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§ Private Profile · 75011 Paris, France
Develops thermal energy storage systems converting renewable electricity to high-temperature heat for industrial decarbonization via heat-as-a-service.
Based in Paris, France, EPYR develops thermal energy storage systems that convert renewable electricity into high-temperature heat for heavy industrial manufacturing applications. The company utilizes high-performance ceramic firebricks to store energy and releases it on demand, operating primarily through a comprehensive heat-as-a-service business model that includes hardware, energy management software, and ongoing maintenance. EPYR has secured €3 million in pre-seed funding to support a growing commercial pipeline of over 20 industrial projects across Europe. The recent financing round was co-led by AENU and Daphni VC, with additional equity participation from OVNI Capital and WEPA Ventures. The enterprise is currently deploying its first commercial system at a facility in Troyes, France, to replace natural gas in paper pulp drying for its inaugural manufacturing customer, WEPA. EPYR was founded in 2024 by Léa Dardenne and Bastien Oggeri.
EPYR has raised $3.0M across 1 funding round.
EPYR has raised $3.0M in total across 1 funding round.
EPYR is a technology company specializing in thermal energy storage solutions that convert renewable electricity into high-temperature heat for industrial applications. Their product enables industries to replace fossil fuel-based heat with zero-carbon, cost-competitive, on-demand thermal energy, facilitating large-scale industrial decarbonization. EPYR serves heavy industries requiring high-temperature heat, addressing the critical challenge of reducing carbon emissions in sectors traditionally reliant on fossil fuels. The company is gaining momentum through pioneering projects, including deploying France’s first industrial thermal energy storage unit, signaling growing adoption and impact in the clean energy transition[1][2][4].
EPYR was founded to tackle the challenge of decarbonizing industrial heat, a major source of global emissions. While specific founding details are not provided in the search results, the company’s evolution centers on developing practical, scalable thermal energy storage technology that leverages renewable power sources such as solar and wind. Early traction is demonstrated by their upcoming deployment with WEPA in Troyes, France, marking a pivotal milestone as the first industrial-scale project of its kind in the country, underscoring EPYR’s role as an innovator in industrial heat decarbonization[1][3][4].
EPYR is riding the global trend toward industrial decarbonization and renewable energy integration. Industrial heat accounts for a significant portion of carbon emissions, and electrifying this heat with renewable energy is a critical step in the energy transition. The timing is crucial as industries face increasing regulatory and market pressures to reduce emissions while maintaining competitiveness. EPYR’s technology addresses these market forces by providing a cost-effective, zero-emission alternative to fossil fuels, thus influencing the broader ecosystem by enabling industries to adopt clean energy solutions at scale[1][2][3].
Looking ahead, EPYR is positioned to expand its footprint through additional industrial deployments and scaling its thermal energy storage technology. Trends such as rising carbon pricing, stricter emissions regulations, and growing renewable energy capacity will shape its growth trajectory. EPYR’s influence is likely to grow as it helps industries achieve carbon neutrality, potentially becoming a key enabler of the global clean energy transition in heavy industry. Their upcoming projects, like the France deployment, will serve as important proof points driving wider adoption and innovation in industrial heat decarbonization[1][3].
EPYR has raised $3.0M in total across 1 funding round.
EPYR's investors include AENU, Earlybird Venture Capital, NewFund, Thibaud Elziere.
EPYR has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $3M Seed | AENU | Earlybird Venture Capital, Newfund, Thibaud Elziere | Announced |