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Skyven Technologies

The AI engine Fit Assessment

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Skyven Technologies focuses on industrial applications (industrial steam generation for manufacturing), uses advanced, cutting-edge technology (high COP heat pumps, waste heat recovery, proprietary control systems, IoT data monitoring), and targets energy-intensive industrial sectors (manufacturing facilities requiring steam and high energy use), aligning with the space's central requirements for industrial focus, deep tech, and energy-intensive sectors.

Blurb

Skyven Technologies is an energy-as-a-service company with a mission to decarbonize industrial process heat.

HQ Location

Farmers Branch (United States)

Founded

2013

Employees

11 - 50

Total funding raised

$151.88M

Funding Status

Grant, $145.00M, March 25, 2024

Skyven Technologies works with industrial manufacturers by recovering waste heat to produce clean, emissions-free steam using their Arcturus steam generating heat pump. Skyven’s proven Energy-as-a-Service model allows industrial manufacturers to improve efficiencies and reduce operating costs without the upfront capital expenditure. Skyven provides dashboards showing real-time data-backed savings and project metrics.