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901 Edinburgh’s Exergy3 raises €11.4 million to turn surplus renewable power into clean industrial heat

EU-Startups
Rahul Raj @ EU-Startups · 04/21/2026 06:03 EDT

Edinburgh’s Exergy3 raises €11.4 million to turn surplus renewable power into clean industrial heat

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 ...

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