Offenburg-based HyperHeat, a startup revolutionizing industrial heat with renewable energy, has raised €3.5 million in funding. The round was led by the Amadeus APEX Technology Fund, with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and angel investors. The funds will accelerate R&D and prepare the company’s first industrial products for launch by 2025.
Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat addresses the significant carbon footprint of heavy industries like steel, cement, and chemicals, which account for over 25% of global CO2 emissions.
The company’s innovative electric heater can replace natural gas burners, reaching up to 2000°C using oxide ceramics. Powered by renewable electricity, the technology provides a cost-efficient solution for retrofitting existing high-temperature processes, paving the way for zero-emission industrial operations.
“We’re offering an economical and scalable solution to industries facing growing carbon regulations,” said Dr. Lars Amsbeck. “Our technology not only reduces emissions but also enhances efficiency and durability.”
Industry and Investor Confidence
Wolfgang Neubert, General Partner at APEX Ventures, highlighted the company’s potential: “HyperHeat’s combination of technical innovation and strategic vision positions them to transform industrial decarbonization.”
Finindus Investment Director Hans Maenhout added, “The technology addresses a critical need for high-temperature industrial heat, offering unmatched durability and cost efficiency.”
Scaling Power-to-Heat Innovation
HyperHeat plans to use the funding to expand its R&D efforts, collaborate with pilot customers, and deploy its high-temperature heating systems. By integrating its solution into global clean energy strategies, HyperHeat aims to lead the transition to renewable industrial heat, significantly contributing to decarbonization goals.
With this funding, the startup is poised to transform how energy-intensive industries operate, combining sustainability with economic viability.