CARR News & Events

Carrier Global announced that its venture group, Carrier Ventures, has made a strategic investment in Heat Geek, a UK-based startup helping accelerate residential heat pump adoption across Europe. Heat Geek operates a digital sales platform that connects homeowners with Heat Geek-certified, highly trained local installers who use advanced AI-powered tools to design and install the most efficient heat pump system for each home. The homeowner-friendly platform supports the process end-to-end, from system design and quoting to financing, grants and installation.

In an interview on CNBC's Mad Money, David Gitlin said as macros recover, Carrier will recover with them. The company has been taking share as it has innovated with several new products, he noted. "The opportunity in front of us is unprecedented. We have the products and relationships with the hyper-scalers," he added. He sees a transition to heat pumps in Europe.