# Efficient Energy secures €11 million to expand production and R&D

Efficient Energy GmbH, a German manufacturer of water-only chillers, has secured €11 million from MIG Fonds and Santo to expand its production capabilities and laboratory infrastructure.

- Type: Investment
- Announced: 2020-04-14
- Where: Germany
- Value: $12.0M (11.0M EUR)
- Status: announced
- Products: water-only chillers (eChiller system)
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Efficient Energy GmbH](https://endata.com/companies/46522.md)
- [MIG Fonds](https://endata.com/companies/46523.md) (investor)
- [Santo](https://endata.com/companies/46524.md) (investor)

## Sources

- [archive.r744.com](https://archive.r744.com/articles/9478/water_only_chiller_company_secures_andeuro_11_million_to_expand_production_rand_d), 2020-04-14: "The transformation of the refrigeration market is in full swing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.