic sector for Europe's future.

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About WeSmart: Specialized in software solutions for managing renewable energy communities and energy optimization, WeSmart supports its clients in their transition to a more sustainable and efficient energy model. Present in Belgium, France and Spain, the company develops innovative technologies to optimize the production, consumption and distribution of renewable energy.