Quatt Secures $25M Funding to Revolutionize Sustainable Heating Solutions - Aiming for 3 Million Heat Pumps Installed!

Quatt, an innovative Dutch start-up founded in 2021 by entrepreneurial brothers, has just announced a significant funding milestone, raising an impressive €25 million to accelerate its mission of transforming the heating landscape in the Netherlands and beyond. With a focus on sustainable heating solutions, Quatt has developed a groundbreaking hybrid heat pump that caters to the burgeoning demand for eco-friendly alternatives in a market where the Dutch government is aiming to facilitate the transition of 8 million homeowners away from natural gas over the coming decades. This funding will not only support Quatt’s ongoing development but will also bolster the upcoming launch of their second product—the All-Electric upgrade—allowing consumers to bid farewell to gas heating permanently, all at their own pace. Acknowledging the current low adoption rates of heat pumps, Quatt is set to enhance the overall customer experience by integrating smart control software, streamlining the installation process, and elevating aesthetic appeal. At the heart of their technology is a sophisticated control system powered by AI, leveraging machine learning and deep learning to ensure that Quatt’s heat pumps operate in conjunction with traditional gas heaters with utmost efficiency—potentially slashing gas usage by up to 80%. By adopting a direct-to-consumer approach with simplified installation and a focus on quick payback, Quatt aims to achieve an ambitious target of installing 3 million heat pumps. With this latest funding round, the company is well-positioned to accelerate the transition to sustainable heating, paving the way for a greener future.