Enerdrape, a Vaud, Switzerland-based startup pioneering prefabricated geothermal panel technology, has just closed a seed round of 1.3 million Swiss francs (approximately $1.5 million). Swiss investors, including Après-demain and Romande Energie through the GeneRActions Planet initiative, led the seed funding round, aligning with enerdrape's vision of a sustainable future.

Founded by Margaux Peltier, Dr. Alessandro Rotta Loria and Prof. Lyesse Laloui, enerdrape has developed prefabricated geothermal panel technology that converts underground structures, such as garages or tunnels, into renewable sources of heat and cooling energy without the need for drilling. These panels are modular, thin, flexible, made of recyclable materials and compatible with heat pumps.

"This CHF 1.3 million capital injection demonstrates our investors' confidence in enerdrape's mission and potential. It will propel the company to expand its business, enhance its product offering and strengthen its team by bringing in new talent. This not only enhances the success of our seed round, but also opens the door to exciting possibilities to come in our Series A funding journey," Margaux Peltier, CEO and co-founder of enerdrape, said.

The additional capital infusion will be used to strengthen enerdrape's product development efforts and contribute to the strategic enhancement of the existing team. This financing milestone will bring the company's total fundraising to more than CHF 2 million, following enerdrape's success in 2022 with CHF 500,000 in support from prestigious organizations such as the Swiss Climate Foundation and Fondation pour l'Innovation et la Technologie (FIT) , and received accolades through the Venture and PERL awards.

"The investment in enerdrape reinforces our commitment to the energy transition through GeneRActions Planet. With its innovative geothermal panel technology, enerdrape has the potential to revolutionize the energy industry and we congratulate Margaux on its disruptive invention," Thierry Mauvernay, President and shareholder of Après-demain SA, commented.

"We have been following the startup since the early days of enerdrape's creation and are very interested in this form of geothermal energy that fits perfectly with Romande Energie's proposed energy efficient solution to decarbonize the region," Paolo Pizzolato, head of venture capital at Romande Energie, added.

Romande Energie is also involved in geothermal exploration in several areas of Switzerland, such asLausanne (city in Switzerland).Lake Lemancap (a poem)Lavelle-Le-BanThe

For more information on enerdrape's geothermal panel technology, watch the following video posted by enerdrape:

Source:Enerdrape

EnerdrapeA startup based in Vaud, Switzerland pioneering pre-fabricated geothermal panel technology, has just concluded a CHF 1.3 million (approx. UD 1.5 million) seed financing round. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie led the seed round, aligning themselves with enerdizing the company. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie led the seed round, aligning themselves with enerdrape's vision for a sustainable future.

Founded by Margaux Peltier, Dr. Alessandro Rotta Loria, and Prof. Lyesse Laloui, enerdrape has developed the technology for pre-fabricated geothermal panels that can turn underground structures, such as garages or tunnels, into renewable sources of thermal energy for heating and cooling without drilling. The panels that can turn underground structures, such as garages or tunnels, into renewable sources of thermal energy for heating and cooling without drilling. The panels are modular, thin, flexible, made of recyclable materials, and compatible with heat pumps.

"This CHF 1.3 million injection is a testament to the confidence our investors place in enerdrape's mission and potential. It propels the company to scale operations, enhance product offerings, and strengthen the team with new talents. propels the company to scale operations, enhance product offerings, and strengthen the team with new talents. This not only enhances the success of our seed round but also opens doors to the exciting possibilities that lie ahead in our Series A journey," said Mr. Kennedy. said Margaux Peltier, CEO & Co-Founder of enerdrape.

The additional capital injection is earmarked to fortify enerdrape's product development efforts and contribute to strategic enhancements within the existing team. This funding milestone propels the company's total fundraising past the CHF 2 million, following a successful 2022, during which enerdrape secured CHF 500'000 in support from respected organizations such as the successful 2022, during which enerdrape secured CHF 500'000 in support from respected organizations such as the Swiss Climate Foundation and Fondation pour l'Innovation. and Fondation pour l'Innovation et la Technologie (FIT), and accolades through the >>Venture>> and PERL awards.

"The investment in enerdrape strengthens our commitment to energy transition through GeneRActions Planet. With its innovative geothermal panel technology, enerdrape has the potential to revolutionize the energy sector, and we congratulate Margaux on her disruptive invention. With its innovative geothermal panel technology, enerdrape has the potential to revolutionize the energy sector, and we congratulate Margaux on her disruptive invention," she said. " commented Thierry Mauvernay, President and Shareholder of Apres-demain SA.

"We have been following the start-up since its early days, highly interested in this form of geothermal energy that aligns perfectly with the deployment of energy-efficient solutions that Romande Energie is proposing to decarbonize the region," added Paolo Pizzolato, Head of Venture Capital at Romande Energie.

Romande Energie is also involved in geothermal exploration efforts in several parts of Switzerland such as in Lausanne, Lac Leman, and Lavey-les-Bains.

For more on how enerdrape's geothermal panel technology works, watch the video below that has been published by enerdrape.

Source. Enerdrape