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