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Quatt.io specializes in electric heating solutions, offering products like hybrid heat pumps, all-electric heat pumps, and home batteries to promote sustainable energy use.
Quatt.io has raised $27.0M across 1 funding round.
Quatt.io has raised $27.0M in total across 1 funding round.
Quatt.io has raised $27.0M in total across 1 funding round.
Quatt.io's investors include Seaya Ventures.
Quatt.io has raised $27.0M across 1 funding round. Most recently, it raised $27.0M Series A in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $27M Series A | — | Seaya Ventures | Announced |
Quatt.io is a Dutch climate tech scale-up that develops, produces, and installs AI-powered smart hybrid heat pumps to accelerate the transition to sustainable heating, primarily targeting the Dutch market.[1][2][3] The company builds the Quatt Hybrid, a low-threshold heat pump that integrates with existing natural gas heaters via advanced AI control systems for optimal energy efficiency, reducing gas consumption by up to 80% and offering a 3-4 year payback time through direct-to-consumer sales and installation.[1][3] It serves Dutch homeowners facing government mandates to phase out natural gas, solving slow heat pump adoption by improving aesthetics, simplifying installation, and providing smart software for cost- or energy-efficient operation; an All-Electric upgrade enables full gas elimination at the user's pace.[1][3] With around 160 employees and $3.6M in equity funding as of May 2023, Quatt has established market leadership in the Netherlands within three years.[1][2]
Quatt was founded in 2021 in Amsterdam, Netherlands, by brothers Marijn Flipse and Bas Flipse, two Dutch entrepreneurs driven to speed up sustainable heating amid the Dutch government's push for 8 million homeowners to abandon natural gas over coming decades.[1][3] The idea emerged from recognizing barriers like low installation rates, poor customer experience, and unappealing designs in existing heat pumps; the brothers focused on consumer-centric innovation, including AI technologies like machine learning and deep learning for hybrid systems that work with legacy gas heaters.[3] Early traction came from internal control over product development, sales, and installation, enabling competitive pricing and rapid market positioning as the Dutch heat pump leader.[1]
Quatt rides the global energy transition trend, specifically Europe's built environment push for decarbonization, amplified by Dutch policies mandating gas-free homes and EU net-zero goals.[1][3] Timing aligns with rising gas prices, regulatory incentives, and slow traditional heat pump uptake, where Quatt's hybrid model lowers entry barriers for mass adoption in a market needing order-of-magnitude growth.[3] Favorable forces include AI advancements for energy optimization and consumer demand for affordable, aesthetic green tech; by leading in the Netherlands, Quatt influences the ecosystem through proven scalability, potentially exporting to broader Europe via partners like Seaya Ventures.[1][3]
Quatt is poised for explosive growth, targeting an installed base of 3 million heat pumps by 2030 through product expansions like All-Electric upgrades and batteries, fueled by debt/equity funding and market leadership.[1][3][4] Trends like AI-driven efficiency, stricter emissions rules, and hybrid tech demand will propel it, evolving from Dutch pioneer to pan-European player amid rising climate tech investments. As governments accelerate gas phase-outs, Quatt's consumer focus positions it to redefine sustainable heating accessibility.[1][3]
