Tech Company Financing Transactions

WePower Funding Round

WePower, operating out of Vilnius, secured $40 million from private investors.

Transaction Overview

Company Name
Announced On
2/1/2018
Transaction Type
Token
Amount
$40,000,000
Round
Undisclosed
Investors
Proceeds Purpose
55% - ICO. 20% - Team. 15% - Community and users growth. 10% - Future stakeholders.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Antakalnio str. 17
Vilnius, LT-10312
Lithuania
Phone
Undisclosed
Email Address
Overview
WePower (Token:WPR) enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy investment ecosystem.
Profile
WePower LinkedIn Company Profile
Social Media
WePower Company Twitter Account
Company News
WePower News
Facebook
WePower on Facebook
YouTube
WePower on YouTube

Management Team

Title
Name
Email & Social
Chief Technical Officer
Kaspar Kaarlep
  Kaspar Kaarlep LinkedIn Profile  Kaspar Kaarlep Twitter Account  Kaspar Kaarlep News  Kaspar Kaarlep on Facebook
Co-Founder
Arturas Asakavicius
  Arturas Asakavicius LinkedIn Profile  Arturas Asakavicius Twitter Account  Arturas Asakavicius News  Arturas Asakavicius on Facebook
Co-Founder
Nikolaj Martyniuk
  Nikolaj Martyniuk LinkedIn Profile  Nikolaj Martyniuk Twitter Account  Nikolaj Martyniuk News  Nikolaj Martyniuk on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/1/2018: Nuro venture capital transaction
Next: 2/2/2018: Partner Therapeutics venture capital transaction

 

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About Database of VC Transactions

We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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