
Clim8
Clim8 is poised to stand at the forefront of intelligent thermal clothing.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
£2.7m | Convertible | ||
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (47 %) | 252 % | 42 % | 15 % | 27 % | 16 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (6 %) | (54 %) | - | (21 %) | - | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | (1 %) | (7 %) | (36 %) | - | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Clim8, established in Lyon, France, in 2016, operates as a B2B ingredient brand specializing in personalized thermoregulation technology for smart clothing. The company was founded by Florian Miguet, who serves as CEO, alongside Julien Guéritée, a PhD in thermophysiology, and Pierre Mouette, an IoT specialist. Miguet’s background as a former high-level athlete and his career in the sports business, including roles at Intersport and as General Manager for Asia-Pacific for brands like Dynafit, provided foundational knowledge for the venture. Guéritée's expertise came from his work with the French Ministry of Defense, and Mouette brought specialized knowledge in IoT.
Clim8's business model is centered on partnering with leading apparel brands to integrate its patented technology into their products. This collaborative approach allows Clim8 to embed its heating systems into garments for various markets, including outdoor sports, motorsports, workwear, and snow sports. The company makes money by licensing its technology to these partner brands, which include well-known names like The North Face, Odlo, Burton, Ixon, and Mechanix Wear. In 2023, Clim8 announced a strategic partnership with the Chamatex Group to move from small-series production to large-scale, local industrialization of its technology.
The core of Clim8's offering is an intelligent, app-controlled heating technology that provides active and automated thermoregulation. Tiny sensors embedded in the clothing monitor the wearer's skin temperature in real-time. The system's algorithm analyzes this data along with the user's profile (age, gender, cold sensitivity), activity level, and environmental temperature to activate and adjust heat only when needed. This ensures personalized comfort without manual intervention. Users can further customize their experience through a dedicated mobile app, which also receives updates to improve functionality over time. In 2023, the company expanded its expertise by participating in the ARMETISS program, funded by the European Union, to develop an active cooling system for military applications. It also launched Digitag, a Digital Product Passport solution for the apparel industry, which won an ISPO Award in 2023.
Keywords: thermoregulation, smart clothing, e-textiles, wearable technology, ingredient brand, IoT apparel, intelligent heating, personalized comfort, B2B licensing, active cooling