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Bloomington, MN

Developing a high-temperature heat pump to replace traditional boilers in homes with radiators.

• Mission: Developing an energy-efficient heat pump solution to replace traditional boilers in homes with radiators, contributing to the transition to sustainable heating systems.  
• Innovation: A high-temperature heat pump capable of maintaining performance in extreme cold conditions, designed specifically for homes with cast-iron and baseboard radiators.  
• Sustainability Impact: Provides zero-emissions heating that significantly reduces carbon emissions, making it a more eco-friendly alternative to conventional gas or oil boilers.  
• Technology: Incorporates advanced technology, including embedded sensors to monitor performance and alert users to potential issues, ensuring long-term reliability and efficiency.  
• Market Opportunity: Targets the 6 million U.S. homes reliant on traditional heating systems, offering a sustainable replacement for fossil fuel-based boilers.  
• Strategic Positioning: Positioned to play a critical role in reducing household heating costs and supporting global climate change mitigation efforts by 2040.

2040 Energy is raising funds to develop and bring to market its RenewaBoiler, a high-temperature heat pump optimized for homes with radiators. This innovative heat pump is designed to replace traditional boilers in approximately 6 million U.S. homes that rely on cast-iron and baseboard radiators, offering an energy-efficient solution with the potential to significantly reduce household heating costs.

Unlike existing heat pumps that struggle to maintain high temperatures, RenewaBoiler uses advanced technology to generate the necessary heat for radiators, even in extremely cold conditions. The funds raised will be used to refine the product, conduct beta installations, and expand the engineering team, as well as to support future product launches aimed at eliminating fossil fuel-based heating systems globally by 2040.

Company Info

Renewaboiiler provides zero-emissions heat pump boilers for residential heating with a focus on energy efficiency and environmental sustainability.

Renewaboiiler is a company that specializes in providing heat pump boilers designed for homes with radiators. These boilers are aimed at delivering zero-emissions heating, making them an environmentally friendly option compared to traditional gas or oil boilers. The Renewaboiiler heats water up to 175°F, allowing it to effectively replace existing heating systems. It is noted for maintaining high performance even in cold climates, ensuring reliability in various temperature conditions. The product incorporates embedded sensors that monitor its performance and efficiency, alerting users to any issues before they escalate. Additionally, the company offers an industry-leading warranty, covering parts and labor for up to ten years when installed by a preferred service partner. This warranty includes comprehensive repair coverage for the first three years and a prorated share for the subsequent seven years. Renewaboiiler emphasizes its role in reducing carbon emissions by 50-90% compared to conventional heating methods, thus contributing to climate change mitigation efforts.