# heata

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

- Industry: Business Support Services
- Headquarters: Godalming, UK
- Website: www.heata.co/
- Total disclosed funding: $1.2M
- Latest round: Seed (Sep 27, 2023)
- Investors on record: 3

## About

Based in Godalming, UK, and founded in 2017 by co-founders Michael Paisley and Chris Jordan, Bit Warmer Limited, doing business as heata provider of consulting services that utilize cloud computing to heat water in homes, lowering businesses' carbon footprint. In September 2023, Bit Warmer Limited trading under the name heata raised GBP 1 million in seed funding led by investor Civo, with participation from investor Green Angel Syndicate and British Gas.

The core product of Heata is the Heata unit, which utilizes the waste heat from cloud computing networks to generate hot water, effectively reducing the carbon emissions associated with computational processes. This technology caters to a wide range of industries, including architectural visualization, animation, research, and more, making it a versatile solution for businesses seeking to minimize their carbon footprint. Heata's software supports popular design and rendering tools such as 3ds Max, Blender, and a range of renderers and plugins, making it a versatile choice for various creative projects. It seamlessly transfers the heat generated during processing to provide up to 3.6 kWh of hot water daily, offsetting a significant portion of a household's energy consumption. Installation takes approximately 2 hours, making it a cost-effective alternative to expensive and disruptive building work.

The company operates on a straightforward pricing model, charging a competitive rate of 1p per GHzh for their distributed sustainable render farm.

The company plans to use the funding to expand its workforce in sales, marketing, design, and IT departments and enhance product offerings.

## Funding rounds

- Seed, Sep 27, 2023, $1.2M — British Gas, Green Angel Syndicate, Civo Ltd

## Investors

- British Gas — Seed
- Green Angel Syndicate (https://capitalatlas.ai/funds/green-angel-syndicate) — Seed
- Civo Ltd — Seed