Impulse’s latest venture
Induction stovetops consume a lot of energy; Impulse introduces stoves with a battery solution, which implies it does not pull the total 40 amps when operating, allowing induction cooking without the need to upgrade the existing panel. Integrating batteries unlocks impressive performance improvements and removes many common barriers associated with installing induction stoves, such as power or panel limitations, while also adding energy storage to the grid.
The Journey
Impulse determined early on that there was a chance to capitalize on the incredible global growth from the electric vehicle and renewables space to launch intriguing products. The company identified induction cooking as having an already compelling story and figured out some fundamental ways to improve cooking using induction technology.
Initially, the company intended to use batteries to develop the ideal electric pizza oven. Still, as it investigated the market, it concluded there were incredible opportunities to reshape the
home appliance industry.
How does the future look?
In November, the company announced its official launch and a $20 million Series A funding round led by Lux Capital, with involvement from Fifth Wall, Lachy Groom, and Construct Capital. Their total funding now stands at $25 million.
The CEO of Impulse, Sam D’Amico, stated that the company is aware of the difficulty of building a hardware business, particularly in the current economic climate. The company expects that this round of funding will get them through the significant checkpoints required to ship their first hardware product, at which point they will be able to accept orders from paying customers.
The Impulse induction project is not only meaningful, but also morally essential, evolving the architecture of our daily lives by minimising our reliance on natural gas and carbon.
