Medley Thermal
Financials
Estimates*
USD | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | <1m | <1m | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$65.0k | Grant | ||
$240k | Grant | ||
N/A | Acquisition | ||
Total Funding | CAD416k |
Recent News about Medley Thermal
EditMedley Thermal operates in the industrial heating market, providing innovative solutions for steam generation. The company serves industrial clients who rely on steam for their processes, such as manufacturing plants and large facilities. Medley Thermal's core product is an intelligent control software that integrates with existing boiler systems to create a hybrid setup. This setup allows the use of both fossil fuels and electricity, switching between them based on cost and environmental impact. The software ensures seamless operation, optimizing energy source selection to reduce costs and emissions without disrupting steam supply.
The business model revolves around selling and licensing this control software to industrial clients. Revenue is generated through software sales, licensing fees, and potentially through long-term service agreements for software maintenance and updates. By offering a solution that cuts boiler energy costs by 15-35% and reduces carbon emissions by 10-45%, Medley Thermal provides significant value to its clients, making it an attractive investment.
Keywords: hybrid boiler systems, industrial heating, steam generation, cost reduction, emission reduction, intelligent control software, energy optimization, manufacturing, fossil fuels, electricity.