What Does RIFT Do?

Total employees35
HeadquartersEindhoven
Founded2020

RIFT (Renewable Iron Fuel Technology) is a Netherlands-based deep-tech company dedicated to accelerating the energy transition by providing a CO2-free alternative fuel for industries that are difficult to electrify. They are commercializing iron fuel technology, a circular process where iron powder is combusted to release high-temperature heat, producing only rust (iron oxide). This rust is then regenerated back into iron powder using hydrogen, creating a closed-loop, sustainable energy system. RIFT aims to replace fossil fuels in applications like industrial heat, district heating, and power generation, contributing significantly to global decarbonization efforts.

Where Is RIFT's Headquarters?

HQ Function

Serves as the central hub for research and development, engineering, pilot project management, strategic partnerships, and corporate operations.

Notable Features:

Located in or near the Brainport Eindhoven region, known for its high-tech ecosystem and collaborative environment with entities like Eindhoven University of Technology (TU/e), fostering innovation.

Work Culture:

Characterized by a passion for sustainability and innovation, RIFT fosters a dynamic, research-intensive, and collaborative work environment. Employees are typically driven by making a tangible impact on the energy transition.

HQ Significance:

The headquarters is pivotal for pioneering and scaling iron fuel technology, strategically positioned within a leading European innovation ecosystem to attract talent, investment, and partnerships.

Values Reflected in HQ: The headquarters embodies RIFT's core values of innovation, sustainability, scientific excellence, collaboration, and a commitment to developing practical solutions for a circular economy.

Location:

While RIFT's primary operations and physical plants are currently based in the Netherlands, their technology and vision have a global reach. They are actively engaging with international partners, industries, and research institutions to explore deployment opportunities worldwide. Their focus is on decarbonizing heavy industries and power sectors globally, participating in international energy conferences and initiatives to promote iron fuel as a sustainable solution.

Street Address:

De Rondom 1

City:

Eindhoven

State/Province:

North Brabant

Country:

Netherlands

Where Else Does RIFT Operate Around the World?

Helmond, North Brabant, Netherlands

Address: Metalot III C, Kanaaldijk N.W. 71C, 5707 LC Helmond, Netherlands (Metalot Innovation Hub)

To prove the viability of iron fuel in real-world industrial applications, facilitate operational learning, and serve as a blueprint for future commercial deployments. This site is key for regional decarbonization efforts and industry collaboration.

Buying Intent Signals for RIFT

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading RIFT? Meet the Executive Team

As of April 2025, RIFT' leadership includes:

Mark Verhagen - Chief Executive Officer (CEO)
Lex Scheepers - Chief Financial Officer (CFO)
Ruben van den Moosdijk - Chief Technology Officer (CTO)
Max Langeslag - Chief Commercial Officer (CCO)
Prof.dr.ir. Philip de Goey - Scientific Director

Who's Investing in RIFT?

RIFT has been backed by several prominent investors over the years, including:

EIT InnoEnergy
EnergIIQ (Energie Innovatiefonds Zuid-Holland)
Rabobank
BOM (Brabant Development Agency)
Breakthrough Energy Solutions Catalyst (for specific projects)
NOM (Investment and Development Agency for the Northern Netherlands, for specific projects)

What Leadership Changes Has RIFT Seen Recently?

Hire0
Exits0

No major publicly announced executive leadership changes (hires or departures) were identified for RIFT in the past 12 months. The company appears focused on scaling its operations and technology with its established leadership team.

What Technology (Tech Stack) Is Used byRIFT?

Discover the tools RIFT uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

RIFT Email Formats and Examples

RIFT likely utilizes common professional email formats. Based on their domain (ironfuel.nl) and standard corporate practices, formats such as [firstname].[lastname]@[domain] or [firstinitial][lastname]@[domain] are probable.

[firstname].[lastname]@ironfuel.nl or [f][lastname]@ironfuel.nl

Format

mark.verhagen@ironfuel.nl

Example

80%

Success rate

What's the Latest News About RIFT?

ironfuel.nl (RIFT Website) • May 15, 2024

RIFT and Veolia Join Forces for World's First Industrial Iron Fuel Plant

RIFT has partnered with Veolia Netherlands to develop the world's first industrial iron fuel plant at Veolia's multi-fuel boiler park in Wijster. The plant will supply sustainable process steam to a nearby potato processing facility, aiming for a capacity of 5 MW....more

ironfuel.nl (RIFT Website) • February 29, 2024

RIFT and NOM announce investment in world's first industrial iron fuel plant

RIFT and NOM (Investment and Development Agency for the Northern Netherlands) announced an investment in the world's first industrial iron fuel plant. NOM's investment supports the project at the Veolia site in Wijster....more

Breakthrough Energy • October 26, 2023

RIFT's Iron Fuel Project Selected by Breakthrough Energy Catalyst for Grant Funding

Breakthrough Energy Catalyst announced RIFT's project for a 5MW industrial iron fuel boiler in Helmond, Netherlands, as one of its first grant recipients. This funding aims to accelerate the commercialization of iron fuel technology by supporting the construction and operation of the demonstration plant at the Metalot site....more

Silicon Canals / RIFT News • December 7, 2022

RIFT Secures €11M Seed Funding to Scale Iron Fuel Technology

Eindhoven-based RIFT raised €11 million in a seed funding round. The investment was led by EIT InnoEnergy, with participation from regional energy fund EnergIIQ, Rabobank, and the Brabant Development Agency (BOM), to advance the development and commercialization of its iron fuel technology....more

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