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Fourdeg
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Short description

Provider of service to make better heating with less energy in water radiators heated buildings. And provider of district heating demand side management.

Founded in 2013
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Helsinki, Finland
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Updated by Markku Makkonen at Fourdeg Oy on 03/14/2021

Edited by Cleantech Group on 07/29/2021

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Date Company

City of Oulu City of Oulu

Confirmed by City of Oulu

Partnerships
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Date Partner Type
Vincit Vincit
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Confirmed by Vincit
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IPO INFORMATION

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IPO Type

Amount

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Source

Description

Date Investors Type Amount
07/25/2013 Butterfly Ventures Butterfly Ventures (1)
Post-money valuation of
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Fourdeg Smart Heating Service(R)

The service makes better heating with less heating energy ensuring right heating, right time to every room.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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