Aira raises €150M in Equity funding to accelerate residential heating electrification across Europe, backed by Altor, Kallskär, Kinnevik, Lingotto, and Temasek.

Aug 11, 2025•4 months ago

Amount Raised

€150 Million

StockholmEnergyRenewable Energy

Investors

TemasekLingottoKinnevikKallskärAltor

Description

Aira, a clean energy-tech company based in Stockholm, has successfully raised €150M in Equity funding. The funds will be used to accelerate the electrification of residential heating across Europe. Led by CEO Peter Prem, Aira aims to help consumers reduce energy bills with intelligent heat pump technologies. Since launching in June 2023, Aira has expanded into Germany, Italy, and the UK.

Company Information

Company

Aira

Location

Norra Stationsgatan 93A 113 34

Stockholm, Stockholm County, Sweden

About

Aira improves the electrification of residential heating with intelligent clean energy-tech to help consumers reduce increasingly volatile energy bills and enable the net zero transition. With it, consumers across Europe have a go-to provider for complete home energy-saving solutions, with intelligent heat pumps at the heart. Its vertically integrated model, combined with a consumer-centric monthly payment plan that requires no upfront cost, delivers consumer economics, making clean energy affordable.

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Funding Insights

Based on industry data

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