Reservoir raises $8M to make water heaters that people — and the grid — will actually want

Reservoir raises M to make water heaters that people — and the grid — will actually want

Source: Reservoir

Summary

Reservoir has developed a smart water heater that uses predictive technology to anticipate hot water demand. The device can also store energy and detect potential plumbing leaks in a home. According to Reservoir, the system aims to provide homeowners with a more efficient and cost-effective way to manage their hot water usage. The company claims that its technology can reduce energy consumption and help prevent water damage.


Our Reading

The launch follows a familiar script.

Reservoir’s smart water heater joins the ranks of “smart” home devices that promise to make our lives more efficient. It’s a water heater that can predict when you’ll need hot water, because apparently, we can’t be trusted to do that ourselves. It also detects leaks, because who needs a plumber when you have AI? And, of course, it stores energy, because that’s what all the cool devices do these days. Reservoir’s innovation is really just a rebranding of existing technologies.


Author: Evan Null