Gradyent has raised €28 million in a growth funding round led by Blue Earth Capital to enhance its Digital Twin Platform for optimizing heating and cooling grids globally.

Overview of Gradyent

Gradyent, founded in 2019 and based in the Netherlands, specializes in optimizing heating and cooling grids through its advanced Digital Twin Platform. The company has shown remarkable growth, tripling its revenue within three years. Recently, Gradyent secured €28 million in a Series B funding round led by Blue Earth Capital, with participation from SEB Greentech Venture Capital, Capricorn Partners, Eneco Ventures, Helen Ventures, and Energiiq. These funds will be allocated to expand its innovative software solution and enhance its global operations.

The Digital Twin Platform developed by Gradyent creates a virtual representation of heating and cooling grids, leveraging geographical, weather, and sensor data alongside physics-based models and artificial intelligence. This technology empowers energy providers to optimize their systems, enhance operational control, and simulate future scenarios effectively.

Heating and Cooling Industry in the Netherlands

Heating and cooling systems are responsible for nearly 50% of global energy consumption. In the Netherlands, as in many countries, these systems are becoming increasingly integrated with multiple energy sources, including electricity and CO2 capture technolo