Tech Company Financing Transactions
Hyperheat Funding Round
Hyperheat, operating out of Offenburg, scored $3.7 million from Amadeus Apex Technology Fund, Breakthrough Energy Ventures and Finindus.
Transaction Overview
Company Name
Announced On
11/26/2024
Transaction Type
Venture Equity
Amount
$3,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will deploy the fresh capital to accelerate its strategic objectives: continue developing and testing its first industrial products, strengthen its team, intensify R&D efforts to achieve production readiness, and collaborate with pilot customers by 2025.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
In der Spöck 10
Offenburg, 77656
Germany
Offenburg, 77656
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Zero Carbon Industrial Heat from Renewable Energy; HyperHeat is on a mission to enable the world's most energy-intensive industries to reach zero carbon emissions at large scale, low cost and in time to stop climate change.
Management Team
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