Skip to content
Real Estate and Construction Tech Series B Founded 2006

Sunamp

Sunamp designs and manufactures compact thermal energy storage solutions that make homes, buildings, and industries more energy-efficient and sustainable while reducing carbon emissions. The company develops thermal batteries using proprietary phase change materials (Plentigrade PCM) that store and discharge heat for hot water, heating, and cooling applications. Its product lineup includes Thermino for domestic hot…

📍 Edinburgh, United Kingdom · Property Management Tech,

Funding snapshot

Last roundSeries B
Amount$11M
Date28 November 2022
Total raised$30M
Valuation33,636,010 (Jul 1, 2020)
Team size67

About

Sunamp designs and manufactures compact thermal energy storage solutions that make homes, buildings, and industries more energy-efficient and sustainable while reducing carbon emissions. The company develops thermal batteries using proprietary phase change materials (Plentigrade PCM) that store and discharge heat for hot water, heating, and cooling applications. Its product lineup includes Thermino for domestic hot water with heat pump and solar PV compatibility, Central Bank for commercial and industrial heating, and Permafrost for cooling and refrigeration. The solutions are significantly more energy-dense and space-saving than conventional hot water cylinders, integrating seamlessly with renewable energy sources and grid electricity. Sunamp serves residential, commercial, industrial, and thermal network sectors across global markets with offices in the United Kingdom, New York, and Zurich. The company vision is a world powered by affordable renewable energy sustained by compact thermal storage. Founded in 2006 and headquartered in Edinburgh, United Kingdom, Sunamp has raised approximately $30.4 million in Series B funding from investors including The Scottish National Investment Bank, Osaka Gas, Par Equity, Scottish Enterprise, Europa, and Places for People.

Business model

Energy Efficiency Tech > Thermal Products > HVAC > Phase Change Systems,

Energy Storage Tech > Energy Storage System > Thermal > Pumped Heat,

Facility Management Tech > Building Management > Building Energy Management,

Property Management Tech > Building Energy Management

Team background

College Wise > The University of Edinburgh

Institutional investors

Europa Scottish Enterprise Osaka Gas Par Equity Equity Gap Gov Old College Capital Highland Venture Capital Local Energy Scotland Aurus The Scottish National Investment Bank EBS Places for People Urban Future Lab Ian Marchant

Latest coverage

No articles yet.

Raising like Sunamp?

Analyze your pitch deck before your next raise.

Analyze My Deck →