HeatVentors, a Hungarian startup supported by EIT InnoEnergy, provides innovative thermal battery solutions. Their technology delivers energy efficiency, flexible heat storage, and significant cost savings for businesses. With a scalable system, advanced algorithms, and eco-friendly design, HeatVentors is transforming how industries manage heating, cooling, and energy consumption.
Key Milestones:
- 2017: Won the PowerUp! By InnoEnergy startup competition CE grand final.
- 2019: Secured investment from EIT InnoEnergy.
- 2021: Received funding from V3 Partners Private Equity.
- 2024: Projected revenue of €1-1.5 million; launched a €4 million fundraising round expected to close in Q1 2025.
- Expanded business development across the EU, Middle East, and Far-East Asia.
The Impact:
HeatVentors’ thermal batteries reduce energy consumption and carbon emissions, contributing to global green goals. Key benefits include:
- For Businesses: 20-50% energy savings, reducing costs and improving efficiency.
- For the Environment: Eliminates wasted energy and offers a long service life (25+ years), outlasting electric batteries by 3-6 times.
- Scalability: Fits HVAC systems, waste heat sources, and renewable energy integration.
Technologies Highlights:
- Operates in a temperature range of -30°C to +120°C, suitable for heating and cooling.
- 90% weight and space savings compared to Sensible Heat Storage (SHS).
- 10x higher energy density than SHS, with superior performance.
- Maintenance-free design with no moving parts.
- Centralized data recording and monitoring for energy savings visualization.
- Self-learning algorithm adapts to building thermal characteristics.
- “Base Line” algorithm enables performance data tracking.
Environmental Contribution:
HeatVentors’ solution reduces energy consumption, cutting emissions significantly. Their batteries are recyclable and environmentally friendly, with millions of tons of CO2 savings potential. This aligns with global sustainability and economic targets.
