Investment & Fund Management
aedifion secured an equity investment from World
Full Credential Description
aedifion, a company based in Köln, Germany, specializes in enhancing the energy efficiency of large commercial buildings through advanced AI-based control algorithms. The buildings sector is a significant contributor to carbon emissions, primarily due to heating, cooling, and electricity consumption. To address this, aedifion offers a solution that requires no physical renovations or retrofitting; instead, it focuses on data collection and analysis to optimize existing systems.
The company's approach involves creating a virtual model of a building by compiling data from all its systems. This data is then analyzed to identify faults and inefficiencies, allowing for the implementation of modern control algorithms that can lead to energy efficiency improvements of up to 40%. For instance, aedifion has discovered that many buildings operate their air handling units unnecessarily during weekends, and by optimizing this operation, significant energy savings can be achieved. Additionally, the company advocates for data-driven maintenance of air filters, which can further enhance efficiency by aligning maintenance schedules with actual usage patterns rather than fixed intervals.
In late 2022, aedifion secured an equity investment from World Fund, a venture capital firm supported by the European Investment Fund (EIF) under the InvestEU program. This funding is intended to facilitate the development of their product and support business expansion. With over 75 customers, aedifion is committed to contributing to Europes sustainability goals, emphasizing that buildings can play a crucial role in achieving net-zero emissions through flexible energy consumption management.