Algeno becomes a portfolio company at Chalmers Ventures

Algeno is a new addition to Chalmers Ventures portfolio, focusing on optimizing heating systems in large real estate portfolios through advanced algorithms. Algeno's algorithms learn the behaviour of properties and create AI models that take into account various external factors, contributing to more efficient heating.

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With energy costs for heating as a major expense item for property owners and climate targets as an important societal issue, Algeno plays a central role in both reducing climate footprint and costs.

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Chalmers Ventures sees great potential in Algeno, which will first expand within Sweden before aiming internationally.

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‍Read the full Chalmers Ventures press release here.