Voltan Energy Raises EUR2.5M in Second Financing
- Voltan Energy, a Helsinki, Finland-based developer of a heating and cooling service based on ground source heat energy raised €2.5 million in its second round of financing
- Backers included Holdix Oy Ab, Turret Oy Ab and Timo Soininen, who had previously been shareholders in the company, participated in the financing round
- These funds will be used to strengthen the sales organization and also to build the heating and cooling systems themselves
- VoltanEnergy is challenging district heating with its new type of heating and cooling service based on ground source heat energy
- The system brings individual apartment buildings lifecycle savings of hundreds of thousands of euros and enables cooling in their homes
