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Former Dyson Innovation director to lead nation wide rollout
Luthmore, the innovative UK-based company pioneering the zero-emission alternative to the gas combi boiler, has appointed Herve Dehareng, former Senior Innovation Director at Dyson as its new Chief Executive Officer.
Dehareng previously led the global launches of iconic Dyson products, including the Dyson hand dryer and bladeless fan and heater.His career also includes senior roles at Accenture, as well as work on major product launches including Oral-B Pulsar and Gillette Fusion5. He now turns his attention to clean tech:
“I want to make the Luthmore boiler the Electric Vehicle equivalent for home heating within three years,” said Dehareng.
The battery-enabled Luthmore boiler was invented by two ex-Dyson engineers in Chippenham, Wiltshire, to solve the challenge of replacing gas combi boilers in small to medium homes with minimal disruption.
Designed to fit within the same space as an existing combi boiler, the system delivers hot water at up to 30kW and central heating at 10kW, without the need for radiator upgrades. The groundbreaking boiler uses LFP battery technology to store off-peak electrical energy and release it during peak hours, and can also integrate with solar to support fully electric hot water and heating.
In just three years since its founding, Luthmore has raised £12.4m in investment. The most recent, heavily oversubscribed, £5.5m round will be used to support the next phase of growth and expansion across the UK.
Investors include large housing developers, residential management companies, as well as high-net-worth individuals, and plumbing agencies seeking an alternate, cheaper hot water and heating solution for small and medium properties.
The latest funding round also includes a £1m investment from the British Business Bank’s South West Investment Fund delivered through appointed fund manager The FSE Group.
The battery-enabled Luthmore boiler was invented by two ex-Dyson engineers in Chippenham, Wiltshire, to solve the challenge of replacing gas combi boilers in small to medium homes with minimal disruption.
Designed to fit within the same space as an existing combi boiler, the system delivers hot water at up to 30kW and central heating at 10kW, without the need for radiator upgrades. The groundbreaking boiler uses LFP battery technology to store off-peak electrical energy and release it during peak hours, and can also integrate with solar to support fully electric hot water and heating.
In just three years since its founding, Luthmore has raised £12.4m in investment. The most recent, heavily oversubscribed, £5.5m round will be used to support the next phase of growth and expansion across the UK.
Investors include large housing developers, residential management companies, as well as high-net-worth individuals, and plumbing agencies seeking an alternate, cheaper hot water and heating solution for small and medium properties.
The latest funding round also includes a £1m investment from the British Business Bank’s South West Investment Fund delivered through appointed fund manager The FSE Group.
Ralph Singleton, Head of Equity South West at The FSE Group, said: “With clear regulatory tailwinds such as the Future Homes Standard (2026), a defensible patent portfolio, strong early traction with developers and installers, and a scalable manufacturing plan, we see a compelling near-term pathway for Luthmore to help households cut bills and emissions.
We’re delighted to back a team with exceptional product pedigree as they scale a category defining British technology.”
The investment and leadership appointment comes at a crucial moment, ahead of the publication of the Warm Homes Plan and Future Homes Standard. These plans will clarify the Government’s policies to accelerate the installation of low-carbon technologies, such as the Luthmore boiler, in UK homes.
“The significant investment of well over £12m into Luthmore over the past three years demonstrates that the sector hungry for innovative new solutions to support the diverse needs of the UK housing stock. The Luthmore boiler will help deliver government decarbonisation targets and present homeowners, developers, councils and social housing providers with an alternate, clean heat solution.,”