Enerdrape
Enerdrape is a Swiss EPFL spin-off that designs and installs prefabricated modular geothermal panels on existing underground walls to deliver renewable heating and cooling for commercial, residential, and municipal buildings in Switzerland, France, and the United States.
- Company typePrivate
- Founded2021
- HeadquartersRenens, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Enerdrape does
Enerdrape S.A. is a Swiss cleantech company headquartered in Renens, Vaud, that has developed and commercialized the world's first prefabricated modular geothermal panel system for converting existing underground infrastructure—parking garages, tunnels, and storage facilities—into renewable heating and cooling sources for buildings. Founded as a spin-off from the École Polytechnique Fédérale de Lausanne (EPFL) and built on more than 20 years of academic research, the panels integrate a closed-loop piping circuit with heat transfer fluid that exchanges heat with the surrounding ground and recovers waste thermal energy from underground air. Installation is non-invasive: panels are mounted on underground walls without drilling, excavation, or direct ground contact, eliminating additional building permits and enabling deployment in dense urban sites where conventional borehole geothermal is excluded.
The company serves real estate owners and developers, real estate funds, building planners, HVAC installers, and municipal governments, primarily in Switzerland, France, and the United States. Its offering combines a core hardware product (geothermal panels) with a four-stage professional services lifecycle: a free opportunity study, a detailed feasibility and design study with 50-year performance modeling, installation and commissioning supervision, and ongoing performance monitoring with CO2 impact reporting. Revenue is generated through one-time panel sales, project-based professional services, and recurring monitoring subscriptions, with project-specific quote-based pricing structured around multi-year contracts. Notable enterprise customers include Coop (Switzerland's largest retailer), Paris Habitat, Next Immobilier, Realstone SA, and the City of Lancy.
Enerdrape has installed more than 1,000 panels across 25+ customer sites, with individual installations producing 25–109 MWh of renewable energy annually and avoiding approximately 23 tons of CO2 emissions per year (Paris Habitat benchmark). The company has raised over CHF 2 million in cumulative funding since 2021 through grants (Venture Kick, FIT, Innosuisse), a CHF 1.3 million seed round led by Romande Energie in 2024, and a CHF 400,000 Tech Growth debt loan from FIT in 2026, and is currently preparing a Series A round alongside a planned 200% team expansion to support international scaling.
Enerdrape firmographics
Firmographics- Name
- Enerdrape
- Legal name
- Enerdrape SA
- Website
- https://enerdrape.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Enerdrape is a Swiss EPFL spin-off that designs and installs prefabricated modular geothermal panels on existing underground walls to deliver renewable heating and cooling for commercial, residential, and municipal buildings in Switzerland, France, and the United States.
- Ownership category
- akta.pro rank
Enerdrape industry classification
Industry- Product category
- Geothermal Heating and Cooling Systems
- NAICS
- Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)
- akta.pro primary industry
- Geothermal Equipment & Component Manufacturing (Turbines, Heat Exchangers, Pumps, ORC Units) (EUAMAEAI)
- akta.pro secondary industries
- Geothermal Power Plant Development & IPP (Permitting, Financing, Project Development) (EUAMAEAD), Electrical Pre-Commissioning & Energization Support (EUAEAJAC)
Keywords
Where Enerdrape is headquartered
LocationHeadquarters
- HQ city
- Renens
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Enerdrape business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Geothermal Panel Sales: One-time sale of modular geothermal panel systems for installation in underground spaces. Panels are sold as prefabricated units ready for installation, generating upfront capital revenue per project.
- Professional Services: Comprehensive project services including opportunity study, detailed feasibility and design study, installation and commissioning supervision, and ongoing performance monitoring and impact reporting.
- Ongoing Support and Monitoring: Continuous monitoring services providing renewable energy production data and CO2 emission reduction reports for sustainability and ESG reporting integration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-specific pricing based on site assessment |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Enerdrape product offering
Product offeringCore offering
Enerdrape manufactures and sells modular prefabricated geothermal panels that convert existing underground spaces (parking garages, tunnels, storage areas) into renewable thermal energy sources for building heating and cooling, installed on underground walls without any drilling or ground excavation. The company delivers the panels together with a four-stage project service: free opportunity study, detailed feasibility and design study, installation and commissioning supervision, and ongoing performance monitoring with CO2 reporting.
Product overview
Enerdrape offers a single unified product: its patented modular geothermal panel technology, which is the world's first system for converting underground spaces into renewable heating and cooling sources without drilling. The panels form the core product, and Enerdrape accompanies this with a four-stage service methodology: Free Opportunity Study, Detailed Feasibility and Design Study, Installation and Commissioning, and Performance Monitoring and Impact Reporting. There are no separate product lines, modules, or add-ons—the offering is the panel system plus the engineering services lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Enerdrape Geothermal Panels World's first modular prefabricated geothermal panel system for converting underground spaces (parking garages, tunnels, storage areas) into renewable heating and cooling sources. Panels mount on underground walls without drilling or excavation and integrate a closed-loop piping circuit with heat transfer fluid. Sold to property owners, real estate funds, and project developers for installation in new construction and renovation projects.
- Free Opportunity Study Preliminary analysis in which Enerdrape experts calculate the best deployment and performance of geothermal panels based on a project's specific needs, environmental conditions, and infrastructure, determining energy and environmental potential. Provided at no cost as the first step of the sales process.
- Detailed Feasibility and Design Study Comprehensive site examination using modeling tools providing in-depth analysis and 50-year performance projection, including optimized technical dimensioning and economic and environmental impact assessment. Priced per project and used as the basis for the final commercial offer.
- Installation and Commissioning Installation supervision and coordination of trades with rigorous monitoring to ensure quality standards and full operational integration of Enerdrape panels with the building's existing thermal systems (gas, oil, or heat pump).
- Performance Monitoring and Impact Reporting Continuous monitoring of installed systems providing renewable energy production data and CO2 emission reduction reports for management, sustainability, and ESG reporting integration. Sold on a recurring basis to support long-term performance verification.
Quantifiable outcome
- 23 tons of CO2 emissions avoided annually per installation (Paris project)
- +3 more outcomes
Companies that use Enerdrape
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Enerdrape technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Enerdrape partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered key and minor.
- CIEC (ENGIE Solutions)keyImplementation partner for Paris Habitat project. CIEC is a subsidiary of ENGIE Solutions specializing in energy efficiency and sustainable building solutions. Partnered on installation of 145 geothermal panels in Paris.
- ENGIEkeyStrategic partnership including Viva Technology 2025 participation. ENGIE featured Enerdrape on their innovation platform highlighting how the technology unlocks geothermal potential of underground spaces.
- PMS-ParkingsminorParking management company listed as partner, collaborating on underground parking geothermal installations in Switzerland.
- Solar Impulse FoundationkeySelected for Global Impulse Program to accelerate international expansion. Leverages Solar Impulse Foundation's global ecosystem for increased visibility and market opportunities.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Enerdrape competitors and assessment
Company assessmentEmerging players
- geoKOCH: UK-based company specializing in shallow horizontal ground loops and surface-laid ground-source heat collector systems for sites with restricted drilling access. Closest direct peer to Enerdrape for projects where traditional borehole geothermal is not feasible, with a different but adjacent non-invasive shallow geothermal architecture.
Others
- ENGIE Solutions / ENGIE Impact: Major European energy and services group and Enerdrape's strategic partner. Comparable as an ecosystem participant that both delivers geothermal installations (including Enerdrape's Paris project via CIEC) and competes for adjacent energy efficiency and decarbonization project mandates from property owners and municipalities.
Broad incumbents
- NIBE Energy Systems: Swedish manufacturer of ground-source and air-source heat pumps serving residential and commercial building decarbonization. NIBE's ground-source heat pump systems compete with Enerdrape's panel technology in the same end-use applications (building heating/cooling) but require borehole drilling, making them a comparison point for retrofit sites where drilling is restricted.
- Viessmann: German heating, industrial and refrigeration solutions provider with extensive heat pump and geothermal product lines. Already a connected integration partner with Enerdrape panels, and serves the same building decarbonization use cases via conventional geothermal/heat pump systems, making it a directly adjacent peer.
- Daikin (Altherma): Global HVAC major with the Altherma geothermal and air-source heat pump families for residential and commercial buildings. Competes for the same heat decarbonization wallet share as Enerdrape panels, with substantially larger distribution but conventional borehole-based solutions.
- Bosch Thermotechnology: Global heating and hot water solutions provider offering ground-source heat pumps and HVAC for residential and commercial buildings. Its geothermal product line overlaps Enerdrape's heating/cooling value proposition, particularly in retrofit multifamily and mixed-use properties.
- Vaillant: European heating technology group offering heat pumps and conventional geothermal solutions for residential and small commercial applications. Comparable to Enerdrape in the building decarbonization end market but reliant on borehole installations, contrasting with Enerdrape's no-drilling panel approach.
- Stiebel Eltron: German-based manufacturer of heat pumps, solar thermal, and HVAC equipment focused on renewable building heating. Directly competes with Enerdrape in the residential/mixed-use decarbonization segment using established ground-source and air-source heat pump technology.
- Carrier Global: Global HVAC and building solutions provider with a broad portfolio including geothermal heat pumps for commercial and residential applications. Comparable as a broad incumbent offering overlapping decarbonization technologies, although reliant on traditional geothermal system architectures.
- Trane Technologies: Global climate solutions company offering commercial and residential heating/cooling systems including geothermal heat pumps. Comparable in addressing building heating and cooling decarbonization for enterprise real estate customers, similar to Enerdrape's property owner and fund customer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Enerdrape social profiles
Digital presenceEnerdrape financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enerdrape leadership team
Management profileNumber of profiles
Profiles3 records
Enerdrape funding detail
Funding detailFunding overview
Funding rounds16 records
Investors15 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enerdrape M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enerdrape
What does Enerdrape do?
Enerdrape manufactures and sells modular prefabricated geothermal panels that convert existing underground spaces (parking garages, tunnels, storage areas) into renewable thermal energy sources for building heating and cooling, installed on underground walls without any drilling or ground excavation. The company delivers the panels together with a four-stage project service: free opportunity study, detailed feasibility and design study, installation and commissioning supervision, and ongoing performance monitoring with CO2 reporting.
Is Enerdrape a public or private company?
Enerdrape is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enerdrape founded?
Enerdrape was founded in 2021. It employs 11 to 50 people.
Where is Enerdrape based?
Enerdrape is headquartered in Renens, Switzerland, in the Europe region.
How does Enerdrape make money?
Three revenue lines are on record. Geothermal Panel Sales are the primary driver. The others are professional Services and ongoing Support and Monitoring.
Who are Enerdrape's main competitors?
geoKOCH is listed as an emerging player. ENGIE Solutions / ENGIE Impact is listed as an others. Broad incumbents are NIBE Energy Systems, Viessmann, Daikin (Altherma), Bosch Thermotechnology, Vaillant, Stiebel Eltron, Carrier Global and Trane Technologies.
Does Enerdrape have an API?
No public API is recorded for Enerdrape.
What industry is Enerdrape in?
Enerdrape's product category is Geothermal Heating and Cooling Systems. Its primary akta.pro industry code is EUAMAEAI, Geothermal Equipment & Component Manufacturing (Turbines, Heat Exchangers, Pumps, ORC Units), with a secondary code of EUAMAEAD, Geothermal Power Plant Development & IPP (Permitting, Financing, Project Development). Its NAICS code is 333414 and its SIC code is 3585.