STARTUP PROFILE

Solatom

Updated: 12/2020

Solatom

Spain / Valencia , Spain

Website

Angel/Seed 04/2020

Pitch

Industrial SMEs can save a third on heating costs with Solatom's patented, pre-assembled solar thermal system. Solatom is developing a hybrid solar-natural gas boiler.

Why

High energy costs

Thermal energy use in heat-intensive industry sectors represents over 70% of total production costs.

Limitations of renewable installations

Traditional solar installations are often built entirely on-site and are not scalable.

Environmental impact from industries

Europe's industrial sector is responsible for two-thirds of its total CO2 emissions.

Market

€4tn

Predicted global clean-tech energy market in 2020. Industrial heating consumes two-thirds of industrial energy demand and almost a fifth of global energy consumption.

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