💻 Technology 13h ago · Cate Lawrence

French startup Epyr raises €15M following successful industrial heat storage deployment

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French startup Epyr raises €15M following successful industrial heat storage deployment
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French industrial energytech company Epyr has raised a €15 million Series A round led by  SlateVC. Existing investors AENU and Daphni are doubling down, alongside WEPA Ventures, OVNI  Capital and Aurum Impact. 
Industrial heat accounts for around 20 per cent of global energy consumption and is still largely produced by burning fossil fuels, mostly natural gas in Europe.
Electrifying it has become an EU priority, both to cut emissions and to reduce dependence on imported fuels. But industrial

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