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.