Upheat Overview
- Year Founded
-
2024
- Status
-
Private
- Employees
-
18
- Latest Deal Type
-
Series A
- (Upcoming)
- Investors
-
5
Upheat General Information
Description
Developer of high-temperature pumps designed to convert waste heat into energy savings. The company's product utilizes oil-free compressors, natural refrigerants, and advanced turbo compression technology with features like minimal maintenance, flexible operation, and modular design, enabling industries to reduce environmental impact, achieve significant energy efficiency, and support decarbonization efforts in high-temperature processes.
Contact Information
Website
www.upheat.comCorporate Office
- Nuutisarankatu 12
- 33900 Tampere
- Finland
Corporate Office
- Nuutisarankatu 12
- 33900 Tampere
- Finland
Upheat Timeline
Upheat Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | Upcoming | Generating Revenue | ||||
| 3. Accelerator/Incubator | 17-Sep-2026 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 15-Dec-2025 | $8.6M | $8.6M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Upheat Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preferred Series Shares | ||||||||
| Preferred Series Shares |
Upheat Signals
Upheat Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| L'ACCELERATOR | Accelerator/Incubator | |||
| Algebris | Asset Manager | Minority | ||
| Maki.vc | Venture Capital | Minority | ||
| VSquared Ventures | Venture Capital | Minority | ||
| Chemstars | Accelerator/Incubator |
Upheat FAQs
-
When was Upheat founded?
Upheat was founded in 2024.
-
Where is Upheat headquartered?
Upheat is headquartered in Tampere, Finland.
-
What is the size of Upheat?
Upheat has 18 total employees.
-
What industry is Upheat in?
Upheat’s primary industry is Machinery (B2B).
-
Is Upheat a private or public company?
Upheat is a Private company.
-
What is Upheat’s current revenue?
The current revenue for Upheat is .
-
How much funding has Upheat raised over time?
Upheat has raised $8.6M.
-
Who are Upheat’s investors?
L'ACCELERATOR, Algebris, Maki.vc, VSquared Ventures, and Chemstars have invested in Upheat.
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