RIFT

๐Ÿ“‚ Climate Tech๐Ÿ“ Amsterdam๐Ÿ—“๏ธ Founded: 2020

Dutch startup developing a circular energy system based on burning iron powder to generate high-temperature industrial heat without emissions. โ‚ฌ113.8M Series B in 2026.

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Podcast Episode

๐ŸŽ™๏ธ Deep Dive

Daily News โ€“ 3 March 2026

Listen to the episode

About RIFT

RIFT has developed one of the most innovative solutions for industrial decarbonisation: using iron powder as fuel to generate high-temperature heat. The powder burns without emitting CO2, produces iron oxide that is then reduced back to iron using green hydrogen, closing the cycle. The system is carbon-zero and does not depend on hydrogen storage infrastructure.

How RIFT works

Business Model

Sale of iron combustion systems + fuel supply contracts (iron fuel as a service).

Market & Clients

Geographic Presence

NL

Funding & Investors

Funding Rounds

  • 2026 - Series B: โ‚ฌ113.8M

Key Metrics

Series Bโ‚ฌ113.8M (2026)

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
Spotify ๐ŸŽง Apple