In Northern Norway, industries spend massive amounts each winter to heat their buildings, while nearby data centers waste megawatts of heat into the cold air. With electricity prices rising and pressure to cut CO₂ emissions, businesses urgently need affordable and sustainable heating solutions. Bridging this gap is both an environmental necessity and a major market opportunity.

The solution

ThermalTech turns wasted server heat into affordable heating for industries and communities by hosting servers for cloud, AI, and blockchain directly inside buildings and redirecting their heat into HVAC systems.

Why is this important?

Data centers consume vast amounts of energy, and in Norway, one-third of all power is already used for heating. Today, nearly all server heat is wasted into the air, even though every megawatt we repurpose prevents up to 2,600 tons of CO₂ emissions annually—the equivalent of taking 500 cars off the road or planting 40,000 trees.

With rising global energy costs and industries spending over 50,000 NOK per month to heat facilities in Northern Norway, the opportunity to transform wasted server heat into affordable and sustainable warmth is enormous.

Uncover our red flags.

  • Data centers and blockchain often have a bad reputation for wasting energy. Our challenge is to build trust and show that they can actually create value for local communities.

  • We benefit from cold climate conditions, low grid emissions, and a strong need for affordable heating—an ideal environment for our model.

Uncover our green flags.

Why ThermalTech?

In our first year, ThermalTech achieved a 300% return on investment at its initial facility. Today, our operations provide affordable and sustainable heating to more than 12,500 m² of buildings, delivering both financial performance and measurable community impact.

  • Unlike traditional data centers that only consume energy, ThermalTech creates double value: computing power and sustainable heating.

    Why ThermalTech?

  • Our model is flexible. We can set up sites quickly in existing buildings, scaling from 100 kW to 1 MW in just months.

    Why ThermalTech?

  • This speed and efficiency give us a competitive edge over large, capital-intensive data centers. By combining hosting revenues with real community benefits, we turn a global challenge into a local opportunity.

    Why ThermalTech?

ThermalTech offers investors the chance to combine strong financial returns with measurable climate impact. Our model generates revenue from both hosting and heat reuse, while reducing heating costs for local industries. We are looking for partners who share our vision for sustainable energy, investors who want to back scalable infrastructure with real community benefits.

What’s in it for the investor?

Our Team

  • Co-Founder and Chief Executive Officer

  • Co-Founder and Chief Financial Officer

  • Co-Founder and Chief Technical Officer

  • Co-Founder and Chief Operations Officer

Find more info on our website