Dublin’s Exergyn Pulls In $35M Series A For Solution Which Replaces Ghg-Causing Refrigerants
01/21/22, 8:01 AM
Location
dublinMoney raised
$35 million
Industry
sustainability
science and engineering
software
Round Type
series a
Dublin-based Exergyn replaces refrigerants with solid materials, thus reducing the output of greenhouse gases. The technology could be applicable in data centers.
Company Info
Location
dublin, california, united states
Additional Info
The industrial-grade cleantech company has now raised a $35 million (€30 million) Series A round led by Mercuria, an energy and commodities company, and Lacerta Partners, a family office-backed fund. Exergyn has a product called a solid-state shape memory alloy (SMA) which it claims could lower carbon emissions in industries such as heating, ventilating, air-conditioning, refrigeration (HVACR), automotive, and aerospace.