Cartesian Overview
- Year Founded
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2023
- Status
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Private
- Employees
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10
- Latest Deal Type
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Accelerator/Inc
- Investors
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7
Cartesian General Information
Description
Manufacturer of thermal batteries designed to turn buildings into flexible energy assets. The company offers modular storage units utilizing phase change material technology, latent heat storage, stainless steel heat exchangers, intelligent control boards, thermal insulation, and bio-based materials, enabling commercial and industrial clients to reduce grid peak demand and increase thermal capacity without upgrading existing infrastructure.
Contact Information
Website
www.cartesian.energyCorporate Office
- Tempevegen 22
- 7031 Trondheim
- Norway
Corporate Office
- Tempevegen 22
- 7031 Trondheim
- Norway
Cartesian Timeline
Cartesian Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | 11-Sep-2025 | Completed | Generating Revenue | |||
| 3. Seed Round | 02-Jun-2025 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Jan-2025 | $176K | $1.89M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jan-2024 | $1.71M | $1.71M | Completed | Generating Revenue |
VC Exit Predictor
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Cartesian Comparisons
Industry
Financing
Details
Cartesian Competitors (8)
One of Cartesian’s 8 competitors is Nostromo Energy, a Formerly VC-backed company based in Irvine, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nostromo Energy | Formerly VC-backed | Irvine, CA | ||||
| Organic Heat Exchangers | Venture Capital-Backed | Thornton, United Kingdom | ||||
| Cylib | Venture Capital-Backed | Aachen, Germany | ||||
| Amorton | Private Equity-Backed | Kitakata, Japan | ||||
| HeatVentors | Venture Capital-Backed | Mezotur, Hungary |
Cartesian Patents
Cartesian Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4666019-A1 | Method and system for controling a state-of-charge of phase change material storage systems | Pending | 15-Feb-2023 | ||
| WO-2024172663-A1 | Method and system for controling a state-of-charge of phase change material storage systems | Inactive | 15-Feb-2023 | ||
| US-20260235367-A1 | Method and system for controlling a state-of-charge of phase change material storage systems | Pending | 15-Feb-2023 | ||
| EP-4548032-A1 | Thermal energy storage system | Pending | 30-Jun-2022 | ||
| US-20250389493-A1 | Thermal energy storage system | Pending | 30-Jun-2022 | F28D20/021 |
Cartesian Signals
Cartesian Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Amazon Sustainability Accelerator | Accelerator/Incubator | Minority | ||
| Devico | Corporation | Minority | ||
| Ystvika Holding | Venture Capital | Minority | ||
| Eviny Ventures | Corporate Venture Capital | Minority | ||
| Kongsberg Innovation | Accelerator/Incubator | Minority |
Cartesian FAQs
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When was Cartesian founded?
Cartesian was founded in 2023.
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Where is Cartesian headquartered?
Cartesian is headquartered in Trondheim, Norway.
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What is the size of Cartesian?
Cartesian has 10 total employees.
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What industry is Cartesian in?
Cartesian’s primary industry is Energy Storage.
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Is Cartesian a private or public company?
Cartesian is a Private company.
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What is Cartesian’s current revenue?
The current revenue for Cartesian is .
-
How much funding has Cartesian raised over time?
Cartesian has raised $1.89M.
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Who are Cartesian’s investors?
Amazon Sustainability Accelerator, Devico, Ystvika Holding, Eviny Ventures, and Kongsberg Innovation are 5 of 7 investors who have invested in Cartesian.
-
Who are Cartesian’s competitors?
Nostromo Energy, Organic Heat Exchangers, Cylib, Amorton, and HeatVentors are some of the 8 competitors of Cartesian.
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