Electrical/electronic Manufacturing - Toronto, Ontario, Canada
Knitt Labs is a Toronto based tech start-up trying to solve today's energy waste problem bybringing big data to an industry that hasn't changed much in over a century.The way we currently use and manage our electricity consumption is archaic and lacks truetransparency and control. This lack of transparency and control exists in homes, businessesand industry. It starts with a bill being sent with the past overall consumption data for acertain period of time and that bill is paid. There is no insight into how each individualappliance, electronic or machine is consuming electricity nor is there any insight or controlinto managing them in a better way to save energy and money.Knitt Labs is working on creating solutions to not only solve these problems but completelyredefine the way we use and manage power all together. With working prototypes, andstart-up funding from the UTEST (University of Toronto Early Stage Technology) program inpartnership with MaRS Innovation.
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