Cloud&Heat

Cloud-based computing, the waste heat of which is used to heat buildings and to heat water.

Launch date

Nov 2011

Employees

Market cap

Enterprise valuation

Company register number HRB 30549 (Dresden)

Dresden Saxony (HQ)

https://www.cloudandheat.com

https://twitter.com/cloudandheat https://www.facebook.com/cloudandheat https://www.linkedin.com/company/cloud-&-heat-technologies-gmbh

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Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	-	1.5m	2.1m	2.1m	2.2m	2.3m	2.4m
% growth	-	-	43 %	-	7 %	3 %	3 %
EBITDA	-	(2.6m)	(6.9m)	(3.9m)	-	-	-
% EBITDA margin	-	(177 %)	(327 %)	(186 %)	-	-	-
Profit	(3.7m)	(3.5m)	(7.8m)	(5.4m)	(6.4m)	-	-
% profit margin	-	(238 %)	(371 %)	(255 %)	(286 %)	-	-

Date	Investors	Amount	Round
-	Plug and Play Plug and Play Accelerator Arizona	N/A	-
May 2013	Seedmatch Felix Schaal	€1.0m	Seed
Jan 2015	Seedmatch Felix Schaal	€3.3m	Seed
Dec 2015	N/A	€850k	Seed
May 2017*	Shutterstock Inven Capital VNG Innovation	N/A	Seed
Sep 2018*	Inven Capital ETF Partners	€10.0m	Series B
Total Funding		€15.2m

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