Hyperheat
Latest round
- Seed
Last raised
- Sep 2024
Total raised
- $3.9M
Investors
- 5
About Hyperheat
Based in Offenburg, Germany, and founded in 2023, Hyperheat GmbH specializes in advanced heating technology that reaches temperatures of up to 1,950°C for critical applications, including cement production and metal melting. HyperHeat’s core technology enables process heat generation of up to 1,950°C, which is essential for applications such as cement burning, steel and glass melting, and basic chemical production. By utilizing renewable electricity rather than relying on fossil fuels, HyperHeat's offerings facilitate significant reductions in carbon outputs while also supporting grid demand management through thermal storage systems. The revenue model for HyperHeat is structured around direct business-to-business transactions, primarily targeting large industrial clients that require substantial process heat. The company engages in long-term partnerships with its customers, providing tailored solutions that align with their specific industrial needs. Transactions involve contracts for technology deployment, ongoing maintenance, and potential subscription services for software and monitoring tools associated with their heating systems.
Who invested in Hyperheat
5 investors across 1 round
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Funding rounds
Seed
Sep 26, 2024
Amount
$3.9M
Investors
Questions about Hyperheat
Who invested in Hyperheat?
Hyperheat has 5 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 Hyperheat raised?
Hyperheat has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Hyperheat last raise money?
Hyperheat's most recent round on record is a Seed, in Sep 2024.
What does Hyperheat do?
Based in Offenburg, Germany, and founded in 2023, Hyperheat GmbH specializes in advanced heating technology that reaches temperatures of up to 1,950°C for critical applications, including cement production and metal melting.
Where is Hyperheat headquartered?
Hyperheat is headquartered in Offenburg, Germany.
Which VCs invest in companies like Hyperheat?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back heating, cooling & ventilation equipment and services companies at Hyperheat's stage. Their profiles are linked below.
VCs backing heating, cooling & ventilation equipment and services startups at Seed
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