PR WEEN January 2016 .pdf
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Press release
January 4, 2016
Ween raises USD 2 million to support the launch of its
life-responsive thermostat
A CES Innovation Awards 2016 Honoree in the Smart Home Category,
Ween is an exhibitor at the CES in Las Vegas, from January 6 to 9
Eureka Park – Booth # 80 635
Founded in 2014, Ween, a fast-‐growing company based in Aix-‐en-‐Provence, France, designed the very
first life-‐responsive smart thermostat that automatically adjusts the temperature within a residence
to the comings and goings of the occupant. This major breakthrough proved appealing, giving birth,
as of the end of 2014, to the largest fundraising campaign for a smart device on the KissKissBankBank
platform. Today, a year later, Ween announces the finalization of a USD 2 million Series A financing
round to support the launch of its life-‐responsive thermostat in 2016.
This financing round was led by Crédit Agricole Alpes-‐Provence and its CAAP division, expert in financing
local innovative companies. It also involved the local PACA investment fund, the French Public
Investment bank BPI, as well as business angels from the Smart Angels crowdfunding platform. Ween
has also received, since its inception, the support of Marseille-‐based business accelerator, P. Factory.
As pointed out by Jean-‐Laurent Schaub, CEO and cofounder of Ween: « This fundraising will allow us to
market our life-‐responsive thermostat in France this year. Ween’s ambition is to let consumers reap the
benefits of a life-‐responsive thermostat which outperforms the traditional learning or weekly
programming thermostats. Ween offers the possibility to leverage the global position of the user’s
smartphones and adjust to their whereabouts, even when unplanned. The solution accounts for twice
as many user absences, and also generates twice the savings compared to traditional devices. »
This technology innovation, named « Smart-‐Time », benefits from a global patent. The life-‐responsive
Ween thermostat also includes presence detection and machine learning of time and schedules, so that
kids who do not have a smartphone can enjoy an ideal temperature when their parents are out.
Nathanaël Munier, Ween’s CTO and cofounder, also welcomes this financing: « This is a new milestone
for Ween that will help speed our product’s time to market, and make it available in technology stores
and do-‐it-‐yourself centers. This financial backup will fuel the roll-‐out of our business plan, and enable us
to provide the very first next-‐generation life-‐responsive application ».
For more information, please visit : www.ween.fr
To see the Ween life responsive thermostat in action:
https://www.youtube.com/watch?v=6pOUHsRkNzw&feature=youtu.be
For more information and requests for interviews, please contact:
La Toile des Medias (PR for WEEN) - David PILO
Tel. 04 66 72 68 55
Mob.06 20 67 70 37
dpilo@latoiledesmedias.com
Crédit Agricole Alpes-Provence, Capital & Innovation – Jean-Louis BERTHOLLE
Tel : 04 42 19 48 54
Mob : 06 18 11 54 78
jeanlouis.bertholle@ca-alpesprovence.fr

