Investment Year:
2026
Why we invested:
SolidWatts replaces inefficient industrial fossil fuel powered process heating methods with the world’s highest performing Solid State Radio Frequency (RF) generators for a precise, carbon-efficient scalable alternative.
Operating in a huge global market where the majority of industrial heat is still produced using natural gas, SolidWatts offers a scalable, drop-in alternative designed for any configuration from small to multi-megawatt capacity. As a deep-tech spin-off from CERN with ongoing joint R&D and access to world-class facilities and talent, SolidWatts is uniquely positioned to accelerate the industrial transition toward electrified, low-carbon heat.
“SolidWatts addresses the critical challenge of the industrial heating process, which accounts for 20% of global energy demand and 10% of worldwide CO2 emissions. We're delighted to be working with passionate ex-CERN founders to co-design their impact strategy and accelerate their mission to transform manufacturers of all sizes to reduce their carbon footprint and improve operational efficiency - all while increasing health and safety across industrial working environments."
— Richard Mullane