Gyre Energy an Oxford-founded energy tech company using AI and thermal energy storage to cut the cost and energy demand of industrial cooling, has secured over $1.3 million in investment and grant funding as it expands work with larger enterprise customers.
Founded in 2024 by three Oxford MBAs, the company combines physics-based AI with thermal energy storage to optimise cooling for cold storage, logistics, grocery retail, and other cooling-intensive commercial facilities. Gyre’s platform is deployed across the UK, Africa, and the Caribbean, with expansion underway in the Middle East, Asia Pacific, and Europe. The Pre-Seed round, led by Speedinvest with participation from Rule 30 and Plug and Play, has funded Gyre's growth into large-scale cold chain environments including one of the world’s largest logistics companies responsible for moving and storing temperature-sensitive goods across global supply chains.*
Gyre will install its AI-driven cooling optimisation and thermal energy storage platform within a chamber of a 140,000 square foot cold chain operation, with performance measured against an IPMVP baseline.
Gyre's AI analyses site behaviour, forecasts cooling demand, and optimises the system to reduce overall energy use while maintaining temperature stability. Its thermal energy storage then stores cooling capacity when energy is cheaper and greener, releasing it during expensive peak periods so the equipment runs less when power costs most.
