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WePower Network
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Short description

Developer of a blockchain-based green energy trading procurement marketplace

Founded in 2017
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Lithuania Vilnius, Lithuania
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Updated by Simon Julian at WePower Network on 01/17/2019

Edited by Cleantech Group on 07/07/2022

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Date Company
Partnerships
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Date Partner Type
02/03/2021
Mojo Power Mojo Power
WePower delivered its blockchain-enabled Elemental technology to Mojo Power for the establishment of the Mojo Marketplace, an online shopping setup whereby businesses and industry can shop for locally sourced renewable energy retail contracts.
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Confirmed by Mojo Power
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IPO INFORMATION

Date

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IPO Type

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Initial shares

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Description

Date Investors Type Amount
07/23/2019 Marubeni Marubeni (1)
Post-money valuation of
The Japanese trading house issued an unspecified loan, convertible into shares.
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