RIFT
Dutch startup developing a circular energy system based on burning iron powder to generate high-temperature industrial heat without emissions. โฌ113.8M Series B in 2026.
Europe's most interesting startup stories. Every week.
No spam. Unsubscribe anytime.
Podcast Episode
๐๏ธ Deep Dive
Daily News โ 3 March 2026
Listen to the episodeAbout 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
Funding & Investors
Funding Rounds
- 2026 - Series B: โฌ113.8M
Key Metrics
Similar Startups
Rocsys
Rocsys builds hands-free charging systems for electric and autonomous vehicles, including multi-bay solutions for robotaxi fleets.
Read AnalysisVNYX
VNYX is a Dutch startup that raised โฌ1M+ in 2026 to automate sustainable fashion resale. The platform combines AI, software and proprietary hardware to process returns, overstock and second-hand items, reducing processing time from 19 to 3 minutes per item.
Read AnalysisMeatable
Meatable developed the opti-ox technology to differentiate stem cells into muscle and fat tissue with high efficiency and without artificial scaffolding; operations ceased in December 2025.
Read AnalysisSources
- RIFT โ โฌ113.8M Series B 2026 — Tech.eu