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Carrier Global (CARR) Invests in Heat Geek to Boost Heat Pump Adoption
Carrier Global (CARR) has strategically invested in Heat Geek, a UK-based startup, through its venture arm, Carrier Ventures, to boost the adoption of residential heat pumps across Europe. Heat Geek’s digital platform connects homeowners with certified installers using AI-driven tools to design and install efficient heat pump systems. This move is part of Carrier Global’s efforts to promote energy-efficient solutions and expand its European footprint, despite facing financial challenges like declining operating margins and increasing debt.