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EQON Raises $6.0M

Recently funded · $6.0M SeedOil, Gas, and MiningNOView source

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EQON, a startup aiming to make "the planet Earth the best version it can be through development of people and beautiful technology," has secured $6.0M in seed funding. The round saw participation from investors Azolla Ventures and Wilstar Innovate, providing a substantial capital injection for the early-stage company.

This seed investment will fuel EQON's initial efforts as it works towards its ambitious vision. The backing from Azolla Ventures and Wilstar Innovate signals confidence in EQON's approach to leveraging technology and human development for planetary improvement.

EQON, a Norwegian tech company, raised $6 million in seed funding led by Azolla Ventures and co-led by Wilstar Innovate. The capital will accelerate the international growth of its technology, which improves the efficiency of industrial heating systems and reduces energy consumption.

Led by Mikal Løvik, EQON's patented platform provides intelligent power regulation for heating cables. The solution aims to cut energy use and CO₂ emissions by up to 80%, supporting the global energy transition.More at: https://lnkd.in/eFVqZSdR#ClimateTech #EnergyEfficiency #Funding

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