exergo
Date | Investors | Amount | Round |
---|---|---|---|
CHF500k | Growth Equity VC | ||
* | N/A | Spinout | |
N/A | Seed | ||
* | €3.2m | Seed | |
* | €1.0m Valuation: €16.0m | Seed | |
Total Funding | €4.6m |
Recent News about exergo
EditExerGo is a Swiss cleantech startup that operates in the energy sector, specifically in the provision of heating and cooling services. The company's unique selling proposition is its innovative use of CO₂ as a dense, low-temperature fluid in a closed loop system, which allows it to create sustainable energy networks. These networks are touted to be more efficient than traditional fossil-fuel and water-based systems, offering up to 80% primary energy savings compared to fossil fuel-based systems.
ExerGo's primary clients are utilities, municipalities, real estate companies, and private companies. The company's business model revolves around providing these entities with sustainable, affordable, and efficient heating and cooling services. By harnessing renewable resources and waste heat, ExerGo is able to offer a solution that not only reduces energy costs but also contributes to environmental sustainability.
In addition to the energy savings, ExerGo's system also offers savings in installation time and cost, with a reported 60% savings compared to water-based systems. This is because their CO₂ network is compatible with standard heating, ventilation, and air conditioning (HVAC) equipment, making it easy to deploy in any building, in any climate zone.
In summary, ExerGo is a cleantech startup that offers an innovative and sustainable solution for heating and cooling services. Its use of CO₂ in a closed loop system not only increases efficiency but also reduces costs, making it an attractive option for utilities, municipalities, and companies in the real estate sector.
Keywords: Cleantech, Startup, Energy, Heating and Cooling Services, CO₂, Sustainable, Efficient, Renewable Resources, Waste Heat, HVAC.