About Heaten
Heaten is a company based in Kristiansand (Norway) founded in 2020 was acquired by Advent International in October 2024. Heaten has raised $9.06 million across 2 funding rounds from investors including Shell Ventures, Nysno and Azolla Ventures. Heaten offers products and services including HeatBooster HBL4 and HeatBooster HBL16.
- Headquarter Kristiansand, Norway
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Heaten As
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9.06 M (USD)
in 2 rounds
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Latest Funding Round
$6.79 M (USD), Series A
Jan 25, 2022
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Investors
Shell Ventures
& 4 more
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Employee Count
Not available
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Acquired by
Advent International
(Oct 04, 2024)
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Products & Services of Heaten
Heaten offers a comprehensive portfolio of products and services, including HeatBooster HBL4 and HeatBooster HBL16.
The HeatBooster HBL4 is utilized for recovering energy from waste heat to produce up to 2 MW of high-temperature output for industrial processes.
The HeatBooster HBL16 is employed for larger-scale energy recovery, providing up to 8 MW of output for high-temperature applications in various industries.
People of Heaten
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Funding Insights of Heaten
Heaten has successfully raised a total of $9.06M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.79 million completed in January 2022. 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.
Investors in Heaten
Heaten has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell Ventures, Nysno and Azolla Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm backed by Shell
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Sustainable investments are made by Valinor in energy and infrastructure.
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Locked | Locked | Locked | |
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Private equity firm focused on multiple sectors
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Locked | Locked | Locked |
Investor details for Heaten
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Investments & Acquisitions by Heaten
Investment portfolio details for Heaten
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Financial Statements - Heaten
Detailed financials for Heaten
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Heaten Comparisons
Peer comparison for Heaten
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Competitors of Heaten
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Latest news on Heaten
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Frequently Asked Questions about Heaten
Heaten was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Heaten is headquartered in Kristiansand, Norway. It is registered at Kristiansand, Agder, Norway.
Jeroen Koot is the current CEO of Heaten.
Heaten is a funded company, having raised a total of $9.06M across 2 funding rounds to date.
Developer of high-temperature heat pumps for industrial decarbonization. These heat pumps efficiently recover waste heat and convert it into high-temperature water or steam, reducing energy consumption and carbon emissions. The technology utilizes a piston-based compressor, offering high efficiency, flexibility, and scalability for various industrial applications. The modular design allows for adaptable system configurations to meet specific process requirements. The heat pumps are suitable for diverse sectors including food and agriculture, chemicals, paper production, building materials, and energy.
Heaten offers HeatBooster HBL4 and HeatBooster HBL16.
Heaten has 5 investors. Key investors include Shell Ventures, Nysno, Azolla Ventures, Valinor, and Advent International.