Mapdwell Secures Strategic Investment from Exelon

Exelon Corporation became Mapdwell Inc.’s first strategic investor, looking to accelerate innovation in clean energy adoption and planning by investing in multiple early-stage, strategic and complimentary startups.

Mapdwell, MoDe’s cleantech sister startup, has been an Exelon Utilities supplier since 2018 through the Solar Calculator link to other news entry or to ComEd’s site and has engaged in a consulting partnership with the Exelon Corporate Strategy group, looking at the future of utilities and how to deepen the relationship between utilities and customers looking at renewable energy, energy efficiency and demand response.

Mapdwell – fully bootstrapped since 2013 – welcomes ‘this vote of confidence’ and the possibility to augment its technology, strengthen its competitive advantage in the space, and partner with an industry leader.