Regulated
Can sell early
- Risk level
- Highest
- Risk-return
- Medium
- Start from
- €250
Funding has closed. The page stays up for reference; similar open projects are below.
NULLPUNKT AG
Switzerland
Swiss public limited company supplies a patented ice storage heat pump system that utilizes innovative latent heat technology for efficient heating in detached houses.
Key figures
- Estimated return
- up to 309.47%
- platform's estimate
- Valuation
- €10,085,000
- Start from
- €283
- Target
- €600,000
What you own, how it can pay off, and when
How can it pay off?
The platform estimates up to 309.47%
Usually only if the company is sold or listed. Estimates are the platform's own claims.
Capital at risk. Most startups fail; estimates are the platform's own claims. Shares are hard to sell before an exit.
Would AI invest?
AI 68 MediumOur AI gives this project 68 out of 100: Medium. How the AI score works
Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
AI review
AINullpunkt AG — Crowdfunding Investor Memo
A Swiss company selling a home heating system that stores energy as ice, aimed at owners of detached houses switching away from fossil-fuel heating.
Sector: Cleantech / home heating (hardware) · Stage: Seed · HQ: Oberengstringen, Switzerland · Raise: EUR 400,000
Snapshot
|
1 · Is the price fair? 💶 |
2 / 5 — the asking price (~EUR 10.1m before this round) is above the benchmarks we could find: European cleantech seed companies raised at a median of ~EUR 5.1m in 2025, and the company has no sales booked yet. |
|
2 · Can they reach an exit stage? ⭐ |
AI SCORE 68 / 100 — Average. Strongest evidenced point: an experienced engineering team with a production-ready, already-selling product. Biggest gap: almost no sales history yet — the audited accounts show no revenue booked. |
|
3 · If they do, what could it pay? 🎯 |
Target ~4x over ~3 years (the company's own plan). If a sale is reached, illustratively ~13x–26x before fees and future dilution — a wide range from typical sector exit multiples (2–4x revenue) applied to the company's 2031 revenue plan. Illustration only, not a forecast. |
|
Score scale |
What it means |
|
85–100 · Excellent |
All key preconditions for reaching a sale stage are evidenced and strong — rare at this stage |
|
70–84 · Good |
Preconditions largely in place, with specific gaps named in the questions section |
|
50–69 · Average |
Meaningful preconditions missing or weakly evidenced |
|
30–49 · Weak |
Several core preconditions absent, or the evidence points against them |
|
1–29 · Critical |
Fundamental preconditions are not visible in the evidence |
|
What we could check. We verified the company's registration, the founders' prior engineering firm, an existing investor's participation, the market launch, and a named competitor against public records — all confirmed. The company's sales, margins, installed-unit count and exact ownership split rest on its own materials — see the questions section. |
How to read the score
|
Three answers, one honest note. The fairness score says whether the entry price is supported by the sector benchmarks we could find. The AI Score is our read on whether the company has the building blocks in place to reach a stage where it could be sold — it measures readiness on the evidence shown; it is not a probability of success, and even companies with every building block in place fail more often than they succeed, which is why this kind of investing only works as a small part of a spread-out portfolio. The returns range is an illustration of what a successful sale could pay, built from named sector benchmarks — not a forecast. Where something was not in the pack we reviewed, it did not lower any score — instead it appears in the questions section, so you can ask the company directly. The listing was reviewed by a licensed crowdfunding platform before going live. Nothing here is a recommendation. |
At a glance
|
✅ Three reasons to look closer |
⚠️ Three reasons for caution |
|
|
|
Deal terms. No terms were identified in the reviewed documents that would prevent a crowdfund investor from sharing in the upside. Two features to note and verify, both explained at the end: a clause letting founders buy your shares back for CHF 1.00 in total, and a right that lets the founders and insiders force a sale. Full mechanics are at the end of this memo. |
|
ℹ️ Information, not investment advice. Capital at risk — you could lose the full amount invested. Full notes are at the end of this memo. |
🏢 What the company does
Nullpunkt AG (registered in Switzerland in April 2025) sells a home heating system called Triton. It pairs a small, quiet outdoor unit with a 1,000-litre water tank and a heat pump. The clever part is physics: when water freezes, it releases a large amount of heat, and the system harvests that heat to warm the house — so it can store energy when outside conditions are good and draw on it on cold nights. The company reports the system stores about five times the energy of a same-size ordinary tank and runs at about 35 decibels, quieter than a normal air-source heat pump. It sells through heating contractors (so the contractor, not Nullpunkt, deals with the homeowner) at a system price of roughly CHF 29,900, and the company reports more than 30 installation partners in Switzerland and first systems already in use. The three founders previously ran an engineering firm together (Trinovent GmbH, from 2014) doing aerospace and machinery work. This EUR 400,000 raise is to fund the market roll-out, build sales and service, and finance the company until it breaks even.
📈 The returns picture
|
The target |
About 4x your money over about 3 years. This comes from the company's own plan (the platform states a target of roughly 309% total, or ~60% a year, over 3 years). It is a target, not a promise, and the company itself warns you could lose everything. |
|
How the company plans to get there |
Sell the Triton system through heating contractors, expand from Switzerland into Germany and Austria by 2027, and grow toward a sale of the company to a big heating or heat-pump group. The company points to recent deals in its sector as the kind of exit it has in mind — for exampl… |
The full review covers the borrower or company, the security, the cash flow, the risks and a verdict. Sign in to read it.
Information, not personal investment advice. The AI score rates the documents the platform publishes, can be wrong, and does not predict returns.
Ask AI about this project
Sign in to ask the AI about this project's documents.
Sign inLike this project?
👍 Yes · 0 👎 No · 0
Comments · 0
- No comments yet.
The platform and similar projects
Offered on
Similar open projects
Kepplair Evolution
Sowefund
- Estimated return
- up to 7×
- platform's estimate
- Valuation
- €60,000,000
Raising €9m
From €500
See project
Wind Fisher
Sowefund
- Estimated return
- up to 10×
- platform's estimate
- Valuation
- €9,961,800
Raising €600k
From €1,000
See project
Blumana
Sowefund
- Estimated return
- up to 28×
- platform's estimate
- Valuation
- €2,799,571
Raising €750k
From €1,000
See project