Tresorio
Eveloped a strong knowledge about mining cost optimization, waste heat recovery and crypto portfolio management.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €480k | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2020 | 2021 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 86 % | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (36 %) | 19 % | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (90 %) | (225 %) | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Tresorio, founded in 2016, operated as an eco-friendly distributed cloud platform with a mission to offer a responsible and sovereign cloud alternative. The company's core concept was to repurpose the significant heat generated by data processing and cryptocurrency mining. One of its notable projects involved a water heater that utilized the heat produced from Bitcoin mining calculations. This approach aimed to create a digital ecosystem that was both efficient and environmentally conscious.
The firm provided services such as secure data hosting, support for training artificial intelligence models, accelerated 3D rendering, and virtual PCs for gaming. Its business model centered on providing an affordable and accessible alternative for computing power and data storage. The platform was designed to serve clients seeking powerful and reliable cloud services while being mindful of their ecological footprint.
Based in Metz, France, Tresorio participated in an accelerator program in January 2018 and secured a seed funding round in July 2019. However, the company ceased operations and entered into liquidation proceedings on July 11, 2023.
Keywords: eco-friendly cloud, green computing, distributed cloud, data center heat recovery, sustainable cloud services, cloud computing, data storage, virtual PC, 3D rendering, AI model training, responsible cloud, sovereign cloud, Metz France, cryptocurrency mining heat, Bitcoin water heater