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Heaten
Norway-based developer of a high-temperature heat pump for industrial use
About Heaten
Heaten is a leading industrial heat pump supplier in Europe that specializes in energy and carbon footprint reduction by reusing waste heat. The company operates in the industrial heat market, serving clients who are looking to reduce their carbon emissions and energy consumption. Heaten's primary product is the HeatBooster, a high-temperature heat pump that uses innovative piston machine technology to recycle waste heat from industrial processes. This waste heat is then elevated to high temperature levels, making it reusable in various industrial applications.
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Heaten's business model revolves around the sale and installation of these heat pumps. The company generates revenue by providing a solution that not only meets industrial heat demand but also significantly reduces CO2 emissions. A single 1MWth HeatBooster can save between 1,000 and 3,000 tons of CO2 per year, making it a highly attractive option for industries looking to decarbonize their heating processes.
The company has been recognized for its efficient solutions, receiving the Solar Impulse Efficient Solution Label. It has also secured the support of investors for its growth and has announced a collaboration with Südzucker, further solidifying its position in the market. With 13 years of research and development, design, and engineering experience, Heaten's technology is mature and flexible, capable of serving a significant portion of fossil-fueled heat demand.
At a glance
- Founded
- 2020
- Headquarters
- Kristiansand, Norway
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Valinor
Series A3 investors entered at this stage
Nysnø Climate Investments
Azolla Ventures
Shell Ventures
Series B and later1 investor entered at this stage
Advent International
Source: Dealroom Talent Intelligence.
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Market sentiment
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