# Micropelt

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

- Industry: Electronics
- Headquarters: Freiburg im Breisgau, Germany
- Website: www.micropelt.com
- Total disclosed funding: $6M
- Latest round: Series A (Mar 29, 2006)
- Investors on record: 3

## About

Micropelt GmbH specializes in intelligent thermostat solutions that enhance energy efficiency in buildings, focusing on optimizing energy consumption through innovative technology and occupancy detection.Founded in 2006, Micropelt GmbH operates from Freiburg im Breisgau, Germany, and develops advanced thermostat solutions. The company has raised EUR 2 million from investors Ludgate Investments and Wika Instruments Limited in 2014. Micropelt has completed 3 deals to date, with its latest funding round on June 3, 2014, supporting its growth in energy-efficient technologies.Micropelt specializes in the development and marketing of intelligent thermostat solutions designed to enhance energy efficiency in buildings. The core product offerings include a range of LoRaWAN-enabled thermostats, such as the MLRTPS, MLRTS, and MLR003 series, which facilitate automatic temperature regulation based on occupancy detection. These thermostats contribute to improved comfort while optimizing energy consumption through smart occupancy plans, ultimately reducing carbon dioxide emissions and heating costs. The company utilizes energy harvesting technology to enhance sustainability by generating small amounts of electrical energy from environmental conditions like heat, sunlight, and vibrations, serving both commercial and residential clients looking to implement sustainable building technologies.Micropelt generates revenue through direct sales of its thermostat products to both B2B and B2C markets. The company engages in transactions with distribution partners, wholesalers, and direct retail channels, allowing broad access to its products. Customers can purchase individual units or larger procurement agreements, which may include subscription services for ongoing software updates and maintenance support. The flagship MLRTPS LoRaWAN thermostat is a key product that caters to eco-conscious consumers and businesses, forming a significant portion of the company’s revenue stream.Micropelt plans to leverage the EUR 2 million raised from its most recent funding round in June 2014 to support the launch of new products and expand into new geographical markets. The company aims to introduce additional thermostat models designed for enhanced energy efficiency over the next two years. Future expansion is targeted at the European market, where demand for smart building solutions is increasing. By focusing on these initiatives, Micropelt intends to strengthen its market presence and further promote sustainable technologies.

## Funding rounds

- Series A, Mar 29, 2006, $6M — KfW Banking Group, SHS Gesellschaft fur Beteiligungsmanagement, L-Bank

## Investors

- KfW Banking Group — Series A
- SHS Gesellschaft fur Beteiligungsmanagement (https://capitalatlas.ai/funds/shs-gesellschaft-fur-beteiligungsmanagement) — Series A
- L-Bank — Series A