Berlin, 17.01.2024 – Kelvin Green, the Berlin-based startup in the field of digital solutions for the green transformation of district heating systems founded in early 2023, is pleased to announce that Kamstrup A/S, GEF Ingenieur AG and DnA Venture GmbH have joined the company as strategic investors. This significant partnership not only strengthens Kelvin Green’s financial base, but also brings combined expertise and resources to drive the development and commercialization of smart control solutions for district heating networks.

The partnership with Kamstrup, a leading global provider of smart metering systems and digital solutions for energy and water based in Skanderborg, Denmark, brings extensive expertise in district heating and innovative metering and control technologies. “As a global leader in smart metering, Kamstrup is pleased to join forces with Kelvin Green to drive the green transformation of district heating in Germany. Our ambition to drive the green agenda through a digital transformation of district heating aligns seamlessly with Kelvin Green’s mission. This strategic partnership brings together our extensive expertise in district heating. Together, we are committed to a future where digital solutions and services pave the way for a sustainable district heating supply in Germany and beyond,” says Tommy Hansen, Senior Vice President at Kamstrup.

The comprehensive expertise of GEF Ingenieur AG from Leimen, the leading engineering firm for the design and planning of sustainable district heating systems, will make a significant contribution to taking the technical development to the next level. “With this strategic investment, GEF is pursuing the goal of advancing the field of intelligent control of heating networks in cooperation with Kelvin Green and the other investors. We expect this area to continue to gain significantly in importance in the course of the transformation. It is therefore logical and consistent for a ‘one-stop service provider’ like GEF to become involved in this growth area, both in terms of content and financially,” says Dr. Stephan Richter, CEO of GEF Ingenieur AG.

DnA Venture GmbH is an early-stage investor focused on industrial tech. Key topics include the industrial application of artificial intelligence (AI) and the Internet of Things (IoT). With its expertise in intelligent control and connectivity, DnA Venture GmbH will make an important contribution to the development of interfaces between intelligent control algorithms and plant technology. “We are delighted with what the team has achieved since it was founded last year and look forward to working together in the future to drive forward digitalization and automation in the district heating market,” Dr. Dennis Küsters, Managing Director, DnA.

The strategic investors and Kelvin Green will work together to develop an intelligent control system for heat generation plants in green heating network systems. This will enable the automated, cost-efficient and reliable operation of complex heat generation systems and thus create the basic prerequisite for green district heating at competitive prices.

“The investment from Kamstrup, GEF and DnA Ventures is a milestone for Kelvin Green. We are convinced that the combined resources and expertise of these renowned companies will enable us to quickly develop and commercialize smart solutions for the district heating industry,” said Martin Bornholdt, CEO and founder of Kelvin Green.

This strategic partnership underlines the commitment of all parties to drive the heat transition and create innovative solutions to the challenges in the district heating sector. Kelvin Green looks forward to working with Kamstrup, GEF and DnA Ventures to shape the future of sustainable energy together.

About Kelvin Green:
Kelvin Green is a leading provider of solutions in the field of green heating networks. The company is actively involved in the decarbonization of the heat supply in Germany and is committed to a sustainable and future-proof energy transition.

Press contact:
Martin Bornholdt
Founder and Managing Director Kelvin Green GmbH
Phone: +49 179 4887987
Email: neerg.nivlek@tdlohnrob.nitram

Berlin, 17 January 2024 – Kelvin Green, the Berlin-based digital solutions startup for the green transformation of district heating systems founded in early 2023, is pleased to announce that Kamstrup A/S, GEF Ingenieur AG and dann Ventures GmbH have joined the company as strategic investors. This significant partnership not only strengthens Kelvin Green’s financial base, but also brings combined expertise and resources to drive the development and commercialization of smart control solutions for district heating networks.

The partnership with Kamstrup, a global leader in smart metering and digital solutions for energy and water based in Skanderborg, Denmark, brings extensive expertise in district heating and innovative metering and control technologies. “As the world’s leading provider of smart metering systems, Kamstrup is delighted to join forces with Kelvin Green to drive the green transformation of district heating in Germany. Our ambition to drive the green agenda through a digital transformation of district heating aligns seamlessly with Kelvin Green’s mission. This strategic partnership brings together our extensive expertise in district heating. Together, we are committed to a future where digital solutions and services pave the way for a sustainable district heating supply in Germany and beyond,” says Tommy Hansen, Senior Vice President at Kamstrup.

The comprehensive expertise of GEF Ingenieur AG from Leimen, the leading engineering company for the design and planning of sustainable district heating systems, will make a significant contribution to taking the technical development to the next level. With this strategic investment, GEF, in co-operation with Kelvin Green and the other investors, is pursuing the goal of advancing the field of intelligent control of heating networks. We expect this area to continue to grow significantly in importance as the transformation progresses. It is therefore logical and consistent for a “one-stop service provider” such as GEF to become involved in this growth area both in terms of content and financially.

DnA Ventures is an early-stage investor focusing on industrial tech. Key areas of focus include the industrial application of artificial intelligence (AI) and the Internet of Things (IoT). With its expertise in intelligent control and connectivity, DnA Ventures will make an important contribution to the development of interfaces between intelligent control algorithms and plant technology. “We are delighted with what the team has achieved since its foundation last year and look forward to working together in the future to drive forward digitalization and automation in the district heating market,” said Dr Dennis Küsters, Managing Director.

The strategic investors and Kelvin Green will work together to develop an intelligent control system for heat generation plants in green heating network systems. This will enable automated, cost-efficient and reliable operation of complex heat generation systems and thus create the basic prerequisite for green district heating at competitive prices.

“The participation of Kamstrup, GEF and DnA Ventures is a milestone for Kelvin Green. We are convinced that the combined resources and expertise of these renowned companies will enable us to rapidly develop and commercialize smart solutions for the district heating industry,” said Martin Bornholdt, CEO and founder of Kelvin Green.

This strategic partnership underlines the commitment of all parties to drive the heat transition and create innovative solutions to the challenges in the district heating sector. Kelvin Green looks forward to working with Kamstrup, GEF and DnA Ventures to jointly shape the future of sustainable energy supply.

About Kelvin Green GmbH:
Kelvin Green GmbH is a Berlin-based startup founded in 2023 that supports heating providers in their green transformation with digital solutions. Kelvin Green’s customers include Badenova, Gasag, Stadtwerke Krefeld and Stadtwerke Ahrensburg. Kelvin Green currently offers two digital tools for the fast, efficient and sustainable creation of transformation plans and feasibility studies that comply with subsidies and regulations, as well as data-based simulations of future green heating networks.

Press contact:
Martin Bornholdt
Managing Director and founder
Kelvin Green GmbH
Schmidstr. 13
10179 Berlin
Phone: 0179 4887987
E-mail: neerg.nivlek@tdlohnrob.nitram