A second closing is planned for the end of September 2025. KSB, a globally operating pump and valve manufacturer, led the round with the European Innovation Council Fund (EICF) acting as co-investor. Other investors included InnoEnergy, New Energy Technologies and Finadvice, as well as almost all existing investors. ecop plans to use the new capital to expand its production capacities and further develop the new rotor design for commercial scale.
The heat pump from ecop enables industries and municipalities to quickly and efficiently decarbonise and secure their heat supply in the long term. It has an output temperature of up to 200 °C, suited to a wide range of industrial processes. ecop uses a 100 percent climate-friendly, non-toxic and non-flammable working medium. The rotation speed can be flexibly adjusted to adapt to the different temperatures of the heat source, making the heat pump highly efficient for cooling and raising the temperature of waste heat for use in a wide variety of applications.
“We are experiencing increased global energy demand, with the energy mix shifting significantly in favour of CO₂-avoiding methods” said Dr Stephan Timmermann, KSB management spokesperson. “About two-thirds of industrial energy demand is for heat, so there is enormous decarbonisation potential here. The collaboration between ecop and KSB goes beyond a top-level technology partnership. Both companies share a vision of a sustainable future.”
The EIC Accelerator has already provided ecop with 2.5 million euros in EU funding for an innovative heat pump technology in 2024. The EIC is supporting ecop financially and strategically to further develop and establish the technology internationally. The EIC's involvement highlights its confidence in the rotary heat pump's potential to significantly contribute to the modernisation of industrial processes.
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