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Key people at Danfoss.
Danfoss is a Danish multinational technology company specializing in climate and energy solutions. The company designs and manufactures a comprehensive range of products, including components for refrigeration, air conditioning, heating systems, and motor control. Its core capabilities lie in creating precise fluid control equipment, variable-frequency drives, and robust solutions for both industrial and mobile machinery applications, leveraging advanced engineering to optimize performance.
The company was founded in 1933 by engineer Mads Clausen, initially named Dansk Køleautomatik- og Apparatfabrik, before adopting the Danfoss name in 1946. Clausen’s foundational insight stemmed from observing the market need for high-quality, efficient refrigeration components, leading to his development of an innovative expansion valve for refrigeration units. He further advanced heating technology by inventing the thermostatic radiator valve in 1943, establishing a legacy of practical engineering.
Danfoss's products serve a global customer base across various industries, from food cooling and building climate control to powering specialized mobile equipment. The company's long-term vision centers on driving sustainable transformation through energy-efficient technologies and smart solutions. By focusing on digitalization and innovation, Danfoss aims to address global challenges related to climate and urbanization, enabling a more sustainable and comfortable future.
Key people at Danfoss.
Danfoss has 2 tracked investments across 1 company. The latest tracked deal is $14.0M Series A in Nelumbo in April 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2020 | Nelumbo | $14.0M Series A | Prime Movers LAB, Keisuke IDE | 305 Ventures, C3 Ventures, Harmonix Fund, SQN Venture Partners, BEN Davenport, Berkeley Catalyst Fund, Darwin Venture Management, Neue Fund, Photon Fund, Safar Partners |
| Jul 1, 2018 | Nelumbo | $6.0M Series A | Laura Smoliar | AHC, Harmonix Fund, Prime Movers LAB, 1517 Fund, Photon Fund, UPC Renewables |