Total raised
$400K
Stage
Seed
Founded
2018
Headcount
4
HQ
Tel Aviv-Yafo
Sector
Automotive & Mobility Technologies
About
WATT specializes in urban mobility solutions, offering a two-seater car platform designed for city driving. This platform prioritizes aspects such as safety, space efficiency, ride comfort, ease of parking, and aesthetics. It incorporates elements from different transportation modes to create a compact urban transportation option.
Given the expected global urbanization trend, with approximately 66% of the population projected to live in urban areas by 2050, WATT addresses the issue of underutilized cars, with an average occupancy rate of 1.2 persons per vehicle and vehicles remaining idle 96% of the time. WATT aims to align vehicle design with the evolving needs of urban living.
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Electric Vehicle Infrastructure & PlatformsAutomotive & Mobility TechnologiesUrban Mobility
Technologies
Machinery & RoboticsAGVs
Target customers
Transportation & LogisticsGovernment & CityDefense, Safety & SecurityConsumersTransportation & MobilityDrivers
Business model
B2C
Highlights
Climate Tech1 PatentsVerified
Tags
micromobilityelectric-vehiclesclimate-techsmart-mobility