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EPYR raised €3M in a pre-seed funding round co-led by AENU and Daphni to launch industrial-scale pilots for thermal energy storage technology.

Feb 04, 20257 months ago

Amount Raised

€3 Million

Round Type

seed

ParisRenewable EnergyEnergy

Investors

Wepa VenturesOvni CapitalDaphniAenu

Description

EPYR, a French climate tech company, has secured €3M in pre-seed funding to advance its thermal energy storage solutions. The funds will be utilized to demonstrate the technology’s viability and scalability across Europe.

Company Information

Company

EPYR

Location

Paris, Ile De France, France

About

EPYR is a French climate tech company specializing in thermal energy storage (TES). It offers heat decarbonization and electrification solutions for industrial heat demands, addressing a significant portion of global energy consumption. EPYR converts renewable electricity into heat, enhancing efficiency while supporting the energy transition. The company is focused on advancing its TES technology for better scalability and economic viability.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers