HyperHeat plans to use the funds to continue building and testing its first industrial products, which are expected to be deployed by 2025.

Over 25% of global CO2 emissions come from heavy industry, making products critical to our modern way of life but contributing to global warming. Steel, cement, and chemicals production are the world's most carbon-intensive industries. These sectors face significant challenges in decarbonisation, including the need for extremely high temperatures and the inherent release of carbon dioxide during production processes.

To address these challenges, innovative solutions must be developed to reduce emissions and transition to sustainable practices. HyperHeat is rising to the challenge by developing a breakthrough technology for emission-free, high-temperature heating. Its mission is to move fossil fuel-reliant industries like steel, cement, and chemicals toward a future powered by renewable electrical energy.

To do this, the company is developing an electrically-powered system capable of reaching unmatched temperatures of up to 2000°C without typical degradation.

The novel low-cost industrial heater uses oxide ceramics for ultra-hot resistive heating. Its solution can be compared to a super-hot electric hair dryer, a drop-in replacement for a natural gas burner. This heater can rapidly decarbonise high-temperature processes in industries like steel, cement, and chemicals through cost-efficient retrofitting when powered by renewable electricity.

“Our goal is to bring a transformative and economical solution to industrial heat generation that accounts for nearly 16 percent of global CO2 emissions,” said Dr Ing. Lars Amsbeck, Co-Founder and Co-CEO of HyperHeat.

Frederick Lessmann, Co-Founder and Co-CEO of HyperHeat continues: “We’re not just reducing emissions – we’re providing a practical, scalable, and most importantly economical solution for industrial companies facing increasing carbon regulations and market pressure. Our electric heater can retrofit existing furnaces and reach flame-like temperatures with unprecedented efficiency and durability.”

“The HyperHeat founding team combines a rare blend of technical brilliance and strategic vision that sets them apart in the industrial decarbonisation space. We're confident their solution will play a crucial role in reducing carbon emissions and driving sustainable industrial growth," said Wolfgang Neubert, General Partner at  APEX Ventures.

“More than 60% of the industry’s energy is required in the form of heat. Much of this is high-temperature heat generated by burning fossil fuels. 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,” said Hans Maenhout, Investment Director at Finindus.

Based in Germany, near the border with France, HyperHeat was founded in 2023 by Dr Lars Amsbeck and Frederick Lessmann and is at the forefront of the power-to-heat movement to decarbonise industries that have long relied on fossil fuels.

With this investment, HyperHeat will increase its R&D efforts and deploy the technology in partnership with pilot-customers. By offering a high-temperature heating solution that aligns with the world’s clean energy goals, HyperHeat is well-positioned to become a leader in renewable industrial heat and contribute to a sustainable future for our planet.

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