SolidWatts Secures New Funding for Industrial Heating Innovation
SolidWatts, a company specializing in electrifying industrial process heating through advanced microwave and radio frequency power sources, has successfully raised $1.8 million in a recent funding round dated March 27, 2026. This round was led by Evercurious VC, with participation from investors including Kickfund, Axel Carbon Capital, Uni.Fund, Investing for Purpose, Loggerhead Ventures, and Almanac Ventures.
Leadership and Vision
Michel Bonetti, currently serving as the Interim CEO, is steering the company through this pivotal phase. He remarked on the funding, acknowledging the critical support it provides in driving the company's mission to transform energy consumption in industrial sectors.
Strategic Use of Funds
The $1.8 million raised will primarily be used to accelerate the development and market introduction of SolidWatts' innovative heating technology. The company aims to offer a sustainable and energy-efficient alternative to traditional fossil fuel-based heating systems. By focusing on sectors such as chemicals, pharmaceuticals, food processing, carbon capture, and advanced recycling, SolidWatts is set to reduce both energy consumption and CO₂ emissions significantly.
Technology and Market Impact
SolidWatts is at the forefront of developing state-of-the-art solid-state RF technology, which offers efficient, high-power dielectric heating capabilities. This technology is designed to support industries in transitioning to cleaner, electrified processes, aligning with global sustainability goals. The support from the Swiss Climate Foundation underscores the environmental potential of SolidWatts' innovations.
Investor Confidence
The participation of notable investors such as Evercurious VC and others indicates strong confidence in SolidWatts' vision and technological capabilities. This financial backing is expected to play a crucial role in scaling operations and enhancing the company's market presence.
SolidWatts continues to position itself as a key player in the industrial heating sector, leveraging cutting-edge technology to meet the growing demand for sustainable energy solutions.