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Cartesian logo — Thermal energy flexibility for the green transition

Cartesian

Thermal energy flexibility for the green transition

Founded 2023 Norway Norway 8 employees Grant Total: $31.00M Energy Efficiency, Energy Storage

General Information

Company Name Cartesian
Founded Year 2023
Location Norway Norway
Employees 8
Industries Energy Efficiency, Energy Storage
Funding Stage Grant
Social

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About Cartesian

Cartesian is a Norwegian startup specialized in providing modular and cost-effective energy storage systems for large heating and cooling systems. The company's mission is to contribute to the green transition by offering thermal energy flexibility. Their solutions aim to help optimize energy usage to balance grid capacity and save surplus energy for later use. These systems are the result of 10 years of research and development on thermal energy storage at SINTEF, one of Europe's largest independent research organizations. With their focus on energy efficiency and storage, Cartesian is set to make a significant impact on the energy sector. The startup was founded in 2023 and has already received a kr8.00M grant investment on 23 February 2024 from Innovation Norway and the Norwegian Research Council. With their innovative approach and recent financial backing, Cartesian is well-positioned to continue driving advancements in energy technology.

Business keywords: Thermal energy storage, Energy efficiency, Renewable energy, Sustainable technology, Grid capacity optimization, Carbon footprint reduction, Waste heat recovery, Modular energy storage systems, Low-temperature energy storage, Peak shaving, Load shifting, Heat storage, Cooling systems, Research and development, Sustainable energy solutions

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Grant kr8.00M 2
Innovation Norway
Innovation Norway, Norwegian Research Council
23 Feb 2024
Seed Round kr23.00M 3
Eviny Ventures
Eviny Ventures , Kongsberg Innovasjon +1
23 Feb 2023

Latest News

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Amazon is looking for the next generation of climate tech startups — Sifted
Amazon is looking for the next generation of climate tech startups
Sifted Jun 15, 2026

Cartesian Alternatives & Competitors

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Cartesian vs
i-TES srl
i-TES srl Italy

i-TES, discovers your hidden energy!

Venture round
10 employees
Energy, Renewable Energy
Cartesian vs
Svea Solar
Svea Solar Sweden

Power is Shifting

Series B
637 employees
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Cartesian vs
Inspirit Energy Ltd
Inspirit Energy Ltd

Waste Heat Recovery

Post-IPO Equity
1 employees
Energy, Energy Efficiency
View all alternatives

FAQ About Cartesian

Thermal energy flexibility for the green transition
Cartesian was founded in 2023.
Cartesian is headquartered in Norway.
Cartesian operates in Energy Efficiency and Energy Storage. Its work centres on Thermal energy storage, Energy efficiency, Renewable energy and Sustainable technology.
Cartesian has approximately 8 employees.
Cartesian has completed 2 funding rounds, raising a total of $31.00M. The latest funding stage is Grant.
Top alternatives and competitors to Cartesian include i-TES srl, Svea Solar, Inspirit Energy Ltd, HESStec (Hybrid Energy Storage Solutions Ltd), InterGrid. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cartesian and i-TES srl are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cartesian, https://bouncewatch.com/company/cartesian, updated 21 October 2024. When citing, please name BounceWatch and link this page.

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