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CAELI ÉNERGIE RAISES €10M TO SUPPORT BUSINESS DEVELOPMENT

Deals / 07 September 2023

Caeli Énergie, an energy transition startup specializing in deeptech, is on a mission to replace polluting air-conditioning systems with low-carbon technology designed entirely in France. The company has just closed its second fundraising round, reaching a total of 10 million euros this Tuesday, September 5, 2023. 

Caeli Énergie, an energy transition startup specializing in deeptech, is on a mission to replace polluting air-conditioning systems with low-carbon technology designed entirely in France. The company has just closed its second fundraising round, reaching a total of 10 million euros this Tuesday, September 5, 2023. The deal was jointly led by Asterion Ventures, Rise PropTech as well as Starquest and Bpifrance, both advised by Joffe & Associés (Thomas Saltiel, Charlotte Viandaz and Carla Ferron). The funds raised will be used to accelerate the production of their latest-generation products and to expand their commercial activities in France, and subsequently throughout Europe.

 

After developing several prototypes, Caeli Énergie took charge of the industrialization process itself. Rémi Perony points out that “not all the industrial partners we approached could fully satisfy our specific requirements”. The current objective is to improve the efficiency of its industrial process and, above all, to reduce costs with a view to the commercial launch scheduled for 2024. After successfully raising 2.1 million euros in January 2022 for the development of prototypes, the company has just completed a second round of funding.

 

It recently secured 10 million euros in financing from investors including Asterion Venture, Starquest, the French Tech Seed fund (managed by Bpifrance on behalf of the French government as part of France 2030). The company currently has 19 employees and aims to achieve sales of one million euros by 2024. To accelerate its growth, it also plans to recruit 15 people over the next 18 months.

 

Caeli Énergie has developed a revolutionary patented technology in partnership with the CNRS. Their air conditioner, manufactured in France, is based on indirect dew-point adiabatic technology. This technology operates without the need for refrigerant, without heat emission to the outside, and without the need for an external cooling unit. What’s more, its energy efficiency is five times greater than that of the best air conditioners currently on the market.

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