Cloud&Heat Technologies GmbH, specialist in the area of water cooled data center solutions and experienced expert in the operation of secure Cloud solutions receives new capital. The financing round is being led by INVEN CAPITAL, a subsidiary of Czech energy provider ČEZ. Also, VNG Innovation GmbH, a 100 percent subsidiary of Leipzig VNG – Verbundnetz Gas AG, which already invested in the Saxon start-up at the end of last year, increases its investment in Cloud&Heat in the current financing round.
“We are very proud to have closed this financing round successfully and to have found an experienced strategic partner in INVEN CAPITAL“, says Nicolas Röhrs, CEO of Cloud&Heat Technologies GmbH. “With the new substantial capital, we will expand our market position, realize newly won projects faster than planned and do first steps on international terrain. Concrete talks have already been held with interesting partners from Japan and Scandinavia. Our future focus lies on the USA,“ explains Röhrs further.
“With our investment in Cloud&Heat Technologies we are further developing our activities in the decentralized energy space and smart solutions for customers. We expect that this investment will broaden our IT know-how while at the same time being deployed in the heating sector where we are proficient. The ČEZ Group has acquired a minority stake including an advisory board seat,” Daniel Beneš, CEO of ČEZ comments on the investment.
Based on own energy and cost-efficient hardware, Cloud&Heat develops and implements individual data center solutions and cloud infrastructures. The highlight: Thanks to an energy-saving water cooling, the waste heat from the servers is efficiently dissipated from the heat hotspots and used to heat real estate. “With our innovative water cooling system, we can dispense with other cooling systems and significantly reduce the operating costs of data centers equipped with our servers. At the same time, a large amount of CO2 can be saved – this is not only economically profitable, but also makes a great contribution to environmental protection,” says Röhrs.
The involved parties have maintained silence about the size of investment.
2009: Dr. Struckmeier and Prof. Dr. Fetzer have the idea to use server waste heat to heat real estate.
2011: After years of research the company is founded – initially under the name AoTerra – and the idea patented.
2013: Crowdfunding success: 883 investors invest a 1 million Euro into the young company.
2014: 108 sold server racks in Germany.
2015: Cloud&Heat introduces latest server rack generation „Datacenter in a Box“ for the secure, reliable operation of a Private Cloud for companies. Thanks to a highly efficient, direct water cooling system, the server waste heat can be led away and used for heating real estate.
2015 + 2016: Win of the Deutsche Rechenzentrumspreis for the innovative energy- and cost-efficient concept.
2016: For Envirotech Solutions from Norway, Cloud&Heat has developed the world’s first water cooled mobile datacenter. The data center in the 20 feet sea container can be located according to demand and can be expanded by additional container units flexibly. The waste heat is led into the local or district heating network.
2017: For the second half of the year, the launch of three sites for innogy SE and its subsidiary VSENet is planned. Based on innogy‘s own glass fibre ring, the sites will be connected to a high-performant fail-safe Private Cloud.
Cloud&Heat is living the German Way of Cloud and offers customized Private and Public Cloud solutions based on own high-efficient, water cooled hardware and powered by OpenStack. Thus, Cloud&Heat meets highest requirements concerning reliability, data protection, and process stability. Thanks to an innovative hot water cooling system, the server waste heat is used to heat office and business premises. This leads to record-breaking low energy values and to a cut of the operative costs of up to 50 %. Cloud&Heat is passing on the many years of experience in the operation of data centers and OpenStack to their customers: from the construction of ready-to-use, scalable data centers over the operation and maintenance of software and hardware to trainings and consulting on individual OpenStack projects.
About INVEN CAPITAL
INVEN CAPITAL is the venture capital arm of ČEZ. INVEN CAPITAL’s strategy is to identify opportunities for investing in innovative smart energy firms in Europe. It targets later stage growth opportunities with business model proven by sales and with significant growth potential. INVEN CAPITAL’s objective is to generate long-term value by actively cooperating with the management of the companies in which it invests and by actively supporting strategies for organic and/or acquisition growth. INVEN CAPITAL’s portfolio companies can take advantage of ČEZ’s extensive energy sector expertise, its customer base, and technology synergies.