Leanheat secured strategic investmentent from Danfoss.

Leanheat, a Helsinki, Finland-based service-as–a-business developer and provider of analytics based energy optimization services for Multi-Family Houses and District Heating Systems, announced getting into a astrategic investment agreement with the Danish company Danfoss.

The deal, which has the finacial details undisclosed, will see Danfoss to acquire 23% of the shares and its representatives joining the company's board of directors. Leanheat is part of Pandia Oy and Pandia Oy will continue to hold the majority of shares.

Leanheat, founded in 2016 as a spinoff from Pandia, offers building owners analytics based optimization tools that reduce the cost of heating and enable preventive maintenance of buildings.

By installing sensors in each flat, and with a central gateway acting as a light Building Management System, Leanheat can improve energy efficiency with 10–15% and offer service such as balancing improvement. Leanheat also collaborates with District Heating Utilities and are at the forefront of load-shifting services that enable building owners to take advantage and improve energy saving with dynamic pricing of district energy.