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Futraheat
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Short description

Provider of high-temperature heat pumps for industrial applications

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom United Kingdom
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Updated by Cleantech Group on 09/21/2023

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Date Company
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Date Partner Type
11/25/2022
UK Department for Business, Energy and Industrial Strategy (BEIS) UK Department for Business, Energy and Industrial Strategy (BEIS)
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Confirmed by UK Department for Business, Energy and Industrial Strategy (BEIS)
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IPO INFORMATION

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Description

Date Investors Type Amount
08/22/2023 Innovate UK Innovate UK (1)
Post-money valuation of
Funding to manufacture and deploy additional industrial heat pumps and will look to develop a pilot project to produce low cost steam that can reach 150C
Grant $881,005
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