Press release
Major energy technology investment play: up to EUR 50 million for efficient energy gmbh to ramp up revolutionary cooling and air conditioning technology
Strüngman Brothers invest in sustainable forms of energy efficiency – German start-up revolu-tionises manufacturing of cooling systems and heat pumpsMunich – Santo Venture Capital (Brothers Andreas and Thomas Strüngmann) invested EUR 11.8 million in energy efficiency gmbH, based in Munich, Germany, with an option to increase their stake by an additional EUR 40 million. In closing this major investment deal, fledgling energy efficiency gmbh has put itself squarely on the map of the energy technology sector. “We are investing in a company we are sure will become a key player in the international market for cooling and heating technology for residential as well as commercial and industrial applications,” explains Helmut Jeggle, representing Santo Venture Capital. Besides Santo Venture Capital, this investment round totalling EUR 15 million also included MIG Fonds (invested in efficient energy since 2008) and private investor Cornel Lindemann-Berk.
Lower energy consumption, higher efficiency, no pollutants
To Dr. Klaus Feix, Chairman of the Management Board of efficient energy gmbH, Santo Venture Capital’s coming on board is a major milestone. “We are at the cusp of ramping up our revolu-tionary technology for mass-production and entering the market with a large footprint. This capital injection frees the path ahead.” efficient energy gmbh developed a system based on direct water evaporation that is unique in the world. Compared with conventional cooling and air conditioning systems, the solution based on a proprietary turbo compressor developed by effi-cient energy’s engineers uses no pollutants, requires no lubricants, and achieves twice the effi-ciency levels. Adds Dr. Klaus Feix: “Our system’s energy balance is extremely attractive, and the best thing about it is the coolant: plain water.”
Promising market prospects
The potential market for this technological innovation is huge. Global demand for cooling sys-tems is continuously increasing. Server farms, for instance, represent a major market segment, as ever-increasing computing capacities require ever-greater and more efficient cooling perform-ance. By partnering with the Stulz Group, efficient energy gmbh has already made significant inroads into this important market segment. Based in Hamburg, Germany, the Stulz Group has a global reach and is set to implement the jointly developed ‘cyberblue’ product. Helmut Jeggle: “This validation by the industry was the Rosetta stone for us in the process of reaching this im-portant investment decision. We are very confident and look forward to taking the next exciting step towards building the business together with the team and equity partners at efficient en-ergy!” efficient energy’s management estimates the target market at approximately EUR 10 bil-lion. “And we are committed to capturing a sizeable chunk of it,” assures Dr. Klaus Feix.
efficient energy gmbh was founded in 2006. The company, based in Feldkirchen in the vicinity of Munich, Germany, currently has 40 staff. efficient energy develops and manufactures innovative systems in the field of cooling and air conditioning. Key equity partners include MIG Fonds and Santo Venture Capital GmbH. efficient energy gmbh is fully financed and preparing for large-scale market entry.
KONTEXT public relations GmbH
Klaus Schardt
Kaiserstraße 168-170
90763 Fürth
Fon +49911-974780
Mail klaus.schardt@kontext.com
www.kontext.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Major energy technology investment play: up to EUR 50 million for efficient energy gmbh to ramp up revolutionary cooling and air conditioning technology here
News-ID: 260473 • Views: …
More Releases for Klaus
Global Bromoethane Market 2017- Arkema, GFS Chemicals, Boc Sciences, Klaus F. Me …
Report covers Bromoethane global sales and global Bromoethane Market growth rate [2012 to 2022].
Below is the list of some key points of Bromoethane market report.
A] Bromoethane Market by Regions:-
1. USA Bromoethane market Status, Prospect (2012-2022)
2. China Bromoethane market Status, Prospect (2012-2022)
3. Europe Bromoethane market Status, Prospect (2012-2022)
4. Japan Bromoethane market Status, Prospect (2012-2022)
B] Worldwide Bromoethane Market Size (Value and Volume) [2012 to 2022].
C] Worldwide Bromoethane Manufacturers Analysis/Key Competitors :-
1 Arkema
2…
Klaus Sindel is Bühler Motor GmbH’s new Director Product Segment Industrial S …
Nuremberg, February 20, 2014 – Effective January 1, Klaus Sindel will assume the role of Bühler Motor GmbH’s Director Product Segment Industrial Solutions. He succeeds Randy Davis, who returned to the US to see to a continued successful positioning of Bühler Motor’s North-American subsidiary as Buehler Motor, Inc.’s Director Sales & Marketing Industrial & Healthcare.
These changes further strengthen Bühler Motor’s engagement in their core markets within the Industrial Solutions fields:…
Klaus von Hippel, the new Product Manager of „Checkweighing Systems“ at Bize …
Balingen, 30th August 2011 - Klaus von Hippel assumed his duties as the new Product Manager of "Checkweighing Systems" at Bizerba on 01 August 2011.
Before von Hippel (42) came on board at Bizerba , he worked in product management for Ishida, an international provider of weighing and packaging solutions. Prior to that he worked for over ten years in various international sales positions for OCS-Checkweighers.
"We at Bizerba extend a…
25 years of the UNO one-hand watch – the original by Klaus Botta
In 2011, Botta-Design is celebrating 25 years since the invention of the UNO one-hand watch.
Only a handful of genuine watch-lovers and industry insiders are aware that the modern one-hand watch was the brainchild of Königstein-based designer Klaus Botta.
When the diversity of wristwatches and watch hands reached its peak in the mid-1980s, Klaus Botta felt that the readability of most watches could hardly get any worse.
To create an alternative to…
Klaus Oestreicher Lectures at the Wiesbaden International Summer University
The University of Applied Studies Wiesbaden organises the Wiesbaden International Summer University for international students in July/August 2008. Especially students from the USA and Eastern Europe are in the university’s focus.
In the globalisation process, international exchange is gaining in importance. To make this internationalisation more effective, the University of Applied Studies Wiesbaden invites foreign students to the Wiesbaden International Summer University WISU, which is directed by Prof. Dr.…
Do You Nomi? A group exhibition celebrating the art and music of Klaus Nomi
Opening at Strychnin Gallery Berlin on February 22nd, 2008, 7 pm, Res Pira Lab and Strychnin Gallery present an exhibition dedicated to German singer and performer Klaus Nomi. With his visionary performance art and black and
white make-up, countertenor Klaus Nomi was a highly influential New Wave figure.
Although he was famous in his lifetime – especially in Paris and New York, where he influenced David Bowie – Nomi died before achieving…