About Futraheat
Futraheat is a company based in Surbiton (United Kingdom) founded in 2021 by Scott Mackenzie, Tom Taylor, and Ruth Cattell.. Futraheat has raised $2.54 million across 1 funding round from investors including UK Research and Innovation, Dynamic Boosting Systems and Clean Growth Fund. Futraheat offers products and services including Greensteam 360 and TurboClaw Compressor. Futraheat operates in a competitive market with competitors including Resideo, Operto, Switchee, epilot and KODE Labs, among others.
- Headquarter Surbiton, United Kingdom
- Founders Scott Mackenzie, Tom Taylor, Ruth Cattell
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Sectors
Business ServicesEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Futraheat Limited
- Date of Incorporation 15 Aug, 2016
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.54 M (USD)
in 1 rounds
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Latest Funding Round
$2.54 M (USD), Seed
Mar 31, 2023
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Investors
UK Research and Innovation
& 3 more
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Employee Count
Employee Count
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Products & Services of Futraheat
Futraheat offers a comprehensive portfolio of products and services, including Greensteam 360 and TurboClaw Compressor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
300kW heat pump for delivering steam up to 150°C in factories.
Oil-free compressor for sub-MW heat pump applications.
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Funding Insights of Futraheat
Futraheat has successfully raised a total of $2.54M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.54 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(31 Mar 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Seed - Futraheat | Valuation | Clean Growth Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Futraheat
Futraheat has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include UK Research and Innovation, Dynamic Boosting Systems and Clean Growth Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage cleantech entrepreneurs are supported with expert capital.
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Research and innovation funding is managed for UK advancement.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Futraheat
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Futraheat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Futraheat Comparisons
Competitors of Futraheat
Futraheat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Resideo, Operto, Switchee, epilot and KODE Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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SaaS-enabled solutions for building energy management are offered.
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Customer management solutions including CRM and automation are provided.
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| domain | founded_year | HQ Location |
SaaS driven building operating system
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Oil immersion cooling solutions for data centers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Futraheat
Frequently Asked Questions about Futraheat
When was Futraheat founded?
Futraheat was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Futraheat located?
Futraheat is headquartered in Surbiton, United Kingdom.
Who is the current CEO of Futraheat?
Tom Taylor is the current CEO of Futraheat. They have also founded this company.
Is Futraheat a funded company?
Futraheat is a funded company, having raised a total of $2.54M across 1 funding round to date. The company's 1st funding round was a Seed of $2.54M, raised on Mar 31, 2023.
What does Futraheat do?
Futraheat was established in 2021 and is headquartered in Surbiton, United Kingdom. High-temperature heat pumps are developed and provided for commercial use within the energy sector. The companys operations center on the Turboclaw, a turbo-compressor designed for high-temperature performance at reduced speeds. Services target industrial heating requirements, with a focus on efficiency in commercial environments across the region.
Who are the top competitors of Futraheat?
Futraheat's top competitors include Switchee, Resideo and UrbanChain.
What products or services does Futraheat offer?
Futraheat offers Greensteam 360 and TurboClaw Compressor.
Who are Futraheat's investors?
Futraheat has 4 investors. Key investors include UK Research and Innovation, Dynamic Boosting Systems, Clean Growth Fund, and Projectiveltd.