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FinancingClosedPress / newsMarch 23, 2026

AtmosZero — strategic OEM investment from Mitsubishi Heavy Industries for electrified industrial heat (Boiler 2.0)

AtmosZero (Fort Collins, Colorado) secures strategic OEM investment from Mitsubishi Heavy Industries (MHI), announced at CERAWeek 2026. MHI's investment establishes a manufacturing/supply chain partnership for AtmosZero's Boiler 2.0 — an electrified heat pump steam system replacing natural gas-fired industrial boilers for food & beverage, pharma, and specialty chemical manufacturers. Prior total raise: 8.5M. CEO Addison Stark. Round co-investors include VXI Capital (lead), Engine Ventures, Constellation Technology Ventures, Energy Impact Partners, and 2150. First pilot: New Belgium Brewing (Fort Collins, CO), delivering live steam since 2025.

Natural Gas

Technology

CO

Location

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Deal Details

Deal Type
Strategic & Growth Capital
Seller / Sponsor
AtmosZero
Buyer / Financier
Mitsubishi Heavy Industries (MHI), VXI Capital (lead), Engine Ventures, Constellation Technology Ventures, Energy Impact Partners, 2150
Deal Value
Undisclosed
Stage
Commercial Deployment

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