# Aira raises €145 million in Series B funding for heat pump expansion

Aira secured €145 million in a Series B financing round led by Altor, Kinnevik, and Temasek to expand its residential heat pump business. The company also received a €15 million grant from the Polish government to build a heat pump manufacturing facility in Wroclaw, Poland.

- Type: Investment
- Announced: 2024-01-16
- Where: Wroclaw, Poland, Poland
- Value: $158.2M (145.0M EUR)
- Starts operating: Q1 2024
- Status: announced
- Products: heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Aira](https://endata.com/companies/11996.md)

## Sources

- [pv-magazine.com](https://www.pv-magazine.com/2024/01/16/aira-secures-e145-million-for-heat-pump-expansion-manufacturing/), 2024-01-16: "Aira has also secured a €15 million grant from the Polish government to establish a heat pump manufacturing facility in Wroclaw, Poland."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.