About DREM
DREM is a Business Services company based in Stockholm (Sweden) founded in 2022 by Hannes Palm, David Sennerlov, and Babak Tighnavard. Heat pumps are provided for distributed energy saving solutions. It operates in the Business Services and Energy & Utilities sectors. DREM has raised $5.97 million across 3 funding rounds from investors including Peak, Redstone and Futurum Ventures. Its chief executive, as recorded, is Babak Tighnavard. Its website drem.se draws about 11 thousand monthly visits. DREM offers products and services including Heat Pump Installation, Maintenance Service, and Heat Pump Products. Its focus areas include Energy Tech, Energy Efficiency Tech, Thermal Products and HVAC. Its competitors include Aira, NIBE Group and Systemair; 1 of its 3 listed competitors has raised funding.
Company details
DREM was founded in 2022 in Stockholm, Sweden, within the energy sector. Distributed energy saving solutions are delivered through heat pumps designed for ease of use. Operations center on simplifying installation and maintenance processes for residential and commercial applications. Services are primarily offered in Sweden, supporting sustainable heating alternatives. Key leadership includes co-founders Hannes Palm, David Sennerlov, and Babak Tighnavard as CEO.
- Total Equity Funding$5.97M (USD)
in 3 rounds
- Latest Funding Round$1.07M (USD), Seed
Nov 2024
- InvestorsPeak
& 15 more
Products & Services of DREM
DREM offers a comprehensive portfolio of products and services, including Heat Pump Installation, Maintenance Service, and Heat Pump Products.
Service for installing energy-efficient heat pumps in residential homes.
Regular upkeep to optimize heat pump performance and extend lifespan.
Supply of air-water and ground source heat pumps for home heating solutions.
Funding Insights of DREM
DREM has successfully raised a total of $5.97M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.07 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.97M
- Total Rounds 3
- Last Round Seed — $1.07M
- First Round $2.72M
(Jan 2023)
- Investors Count 16
All 3 funding rounds of DREM 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 |
|---|---|---|---|---|---|
| Nov 2024 | $1.07M | Seed | – | Peak, Redstone | |
| Aug 2023 | $2.18M | Seed | – | Peak | |
| Jan 2023 | $2.72M | Seed | – | Byfounders, Robert Pollak |
16 investors in total: 5 institutional and 11 angel.
Investors in DREM
DREM has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include Peak, Redstone and Futurum Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments in Europe are targeted by Peak. | peak.capital | Amsterdam, Netherlands | ||
Sector vertical investment funds are managed by Berlin-based Redstone. | redstone.vc | Berlin, Germany | ||
Futurum Ventures is focused on investing in tech entrepreneurs. | 2023 | futurum.vc | Trondheim, Norway | |
Early-stage centric VC firm investing primarily in the Nordics | byfounders.vc | Copenhagen, Denmark | ||
Wiski Capital is focused on investing in Norwegian tech startups. | 2017 | wiski.no | Norway | |
PL Peter Lindholm | Angel investor in Indian startups, focused on tech and innovation. | unknown_b2fbfadfb05c4b189 | ||
EA Edgeir Aksnes | Co-founder of Tibber, active angel investor in energy and tech startups. | unknown_f928ddb019a348c8a | ||
MM Mattias Miksche | Angel investor, co-founder of Dreamler, active in Indian startup ecosystem | unknown_10f7e981300549b0a | ||
MI Monika Inde Zsak | Angel investor focusing on early-stage Indian startups, based in Mumbai. | unknown_d5f5dd2389564b4aa | ||
RP Robert Pollak | Angel investor focusing on Indian startups, experienced in tech and innovation. | unknown_116fc735fa9d4467b |
Investor details for DREM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of DREM
5 people are tracked at DREM (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Hannes Palm | Co-Founder | Leadership |
David Sennerlov | Co-Founder | Leadership |
Babak Tighnavard | Co-Founder & CEO | Leadership |
Ahmad Ardal | Full-stack Developer | Team |
Yevhenii Fesenko | Full-stack Developer | Team |
Complete people profiles for DREM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of DREM
3 dated milestones of DREM across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DREM is founded.
- Funding First funding round of $2.7M.
- Funding Latest funding round, Seed, of $1.1M.
Competitors of DREM
DREM has 3 listed competitors in our database, 1 of them funded. They include Aira, NIBE Group and Systemair.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| airahome.com | 2022 | Stockholm, Sweden | $333.4M | Air-source heat pumps for residential heating efficiency are provided. | ||
| nibe.com | 1952 | Markaryd, Sweden | 2,194 | Provider of sustainable energy solutions contributing to reducing greenhouse gas emissions globally | ||
| systemair.com | 1947 | Skinnskatteberg, Sweden | 132 | Sustainable HVAC products and systems are manufactured for various sectors. |
Detailed competitors of DREM
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Web traffic of DREM
The website of DREM (drem.se) receives about 11.1K visits a month.
- Monthly visits11.1K
▲ 206.6% vs previous month
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Related news about Drem
Complete news archive for DREM
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Frequently Asked Questions about DREM
DREM was founded in 2022 and raised its 1st funding round 1 year after it was founded.
DREM is headquartered in Stockholm, Sweden.
Babak Tighnavard is the CEO of DREM, as recorded in our data. They have also founded this company.
DREM is a funded company, having raised a total of $5.97M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.72M, raised on Jan 2023.
DREM was founded in 2022 in Stockholm, Sweden, within the energy sector. Distributed energy saving solutions are delivered through heat pumps designed for ease of use. Operations center on simplifying installation and maintenance processes for residential and commercial applications. Services are primarily offered in Sweden, supporting sustainable heating alternatives. Key leadership includes co-founders Hannes Palm, David Sennerlov, and Babak Tighnavard as CEO.
DREM's top competitors include NIBE Group, Aira and Systemair.
DREM offers Heat Pump Installation, Maintenance Service, and Heat Pump Products.
DREM has 16 investors. Key investors include Peak, Redstone, Futurum Ventures, Byfounders, and Peter Lindholm.
DREM operates through Drem.