Cartesian

Thermal energy flexibility for the green transition

General Information
Company Name
Cartesian
Founded Year
2023
Location (Offices)
Norway +1
Founders / Decision Makers
Number of Employees
8
Industries
Energy Efficiency, Energy Storage
Funding Stage
Grant
Social Media

Cartesian - Company Profile

Cartesian is a Norwegian startup specialized in providing modular and cost-effective energy storage systems for large heating and cooling systems. The company's mission is to contribute to the green transition by offering thermal energy flexibility. Their solutions aim to help optimize energy usage to balance grid capacity and save surplus energy for later use. These systems are the result of 10 years of research and development on thermal energy storage at SINTEF, one of Europe's largest independent research organizations. With their focus on energy efficiency and storage, Cartesian is set to make a significant impact on the energy sector. The startup was founded in 2023 and has already received a kr8.00M grant investment on 23 February 2024 from Innovation Norway and the Norwegian Research Council. With their innovative approach and recent financial backing, Cartesian is well-positioned to continue driving advancements in energy technology.

Taxonomy: Thermal energy storage, Energy efficiency, Renewable energy, Sustainable technology, Grid capacity optimization, Carbon footprint reduction, Waste heat recovery, Modular energy storage systems, Low-temperature energy storage, Peak shaving, Load shifting, Heat storage, Cooling systems, Research and development, Sustainable energy solutions

Funding Rounds & Investors of Cartesian (2)

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Funding Stage Amount No. Investors Investors Date
Grant kr8.00M 2 Norwegian Research Council 23 Feb 2024
Seed Round kr23.00M 3 Kongsberg Innovasjon, SINTEF Venture AS 23 Feb 2023

Latest News of Cartesian

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No recent news or press coverage available for Cartesian.

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