EQON
Stavanger, Norway
◆ About EQON
Norway-based company commercializing heating cable optimization technology
◆ What sets it apart
Its patented technology acts like a dimmer for heating cables, enabling real-time power regulation and up to 80% energy reduction versus conventional on/off control.
◆ Sectors
◆ Business
Modelhardware
CustomerIndustrial, infrastructure, commercial, and municipal operators that use electric heating cables or related heating systems
◆ Notable
- Raised a $6 million seed round in 2026 led by Azolla Ventures and co-led by Wilstar Innovate, with participation from Climentum Capital and Gain Venture Capital.
- Claims up to 80% reduction in electricity consumption and CO2 emissions from heating cable systems.
- Based in Stavanger and expanding commercialization internationally, including the U.S.
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does EQON do?
Norway-based company commercializing heating cable optimization technology
Where is EQON based?
EQON is based in Stavanger, Norway, founded in 2018.
How much has EQON raised?
EQON has raised $6M in tracked funding and is currently at the seed stage.
Who has invested in EQON?
Investors in EQON include Azolla Ventures, Wilstar Innovate, Climentum Capital and Gain Venture Capital.