Exergyn Ltd - DCU

Exergyn is a clean energy company whose innovative technology can transform energy systems for heating, cooling and waste heat recovery reducing greenhouse gas emissions and increasing energy efficiency. The company, based at DCU’s Innovation Campus DCU Alpha, had previously engaged the university on a consultancy project and in 2021 engaged DCU researchers again through I-Form, the SFI Centre for Advanced Materials Manufacturing, to access expertise in Additive Manufacturing (AM or 3D printing) and materials.

The collaborative research project sought to develop a next-generation heat pump for affordable decarbonisation of heating. The research has resulted in planned improvements to the performance of the company’s heat pump technology that will lead to a wider range of applications and a higher rate of return for customers. This, in turn, positioned Exergyn, along with partner company Fort Wayne Metals, to be successfully awarded €2.4m DTIF funding. The company closed its Series A funding round of €31m in January 2022 to bring its thermal management

technology to market. The Innovation Office at DCU has facilitated interactions between the company and researchers since the initial consultancy engagement and continues to provide its support.

• SCIENCE FOUNDATION IRELAND - IFORM RESEARCH CENTRE

• DISRUPTIVE TECHNOLOGIES INNOVATION FUND

“Exergyn recently closed a €31m Series A funding round to bring our thermal management technology to market. The collaborations with DCU have consistently supported the company in reaching this milestone.” - Kevin O’Toole, CEO, Exergyn

Published: 2022

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