Thermosphr completes pre-seed round

The Berlin-based proptech was able to convince Carsten Maschmeyer as well as Wi Venture and High Rise Ventures in the financing round.

Founded in 2020, Thermosphr still has its commercial launch ahead of it and intends to use the money from its current pre-seed financing round to achieve this. The amount is not known. The round is led by venture capitalist Wi Ventures, which focuses on sustainable investments, and also includes Seed + Speed Ventures, Carsten Maschmeyer's early-stage investor, as well as High Rise Ventures, an investor specializing in proptechs. Business angels "from the real estate sector" are also participating, according to a press release.

"The support of first-class investors such as Wi Venture and seed + speed Ventures is confirmation of the importance of our commitment to sustainable real estate," says Thermosphr founder Nicolas Le Borgne. Together with Mark Aaron Chan, who is CTO, he founded the proptech to "bring about a comprehensive change in the real estate industry." Thermosphr develops SaaS solutions for the optimization of space heating, ventilation and air conditioning (HVAC) in commercial properties that do not require complex installation. They are designed to enable systems to be optimized in real time. The start-up promises that this will save owners money and, above all, help to reduce environmental pollution.

"HVAC controls need to be constantly adjusted and corrected to adapt to a building's thermodynamics and weather conditions. Currently, building management systems offer a limited number of rules to respond to problems," explains CTO Chan. "But efficient control is more about preventing these problems from occurring in the first place."