Exergy3
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Founders
About
Exergy3 is a University of Edinburgh spinout developing modular thermal-energy-storage units that convert surplus renewable electricity — such as curtailed wind generation — into high-temperature industrial heat at up to 1,200°C, targeting decarbonization of industrial processes like distilling, chemicals and food production 1. The company is led by CEO Dr Markus Rondé and CSO Dr Adam Robinson 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-04-21 | Seed | £10M (~€11.4M) | Axeleo Capital | Bayern Kapital, Kibo Invest, Scottish Enterprise, Zero Carbon Capital, Old College Capital 1 |
What Investors Say
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What Founders Say
No independently sourced founder quotes found.
Sources
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“Edinburgh University spinout Exergy3 raises £10m to turn wasted wind power into industrial heat,” UK Investor Magazine, April 21, 2026. Accessed April 2026. https://ukinvestormagazine.co.uk/edinburgh-university-spinout-exergy3-raises-10m-to-turn-wasted-wind-power-into-industrial-heat/↩↩
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“Turn up the heat: ZCC backs Exergy3 to electrify industrial heat,” Zero Carbon Capital. Accessed April 2026. https://www.zerocarbon.vc/post/turn-up-the-heat-zcc-backs-exergy3-to-electrify-industrial-heat↩