Decarbonizing residential heating - Philipp Pausder, CEO of Thermondo

In this episode, we’re excited to speak to Philipp Pausder, co-founder and CEO of Thermondo. Thermondo was founded in 2013 and is the largest fully vertically integrated heating installer in Germany with over 35,000 installed systems and in-house 450 technicians and installers. The company was backed by some of Europe's leading investors, including HV Capital and Rocket Internet, and was acquired by Brookfield Infrastructure in 2021. In 2022, Thermondo launched its heat pump rental business. Within only six months, the company had installed thousands of heat pumps, accounting for an impressive 65% of its revenue. Thermondo aims to install 10,000 heat pumps in German homes by the end of 2023. Listen in if you’re interested in: Residential decarbonization Heat pumps Home electrification In this episode, we talk about: Philipp’s journey into climate tech Why residential heating is critical from a climate perspective and how to decarbonize it What the biggest challenges to building in the space are and how to address them What uniquely positions Thermondo to win in the market Key trends and innovations that will shape the residential heating market Philipp’s closing advice to climate tech entrepreneurs ++++++++++++++++++++++++++++++++++++++++++++++++ If you want to support us, follow and rate us here, on Linkedin and subscribe to our substack below. ++++++++++++++++++++++++++++++++++++++++++++++++ More about Thermondo: https://www.thermondo.de (German) https://www.reuters.com/business/energy/germanys-thermondo-offers-rental-option-home-heat-pumps-2022-06-08/ (English) ⁠⁠ ++++++++++++++++++++++++++++++++++++++++++++++++ Contact and feedback: https://www.linkedin.com/company/down-to-zero https://downtozero.substack.com/ [email protected]