Eneco invests in software developer for district heating networks
Eneco invests in the Dutch climate scale-up Gradyent. With rising prices and a strong need for CO2-reduction, optimization is becoming even more urgent. Gradyent has developed software that helps heating companies to optimize their heat systems and to reduce CO2.
In a new investment round Gradyent has raised 10 million euros from existing investors Capricorn Partners, ENERGIIQ and new investors Helen Ventures and Eneco.
Gradyent enables heating companies to optimize their systems and reduce CO2 so that they can deliver affordable and reliable heat. Gradyent, founded in 2019 and based in Rotterdam, has developed software based on the Digital Twin technology. A digital copy of the physical heat system is made, combining geographical, weather and sensor data with physical models and AI. The Digital Twin makes it possible to optimize the heating system in real-time and to run simulations of future situations. This is becoming increasingly important with an increase in more sustainable heat.
"Eneco is pleased with the investment in Gradyent. The acceleration of sustainable heat is one of the important pillars of our One Planet ambition to be climate neutral by 2035, together with our customers. Eneco has been a customer of Gradyent for a long time and wants to further deepen the relationship with this investment and continue to share knowledge with a unique and leading technology company in the field of heating systems,” says Robert Blom, Investment Director Eneco Ventures.
Read the entire press release by Gradyent here.