# ETHERA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ethera

- Industry: Electronics
- Headquarters: Grenoble, France
- Website: www.ethera-labs.com
- Total disclosed funding: $3.9M
- Latest round: Series B (Mar 28, 2013)
- Investors on record: 3

## About

Ethera develops innovative solutions for indoor air quality, focusing on real-time monitoring and purification systems. Their products cater to diverse environments, ensuring compliance with stringent air quality standards.Ethera is focused on providing advanced indoor air quality solutions. The company is headquartered in Grenoble, France. Frederic Hammel serves as the CEO. In August 2017, Ethera raised EUR 1.55 mn in venture funding from SEB Alliance, bringing their total amount raised to EUR 1.55 mn and a current valuation of EUR 3.206 mn. Since its inception, the company has engaged in five significant deals.Ethera specializes in indoor air quality solutions, offering a comprehensive suite of products designed to monitor, analyze, and purify air within various environments. Their core offerings include continuous air quality analyzers, such as the NEMo series, which enables real-time monitoring of pollutants like formaldehyde, CO2, and particulate matter. They also provide a range of modular sensors customizable for specific sites. Ethera's air purifiers utilize proprietary PureTECH technology to efficiently capture harmful aerosols and have been tested against viruses, including SARS-COV-2. Their products target a diverse client base that includes commercial buildings, educational institutions, healthcare facilities, and public spaces, particularly in Europe where air quality regulations are strict. The company emphasizes actionable data through smart technologies, aligning with trends in smart building management and energy efficiency.In 2022, Ethera reported a revenue of EUR 1,053,710.40 and an EBITDA of EUR -1,659,985.10. Their revenue model is based on direct-to-consumer sales and B2B partnerships, supplying air quality solutions to enterprises and public organizations. They offer flagship products like the NEMo air quality monitoring systems and advanced air purifiers through customized service agreements that include maintenance and data analytics. Clients may subscribe to regular monitoring services or purchase equipment outright, often with options for modular upgrades. Compliance with local air quality regulations drives demand for their products in sectors such as construction and facility management, particularly given the increased focus on health and safety after the COVID-19 pandemic.Ethera plans to leverage recent funding from the EUR 1.55 mn raised in August 2017 to enhance product development and expand its market reach. The company is currently designing new products aimed at improving indoor air quality, with plans for launch in the coming year. Additionally, Ethera is focusing on expanding into new geographic markets across Europe, specifically targeting regions with stringent air quality regulations by 2024. This strategic expansion is intended to meet the growing market needs for air quality assurance.

## Funding rounds

- Series B, Mar 28, 2013, $2.2M — Demea Invest, SEB Alliance
- Series A, Mar 7, 2011, $1.7M — Demea Invest, CEA Investissement

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series A, Series B
- CEA Investissement (https://capitalatlas.ai/funds/cea-investissement) — Series A
- SEB Alliance (https://capitalatlas.ai/funds/seb-alliance) — Series B