Published by Todd Bush on November 27, 2024
HyperHeat Secures €3.5 Million to Advance Zero-Carbon Industrial Heating Technology
HyperHeat, a German climate startup, has raised €3.5 million (USD$3.7 million) in a new funding round to support the development and testing of its renewable energy-powered industrial heating solutions. The company aims to transform the energy-intensive, carbon-heavy processes used by industries like steel, cement, and chemicals.
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Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is creating an electrically-powered heating system capable of reaching temperatures up to 2000°C. This innovation addresses the challenges faced by heavy industries, which contribute over 40 percent of global CO2 emissions. Industrial heating typically relies on fossil fuels to produce products like metals and plastics, exacerbating carbon emissions.
Data from Brookings highlights the immense challenges in decarbonizing heavy industry due to the need for extremely high temperatures and energy-intensive processes. HyperHeat’s system uses oxide ceramics for ultra-hot resistive heating, enabling cost-effective retrofitting of existing industrial furnaces when powered by renewable electricity.
“We’re not just reducing emissions—we’re providing a practical, scalable, and most importantly economical solution for industrial companies facing increasing carbon regulations and market pressure,” said Frederick Lessmann, Co-Founder of HyperHeat. “Our electric heater can retrofit existing furnaces and reach flame-like temperatures with unprecedented efficiency and durability.”
The €3.5 million investment will allow HyperHeat to continue building and testing its first industrial products, expected to launch by 2025. The funds will also accelerate R&D efforts and expand partnerships with pilot customers to deploy the technology.
“Our goal is to bring a transformative and economical solution to industrial heat generation that accounts for nearly 16 percent of global CO2 emissions,” said Dr. Lars Amsbeck, Co-Founder of HyperHeat.
The funding round was led by the Amadeus APEX Technology Fund, with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and a group of angel investors.
Wolfgang Neubert, General Partner at APEX Ventures, commented, “The HyperHeat founding team combines a rare blend of technical brilliance and strategic vision that sets them apart in the industrial decarbonisation space. We’re confident their solution will play a crucial role in reducing carbon emissions and driving sustainable industrial growth.”
HyperHeat’s innovative approach has the potential to revolutionize industrial heating by offering a scalable, cost-effective path to achieving zero-carbon operations.
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