- Raised $9.5M funding round, Jan 2016
- Raised $530k funding round, Nov 2024
- Raised $270k grant, Feb 2024
About
TIGI specializes in renewable heat generation and storage solutions, designed for large industrial and commercial heat consumers. The company's comprehensive offerings include solar thermal collectors, heat pumps, managed thermal storage, control systems, and cloud services, all aimed at enhancing energy utilization and reducing greenhouse gas emissions.
The Honeycomb collector, a cornerstone of TIGI's technology, utilizes transparent insulation technology developed in-house. This patented collector is highly efficient at heating to target temperatures, even up to boiling point, and performs effectively in cold climates. It is suitable for a range of applications, including industrial, agricultural, and commercial settings, and offers a long lifespan with a cost-effective energy output.
Certified and patented in the United States and Europe, TIGI’s solutions are utilized by various sectors, including multinational industries, wineries, hotels, and residential users, particularly in cold climates like Norway. Additionally, TIGI is transitioning towards a service-based business model, offering heat as a service to finance the systems for customers, aligning with its vision to evolve into a distributed renewable-heat utility company.
Funding history · 4 rounds · $22.3M total
Q&A
- What is Tigi's primary business focus?
- Tigi specializes in solar thermal energy solutions for heat generation and storage, targeting large industrial and commercial heat consumers.
- When was Tigi founded?
- Tigi was founded in October 2007.
- How many employees does Tigi have?
- Tigi has 38 employees, falling within the 11-50 employee bucket.
- What is Tigi's current market capitalization?
- Tigi's market capitalization is $5,109,467 USD.
- What is Tigi's most recent funding round?
- Tigi's most recent funding round was in November 2024, raising $530,000 USD from Ratio Technologies.
- What is a key technology offered by Tigi?
- A key technology offered by Tigi is the Honeycomb collector, which utilizes in-house developed transparent insulation technology for efficient heat generation, even in cold climates.
- What is Tigi's business model transition?
- Tigi is transitioning towards a service-based business model, offering heat as a service to finance systems for customers, with a vision to become a distributed renewable-heat utility company.
- Which investor participated in Tigi's January 2023 funding round?
- Kobi Richter participated in Tigi's funding round in January 2023.
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | tigisolar.com |
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| linkedin.com/company/740334 | |
| YouTube | youtube.com/@TIGISolar |
Identifiers & details
| Founded | 2007-10 |
|---|---|
| Employees (exact) | 38 |
| Market cap | $5.1M |
| Status reason | Public on TASE on Mar 2021; |
Radar intelligence
Patents
| EPO | 13 |
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Publications (Crossref)
| Works | 4 |
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Web history (Wayback)
| Domain | tigisolar.com |
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Certificate / subdomain footprint
| Subdomains | 40 |
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