# Futraheat

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/futraheat

- Industry: Industrial Machinery
- Headquarters: UK
- Website: www.futraheat.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Mar 31, 2023)
- Investors on record: 1

## About

Based in the UK and founded in 2016 by its CEO, Tom Taylor, Futraheat Limited operates as a company dedicated to providing high-temperature heat pump technology for industries to achieve net-zero carbon emissions. In April 2023, Futraheat raised GBP 1.5 million in seed funding, led by Clean Growth Investment Management, with participation from individual investors.

The company's flagship product, TurboClaw, is a turbo-compressor that operates at reduced speeds and enables the recovery of waste heat from as low as 70°C and delivers heat up to 150°C, for a wide range of industrial applications from drying to frying.

The company plans to use the seed funding to further expand its workforce, accelerate product development, and commercialize its heat pump technology.

## Funding rounds

- Seed, Mar 31, 2023, $1.9M — Clean Growth Investment Management

## Investors

- Clean Growth Investment Management (https://capitalatlas.ai/funds/clean-growth-investment-management) — Seed