Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, and overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
"We are proud to be one of Europes Red Herring Top 100 companies, recognizing our great growth potential", says Georg Dietrich, CEO of Efficient Energy. "Our unique Bluezero technology empowers our customers to use sustainable and energy efficient refrigeration solutions for a variety of applications. We work with the most natural of all refrigerants – water. A great solution and contribution to reduce CO2 emissions and stop climate change”.
Following Efficient Energy's well-deserved win, they are then invited to showcase their company to the US market at the Top 100 North America event and compete internationally for the Top 100 Global in October. Red Herring is dedicated to following Efficient Energy’s path to further success and innovation.