Boldr raises €4.2 million to turn home heating systems into grid capacity

The company is developing a platform that links equipment inside homes, beginning with heating, ventilation and air conditioning (HVAC) systems. Its technology is designed to let devices such as heating and cooling units, batteries, EV chargers and solar installations collectively supply flexible energy capacity by adjusting demand when the grid requires it. Boldr is initially focused on HVAC, which Tech.eu described as one of the largest sources of residential energy use in the US.

Rather than selling directly to homeowners, the startup works with HVAC contractors who already install, service and replace heating and cooling equipment, positioning them as the deployment and service network for its technology.

The new funding will support expansion of its smart climate technology across North America, development of its contractor software platform, and a move into a broader range of residential and commercial heating and cooling systems.

Endeavor Catalyst Launches $320M Fund V as Europe Becomes Its Fastest-Growing Market

The global venture fund has begun deploying an oversubscribed $320 million Fund V, with Europe now its fastest-growing region.