In a move set to bolster the landscape of energy-efficient heating, Cooll, a Netherlands-based company, has successfully acquired €4.5M in funding to support its thermally driven heat pump technology. Situated in Hengelo, Cooll is recognized for its innovative approach toward reducing building energy consumption. This funding aims to solidify Cooll’s market position and reduce carbon emissions more effectively. With new leadership planned in the coming years, Cooll projects a strong trajectory for growth and technological advancement in the heating industry.
Cooll’s recent endeavors have seen it achieving crucial milestones; this includes CE-marking and validation of hydrogen-readiness. This trajectory has been echoed by the infusion of subsidies from both Dutch and Canadian entities like EFRO and NGIF. Coupled with past investments, these advancements bring Cooll closer to introducing more sustainable heating solutions within established infrastructure, which remains a cornerstone of the company’s objective.
How Will Cooll Utilize the New Capital?
Cooll intends to channel the €4.5M investment into the development and installation of 100 wall-hung thermally driven heat pumps in the Netherlands. This advancement, done in cooperation with partnering entities, aims to diminish the existing energy demands on electricity grids. The process signifies early commercial steps toward broader market roll-out, marking a pivotal phase in Cooll’s strategic implementation, with an emphasis on reducing emissions in the building sector.
Exciting Leadership Change Ahead?
Beginning January 2026, Sicco Rust will take the helm as Cooll’s new CEO. Rust’s career spans various leadership roles, with a distinct emphasis on product development and market entry strategies in the heating sector. His past experiences, such as introducing gas-fired heat pump technology, showcase his expertise in the field. Addressing his upcoming role, he highlighted Cooll’s technological alignment with current energy transition trends. Rust foresees a scalable future for these heat pumps under his guidance.
Cooll believes it’s paramount to integrate into existing energy frameworks to achieve notable impact.
Cooll, established in 2009 as a spin-off from the University of Twente, asserts its technology can reduce gas usage and CO2 emissions significantly without elevating electricity consumption. The thermally driven heat pump operates using natural gas, biogas, or hydrogen, making it adaptable for both new and existing buildings without needing an outdoor unit, thus simplifying installation.
Rust emphasized, “For me, the energy transition represents a practical challenge rather than an abstract concept.”
The company positions its solution as a direct replacement for traditional boilers, explaining that this innovative system is capable of being retrofitted into the current heating structures. This approach underscores an ambition to widen market penetration and establish a more sustainable energy ecosystem within residential environments.
Cooll’s ambitions to deploy its sustainable heating technology reflect broader industry motivations to shift toward renewable energies. This move aligns with European goals of decreasing greenhouse gas emissions, accommodating the transition from fossil fuels to more sustainable energy sources such as hydrogen and biogas in heating technologies.
Strategically, the focus on thermally driven heat pumps fortifies Cooll’s positioning as a pivotal player in the transition to energy-efficient heating. By harnessing substantial financial and strategic resources, Cooll is paving the way for a shift in heat production methodology. This effort, led by Rust’s impending leadership, marks a decisive stride towards a more ecologically balanced future in home heating solutions.
