Helsinki’s Kiilto Ventures has announced a strategic investment in the Burgdorf-based Cleantech startup Yuon Control AG. This investment is set to catalyze the market adoption of Yuon’s pioneering heating control system, which boasts predictive and self-learning capabilities aimed at enhancing the efficiency of heating networks.
Yuon’s innovative technology stands out by potentially reducing energy consumption and CO2 emissions by up to 25% compared to conventional heating control systems. This breakthrough aligns with the European Union’s ongoing efforts to decarbonize heating, which remains the predominant energy use in households, accounting for 64.4% of the residential sector’s final energy consumption in 2021.
Dr. Sebastian Hersberger, CEO & Co-Founder of Yuon, emphasized the urgency of optimizing heating systems, stating, “With the focus shifting from electricity to heating networks, our goal is to revolutionize heating control systems. Our software is designed to operate district heating networks with heightened efficiency, thereby directly contributing to CO2 emission reduction and supporting the transition to net-zero emissions.”
Yuon’s robust software provides utility providers with advanced tools to fine-tune their heating grids, resulting in improved performance, reduced emissions, lower operational costs, and better-informed business decisions. Hersberger further expressed ambitions to establish Yuon’s system as the new European standard for heat management.
The startup’s positive impact on the built environment has not gone unnoticed. Matti Rönkkö, Head of Kiilto Ventures, praised Yuon’s achievements, expressing confidence in the startup’s potential to scale their solution globally, beginning with Central Europe. “We are thrilled to support Yuon’s efforts, which we believe can significantly contribute to a better built environment,” said Rönkkö.
Yuon’s success was recently highlighted when it secured the top position at the 2023 ClimateLaunchPad Regional Final Europe, a testament to its innovative and impactful green business model.
Kiilto Ventures, the venture capital arm of Kiilto, focuses on supporting early-stage startups addressing the critical challenges of the built environment, which is responsible for a substantial 39% of global energy-related carbon emissions.
Yuon Control AG offers a cutting-edge solution that creates a digital model of the heating grid and connected buildings, leveraging real-time, AI-based automation. This approach includes the integration of data such as weather patterns and consumption forecasts to optimize heating networks effectively.
With this strategic partnership, Kiilto Ventures and Yuon are poised to make significant strides in the quest for energy-efficient and environmentally friendly heating solutions.