Climeon

Stockholm, Sweden Founded: 2011 • Age: 15 yrs
Provider of SaaS-driven industrial and geothermal waste heat recovery products
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About Climeon

Climeon is a company based in Stockholm (Sweden) founded in 2011 by Thomas Ostrom.. Climeon offers products and services including HeatPower System and HeatPower 300. Climeon operates in a competitive market with competitors including Orcan Energy, Enertime, Enerdrape, Heliex Power and Promethean Energy, among others.

  • Headquarter Stockholm, Sweden
  • Founders Thomas Ostrom
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Climeon Ab
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $514.4 K (USD), Grant

    Jun 01, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Climeon

Climeon offers a comprehensive portfolio of products and services, including HeatPower System and HeatPower 300. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Converts low-temperature waste heat into clean electricity using ORC.

Provides advanced ORC technology for maritime and industrial applications.

People of Climeon
Headcount 50-200
Employee Profiles 5
Board Members and Advisors 3
Employee Profiles
People
Jonas Måhlén
Head of Research & Development
People
Lena Sundquist
CEO Climeon
People
Andreas Söderberg
Vice President Business Development, Marine
People
Lindsey Karlsson
Marketing & Communications Manager

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Board Members and Advisors
people
Anders Lindberg
Board Member
people
Thomas Öström
Founder & Chairman
people
Jan Svensson
Vice-Chairman

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Funding Insights of Climeon

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $514,397
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Grant - Climeon Valuation

investors

Jun, 2015 Amount Seed - Climeon Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Climeon

Climeon has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and ACACIA Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Swedish tech companies are supported with private capital investments.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Climeon

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Climeon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Climeon Comparisons

Employees
+
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Competitors of Climeon

Climeon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Orcan Energy, Enertime, Enerdrape, Heliex Power and Promethean Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Waste heat is converted into electricity using ORC energy modules.
domain founded_year HQ Location
Manufacturer of organic rankine cycle modules
domain founded_year HQ Location
Geothermal panel technology is developed for renewable heating and cooling.
domain founded_year HQ Location
Clean electricity is generated from waste heat and steam.
domain founded_year HQ Location
Designer and manufacturer of heat recovery and thermal energy solutions
domain founded_year HQ Location
Electricity is generated from industrial waste heat via thermoelectric systems.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Climeon

Frequently Asked Questions about Climeon

When was Climeon founded?

Climeon was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Climeon located?

Climeon is headquartered in Stockholm, Sweden.

Who is the current CEO of Climeon?

Thomas Ostrom is the current CEO of Climeon. They have also founded this company.

What does Climeon do?

Climeon was founded in 2011 in Stockholm, Sweden, focusing on the energy sector. Waste heat recovery products, powered by SaaS, are developed for industrial applications and geothermal sources. These solutions are installed in heat ventilation systems, geothermal geysers, and similar setups. SaaS-based software is also provided for monitoring and controlling heat power systems, supporting efficient energy management operations.

Who are the top competitors of Climeon?

Climeon's top competitors include Promethean Energy, Orcan Energy and AEInnova.

What products or services does Climeon offer?

Climeon offers HeatPower System and HeatPower 300.

Who are Climeon's investors?

Climeon has 2 investors. Key investors include European Union, and ACACIA Asset Management.

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