Get ready to meet Vilisto, the Hamburg-based climate tech startup that is turning heads in the industry. In a groundbreaking Series A funding round, the company secured an impressive €5 million to propel its mission forward. Vilisto has set its sights on non-residential buildings, offering a game-changing smart thermostat that has proven to slash heating energy consumption by a remarkable 32%, making a significant impact on reducing CO2 emissions.
The majority of the funding was spearheaded by Amsterdam-based VC SET Ventures, with Hamburg's E.R. Capital Holding also joining the round. While the market for smart thermostats may seem crowded, Vilisto stands out from the competition with its winning combination of simplicity and efficiency. Here's where the magic happens: Vilisto's solution incorporates cutting-edge sensors within the thermostat, capable of detecting motion, light, and sound levels. Pair that with self-learning algorithms, and you have a recipe for success. The best part? Implementation is a breeze. It takes just minutes to integrate Vilisto's solution into existing operations, without the need for construction or complex IT integration.
The results speak for themselves. Over 200 customers, including companies and municipalities, have embraced Vilisto's innovative solution across a staggering 35,000 buildings. The outcome? A substantial 32% reduction in energy consumption for heating bills, unlocking both environmental and financial benefits.
In conclusion, Vilisto's transformative approach to climate tech is a breath of fresh air. With their smart thermostat revolutionizing energy efficiency in non-residential buildings, the company is paving the way for a greener future. The recent funding injection will undoubtedly propel Vilisto's mission forward, enabling more organizations to embrace sustainable practices and make a tangible difference. Stay tuned as Vilisto continues to lead the charge in the climate tech landscape, offering innovative solutions that shape the world we live in.
Vilisto’s co-founder and CEO Christoph Berger commented “We’re primed for exponential growth”
“Through this funding and collaboration with knowledgeable and experienced investors like SET Ventures and E.R. Capital Holding, we are prepared for the next chapter. Our technology has proven its effectiveness and saving potential many times over. We strive to use our leading position in the market to further improve the energy efficiency of the building sector in Germany and the EU.”