Cloud&Heat Technologies

Based in Dresden, Saxony, Germany, Cloud&Heat Technologies operates a distributed cloud computing infrastructure that repurposes server waste heat to provide heating and hot water for residential and commercial buildings. The company provides energy-efficient Infrastructure-as-a-Service solutions powered by OpenStack, managing a decentralized network of 464 server systems across the country to reduce traditional data center cooling expenses. Operating with a workforce of 51 to 100 employees, the enterprise currently serves approximately 75 corporate and individual customers and generates an estimated annual revenue of $4.26 million. Following an initial €1 million seed funding round, the firm reached an estimated valuation of $13.7 million while establishing strategic hardware and digital infrastructure partnerships with Lenovo, secunet Security Networks, and Schwarz IT. Cloud&Heat Technologies was originally founded under the name AoTerra in 2011 by Christof Fetzer, Jens Struckmeier, and René Marcel Schretzmann.