themo

Themo is a cleantech startup based in Estonia that aims to transform electric heating for more efficient electricity grids. With a focus on reducing energy consumption and carbon emissions, Themo utilizes IoT solutions and cloud algorithms to optimize electric heating based on factors such as inertia, electricity prices, and outside weather conditions. The company's flagship offering, the Themo Service, caters to Finnish real estate companies, particularly rental apartment providers, offering a compelling value proposition of immediate cash-flow positive returns and minimal installation requirements. Founded in 2014, Themo recently secured a notable €1.30M in its Venture Round investment on 14 March 2024, with backing from investors including Sunly, Ali Omar, Finnish Indie Investments, and Henry Nilert. With a strong market potential and a compelling value proposition, Themo is well-positioned to capitalize on the growing demand for sustainable heating solutions in the global market.