Exergy3 develops a modular thermal energy storage system that converts surplus renewable electricity into industrial process heat.
Investment Rounds
Capital activity and funding progression
| Amount | Date | Round |
|---|---|---|
| €11.5 M | Apr, 2026 | seed |
Industries
Frequently Asked Questions
Where is Exergy3 located?
Exergy3 is located in Munich, Germany.
What industries does Exergy3 operate in?
Exergy3 operates in the following industries: CleanTech, Energy Storage, Industrial Heat.
How much total funding has Exergy3 raised?
Exergy3 has raised a total of $11,500,000.
Who are the investors in Exergy3?
The investors in Exergy3 are: Axeleo Capital, Bayern Kapital, Kibo Invest, Scottish Enterprise, Zero Carbon Capital, Old College Capital.
What is Exergy3?
Exergy3 is a clean-tech company and a University of Edinburgh spinout that has developed innovative, modular, ultra-high-temperature thermal energy storage technology.
How does the technology from Exergy3 work?
The system converts surplus, low-cost renewable electricity, such as curtailed wind power, into heat. This heat is stored at ultra-high temperatures and then discharged to provide reliable, zero-carbon process heat for industrial applications.
What temperatures can Exergy3 systems reach?
Exergy3 technology is capable of storing and delivering heat at temperatures ranging from 50°C up to 1,200°C.
What problem does Exergy3 aim to solve?
Exergy3 addresses the difficulty of decarbonizing high-temperature industrial heat, which is traditionally dependent on fossil fuels. It also helps solve the problem of grid waste by utilizing renewable electricity that is otherwise curtailed due to supply and demand mismatches.