Triple Solar designs and manufactures PVT heat pumps and matching PVT heat pump panels that can supply homes with heat, hot water, and electricity year-round. The company says its systems are installed in more than 5,000 residences domestically and overseas. Founded in 2009 by Cees Mager and Terence van Buuren and based in Amsterdam, Triple Solar aims to reduce CO2 emissions from home heating and raise public awareness of energy efficiency. The firm plans to use new funds to roll out its heat pump system internationally, expand production capacity, and develop new energy-efficient products and services. The company positions itself to help meet Netherlands’ policy goals to replace gas heating with electric heat pumps by 2030 and accelerate the energy transition.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2023