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Babylon: how it all went so wrong

Startup Europe — The Sifted Podcast

CHAPTER

Accelerating the Electrification of Residential Heating in Europe

This chapter discusses the Swedish heat pump and home engines startup era and their mission to replace gas and oil boilers with intelligent heat pumps. They highlight the underdeveloped market for heat pumps in Europe, with only 1% penetration outside of Scandinavia. The chapter also covers their plans for expansion in the UK, Germany, and Italy, with ambitions to become a pan-European player.

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