Climeon

Climeon is a Sweden-based startup that is focused on creating clean electricity from waste heat, with the slogan "Powering a sustainable future." Founded in 2011, the company operates in the Energy and Renewable Energy industries. Climeon's technology addresses the significant issue of energy loss from low-temperature heat, with more than 50% of the world's energy being lost in this manner. The company's Heat Power system is designed to generate clean electricity from low-temperature waste heat and geothermal energy, thereby contributing to a cleaner planet. One key advantage of Climeon's technology is its ability to produce clean electricity 24/7 without dependency on weather conditions, complementing wind and solar power in the world's quest for clean electricity. In terms of investment, Climeon secured a notable €7.50M post-IPO debt investment on 28 September 2020, with DNB and SEK as the investors. This investment reflects confidence in the startup's mission and technology, highlighting its potential for growth and impact in the sustainable energy sector. Overall, Climeon's innovative approach and recent investment activity position it as a promising player in the renewable energy landscape.