Edinburgh’s Exergy3 raises €11.4 million to turn surplus renewable power into clean industrial heat
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Exergy3, an Edinburgh-based CleanTech startup specialising in ultra-high temperature thermal energy storage solutions, has raised €11.4 million (£10 million) in Seed funding to scale its proprietary technology, addressing industrial decarbonisation, grid balancing and energy security.
The round was led by Axeleo Capital, with participation from Bavaria-based public venture capital investor Bayern Kapital and Singapore-based Kibo Invest. Existing investors Scottish Enterprise, Zero Carbon Capital
The round was led by Axeleo Capital, with participation from Bavaria-based public venture capital investor Bayern Kapital and Singapore-based Kibo Invest. Existing investors Scottish Enterprise, Zero Carbon Capital
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