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energy

Jetson Raises US$50 Million to Sell Heat Pumps Into North American Homes

The Vancouver electrification startup is raising to turn a climate product into a household bill.

TIC Staff · January 20, 2026 · 1 min read

Jetson indoor and outdoor heat-pump units
Image: Jetson

Vancouver home-electrification company Jetson raised US$50 million in Series A financing led by Eclipse Capital, with 8VC, Activate Capital, Garage Capital, and Active Impact participating, as it pushes electric heat pumps across North America.

The company, founded by alumni of the smart-glasses firm North, said it is running more than C$4 million in monthly revenue after launching a “smart” heat pump in September 2025. Heat pumps are the boring machine that connects climate policy to the CPI: they replace gas furnaces, change electricity demand, and show up in shelter and energy weights if they actually scale.

Canada’s housing stock is old, cold, and still mostly fossil-heated. Rebates and building codes can force the issue; a consumer product that just works is the other path. Jetson is taking the second path with Silicon Valley capital and a Canadian founding team.

A US$50 million Series A is enough to buy inventory, installers, and warranty risk. It is not enough to rewire the continent. The next print that matters is whether those monthly revenues keep compounding when the novelty of a connected heat pump wears off.

Figures as reported by BetaKit on January 20, 2026.