08 Sep 2022

€2.3 million capital increase for EHP member Zero Friction

The new funding will be used to grow the (development) team so it can enrich the Zero Friction platform with even more interesting functionalities. The funds will also enable Zero Friction to expand into new geographies to boost the transition to more sustainable heating and cooling.

Zero Friction plays an important role in this transition. Wim Jacobs, CEO Zero Friction says: “The Zero Friction platform brings Digital Transformation to existing and new heat suppliers, both small and large with a significant focus on (end)customer experience and enabling the heat transition at an affordable cost. This is in strong contrast compared to how traditional solutions handle meter reading, billing, and customer interaction. With SHIFT Invest  on board, we can accelerate our developments even further to maximally support the heat transition in Europe.”We look forward to this collaboration and want to thank the team for their huge effort over the past years.