ThermoLift's innovation directly addresses the fundamental limitations of existing heat pump technology, and offers residential and light commercial customers the most cost-effective and carbon-friendly heating, cooling and hot water solution to most cold climate markets. The company's maiden product is a thermally-driven heat pump which leverages a natural and clean refrigerant (helium) and delivers concurrent heating, cooling and hot water from a single device. The company is targeting commercialization of this solution in 2025. ThermoLift is also currently fundraising a Series A round.