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Completed PROJECT GRANT Swedish Research Council

Saving the world, one Utility at the time!

2.4M kr SEK

Funder Swedish Energy Agency
Recipient Organization Utilifeed Ab
Country Sweden
Start Date Jun 01, 2023
End Date Sep 30, 2024
Duration 487 days
Data Source Swedish Research Council
Grant ID P53052-1_Energi
Grant Description

Utilifeed currently has nine commercial customers who use our platform on a daily basis. In 2022, our revenue from these customers grew by 18% and the number of users by 50%.

Our platform is today in a unique position to be able to offer services to all different departments within an energy company. This is our uniqueness compared to the competitors and the response we get in the market is that the vast majority see themselves working in our system/a similar one in the future.

In 2022, we started our commercial (outbound) sales processing of Nordic district heating companies. This work has resulted in us now having around 20 companies that are in the final stages of their decision-making processes to become our customers. We see that the interest in our services is extremely high here in the Nordics and from the dialogues we have in Germany and France, the interest is just as great there. With this project, we want to create an equally good presence in further selected markets.

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