The Drop 2025 - Ripple summaries

Electrifying industrial heat on Europe’s grid


The Ripple focused on fresh ways to decarbonize industrial heat.

Everyone in the room—from investors to founders—shared stories about the hurdles and wins in making factories cleaner and greener. The group spent time breaking down just how big industrial heat’s impact is, with around a fifth of Europe’s energy and emissions locked up in it.

What did the crowd agree on?

• There’s no simple fix; it’s a puzzle with many moving parts.

• Mixing old and new tech is key for real progress.

• Capital, especially from VCs willing to take risks, drives meaningful change.

• Real projects need validation from actual customers, not just labs or white papers.

• Subsidies help, but strong business models matter more in the long run.

In the end, the Ripple’s big takeaway was this: working together, sharing lessons, and taking smart chances will speed up progress far more than going it alone.

HOSTS

Thomas Nivard
360 Capital

Loic Raynal
EDF

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