Jetson raises $50-million USD Series A to expand heat pump sales

Vancouver-based Jetson raised US$50 million in a Series A led by Eclipse Capital to scale sales of its Jetson Air heat pump, and the company reports more than CAD 4 million in monthly revenue after its September launch.

Vancouver-based home electrification startup Jetson announced a US$50 million Series A round to expand sales of its Jetson Air heat pump across North America. The round was led by Palo Alto-based Eclipse Capital and included US investors 8VC and Activate Capital, alongside returning Canadian backers Garage Capital and Active Impact. The company says it launched Jetson Air in September and, according to The Globe and Mail, is now bringing in more than CAD 4 million in monthly revenue. Jetson was founded by former leaders of the smart glasses startup North and formally launched the company in 2024. Key facts: - The Series A raised US$50 million and was led by Eclipse Capital. - Other participants included 8VC, Activate Capital, Garage Capital, and Active Impact. - Jetson Air connects to existing ductwork, provides mobile app performance alerts and indoor air quality sensing, and the company says it can operate in temperatures down to −30° C. - The Globe and Mail reports the company is generating more than CAD 4 million in monthly revenue since the product launch in September. - Jetson lists customers in Massachusetts, Colorado, New York, and British Columbia. - Energy context reported in the article: heating accounts for about 16 percent of energy use in Canada and the residential sector represented nearly 20 percent of US energy consumption in 2024. Summary: The company said the new funding will support broader availability of the Jetson Air heat pump across the US and Canada. The device is presented as a replacement for gas furnaces and a way to reduce home energy use, and the company highlighted existing customers in several US states and British Columbia. Specific rollout timelines beyond those markets were not detailed by the company.