HeatMatrix Group
Latest round
- Series B
Last raised
- Apr 2014
Total raised
- $3.3M
Investors
- 4
About HeatMatrix Group
Founded in 2008 in the Netherlands, HeatMatrix Group BV focuses on developing heat recovery solutions for industries that generate waste heat. The company has evolved its business strategy to target a broad spectrum of sectors, including food and beverage, manufacturing, and chemicals.HeatMatrix specializes in heat recovery systems designed to optimize energy efficiency for industrial processes that generate waste heat, such as exhaust gases, baking vapors, and warm air flows. The company's core offerings focus on reclaiming and repurposing this lost heat, which can significantly reduce carbon dioxide emissions and energy costs for clients. By implementing these systems, HeatMatrix helps organizations comply with stringent environmental regulations while enhancing their sustainability initiatives. The company's solutions cater to a diverse client base across various sectors, including food and beverage, bakery, manufacturing, and chemical industries.HeatMatrix operates primarily on a B2B model, engaging directly with industrial clients to implement tailored heat recovery solutions. Business transactions are structured around project-based agreements, where clients commission HeatMatrix to design and install heat recovery systems that meet their specific operational needs. The revenue model includes fees for design services, installation, and ongoing maintenance of the systems provided. The focus on delivering customized solutions allows for flexibility in pricing, which is determined based on the scope and complexity of the projects undertaken. The company plans to expand its market presence within Europe, specifically aiming to enter the Scandinavian and Eastern European markets by 2025. This strategic growth is aimed at capitalizing on the increasing demand for energy-efficient solutions in industries facing strict environmental regulations.
Who invested in HeatMatrix Group
4 investors across 1 round
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Funding rounds
Series B
Apr 16, 2014
Amount
$3.3M
Investors
Questions about HeatMatrix Group
Who invested in HeatMatrix Group?
HeatMatrix Group has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HeatMatrix Group raised?
HeatMatrix Group has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did HeatMatrix Group last raise money?
HeatMatrix Group's most recent round on record is a Series B, in Apr 2014.
What does HeatMatrix Group do?
Founded in 2008 in the Netherlands, HeatMatrix Group BV focuses on developing heat recovery solutions for industries that generate waste heat.
Where is HeatMatrix Group headquartered?
HeatMatrix Group is headquartered in Netherlands.
Which VCs invest in companies like HeatMatrix Group?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back power & utilities companies at HeatMatrix Group's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series B
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