Ecofective, a Swedish startup focused on energy optimization for buildings, was selected as the top energy efficiency company at the Nordic Cleantech Open competition. Ecofective's system uses real-time measurements of a building's thermodynamic behavior to optimize energy usage. At the competition, Ecofective was awarded third place overall out of 10 Nordic cleantech startup finalists. The winner was Disruptive Materials and runner up was Cyclicor, both of which develop material technology solutions.

1. Ecofective selected as top energy efficiency
start-up at Nordic Cleantech Open
Pressmeddelande • 2014-05-21 17:08 CEST
The winners of this year’s Nordic Cleantech
Open, the competition for Nordic cleantech
start-ups, have been selected. The winners
– selected from a group of 10 finalists –
were announced at Cleantech Forum
Europe in Stockholm on 19 May. The
awards were presented by Sweden’s
Minister for IT and Energy, Anna-Karin Hatt.
New materials and energy efficiency
Uppsala-based Disruptive Materials won and Cyclicor from Lund was the runner-up.
Both companies develop material technology solutions. Ecofective’s energy
optimisation system for existing buildings came in third place and was the top
performer of the companies specialising in energy efficiency.
Ecofective’s system has been developed from an innovation from Stockholm’s KTH
Royal Institute of Technology and is based on measuring a building’s thermodynamic
behaviour in real time. The company is part of the Swedish Energy Agency’s
company portfolio and has, in a relatively short period of time, signed up a number of
property companies in Sweden and Germany as clients.
”It’s great to be part of the winning trio in this prestigious competition for Nordic
cleantech companies. We are the only company specialising in energy optimisation
to make the final. To be awarded with this prize is proof that the jury realises the
benefits of solving old problems with new solutions,” says Mats Pettersson, CEO at
Ecofective.
Sweden’s Minister for IT and Energy, Anna-Karin Hatt, presented the awards. In her
speech, she focused on Sweden’s leading international position when it comes to
green technologies:
”We have many young and promising innovators, entrepreneurs and businesses
within cleantech. Providing we offer them the right support, these companies could

2. be one of Sweden’s next big players on the international market, in the same calibre
as Ericsson and ABB, who continue to be important international players.”
Germany is one of Ecofective’s two main markets.
“Energy efficiency issues are on both the political and business agenda in Germany,
as the country is currently moving away from nuclear and fossil fuel energy towards
renewables. Of course, reducing the amount of energy used is a major part of that
shift, as buildings account for around 40 per cent of Europe’s energy consumption.
Ecofective’s solution can save between 15 and 25 per cent of the heating energy in
buildings,” says Mats Pettersson.
Jury with prominent international investors
Arranged for the third year running, Nordic Cleantech Open highlights the 10 most
promising cleantech start-ups in the Nordic region. Cleantech Scandinavia is the
main organiser, with additional support coming from the Swedish Energy Agency, the
Swedish Agency for Economic and Regional Growth, leading construction and
manufacturing companies around Europe, as well as investors and venture capital
firms.
Cleantech Scandinavia is a network consisting of larger investors and professional
actors with experience from energy and environmental solutions. The aim is to
increase the knowledge about Nordic cleantech companies, primarily around Europe,
in order to encourage collaboration and investment.
The Nordic Cleantech Open consists of some 50 influential representatives from
multinational companies and venture capital funds. The 10 finalists are selected from
a total of 107 contestants, and are subject to an extensive selection process.
For more information, please contact:
Ecofective: Mats Pettersson, CEO
Tel: +46 70 626 07 02
Email: mats.pettersson@ecofective.se