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title: Gyre Energy raises $1.3m to make the world’s cold stores...
description: Gyre Energy, an Oxford-founded startup, has raised $1.3m in pre-seed funding led by Speedinvest to deploy its AI-powered cooling optimization platform inside a...
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# Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Gyre Energy, an Oxford-founded startup, has raised $1.3m in pre-seed funding led by Speedinvest to deploy its AI-powered cooling optimization platform inside a major global cold chain operation. The platform uses physics-based AI to model thermal dynamics of cooling sites, forecast demand, and shift energy consumption to off-peak hours via thermal energy storage — reducing costs without altering existing hardware. In an earlier deployment at a UK frozen store, Gyre cut electricity costs by 38% and daily energy use by 35% with an 18-month payback period. The funding comes as heatwaves strain European power grids and cooling accounts for roughly 10% of global electricity demand, a figure set to grow. The company is also eyeing data centre cooling as a future market.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/gyre-energy-cooling-funding>

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