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Germany’s HyperHeat raises €3.5M for its renewable industrial heat tec

Summary by Silicon Canals

Offenburg-based HyperHeat, a German startup focused on creating zero-carbon industrial heat using renewable energy, has raised €3.5M in funding. The company will use the funds to develop and test its first industrial products, which are set to launch by 2025. The investment was led by Amadeus APEX Technology Fund, with support from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and several business angels. Wolfgang Neub…

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FinSMEs

Hyperheat Raises $3.7M in Funding

Hyperheat, an Offenburg, Germany-based startup that develops electric heaters for steel, cement, and chemicals industries, raised $3.7m in funding. The round was led by Amadeus APEX Technology Fund, with participation from Finindus, Possible Ventures, E44 Ventures, and Breakthrough Energy Fellows. The company intends to use the funds to expand operations and its development efforts. Founded in 2023 […] The post Hyperheat Raises $3.7M in Funding …

4 months ago

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ESG Today

Cleantech Startup HyperHeat Raises €3.5 Million for Solution to Decarbonize Industrial Heat

German climate startup HyperHeat announced that it has raised €3.5 million (USD$3.7 million) in a new funding round, with proceeds aimed at supporting the building and testing of its solutions to use renewable energy to produce zero-carbon industrial heat. Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is developing a system that […]

4 months ago

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