Tigi

Solar Thermal Energy Solutions for Heat Generation and Storage

Energy Tech
Active
Public Kefar Sava Founded 2007
Total raised
$22.3M
Last: PIPE 2024-11
Stage
Public
Founded
2007
Headcount
38
HQ
Kefar Sava
Sector
Energy Tech

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 · 3 rounds · $22.3M total

2024-11
PIPE $530K
2023-01
Convertible Bond $2.0M
2016-01
Series A $9.5M

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Production & SourcesClimate TechEnergy TransitionClean Energy GenerationClean Industry Tech Eco-Efficient Manufacturing
Target customers
Defense, Safety & SecurityNational SecurityMilitaryReal Estate & ConstructionManagementResidentialTravel & TourismHospitalityHotelsIndustrial ManufacturingHybrid IndustriesFood & BeveragesAgriculture & Food
Business model
B2BB2G

Highlights

Climate Tech1 Patents

Tags

clean-manufacturingenergy-efficiencywater-heatingrenewable-energysolar-energysolar-collectorsmanagement-solutionsheatingenergysolar-thermal-energyclimate-techmanufacturing-facilitieshospitalsagricultureenergytech