Cooll: A thermally driven heat pump

Cooll develops thermally driven heat pumps designed as a direct replacement for traditional condensing boilers in homes. These innovative pumps utilise natural gas or hydrogen to deliver both high- and low-temperature heating while reducing gas consumption and CO₂ emissions by 25-40%, all without increasing electricity usage. The system features a heat-driven adsorption compressor, ensuring energy efficiency and environmental sustainability.

The challenge

Question of the client

Cooll aimed to raise funds to further enhance their innovative heat pump technology. In addition, we assisted in identifying the most viable revenue and business models and provided guidance on how to effectively implement them.

Financial Advisory, Investment

What we did

We assisted Cooll with fundraising across multiple investment rounds. Our support began with the development of a financial model that could serve as a strategic management tool in the future. Additionally, we facilitated communication with potential investors and provided guidance to successfully close the funding rounds.

The result

This resulted in multiple investment rounds totalling over EUR 5M, providing Cooll with the resources needed to advance to the next phase of growth. Impressed by Cooll’s technology, impact, and ambition, we decided to participate in this investment round ourselves.