LiU Invest invests in the energy efficiency company Dazoq

Dazoq is developing an energy saving SaaS service that uses low-cost sensors together with AI to reduce energy consumption.

Although the company was founded by two students, the company has its roots in the research conducted at the department for energy systems at LiU and the company is the result of customer contacts that were initiated during the founders' ex-jobs.

Dazoq aims its solution at small and medium-sized industrial companies that want to reduce their costs for energy.

- A decisive factor for the decision to invest in Dazoq has been the founders' drive to get paying customers early on, says Jonas Nilsson, Investment Manager, LiU Invest.