SolidWatts is thrilled to announce the successful closing of its pre-seed investment round of €850,000. The round was led by Evercurious VC, with the participation of Switzerland’s Kickfund and prominent angel investors. This funding marks a significant milestone in our mission to revolutionize industrial heating processes and drive sustainability in global industries.

The capital infusion will enable SolidWatts to accelerate its product development towards Megawatt power levels to meet the growing demand for more efficient and less polluting forms of large-scale industrial heating.

“This investment empowers SolidWatts to accelerate the development and deployment of our technology, helping industries significantly reduce their reliance on fossil fuels and slash CO2 emissions,” said Dr. Markus Aicheler, CEO of SolidWatts. Industrial heating processes account for 20% of global energy demand and 10% of worldwide CO2 emissions, producing 3.6 billion tonnes annually. Electrifying even 1% of these processes using SolidWatts’ Radio Frequency technology could eliminate 36 million tonnes of CO2 each year - the equivalent of removing 7.8 million cars from the road.

In the coming months, the company aims to recruit specialist engineering and business talent, and strengthen partnerships with key industry players to broaden market reach and accelerate the transition to clean, electrified industrial processes.

About SolidWatts
SolidWatts was founded in 2022, aiming to revolutionize industrial heating processes with state-of-the-art solid-state Radio Frequency technology. Offering unprecedented efficiency its products enable industries to transition from fossil fuels to clean energy solutions, contributing to a greener planet.

About Evercurious VC
Evercurious VC is an Athens based venture capital firm, founded by engineers turned investors. The firm invests in European early-stage deep tech companies and is committed to back purpose driven founders who develop defensible technologies to tackle global challenges. Learn more at evercurious.vc.