Voltan Energy

Voltan Energy

Sustainable and affordable local heating and cooling solutions.

HQ location
Helsinki, Finland
Launch date
Employees
Enterprise value
$13m
Company register number
2436279-4
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DateInvestorsAmountRound
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Valuation: €0.0

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Buyout
Total Funding000k

Financials

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Revenues, earnings & profits over time
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More about Voltan Energy
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Voltan Energy, a Finnish company founded in 2020 by Richard Cawén and Miikka Lemmetty, specializes in providing sustainable heating and cooling solutions for large properties. The founders, with their background in the energy sector, identified a need for more efficient and environmentally friendly energy systems in the real estate industry. Their journey began with a mission to make geothermal energy more accessible and affordable for property owners.

The company operates on a comprehensive business model where it designs, constructs, finances, and operates geothermal heat pump systems. This model allows property owners to adopt sustainable energy solutions without the upfront investment, paying instead for the energy consumed. Voltan Energy primarily serves large properties, including commercial and residential buildings, helping them to reduce their carbon footprint and energy costs.

The core of their service is the implementation of ground source heat pumps, which utilize the stable temperature of the earth to provide heating and cooling. This technology is not only sustainable but also highly efficient, leading to significant long-term savings for their clients. The company also integrates its systems with other renewable energy sources like solar energy and district heating to create hybrid systems for optimal performance. In 2023, the company received a significant boost with €1.5 million in growth funding from Kiilto Ventures, followed by the acquisition of a majority stake by InfraRed Capital Partners, which will support its growth and expansion plans.

Keywords: geothermal energy, heat pump systems, sustainable heating, cooling solutions, large properties, energy financing, ground source heat, renewable energy integration, energy efficiency, cleantech

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