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PROJECT DETAIL

Revolutionizing HVAC with solid-state shape memory alloys.

CATEGORY
Advanced Manufacturing & Circular Economy
COMPANY
Exergyn
DATE
2012
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Business Development Partner

Key pain points

Climate Regulation Pressure: Eliminates refrigerants, avoiding compliance risks and phase-out expenses.

Operational Inefficiency: Enhanced power density and COP result in significant energy savings.

Maintenance Burden: Solid-state core prevents leaks, fluid servicing, and end-of-life recovery issues.

Noise & Reliability: Modular SMA system ensures quiet operation and longer lifespan.

Detail highlights

  • World’s first emission- and refrigerant-free heat pump
  • 3 global patents; TRL-7 prototypes
  • 40% higher COP vs. variable refrigerant flow (VRF) systems
  • Presence in Dublin, Rugby, and Prague with a world-class R&D team

Technology Highlights

Versatile Modular SMA Core – adaptable across heating, cooling, and refrigeration uses.

No Global Warming Potential (GWP) or Ozone Depletion Potential (ODP).

Minimal Noise & High Longevity – ideal for residential, commercial, and industrial systems.

Patented IP Portfolio – 3 core patents with worldwide protection.

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Why it fits Almiras’s Thesis

Exergyn embodies Almiras’s thesis of targeting “high-hanging fruit” ventures where technical challenges create defensible moats. It resonates with our belief in engineering simplicity—transforming complex, refrigerant-dependent HVAC into a streamlined solid-state system.

Macro Fit: Aligns with global climate objectives and GCC hot-climate building strategies.

Micro Fit: Tackles inefficiencies in HVAC—a sector with substantial local demand and regulatory urgency.

Management Fit: Led by a robust engineering team with a proven track record in R&D across Europe.

Exergyn propels Almiras’s mission to support science-driven ventures with practical applications, establishing a sustainable advantage for the built environment.

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Table of Contents

Key pain points

Detail highlights

Technology Highlights

Why it fits Almiras’s Thesis

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