Top 10 Energy-efficient heating startups

Updated: February 08, 2024

Energy-efficient heating startups are developing innovative technologies and solutions, such as high-efficiency heat pumps, smart thermostats, and advanced insulation materials, that aim to optimize heating systems, reduce energy consumption, and minimize environmental impact, providing efficient and sustainable heating solutions for residential, commercial, and industrial applications while promoting energy conservation and reducing carbon emissions.
1
Country: UK | Funding: £447M
OVO Energy is an independent energy technology company and supplier. OVO also installs world’s most advanced storage heaters
2
Country: USA | Funding: $266.6M
BlocPower is offering smart, all electric heating, cooling, and hot water systems to building owners for no money down.
3
Country: Sweden | Funding: $248.3M
Aira operates as a clean energy-tech company driving the clean energy revolution with air source heat pumps.
4
Country: USA | Funding: $230M
Nest Labs is a home automation producer of programmable, self-learning, sensor-driven, Wi-Fi-enabled thermostats, smoke detectors, and other security systems. It develops Nest Learning Thermostat and other smart home products. Acquired by Google.
5
Country: Germany | Funding: $217.5M
Tado° offers smart thermostats and apps that adjusts to the real-time behavior of residents in private homes and small businesses.
6
Country: USA | Funding: $134.5M
Dandelion is an Alphabet spinout that develops geothermal heating, air-conditioning and cooling systems
7
Country: USA | Funding: $83.5M
Sealed covers the upfront costs to install energy-saving upgrades like insulation, smart tech, and HVAC to make your house feel like new.
8
Country: USA | Funding: $82M
Rondo Energy invented new, surprisingly simple solution to the critical need for low cost, zero-carbon heat.
9
Country: UK | Funding: $77.9M
Hometree operates as an online-led boiler installation company.
10
Country: Canada | Funding: $75.1M
BrainBox AI utilizes cloud-based computing, algorithms, and a proprietary process to create an autonomous building technology.
11
Country: France | Funding: €48M
Qarnot designs and develops Q.rad, a computing heater embedding microprocessors as a heat source and connected to the Internet.
12
Country: Sweden | Funding: SEK460M
Qvantum is a comprehensive supplier of innovative and efficient electric heat-pumps.
13
Country: Ireland | Funding: $36.9M
Exergyn is a clean-tech company that develops waste heat recovery and conversion technology.
14
Country: USA | Funding: $35.9M
Radiator Labs invented Cozy - a wireless, low-cost and easily installed retrofit that drops on top of steam heat radiators, providing a solution to the chronic problem of uneven heating in apartment buildings. Installation throughout a building can save up to 45 percent in heating costs and reduce GHG emissions by an average of 25 percent.
15
Country: Germany | Funding: €25.5M
Kraftblock is the energy storage, based on a bottom-up materials-development, which enables the energy transition to 100% renewables in an ecological and economical sensfull way.
16
Country: Finland
Leanheat aims to use artificial intelligence to improve climate control in multi-family buildings.
17
Country: France | Funding: €15M
Jimmy specializes in designing and operating thermal generators that replace fossil fuels, enabling clients to get an effective and massively applicable alternative to decarbonize process heat in the short term and is cheaper than fossil fuels
18
Country: Netherlands | Funding: €15M
HeatTransformers provides a digital platform intended to install hybrid heat pumps.
19
Country: Netherlands | Funding: €11.2M
Triple Solar is on a mission to achieve maximum impact in reducing CO2 emissions while heating homes. The company has developed heat pump systems using PVT panels as an energy source.
20
Country: Germany | Funding: €9.9M
MagnoTherm's cutting-edge energy conversion solutions allow cooling and heating with low pressure systems and is 40% more efficient than current systems.
21
Country: USA | Funding: $10.8M
Harvest Thermal develops a control system for home use that integrates heating, hot water, and cooling with thermal storage.
22
Country: Norway | Funding: $10.3M
Heaten accelerates heat electrification for deep decarbonisation. Their HeatBooster, transforming waste heat into a valuable resource, offers viable solutions for the rapid decarbonization of industrial heating, blending economic feasibility with technical prowess in the green industrial revolution.
23
Country: USA | Funding: $9M
Quilt is building a sleek and AI-driven ductless heat pump system for the home.
24
Country: UK | Funding: $8M
Naked Energy has developed an innovative hybrid solar technology generating combined heat and power.
25
Country: Canada | Funding: $6.1M
dPoint develops and sells membranes and energy recovery technology that significantly improve the energy efficiency and air quality in buildings. It has adapted its patented fuel-cell heat and humidity exchanger technology for use in energy recovery ventilator systems, which transfer heat and humidity between the intake and exhaust in a residential or commercial building’s ventilation system.
26
Country: Germany | Funding: €5M
Vilisto’s flagship product is an intelligent, self-learning and fully automatic heating thermostat for non-residential buildings, with proven savings of more than 32%.
27
Country: France | Funding: €5M
Equium goal is to create a French market for acoustic heat pumps.
28
Country: Netherlands | Funding: €4.8M
Quatt designs AI-powered smart hybrid heat pumps to accelerate the decrease of gas consumption.
29
Country: Lesotho | Funding: €4.5M
African Clean Energy produces the ACE 1 Ultra-Clean Biomass Cookstove, improving health and environment, and reducing poverty.
30
Country: Germany | Funding: €4.4M
DABBEL controls the energy system in buildings using AI technology, reducing energy consumption and CO₂ emissions up to 40%
31
Country: USA | Funding: $4.5M
Shifted Energy enable electric water heaters to consume excess renewable energy and provide grid services.
32
Country: France | Funding: €1.3M
hestiia is a manufacturing company that develops smart electric radiators that are eco-friendly.
33
Country: USA | Funding: $1M
TTC Energy develops technology to generate an alternative fuel using wood chips.
34
Country: Serbia
SmartCat develops software (powered by AI) used to optimize heating and cooling devices, i.e. to reduce electricity consumption.
35
Country: Germany | Funding: $806.3K
eCozy wants to eliminate the user's pain of setting up a digital thermostat, maintain comfortable and price-reasonable heating regimes. eCozy’s ergonomic shape & form makes it a long-lasting solution for years.
36
Country: USA | Funding: $150k
Hank is enabling service providers and building owners to proactively manage HVAC costs, lower tenant complaints, and strengthen relationships with an AI-powered virtual building engineer.
37
Country: Netherlands
Sobolt focuses on facilitating resilience building and climate adaption. Its AI solution HeatPuls maps heat losses in buildings by interpreting these heat scans automatically.
38
Country: Netherlands
DeWarmte specializes in recovering heat from domestic wastewater and it is used to make hot tap water.
39
Country: UK
Deep Green has developed a “digital boiler” technology to use the heat produced by data centers for swimming pools, apartment blocks, distilleries, laundrettes, and bakeries.
40
Country: USA
Onsemble is a tool built for the modern homeowner to make the electric choice the easy one: an app that helps you seamlessly navigate the incentive and contractor landscape, replacing your old gas-burning appliance with the electric alternative.