We are happy to announce that our company got into the prestigious acceleration program of Alchemist Accelerator, one of the world’s leading B2B accelerators.
Our company produces smart energy storage & management system for residential and commercial usage. WATTS is a smart system that requires no extra components or devices and can be connected to solar panels or any other generation source. It is scalable and highly portable. Allows the owner to move and use it anywhere (i.e., at the house, at work, in the field).
Our team has also developed a digital “demand response” platform that collects and aggregates behind-the-meter data from every cloud-connected and registered Watts Battery module. It allows balancing the load on the power grid for the local homeowners by switching consumers to power from backup storage during the risk of a blackout. The greatest economic and environmental impact of Watts Battery and the “WattsBattery platform.Link” allows it to reach places where solar panels are already common. California is one of these regions. Here is the Watts Battery located as well as the Alchemist accelerator.
Alchemist focuses primarily on seed-stage companies that make their money from other companies. The organization provides seed investment into companies it admits, and provides founders a structured path to traction, fundraising, mentorship, and community over the course of a 6 month program. The accelerator seeds around 75 enterprise-monetizing ventures per year.
Yuriy Vlasov, founder and CEO Watts Battery: “It’s a great step for us to get into the Alchemist program, it confirms the right development strategy. We are now very active on the US market and we see the demand on our product and getting paid pre-oders. Our next step is to attract new investments and to test new business model. And our participation in the accelerator will help us to do that”.