Meet the Swedish firm trying to shake up heat pumps
It sees a big opportunity in an old technology
Heat pumps, a type of reverse-refrigerator used for warming homes, are not the type of tech that gets most investors hot and bothered. They were, after all, invented in 1856. Harald Mix and Carl-Erik Lagercrantz, two Swedish financiers, see things differently.
Explore more
This article appeared in the Business section of the print edition under the headline “Hot property”
Business May 18th 2024
From the May 18th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
AI will not fix Apple’s sluggish iPhone sales any time soon
The technology is not yet ready for prime time on phones or other devices
Japan’s sleepy companies still need more reform
The country’s corporate-governance crusade has a long way to go
Is the era of the mega-deal over?
Nippon’s acquisition of US Steel is not the only mega-merger falling apart
Brian Niccol, Starbucks’s new CEO, has a “messianic halo”
But the turnaround king has his work cut out
Can IKEA disrupt the furniture business again?
It wants to help you sell your Billy bookcase
The mystery of the cover letter
Why do recruiters still ask for them?