Enerdrape wins CHF 150,000 to advance contemporary heating and cooling solutions for smart cities

16.06.2021

Enerdrape helps buildings save energy and reduce greenhouse gas emissions with a simple and clean solution that does not require any drastic infrastructure changes: The cleantech startup develops the first panel-like technology that can capture geothermal and residual heat from underground environments. The innovative energy panels are easy to install and offer a low-carbon and cost-effective energy solution, strengthen renewable energy sources, and increase asset value. Enerdrape will use the CHF 150,000 to advance pilot developments, close partnership deals, and expand the team.

VentureChallenge_LI.jpg
The Enerdrape co-founders (from left to right): Margaux Peltier (CEO), Prof. Lyesse Laloui (key advisor), and Dr. Alessandro Rotta Loria (CTO)
Fifty percent of the energy consumed in Europe is used for the heating and cooling of buildings and contributes to 40% of CO2 emissions. Increasingly, the supply of renewable thermal energy for new and existing buildings is a priority. However, high costs, complex installation processes, and a lack of efficient renewable heat sources limit the energy transition of buildings and cities. 

Enerdrape fosters the decarbonization of the building sector: The startup’s patented panel diversifies, simplifies, and enlarges access to shallow geothermal energy potential as a renewable heat source for cities. Enerdrape provides the first modular, prefabricated and scalable geothermal panel technology that allows turning all new and existing underground infrastructures into renewable sources for buildings’ heating and cooling needs. With this solution, the EPFL spin-off based in Lausanne offers energy professionals and building owners a low-carbon, cost-competitive, and easy-to-install solution to increase the use of on-site renewables and ultimately save CO2 emissions. Enerdrape will first target underground car park applications and the commercial segment, which results in a potential market of CHF 40 million in Europe.  When expanding to other market segments, such as residential and other technology applications, the market is predicted to reach CHF 20 billion globally.

Enerdrape was co-founded by Margaux Peltier (CEO), Dr. Alessandro Rotta Loria (CTO), and Prof. L. Laloui (key advisor). In April, Enerdrape won the Startup Champions Seed Night at EPFL. The cleantech startup will use the CHF 150,000 to advance pilot developments, close partnership deals, and expand the team. “Venture Kick provided us with extensive visibility and support to grow our network and find a path in the value chain. The kicks from Jordi at the Kickers Camp were memorable and very helpful! Venture Kick laid the foundation for our future market entry with a solid pipeline with relevant partners and customers,” said Margaux Peltier, Enerdrape co-founder and CEO. 


The Enerdrape co-founders (from left to right): Margaux Peltier (CEO), Prof. Lyesse Laloui (key advisor), and Dr. Alessandro Rotta Loria (CTO)

Additional Links