Mechapres is a UK-based startup aiming to revolutionize industrial decarbonization with its innovative approach. Founded in 2023, the company's mission is to address the challenge of decarbonizing industrial process heat. Mechapres offers a high-temperature heat pump coupled with thermal storage, leveraging intermittent low-temperature heat sources like solar and waste heat to produce steam for industrial applications.
The company's unique selling points include a modular design, high-efficiency compressor, and compact thermal storage, enabling seamless integration into any production process while capitalizing on waste heat, on-site solar, and off-peak electricity prices. The resulting benefits for industrial plants are substantial, including energy savings, rapid payback time, carbon-free process heat, easy integration near production lines, and minimal space requirements (20ft container).
Having secured a £100.00K grant investment from TechX Accelerator in February 15, 2024, Mechapres is poised to further develop and showcase its groundbreaking technology. To discover more about Mechapres' cutting-edge solution, interested parties can reach out directly to the company.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | £100.00K | 1 | TechX Accelerator | 15 Feb 2024 |
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