Pully-based SolidWatts has secured €850k in pre-Seed funding to accelerate its groundbreaking industrial heating technology, marking a significant step towards sustainable manufacturing. The investment, led by Evercurious VC, signals growing investor interest in clean energy solutions that can dramatically reduce global carbon emissions.
Co-founded in 2022 by Dr. Markus Aicheler and Dr. Jan W. Kovermann, SolidWatts aims to transform industrial heating through advanced solid-state Radio Frequency (RF) technology. Their innovative approach addresses critical challenges in traditional industrial heating processes, offering a more efficient and environmentally friendly alternative.
Technology and Impact
SolidWatts’ technology represents a leap forward in dielectric heating, achieving over 85% energy efficiency – double that of traditional vacuum tube systems. The startup’s modular platform can scale from 10 kW to megawatt levels, opening new possibilities for industrial heating across multiple sectors.
Key Environmental Statistics
The potential impact is substantial:
- Industrial heating accounts for 20% of global energy demand
- Responsible for 10% of worldwide CO2 emissions (3.6 billion tonnes annually)
- Electrifying just 1% of these processes could eliminate 36 million tonnes of CO2 annually
Funding and Future Plans
The €850k investment will enable SolidWatts to:
- Develop products towards Megawatt power levels
- Recruit specialist engineering and business talent
- Strengthen industry partnerships
Implications for Tamil Nadu Startup Ecosystem
While SolidWatts is a Swiss startup, its approach offers valuable insights for emerging clean technology ecosystems like Tamil Nadu. The success demonstrates:
- Potential for deep-tech climate solutions
- Importance of scientific innovation in addressing global challenges
- Attractiveness of sustainable technology to global investors
Investor and Founder Perspectives
Dr. Markus Aicheler, CEO, emphasized: “This investment empowers SolidWatts to accelerate our technology, helping industries significantly reduce fossil fuel reliance and CO2 emissions.“
Looking Forward
SolidWatts is not just developing a technology; it’s creating a pathway for industrial decarbonization. By providing a scalable, efficient heating solution, the startup is positioning itself at the forefront of the global transition to cleaner industrial processes.
