Prop-tech startup Aedifion raised a €12M (~$13M) Series A round.

 

Prop-tech startup Aedifion raised a €12M (~$13M) Series A round. 

The funding round was co-led by Word Fund and BeyondBuild and saw participation from the family office of SAP's founders, MOMENI Venture, BitStone Capital, and Phoenix Contact Innovation Ventures. 


  • Aedifion offers a cloud management platform that enables commercial building operators to monitor, manage, and reduce energy usage. 
  • The platform leverages AI to monitor and track HVAC systems and considers factors like weather forecasts and the building's thermal capabilities to  
  • It claims to help its customers reduce their energy expenditure by up to 40%. 
  • The Germany-based startup intends to use the funding to develop the platform further and expand to new markets such as the U.K., France, and Nordic countries.

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