Based in Darmstadt, Germany, etalytics, an AI-driven energy management company has secured €8 million in a Series A funding round led by Alstin Capital, with investments from ebm-papst and TF H IV Technologiefonds Hessen GmbH & Co. KG, a fund managed by Beteiligungs-Managementgesellschaft Hessen mbH.
With the raised capital, the company plans to expand its global footprint, enhance its flagship product, etaONE, and accelerate the adoption of sustainable energy solutions across cooling, heating, and ventilation systems in data centres, healthcare, and automotive industries.
Addressing the market need: soaring energy costs and sustainability targets
New EU regulations and escalating energy prices force companies to optimise energy efficiency and maintain robust infrastructure simultaneously. The etalytics etaONE platform tackles this challenge through innovative real-time data analytics that reduces energy costs, emissions, and operational inefficiencies.
The platform’s effectiveness has been demonstrated in complex industrial HVAC systems, and major market players like Equinix, Digital Realty, NTT Data, and Volkswagen have embraced it.
Behind etalytics’ and its innovative technology
Founded in 2020 by Dr Niklas Panten, Dr.-Ing. Thomas Weber and Björn Scheurich, etalytics emerged as a spin-off from the Technical University of Darmstadt. The company focuses on developing AI-driven software solutions to optimise energy efficiency and reduce CO2 emissions across various industries.
The platform stands out for its high configurability, offering adaptable modules for real-time monitoring, energy optimisation, and condition monitoring that clients can customise to their specific operational needs.
Niklas Panten, CEO and co-founder, explained the core technology to TFN: “etalytics enhances its AI-driven energy management solutions through a unique hybrid approach that combines AI and physical model predictive control using digital twin technology. This integration enables highly robust analysis and optimisation of critical infrastructure, distinguishing etaONE® in the market.”
Unlike purely AI-based approaches that demand extensive datasets, etalytics’ method achieves high efficiency with comparatively limited data, ensuring precise simulations and real-time adjustments while maintaining operational safety and energy optimisation.
Panten further emphasised: “Our platform, etaONE®, fully supports ISO 50.001 standards for energy management. This integration ensures that our clients can achieve and maintain compliance with international energy management guidelines while leveraging the advanced capabilities of our AI tools.”
The future of energy management is set to be increasingly data-driven and automated
As industries continue to digitise, the widespread integration of IoT devices and smart sensors will enable more precise, real-time energy management.
Panten concluded: “Predictive maintenance will become increasingly crucial. etaONE’s predictive analytics will anticipate equipment failures and facilitate preventative maintenance to enhance system longevity. As regulations on energy consumption and emissions tighten, etaONE will simplify compliance reporting with detailed analytics, helping companies navigate complex regulatory requirements.”
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