Heaten: Funding, Investors & Team (Sep 2026)
Heaten is an industrial start-up, tackling one of the most difficult problems for numerous industries, namely, to accelerate the electrification of heat with the prospect of deep-decarbonization, while providing viable roadmaps, both technically and economically to rapidly de-carbonize industrial heating processes. Heaten is a start-up with an 8 years R&D history in heat-to-power (Organic Ranking Cycle) and power-to-heat machines (heat pump). Our technology platform and knowledge are leading the efforts to deliver process temperatures of currently realized 165 degrees Celsius which covers 30% of the energy demand of all industrial heating processes, equivalent to a €39billion TAM in the EU-28 market only. Heaten's technology platform can achieve up to 400 degrees Celsius (R&D roadmap). Heaten AS has gone through the full cycle of R&D, prototyping, engineering, and design to successfully deliver 200kW heat pumps and industrial equipment to a customer. We are now looking to scaling the existing platform to meet industry needs and staying ahead of the competition by leading R&D and secure IP into medium-temperature process heat.
Heaten has raised $3.1M across 1 funding round on record, the most recent an undisclosed round of $3.1M announced in Jun 2021.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Heaten Company Profile and Key Stats
Latest funding round on record: Jun 2021.
Heaten Funding Rounds
Heaten Founders and Leadership Team
No contact details are on record for this team yet.
Heaten Funding Compared to Other Energy Startups
Heaten's latest round of $3.1M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Heaten Funding FAQs
What does Heaten do?
Heaten is an industrial start-up, tackling one of the most difficult problems for numerous industries, namely, to accelerate the electrification of heat with the prospect of deep-decarbonization, while providing viable roadmaps, both technically and economically to rapidly de-carbonize industrial heating processes. Heaten is a start-up with an 8 years R&D history in heat-to-power (Organic Ranking Cycle) and power-to-heat machines (heat pump). Our technology platform and knowledge are leading the efforts to deliver process temperatures of currently realized 165 degrees Celsius which covers 30% of the energy demand of all industrial heating processes, equivalent to a €39billion TAM in the EU-28 market only. Heaten's technology platform can achieve up to 400 degrees Celsius (R&D roadmap). Heaten AS has gone through the full cycle of R&D, prototyping, engineering, and design to successfully deliver 200kW heat pumps and industrial equipment to a customer. We are now looking to scaling the existing platform to meet industry needs and staying ahead of the competition by leading R&D and secure IP into medium-temperature process heat.
How much funding has Heaten raised?
Heaten has raised $3.1M across 1 round on record. The most recent is an undisclosed round of $3.1M announced in Jun 2021.
When did Heaten last raise funding?
Heaten's most recent funding round on record is an undisclosed round of $3.1M, announced in Jun 2021.
Who is the CEO of Heaten?
Peter Breithaupt is listed as CEO at Heaten.
Where is Heaten headquartered?
Heaten is based in Mandal, Vest-Agder, Norway.
How many employees does Heaten have?
Heaten is in the 1-10 employee band.
How does Heaten's funding compare to other Energy startups?
Heaten's latest round of $3.1M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Heaten Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Heaten is left off this page rather than filled in.
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