Savant Invests in the Future of Energy: Switch Energy’s Role in Solving South Africa’s Energy Crisis
Cape Town, South Africa — 25 Oct 2024 — At Savant, our commitment to investing in innovative companies that drive real-world impact continues with our investment in Switch Energy, a trailblazer in smart metering, energy trading, and meter data management. As part of the Savant Build Programme, we are not only providing financial backing but also ongoing strategic support to help Switch Energy scale and thrive.
With South Africa’s ongoing energy challenges and the increasingly complex environment of matching electricity supply and demand through evolving energy trading systems, Switch Energy offers a critical solution. Their platform provides real-time, accurate data on electricity usage, empowering both users and utility companies to optimise energy consumption and distribution. Switch Energy’s proprietary energy matching algorithm allows for the efficient trading of electricity to increase profitability for energy traders.
This is the kind of innovation South Africa needs to address its energy crisis. Through partnerships and strategic support, Switch Energy is positioned as a first mover in this space, offering solutions that go beyond just monitoring energy usage to include energy trading and forecasting—a comprehensive approach to solving one of our nation’s most pressing issues.
Through the Savant Build Programme, we have created a pipeline of high-quality businesses that have been vetted, supported, and primed by industry-trusted investors. For investors looking to minimise risk, businesses like Switch Energy represent a de-risked, high-potential opportunity.
The future of energy in South Africa is evolving, and Savant is proud to be part of the journey, investing in companies like Switch Energy that are making it possible.
We are proud investors of Switch Energy and look forward to working with Andrew Murray and his team!
Exciting Announcement: Applications for the 2025 Savant Build Programme Are Open!
We are excited to announce that applications for the 2025 Savant Build Programme have officially reopened! This initiative is dedicated to fostering innovation and sustainability in the green economy, and we’re proud to support exceptional startups that are driving transformative change.
At Savant, we believe in the power of collaboration and innovation to create a more sustainable future. We look forward to witnessing the continued growth and impact of the startups we support, as they lead the way in advancing sustainable solutions.
For more details on how you can join us in this exciting journey toward a greener and more sustainable future, [APPLY HERE]
