PHYSEE takes the first step in the global rollout of SmartSkin

January 14, 2021

PHYSEE, the technology company developing coatings, solar and sensor technology, has received €4 million euros in growth capital for the first half of their Series A investment round. Their technology generates both energy and data, optimizing the energy efficiency of buildings.

Investors consider the sustainable contribution of PHYSEE in the energy transition in various sectors to be promising and necessary. The primary technology developed by PHYSEE, called SmartSkin, makes buildings up to 30% more energy-efficient, and at the same time, significantly more comfortable for its users. The technology company is using this new capital to scale up their technology, after recently starting a sales partnership with two global glass manufacturers.

Since its founding in 2014, PHYSEE has developed three products: the SmartSkin facade, the PAR+ coating,and the POWER+ coating. Based on the ambition to make a more sustainable, comfortable, and healthy world with technology, PHYSEE focuses on areas where the impact of the energy transition is greatest.

Ferdinand Grapperhaus jr., CEO and co-founder of PHYSEE: “We have been swimming against the tide for six years because we see that things can -and must be-done differently. However, we notice that many investors in the Netherlands often find disruptive and sustainable hardware innovations new and scary to invest in. This is why we are very grateful for the confidence instilled in us byour new shareholders. They take responsibility and are thus a driver for change. Together we are making the difference by scaling up this impactful technology.”

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