Amadeus Capital Partners
Assembly Line
HyperHeat raises €3.5M to decarbonise the world’s most energy-intensive industries
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.
Heavy industries such as steel, cement, and chemicals account for over 25 per cent of global CO2 emissions, largely due to the high temperatures required in their production processes. These sectors face significant challenges in reducing emissions. To address these challenges, HyperHeat is developing a technology for emission-free, high-temperature heating to help decarbonise these industries. “The cutting-edge technology of HyperHeat allows decarbonising the demand for heat at well over 1000 °C, even up to 2000 °C. This electric heater technology offers a unique value proposition in terms of cost and durability, ideally suited for heavy industries.”