WatAirGy
Accelerated Water Evaporation for Zero-emission Electricity Generation
Company Overview
Snapshot
Founded in May 2021 by Ozi Egri and Moti Levy, WatAirGy operates with 1–10 employees. The company has raised $750,000 across two funding rounds from one investor. In January 2023, WatAirGy secured a Pre-Seed round from NetZero Tech Ventures.
Business overview
WatAirGy is an Energy Tech company developing a renewable energy solution for households. Its core product is a compact powerbox that generates electricity through rapid water evaporation within a confined volume. Designed for continuous operation in dense urban areas, the system provides a cost-effective and zero-emission alternative to traditional solar and wind energy solutions, serving the clean energy generation and utilities sectors.
Strategic signal
In June 2024, WatAirGy gained significant industry exposure through its participation in Energycom's 'Investor Club' annual conference. This event highlights the growing investor interest in climate tech and validates WatAirGy's innovative approach to sustainable energy generation, signaling potential for future strategic partnerships and funding opportunities within the renewable energy landscape.
Company Intelligence Q&A
- What is WatAirGy's primary technology?
- WatAirGy develops a powerbox that generates electricity by utilizing rapid water evaporation within a confined volume, offering a continuous and sustainable energy source.
- When was WatAirGy founded and by whom?
- WatAirGy was founded in May 2021 by co-founders Ozi Egri, who serves as CEO, and Moti Levy, the CTO.
- What was a key funding event for WatAirGy?
- In January 2023, WatAirGy secured a Pre-Seed funding round from NetZero Tech Ventures.
- How does WatAirGy's solution compare to traditional energy sources?
- WatAirGy's powerbox offers a zero-emission, 24/7 operational alternative to solar and wind systems, without requiring specific weather conditions or extensive infrastructure, and aims for lower maintenance and operational costs per kWh.
- What market recognition has WatAirGy received recently?
- In June 2024, WatAirGy participated in Energycom's 'Investor Club' annual conference, an event which focused on climate tech startups.