Viridis Energy
Developing policies, strategies, and technologies to reconcile economic growth and environmental responsibility.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | - | |
| Total Funding | 000k | ||
Vetta Digital operates as a global industrial digitization company, functioning as the Center of Excellence for Industrial Digitalization within its parent, the German-based SMS group. The company's origins trace back to the 2020 merger of two Brazilian firms: Vetta Technologies, a digital solutions provider established in 2001, and Viridis Energy Solutions, founded in 2013. This strategic consolidation, orchestrated by SMS group, combined Vetta's expertise in digital transformation for the metals and mining sectors with Viridis's specialized energy and sustainability platform. The merged entity is managed by original founders Ricardo Giacomin and Dr. Thiago Turchetti Maia.
The firm's core business is to enhance operational efficiency, reduce energy consumption, and support decarbonization for heavy industries. It serves large, energy-intensive clients primarily in the metals, steel, aluminum, and mining sectors, with expansion into chemicals and pulp & paper. Vetta's business model revolves around providing a suite of integrated digital solutions that use AI, IoT, and advanced analytics to optimize complex industrial processes. Revenue is generated by deploying these technology solutions and providing specialized consulting services.
Vetta's flagship offering is the Viridis Energy & Sustainability Platform, an integrated system for managing energy, resources, and sustainability metrics. This platform connects to a client's existing operational systems—from smart meters to ERPs—to create a unified source of data. Specific applications within the suite include Viridis Performance for real-time asset monitoring; Viridis Carbon for tracking emissions; Viridis Dispatch for optimizing gas and energy flows in steel plants; and Viridis Demand for forecasting energy consumption to avoid utility penalties. By applying AI and machine learning, these tools deliver predictive analytics that help clients reduce costs, improve energy planning, and lower their carbon footprint.
Keywords: industrial digitalization, energy efficiency, decarbonization, sustainability platform, SMS group, Vetta Digital, operational efficiency, process optimization, heavy industry technology, metals industry, mining technology, AI analytics, energy management software, carbon footprint reduction, industrial IoT, predictive analytics, resource management, steel manufacturing, smart factory, Industry 4.0