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Year invested

2012

Country

Germany



The Noventic group of companies are on the forefront in shaping the climate control and heating services landscape.

Hg partnered with QUNDIS in 2012. The company supplied a full data management solution for the housing and utilities industries to collect, measure, and transmit consumption-dependent data for heating and water usage on an apartment unit level. This solution comprised a comprehensive range of sub-metering devices as well as remote data transmission technology including a cloud solution and data management software.

QUNDIS moved to a state-of-the-art production site and invested heavily into its hardware and software technology. Following QUNDIS’ rapid growth and international expansion Hg agreed to the sale of the majority of the company in 2017 and is looking forward to still be part of the next development phase of QUNDIS, as part of Noventic, in combination with the Kalorimeta group of companies.

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