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Eqon, a Stavanger-based energy management platform, raised $6M in seed funding led by Azolla Ventures to scale its heating cable management technology.

PRIVATEJun 24, 2026

Amount Raised

$6 Million

Round Type

Seed

NorwayEnergyRenewable EnergyEnergy Management

Investors

Climentum CapitalGain Venture CapitalAzolla VenturesWilstar Innovate

Description

Eqon raised $6m in seed funding to enhance its intelligent energy management platform. The funding round was led by Azolla Ventures and co-led by Wilstar Innovate, with participation from Climentum Capital and Gain Venture Capital. The company plans to expand its presence in the U.S. and accelerate product commercialization

Quick answer

Eqon raised $6 Million in a Seed round, dated June 24, 2026. Investors: Climentum Capital, Gain Venture Capital, Azolla Ventures and Wilstar Innovate. Eqon is based in Norway.

How much did Eqon raise?
Eqon raised $6 Million in a Seed round on June 24, 2026.
Who invested in Eqon?
Climentum Capital, Gain Venture Capital, Azolla Ventures and Wilstar Innovate are named as investors in this round.
What does Eqon do?
Eqon is a Stavanger, Norway-based developer of an intelligent energy management and industrial heating control platform.
Where is Eqon based and how big is it?
Eqon is based in Norway. Fundz records about 2 employees.
Who are the decision-makers at Eqon?
Fundz holds 1 contact at Eqon, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Eqon that raised within 45 days of this round, from Fundz verified event records.

  • Gyre Energy raised $1.3M (Pre-Seed) on July 7, 2026.
  • Wallbox raised $13M (Post-IPO Equity) on July 2, 2026.
  • Companion.energy raised $9M (Seed) on June 8, 2026.
  • DUKE ENERGY CAROLINAS raised $2.4B (Debt Financing) on June 5, 2026.
  • Oxford Quantum Circuits raised $350M (Series C) on June 3, 2026.
  • encosa raised $29M (Seed) on June 1, 2026.

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Company Information

Company

Eqon

Location

Norway

About

Eqon is a Stavanger, Norway-based developer of an intelligent energy management and industrial heating control platform. The company has developed a patented dimming solution and cloud-based software layer designed to replace legacy on/off mechanisms with intelligent, real-time power regulation. Their technology cuts heating cable energy consumption and CO₂ emissions by up to 80 percent. Eqon has successfully demonstrated significant energy reductions during pilot programs.

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Related People

1 contact
Verified contactsMikal, CEO hiddenSee plans and pricing
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Eqon raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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