Gyre Energy raises $1.3M to cut industrial cooling costs with AI and thermal storage
Gyre Energy an Oxford-founded energy tech company using AI and thermal energy storage to cut the cost and energy demand of industrial cooling, has secured over $1. 3 million in investment and grant fun... Gyre Energy is deploying its platform with one of the world's largest cold chain logistics operators as rising temperatures and electricity demand strain cooling infrastructure.
Key Takeaways
- 3M to cut industrial cooling costs with AI and thermal storage Gyre Energy is deploying its platform with one of the world's largest cold chain logistics operators as rising temperatures and electricity demand strain cooling infrastructure.
Cate Lawrence 2 hours ago Share Share Send email Copy link Gyre Energy an Oxford-founded energy tech company using AI and thermal energy storage to cut the cost and energy demand of industrial cooling, has secured over $1.
- Gyre's platform is deployed across the UK, Africa, and the Caribbean, with expansion underway in the Middle East, Asia Pacific, and Europe.
- The deployment is Gyre's most significant to date, its first with a global logistics leader, and comes as heatwaves across Europe and other regions place growing pressure on cold chains, buildings, power grids and cooling infrastructure.
The extreme temperatures are driving higher demand for cooling technologies and increasing electricity use, with the International Energy Agency (IEA) warning that cooling demand is already straining power grids worldwide.
- What's really resonating with our customers is that the same infrastructure that has historically been a cost line can become an energy asset.
" Gyre Energy has already demonstrated the commercial impact of its platform with a large UK chilled and frozen distribution business with a nationwide depot network.
- As cooling demand rises across the economy, Gyre Energy sees future applications beyond cold storage, including data centres, where operators face increasing pressure to control energy use, manage heat and maintain uptime as AI workloads grow.
Stats & Key Facts
- #3 million in investment and grant fun...
- #3 million in investment and grant funding as it expands work with larger enterprise customers.
- #The Pre-Seed round, led by Speedinvest with participation from Rule 30 and Plug and Play , has funded Gyre's growth into large-scale cold chain environments including one of the world's largest logistics companies responsible for moving and storing temperature-sensitive goods across global supply chains.
- #* Gyre will install its AI-driven cooling optimisation and thermal energy storage platform within a chamber of a 140,000 square foot cold chain operation, with performance measured against an IPMVP baseline.
Gyre Energy is deploying its platform with one of the world's largest cold chain logistics operators as rising temperatures and electricity demand strain cooling infrastructure. 3M to cut industrial cooling costs with AI and thermal storage Gyre Energy is deploying its platform with one of the world's largest cold chain logistics operators as rising temperatures and electricity demand strain cooling infrastructure. Cate Lawrence 2 hours ago Share Share Send email Copy link Gyre Energy an Oxford-founded energy tech company using AI and thermal energy storage to cut the cost and energy demand of industrial cooling, has secured over $1.
3 million in investment and grant funding as it expands work with larger enterprise customers. Founded in 2024 by three Oxford MBAs, the company combines physics-based AI with thermal energy storage to optimise cooling for cold storage, logistics, grocery retail, and other cooling-intensive commercial facilities. Gyre's platform is deployed across the UK, Africa, and the Caribbean, with expansion underway in the Middle East, Asia Pacific, and Europe.
The Pre-Seed round, led by Speedinvest with participation from Rule 30 and Plug and Play , has funded Gyre's growth into large-scale cold chain environments including one of the world's largest logistics companies responsible for moving and storing temperature-sensitive goods across global supply chains. * Gyre will install its AI-driven cooling optimisation and thermal energy storage platform within a chamber of a 140,000 square foot cold chain operation, with performance measured against an IPMVP baseline. Gyre's AI analyses site behaviour, forecasts cooling demand, and optimises the system to reduce overall energy use while maintaining temperature stability.
For more details please read the original article at Tech.eu.
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