Top 10 HVAC startups

Updated: February 08, 2024

HVAC startups are focused on developing advanced heating, ventilation, and air conditioning technologies and systems that prioritize energy efficiency, indoor air quality, and smart control functionalities, offering innovative solutions to optimize comfort, reduce energy consumption, and improve sustainability in residential, commercial, and industrial buildings.
1
Country: USA | Funding: $266.6M
BlocPower is offering smart, all electric heating, cooling, and hot water systems to building owners for no money down.
2
Country: USA | Funding: $230M
Nest Labs is a home automation producer of programmable, self-learning, sensor-driven, Wi-Fi-enabled thermostats, smoke detectors, and other security systems. It develops Nest Learning Thermostat and other smart home products. Acquired by Google.
3
Country: Germany | Funding: $217.5M
Tado° offers smart thermostats and apps that adjusts to the real-time behavior of residents in private homes and small businesses.
4
Country: USA | Funding: $214.9M
Phononic innovates solid state semiconductor solutions that displace compressors, heat sinks and fans for cooling & heating
5
Country: USA | Funding: $134.5M
Dandelion is an Alphabet spinout that develops geothermal heating, air-conditioning and cooling systems
6
Country: China
Broad Group produces clean air-conditioning systems and other sustainability-oriented products to enhance building efficiency. The company uses a patented, non-electric air chiller in its air conditioning design. Instead of using Freon (the traditionally used chiller), the system taps into natural gas to produce a solution that ultimately cools the air.
7
Country: UK | Funding: $77.9M
Hometree operates as an online-led boiler installation company.
8
Country: Canada | Funding: $75.1M
BrainBox AI utilizes cloud-based computing, algorithms, and a proprietary process to create an autonomous building technology.
9
Country: Ireland | Funding: $36.9M
Exergyn is a clean-tech company that develops waste heat recovery and conversion technology.
10
Country: USA | Funding: $29.9M
75F is a predictive and proactive IoT-based building automation system that addresses HVAC, lighting, and equipment control needs.
11
Country: USA | Funding: $21.1M
Blue Frontier specializes in air conditioning systems designed for sustainability, comfort and energy storage. It's technology is based on liquid desiccants, which dehumidifies air.
12
Country: USA | Funding: $12.7M
Flair makes smart vents and wireless thermostats and advanced software for residential heating and cooling.
13
Country: USA | Funding: $10.8M
Harvest Thermal develops a control system for home use that integrates heating, hot water, and cooling with thermal storage.
14
Country: USA | Funding: $9.3M
Skycool Systems is improving the efficiency of all cooling systems by harnessing an untapped renewable resource. It's panels turn the sky into a renewable resource and reduce the electricity use of air conditioning and refrigeration systems
15
Country: USA | Funding: $9M
Quilt is building a sleek and AI-driven ductless heat pump system for the home.
16
Country: Canada | Funding: $6.1M
dPoint develops and sells membranes and energy recovery technology that significantly improve the energy efficiency and air quality in buildings. It has adapted its patented fuel-cell heat and humidity exchanger technology for use in energy recovery ventilator systems, which transfer heat and humidity between the intake and exhaust in a residential or commercial building’s ventilation system.
17
Country: Netherlands | Funding: €4.8M
Quatt designs AI-powered smart hybrid heat pumps to accelerate the decrease of gas consumption.
18
Country: UK | Funding: £2.7M
Monodraught manufactures natural lighting, air conditioning and ventilation technology that is now widely used by the likes of IKEA, Ford and Waitrose.
19
Country: USA | Funding: $1M
Breezi builds wireless devices that enable homeowners to detect problems with their HVAC systems before they become severe.
20
Country: Finland | Funding: $125K
Kapacity.io service connects remotely to buildings through building management systems to adjust HVAC energy consumption in real time using AI machine learning to optimize and find the best ways to consume electricity.
21
Country: Germany | Funding: $806.3K
eCozy wants to eliminate the user's pain of setting up a digital thermostat, maintain comfortable and price-reasonable heating regimes. eCozy’s ergonomic shape & form makes it a long-lasting solution for years.