{"id":2980,"date":"2022-01-20T11:35:00","date_gmt":"2022-01-20T11:35:00","guid":{"rendered":"https:\/\/nysnoinvest.no\/nysno-investerer-i-det-norske-varmepumpeselskapet-heaten-as-for-a-fremme-dekarbonisering-av-industriell-sektor\/"},"modified":"2026-04-09T16:15:02","modified_gmt":"2026-04-09T16:15:02","slug":"nysno-investerer-i-det-norske-varmepumpeselskapet-heaten-as-for-a-fremme-dekarbonisering-av-industriell-sektor","status":"publish","type":"post","link":"https:\/\/nysnoinvest.no\/en\/nysno-investerer-i-det-norske-varmepumpeselskapet-heaten-as-for-a-fremme-dekarbonisering-av-industriell-sektor\/","title":{"rendered":"Nysn\u00f8 invests in the Norwegian heat pump technology company Heaten AS to promote decarbonization of industrial sectors"},"content":{"rendered":"\n\n<section class=\"global-px global-article-container post-header\">\n    <h4>January 20, 2022<\/h4>\n<\/section>\n\n\n<h1 class=\"wp-block-post-title\">Nysn\u00f8 invests in the Norwegian heat pump technology company Heaten AS to promote decarbonization of industrial sectors<\/h1>\n\n\n<p class=\"is-style-intro\">Stavanger 20.01.2022 &#8211; Nysn\u00f8 Climate Investments (Nysn\u00f8) invests, together with Azolla Ventures and Shell Ventures, in Heaten AS to develop low-carbon heat solutions for industrial applications.<\/p>\n\n\n\n<p>Heaten AS is a pioneer in high-temperature heat pumps for industrial use. Their technology utilizes waste heat to increase energy efficiency and enable replacement of fossil-fueled heat supply.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>The value of Heaten\u2019s product is two-fold. First, it utilizes a gigantic energy resource \u2013\u00a0industrial waste heat\u00a0\u2013 and second, it allows for the electrification of heat supply to industrial sectors globally. The heat pump principle is well known and widely used in residential buildings today. It requires very specific engineering skills to apply this to industrial sectors with much higher temperature levels and energy flow,<\/em> says Jean Baptiste Curien, Investment Manager at Nysn\u00f8 and adds;<\/p>\n\n\n\n<p>\u2013 Heaten\u2019s products have a tremendous potential for reducing greenhouse gas emissions where it is very challenging. By investing in Heaten, we want to catalyze the deep decarbonization effort of industrial sectors.<\/p>\n<\/blockquote>\n\n\n\n<p><strong>Significant greenhouse gas reduction potential<\/strong><\/p>\n\n\n\n<p>The heating segment is the largest end-user of energy and accounts for around 50% of the total energy consumption globally, according to the&nbsp;<a href=\"https:\/\/www.iea.org\/fuels-and-technologies\/heating\">International Energy Agency<\/a>&nbsp;(IEA). Half of the heat produced is used in industrial processes which rely mostly on fossil fuels for its production. Industrial heat pump technology allows for a more effective and low carbon heat production.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>Circular and fossil-free solutions for industrial sectors are crucial to achieve our global climate goals. Our strategy is to make selected investments in forward-looking companies that develop and implement new technologies. Heaten is a good example of this: A climate technology company with a great commercial and climate potential,<\/em> says Siri Kalvig, CEO of Nysn\u00f8.<\/p>\n<\/blockquote>\n\n\n\n<p><strong>Solid partners<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u2013 <em>We are very pleased to have assembled a robust and competent group of investors around us, and I am confident that with their support we will get extra speed to achieve the goals we have set for ourselves. These are competent institutions who can contribute to our development and growth through valuable expertise, complementary knowledge and relevant networks<\/em>, says Dr. Peter Breithaupt, CEO of Heaten AS.<\/p>\n<\/blockquote>\n\n\n\n<p>Heaten AS has raised NOK 60 million in investments in this series A-round, and Nysn\u00f8 is now joining as shareholder together with Azolla Ventures and Shell Ventures. In 2021 Heaten received EUR 2 million seed funding from the Norwegian investment company Valinor in addition to a grant from Innovation Norway.<\/p>\n\n\n\n<p><strong>Contact<\/strong><\/p>\n\n\n\n<p>Dr. Peter Breithaupt, CEO in Heaten AS,&nbsp;<a href=\"mailto:ppb@heaten.com\">ppb@heaten.com<\/a>, Phone: +47 919 94&nbsp;503<\/p>\n\n\n\n<p>Jean-Baptiste Curien, Investment Manager in Nysn\u00f8,&nbsp;<a href=\"mailto:jbc@nysnoinvest.no\">jbc@nysnoinvest.no<\/a>, Phone: +47 95 01 68 62<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stavanger 20.01.2022 &#8211; Nysn\u00f8 Climate Investments (Nysn\u00f8) invests, together with Azolla Ventures and Shell Ventures, in Heaten AS to develop low-carbon heat solutions for industrial&#8230;<\/p>\n","protected":false},"author":3,"featured_media":2981,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wds_primary_category":2,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/2980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/comments?post=2980"}],"version-history":[{"count":0,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/posts\/2980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media\/2981"}],"wp:attachment":[{"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/media?parent=2980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/categories?post=2980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nysnoinvest.no\/en\/wp-json\/wp\/v2\/tags?post=2980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}