# Reservoir raises $8M for smart water heaters that benefit users and the power grid

Reservoir, a climate technology startup, has raised $8 million in funding to develop intelligent water heaters that can shift energy use to off-peak times. The heaters aim to lower consumer costs while helping stabilize the electricity grid by acting as flexible storage. This investment signals growing interest in grid-interactive appliances for the clean energy transition.

**Importance:** 3/5

## Sources

### Technology
- [TechCrunch](https://techcrunch.com/2026/08/12/reservoir-raises-8m-to-make-water-heaters-that-people-and-the-grid-will-actually-want/) — Wed, 12 Aug 2026 10:00:00 +0000