EPYR Secures $3M in Pre-Seed Funding to Revolutionize Industrial Thermal Energy Storage

We are thrilled to announce that EPYR has successfully raised $3,000,000 in our latest funding round—a significant milestone that further fuels our mission to revolutionize industrial heat. Industrial heat accounts for a staggering 25% of global energy consumption and remains one of the hardest sectors to decarbonize, with 80% still reliant on fossil fuels. At EPYR, we are committed to transforming this landscape through our innovative Thermal Energy Storage (TES) solutions, which enable industries to transition from fossil-based heating systems to clean, cost-effective, and on-demand thermal energy. This pivotal infusion of capital will accelerate the development and scaling of our technology that captures low-cost renewable electricity, stores it as heat, and delivers high-temperature energy when needed. The funding will be strategically allocated towards expanding our research and development efforts, enhancing manufacturing capabilities, and forging key industry partnerships that drive the broader adoption of sustainable energy practices. As a team of pragmatic dreamers, we firmly believe that performance and impact can go hand in hand. Our mission is clear: to reinvent industrial heat with higher efficiency, sustainability, and resilience and to lead the energy transition in one of the world’s most challenging and critical sectors. This announcement marks a turning point in our journey—a journey that is not only about reducing emissions and optimizing energy costs but also about setting new industry standards for environmental stewardship and operational excellence. We invite our partners, customers, and supporters to join us in shaping a cleaner, brighter, and more sustainable future for industrial heat worldwide.