Exergy3 raises £1 million pre-seed funding – Business Insider

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Exergy3, an Edinburgh-based clean-tech startup, has secured £1 million in pre-seed funding to advance its ultra-high temperature thermal energy storage technology. Founded in 2019, the company focuses on decarbonising high-temperature industrial processes by converting renewable electricity into thermal energy, stored at up to 1,300°C. This solution provides cost-effective, sustainable heat for industries, supporting global net-zero targets. The funding round, backed by prominent investors, reflects confidence in Exergy3’s potential to reduce CO₂ emissions and drive industrial decarbonisation.