About Climeon
Climeon is a publicly listed company based in Stockholm (Sweden) founded in 2011 by Thomas Ostrom. It operates as a provider of SaaS-driven industrial and geothermal waste heat recovery products. Its chief executive is Thomas Ostrom. Climeon offers products and services including HeatPower System and HeatPower 300. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and Waste Heat Recovery. Its legal entity is Climeon AB. Its competitors include Orcan Energy, Enertime, Enerdrape, Heliex Power and Promethean Energy and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Annual Revenue$1.45 M (USD)-68.59as on Dec 31, 2025
- Net Profit-$15.53 M (USD)-37.83as on Dec 31, 2025
- EBITDA-$12.12 M (USD)-10.64as on Dec 31, 2025
- Latest Funding Round$514.4K (USD), Grant
Jun 2021
- InvestorsEuropean Union
& 1 more
Products & Services of Climeon
Climeon offers a comprehensive portfolio of products and services, including HeatPower System and HeatPower 300.
Converts low-temperature waste heat into clean electricity using ORC.
Provides advanced ORC technology for maritime and industrial applications.
Apps and channels of Climeon
its YouTube channel Climeon AB has 1.21K subscribers and 8 videos.
Videos from Climeon
The most watched videos on Climeon's YouTube channel, Climeon AB (1.21K subscribers). Click a video to play it here.
More on Climeon AB.
Funding Insights of Climeon
- Total Rounds 2
- Last Round Grant — $514,397
- Investors Count 2
All 2 funding rounds of Climeon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $514,397 | Grant | – | – | |
| Jun 2015 | – | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Swedish tech companies are supported with private capital investments. | 2007 | acaciainvest.se | Stockholm, Sweden | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Climeon
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People of Climeon
9 people are tracked at Climeon (5 in leadership, 3 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Thomas Ostrom | Founder & CEO | Leadership |
Jonas Måhlén | Head of Research & Development | Leadership |
Lena Sundquist | CEO Climeon | Leadership |
Andreas Söderberg | Vice President Business Development, Marine | Leadership |
Torbjorn Smith | Senior Partner | Leadership |
Anders Lindberg | Board Member | Board & advisors |
Thomas Öström | Founder & Chairman | Board & advisors |
Jan Svensson | Vice-Chairman | Board & advisors |
Lindsey Karlsson | Marketing & Communications Manager | Team |
Complete people profiles for Climeon
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IPO & Listings of Climeon
Climeon is a publicly listed company on the OMXSTO with ticker symbol CLIME_B in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onOMXSTO: CLIME_B
- Listed entityClimeon AB Class B
- Exchange sectorProducer manufacturing
- ISINSE0023837182
- Share price2.76 SEK (-0.36% on the day) · 2026-10-14
- Market capitalisation225,892,072.00 SEK
- EPS (diluted, trailing year)-2.50 SEK
- Volume (last session)3,521
Financials of Climeon
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 13.4M SEK | -143.1M SEK | -111.6M SEK |
| 2024 | 42.6M SEK | -103.8M SEK | -100.9M SEK |
| 2023 | 6.2M SEK | -135.8M SEK | -77.5M SEK |
| 2022 | 13.9M SEK | -125.9M SEK | -82.1M SEK |
| 2021 | 28.8M SEK | -107.2M SEK | -121.9M SEK |
Detailed financial statements for Climeon
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Timeline of Climeon
3 dated milestones of Climeon across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Climeon is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $514K.
Competitors of Climeon
Climeon has 9 listed competitors in our database, 9 of them funded. They include Orcan Energy, Enertime, Enerdrape, Heliex Power and Promethean Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| orcan-energy.com | 2008 | Munich, Germany | $29.02M | 38 | Waste heat is converted into electricity using ORC energy modules. | |
| enertime.com | 2008 | Courbevoie, France | $7.27M | – | Manufacturer of organic rankine cycle modules | |
| enerdrape.com | 2019 | Lausanne, Switzerland | $2.22M | – | Geothermal panel technology is developed for renewable heating and cooling. | |
| heliexpower.com | 2010 | East Kilbride, United Kingdom | $42.13M | 25 | Clean electricity is generated from waste heat and steam. | |
| prometheanenergy.com | 2014 | Mumbai, India | $2.49M | 34 | Designer and manufacturer of heat recovery and thermal energy solutions | |
| aeinnova.com | 2014 | Terrassa, Spain | $3.74M | – | Electricity is generated from industrial waste heat via thermoelectric systems. | |
| electratherm.com | 2005 | Flowery Branch, United States | $32.74M | – | Waste heat to power generation systems | |
| atomized.com | 2013 | Atlanta, United States | $4.5M | – | Cloud-based marketing planning software is provided for ad campaigns. | |
| heata.co | 2018 | United States | $1.21M | – | Provider of solutions for green computing networks |
Detailed competitors of Climeon
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Web traffic of Climeon
The website of Climeon (climeon.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▼ 32.8% vs previous month
Websites whose visitors overlap most with Climeon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| energinyheter.se | 100% | – | #999,317 | View details | |
| orbital-systems.com | 61% | 14.2K | #2,030,421 | View details |
Top companies in Energy Efficiency Solutions
10 companies that operate in the same segment as Climeon (Energy Efficiency Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 257.69 M | USD 1.25 B | 3,191 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
IoT and SaaS solutions for building energy management are provided. | 2011 | Munchen, Bayern, Germany | USD 245.02 M | USD 715.19 K | 201 | |
Provider of smart energy management solutions | 2013 | Sunnyvale, California, United States | USD 534.75 M | – | 204 | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.01 B | USD 101.33 M | 410 | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 |
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Related news about Climeon
Complete news archive for Climeon
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Frequently Asked Questions about Climeon
Climeon was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Climeon is headquartered in Stockholm, Sweden.
Thomas Ostrom is the current CEO of Climeon. They have also founded this company.
Annual revenue of Climeon is $1.45M as on Dec 31, 2025.
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.
Climeon's top competitors include Promethean Energy, Orcan Energy and AEInnova.
Climeon offers HeatPower System and HeatPower 300.
Yes, Climeon is publicly traded on OMXSTO under the ticker symbol CLIME_B.
Climeon has 2 investors. Key investors include European Union, and ACACIA Asset Management.
Climeon operates through Climeon Ab.