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From stealth to steam!

We made industrial history and hit a huge milestone this month! We installed the first Boiler 2.0 at New Belgium Brewing’s flagship brewery in Fort Collins. What’s the big deal? It’s the world’s first fully drop-in zero-emission industrial steam heat pump that is delivering steam to a customer. AND, installing it required no downtime or disruption to the brewery’s daily operations.

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From the Boiler Room – 2024 Recap

In February, we closed a $21 million Series A round — one of Colorado’s largest funding announcements of the first quarter of the year — co-led by visionary investors Engine Ventures and 2150. We also welcomed Constellation Technology Ventures, the investment arm of Constellation Energy, as an investor and strategic partner. This investment has helped accelerate our mission to decarbonize industrial steam production by ramping up our new manufacturing facility in Loveland and expanding our expert team.

We were also awarded a $3.2 million grant from the U.S. Department of Energy’s Industrial Efficiency and Decarbonization Office (IEDO) to support continued product development and a deployment project with a global chemicals company.

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