Heat pump startup Quilt raises $20M Series B to expand sales

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Heat pump startup Quilt has secured $20M in Series B funding to expand its sales operations in the US and Canada, following the sale of nearly 1,000 units.

Market Impact

Market impact analysis based on bullish sentiment with 78% confidence.

Sentiment
Bullish
AI Confidence
78%

Article Context

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Quilt has sold nearly 1,000 units in the U.S. and Canada, and the new funding should help expand sales operations to more states and provinces.

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Original article published by TechCrunch on December 8, 2025.
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