HyperHeat

Country
Germany
First investment date
Status
Active
Finindus lead
Hans Maenhout
Investment domains
Sustainable manufacturing
Co-investors
APEX Ventures
E44
Possible Ventures
HyperHeat

HyperHeat develops and commercializes electric heaters addressing the need for electrification of high temperature heat generation within energy intense industries, such as the (petro)chemical, glass, cement and steel industry. The technology is targeted to rival the adiabatic flame temperatures of natural gas burners (close to 2000°C) using oxide ceramics for ultra-hot resistive heating. The smart, patent pending, integration of such materials results in a long lifetime with a low upfront investment cost.


“More than 60% of the industry’s energy is required in the form of heat. A large part of this is actually high-temperature heat currently generated by burning fossil fuels. The cutting-edge technology of HyperHeat allows to decarbonize 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.”

Website
https://hyperheat.de/

What do our companies say ?

  • Der Aufbau eines Spin-Off Unternehmens und das Upscaling aufgebauter Technologien ist nicht völlig risikofrei. Hier hat sich Finindus nicht nur als Investor sonder auch als verlässlicher Partner herausgestellt, mit dem auch mal Engpässe überwunden werden können. Kann das eingeschlagene Konzept bestätigt werden, so ist die langfristige Investionsausrichtung van Finindus eine verlässige Wachtstumsgrundlage.

    Dr. Dirk Bohmann, founder of Borit GmbH

  • When Expanite was looking for new investors in 2014, a clear objective was to find international partners who could bring more to the company than simply financial support. After having Finindus on board for two years, we can confirm that we found exactly what we were looking for. The combination of skills, international outlook and experience - as well as insight into our industry - brings true value to our company.

    Thomas Abel Sandholdt, CEO of Expanite, DK

  • From the start, we were impressed by Finindus's knowledge of the industry and the opportunity for collaboration. Within a few months of closing the investment, we are already pursuing several potential projects together with ArcelorMittal and OCAS. The Finindus team has been great to work with, and the deep knowledge of and connections within the steel industry have been extremely valuable in accelerating our company's development. 

    Eric Smith, CEO Keystone Tower Systems

  • Finindus has been an ideal shareholder for us, investing with a long-term horizon and showing commitment in everything they do. Over the past 10 years, and by participating actively in our board, the hav contributed with very valuable strategic as well as more industry-specific knowledge and have shown a tremendous engagement in he development of the company. 

    Per Wassen, President ad CEO of PowerCell Sweden AB