What Heaten does

Heaten (legal entity Heaten AS, domiciled in Norway, operational headquarters in Remscheid, Germany; subsidiary Heaten Germany GmbH in Cologne) designs, manufactures, and sells industrial high-temperature heat pumps branded HeatBooster that recover waste heat from industrial processes and upgrade it to usable process heat at up to 200°C in water form or 180°C steam at 10 bar(a). The product line is built around a proprietary piston compressor and mechanical vapor compression architecture, offered in two modular platforms — HBL4 (0.8–2.5 MWth per unit) and the forthcoming HBL16 (3.2–10 MWth per unit) — each available in water-to-water, water-to-steam, and steam-to-steam configurations and scalable to 50+ MWth through parallel, cascading, or two-stage arrangements. A single hardware platform supports HFO and hydrocarbon refrigerants, and the company offers lifecycle services (planned maintenance at 10k/40k/80k hours, remote monitoring via a My Plant interface, and 24/7/365 support) delivered globally through its strategic partnership with INNIO, which provides manufacturing capacity, 600+ piston-engine specialists, and a service network across more than 100 countries.

Heaten sells directly to industrial enterprises via a field sales motion that combines technical consultation, feasibility assessment, and custom engineering design, supplemented by funded-pilot programs that can cover up to 70% of project cost through EU and national decarbonization grants (EU Innovation Fund, Horizon Europe, BAFA, KfW, BIK, UIP). Named customers include ArcelorMittal (steel waste heat to district heating under the EU HURRICANE project), Südzucker (sugar evaporation at up to 180°C, –65% CO₂), MARS (food processing at 150°C, –40% energy cost), Bayer (pharmaceutical-grade steam), BENEO (food ingredients drying), Felix Schoeller (pulp and paper), INNIO Jenbacher (energy center), and Thompson Bros (whisky distillery). The company was acquired by Advent International in October 2024 to industrialize manufacturing in partnership with INNIO and accelerate market rollout, following prior equity rounds led by Nysnø Climate Investments, Shell Ventures, Azolla Ventures, and Valinor.

Name

Heaten

Legal name

Heaten AS

Website

https://heaten.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Heaten (Heaten AS) develops and sells industrial high-temperature heat pumps (HeatBooster) that upgrade waste heat into process steam or water up to 200°C, serving heavy-industry customers in sugar, food, pharma, steel, paper, and distilling across Europe.

Ownership category

akta.pro rank

Product category

Industrial High-Temperature Heat Pumps

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Heat Pumps (Air/Water/Ground Source) (IMAHAKAF)

akta.pro secondary industries

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)

Keywords

• Industrial heat pumps
• High temperature heat pumps
• Process heat decarbonization
• Waste heat recovery
• Industrial electrification

Headquarters

HQ city

Remscheid

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Heat Pump Hardware Sales: Sale of HeatBooster high-temperature heat pump systems ranging from 1-50 MWth capacity. Systems sold directly to industrial customers for process heat replacement. Includes modular configurations for different capacity requirements.
2. Service and Maintenance: Comprehensive lifecycle services including planned maintenance, oil service at 10,000 hours, minor overhaul at 40,000 hours, major overhaul at 80,000 hours. Remote monitoring via My Plant interface, 24/7/365 support hotline. Spare parts and on-site technician services.
3. Project Development and Funding Support: Assistance with identifying and applying for national and European funding programs. Services include CO2 calculations, business case development, project planning, compliance reporting, and monitoring/verification documentation. Eligible projects may receive up to 70% cost coverage.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Heaten designs, manufactures, and services industrial high-temperature heat pumps (the HeatBooster family) that recover waste heat from industrial processes and upgrade it to usable process heat of up to 200°C (water) or 180°C/10 bar(a) (steam). The HeatBooster HBL4 (0.8–2.5 MWth) and forthcoming HBL16 (3.2–10 MWth) units are sold directly to large industrial customers and are scalable from 1 to 50+ MWth via modular parallel, cascading, or 2-stage configurations. Heaten also provides lifecycle services (planned maintenance, overhauls, remote monitoring via My Plant, 24/7 hotline) and funding-program support that can cover up to 70% of project costs through EU and national grants.

Product overview

Heaten offers the HeatBooster, a modular industrial high-temperature heat pump system for waste heat recovery. The product line includes two main platforms: HBL4 (1-10 MWth per unit) and HBL16 (3.2-10 MWth per unit), each available in three configurations: W/W (water-to-water), W/S (water-to-steam), and S/S (steam-to-steam). Systems can be scaled to 50+ MWth through parallel, cascading, or 2-stage configurations. The company also provides lifecycle services including maintenance, remote monitoring via the My Plant interface, and spare parts support.

Differentiator

Problem solved

Functional benefit

Brands

• HeatBooster: Industrial high-temperature heat pump product line delivering process heat up to 200°C, ranging from 1-50+ MWth capacity. Includes HBL4 and HBL16 models.

Products and services

• HeatBooster HBL4-W/W (Water-to-Water) Water-to-water industrial high-temperature heat pump with 0.8–2.5 MWth thermal output, recovering heat from water sources and delivering water at 90–200°C for industrial processes.
• HeatBooster HBL4-W/S (Water-to-Steam) Water-to-steam industrial high-temperature heat pump with 0.8–2.5 MWth thermal output, producing steam up to 180°C at up to 10 bar(a) for industrial process steam applications.
• HeatBooster HBL4-S/S (Steam-to-Steam) Steam-to-steam industrial high-temperature heat pump with heat source pressure range 0.15–4.7 bar(a) and heat sink pressure up to 10 bar(a), for applications with steam on both source and sink sides.
• HeatBooster HBL16-W/W (Water-to-Water) Large-scale water-to-water industrial high-temperature heat pump delivering 3.2–10 MWth thermal output, designed for large industrial heat-recovery applications with heat sink temperatures up to 200°C.
• HeatBooster HBL16-W/S (Water-to-Steam) Large-scale water-to-steam industrial high-temperature heat pump with 3.2–10 MWth thermal output for district heating and industrial steam generation.
• HeatBooster HBL16-S/S (Steam-to-Steam) Large-scale steam-to-steam industrial high-temperature heat pump delivering 5.2–10 MWth thermal output, for industrial applications requiring steam on both heat source and heat sink sides.
• Maintenance & Lifecycle Services Comprehensive maintenance and lifecycle service programs for HeatBooster installations, including planned maintenance, scheduled oil service and overhauls, spare parts, and on-site technician support, targeting a 20+ year asset lifetime.
• Remote Monitoring & Support 24/7/365 remote monitoring, diagnostics, and support service for HeatBooster installations, with an integrated My Plant interface for plant control and guaranteed response times.
• Project Development and Funding Support End-to-end project development and funding-application support service that helps industrial customers secure national and EU grants (up to 70% of project costs) for HeatBooster installations, including CO2 calculations, business cases, project planning, and compliance reporting.

Quantifiable outcome

• CO2 emissions reduced by 65% while maintaining process temperatures up to 180°C (Südzucker case)
• +6 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• INNIOflagshipStrategic or Co-development Partner · 1 October 2024Strategic partnership with INNIO, a global market leader in energy solutions. INNIO provides manufacturing capacity for thousands of compressors and high-temperature heat pumps annually, backed by over 600 piston-engine specialists. Combined with INNIO's global service and maintenance network spanning 100+ countries, the partnership ensures rapid deployment, reliable operation, and seamless support worldwide.
• SüdzuckercoreStrategic or Co-development Partner · 1 January 2023Strategic collaboration announced in 2023. Südzucker deployed HEATEN's HeatBooster technology, replacing steam boiler with heat pump cutting CO2 emissions by 65% while maintaining 180°C process temperatures.
• BENEOcoreStrategic or Co-development Partner · 1 January 2023Strategic collaboration announced in 2023. BENEO installed HBL4-W/W heat pump at Wijgmaal, Belgium facility for drying rice ingredients.
• AVL SchrickcoreTechnology or Integration · 1 March 2021Letter of Intent signed for joint technology development and knowledge exchange. AVL Schrick to support scaling, engineering, and small-series manufacturing of HEATEN's 1MW very-high-temperature heat pump and ORC technologies. Combines HEATEN's technology with AVL's quality engineering and global commercial reach.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• MAN Energy Solutions (Everllence): Industrial high-temperature heat pumps for process and district heating applications at MWth scale, with comparable piston-based turbomachinery heritage and a strong European industrial customer base. Direct overlap in target verticals (chemicals, district heating) and temperature range.
• Mayekawa: Japanese specialist in industrial heat pumps (including high-temperature models) and industrial refrigeration. Comparable focus on process heat for food, beverage, and chemical industries, with growing European presence.
• Star Refrigeration: UK-based industrial refrigeration and heat pump specialist serving food, beverage, and district heating customers. Directly comparable business model of custom-engineered MWth-scale heat pumps for industrial decarbonization.

Broad incumbents

• Siemens Energy: Industrial heat pumps (SHP series) for district heating and process steam up to 150°C, embedded within a much broader energy portfolio (gas turbines, grid, electrification). Comparable end-markets and a wider service network.
• Atlas Copco: Industrial compressor and heat pump portfolio, including high-temperature heat pumps for industrial process applications. Overlaps in compressor technology and industrial customer relationships across Europe.
• GEA Group: Major German manufacturer of refrigeration and heating equipment including industrial heat pumps for food, beverage, and chemical industries. Competes in similar verticals (food processing, dairy, chemicals) with established service infrastructure.
• Trane Technologies: Global HVAC and thermal-management major with an industrial heat pump portfolio and broad commercial reach. Less specialized in very-high-temperature (>150°C) industrial process heat but increasingly competing for adjacent decarbonization projects.

Emerging players

• Clauger: French industrial refrigeration and heat pump specialist with growing focus on industrial process heat decarbonization. Comparable engineering-led, project-by-project approach to industrial customers in food and chemicals.
• Qpinch: Belgian industrial heat pump technology company targeting waste-heat recovery at high temperatures for chemicals and process industries. Overlaps with Heaten on the waste-heat-to-process-heat value proposition for European heavy industry.

Others

• Kelvion: Manufacturer of heat exchangers and related thermal-transfer equipment used in industrial HVAC and process applications. Complementary rather than competing directly, but adjacent in the industrial heat pump supply chain and target customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UClBkbVClbytOTtd6eFNkncw
• LinkedInlinkedin.com/company/heaten-as

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Heaten