Dutch energy technology company Quatt has raised €10 million in financing from ABN AMRO. The funding will support the company’s plans to expand its smart home energy offerings across the Netherlands.
The capital will be used to scale Quatt’s portfolio, which includes hybrid and electric heat pumps, cooling solutions, and energy management systems. The company aims to support more households as demand for sustainable home energy solutions continues to rise.
Founded in 2021 by brothers Marijn and Bas Flipse, Quatt focuses on accelerating the residential energy transition. Headquartered in Amsterdam, the company has grown to around 300 employees in a relatively short period.
Its product lineup includes hybrid and electric heat pumps, cooling systems, the Quatt HomeBattery, dynamic energy contracts, and its proprietary EnergyOS platform. Together, these technologies are designed to optimise energy use in homes while supporting grid stability.
“Over the past five years, we have secured a leading position in the Dutch heat pump market. This new financing will enable us to achieve a similar position in the market for cooling, home batteries, and energy, while maintaining scale in heat pumps,” stated Marijn Flipse, CEO and co-founder of the company.
ABN AMRO provided the €10 million funding through its Corporate Banking division. The investment is expected to strengthen Quatt’s working capital position. As a result, the company plans to hold larger inventories, shorten delivery timelines, and serve a broader customer base.
According to ABN AMRO, the financing aligns with the bank’s objective to support the energy transition in the Netherlands, particularly in the residential sector.
Beyond energy generation, Quatt is focusing on integrated energy control within the home. This includes coordinating heat pumps, batteries, and software in real time to improve efficiency.
“The past few years have been mainly about generating sustainable energy. The next step is smart, integrated control of energy in the home: heat pumps, batteries, and software working together in real-time,” Flipse explained.
The company is developing autonomous systems that aim to reduce grid congestion and increase savings for households. Quatt believes this approach can make sustainable energy solutions more practical and accessible for homeowners.
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