Sweetch Energy
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Sweetch Energy - overview
Established
2015
Location
-, -, France
Primary Industry
Renewable Energy
About
Based in Rennes, France, and founded in 2015 by Nicolas Heuzé (CEO), Pascal Le Melinaire, and Bruno Mottet (CSO), Sweetch Energy operates as a renewable energy company specializing in osmotic energy, which is the production of electricity from salt water. In December 2023, Sweetch Energy raised EUR 25 million in series A funding led by new investor Crédit Mutuel Impact, with participation from returning investors Compagnie Nationale du Rhone, Future Positive Capital, Go Capital, and Demeter Partners. Other unspecified investors also participated in the round. The firm uses its proprietary INOD® technology that uses nano-scale membranes coupled with proprietary electrode systems, to generate electricity from salt water.
The firm manufactures clean electricity from sustainable sources that are cost-effective and socially conscious. The company intends to use the December 2023 funding to expand its market reach in Europe and North America, as well as its Research and Development activities, and finalization of its demonstrator generating clean electricity using proprietary INOD® technology.
Current Investors
Go Capital, Demea Invest, Future Positive Capital
Primary Industry
Renewable Energy
Sub Industries
Hydro Power
Website
www.sweetch.energy
Verticals
Clean Technology, Nanotechnology
Company Stage
Series A
Total Amount Raised
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Sweetch Energy - employee data
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