Gyre Energy has secured more than $1.3 million in investment and grant funding as it ramps up work with large enterprise customers, strengthening its position in the fast-growing cooling optimisation space.
The pre-seed round, led by Speedinvest with participation from Rule 30 and Plug and Play, is backing Gyre’s expansion 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 deploy its AI-driven cooling optimisation and thermal energy storage platform inside a chamber within a 140,000 square foot cold chain operation, with performance measured against an IPMVP baseline. Gyre’s AI models will investigate how the site behaves, forecasts cooling demand, and continually optimises the system to cut overall energy use while keeping temperatures stable.
Its thermal energy storage then banks cooling capacity when energy is cheaper and greener, releasing it during expensive peak periods so equipment runs less when power prices are highest.
This new deployment is Gyre’s largest to date and its first with a global logistics leader. It comes as heatwaves across Europe and other regions put mounting pressure on cold chains, buildings, power grids and cooling infrastructure.
The extreme temperatures are driving higher demand for cooling technologies and pushing up electricity use, with the International Energy Agency (IEA) warning that cooling demand is already straining power grids worldwide. Global electricity demand is expected to grow around 50% faster between 2026 and 2030 than in the previous decade, driven largely by HVAC, data centres and electrification, exactly the kinds of loads Gyre’s platform is designed to optimise.
Gyre Energy has already proven the commercial impact of its technology with a major UK chilled and frozen distribution business operating a nationwide depot network. In its first published commercial deployment at a 2,900 sq ft frozen cold storage facility, Gyre cut electricity costs by 38% and daily energy consumption by 35%, delivering a payback period of under 1.5 years.
Crucially, the company’s approach allows cold storage and industrial cooling operators to improve cooling performance without ripping out or replacing major infrastructure.
As cooling demand rises across the economy, Gyre Energy sees clear opportunities beyond cold storage, particularly in data centres where operators face growing pressure to control energy use, manage heat and maintain uptime as AI workloads intensify.
Leadership Comments
Dougald Coulson, co-founder and CEO of Gyre Energy, said: “Cooling already accounts for around a fifth of global electricity demand, and it’s rapidly growing. For the 
operators we work with, energy is one of their largest costs and cooling is the part they’ve had the least control over. What’s really resonating with our customers is that the same infrastructure that has historically been a cost line can become an energy asset. Working with one of the world’s largest logistics operators gives us the opportunity to prove that approach in one of the most demanding cold chain environments in the world.”
Alex Davis, Investor at Speedinvest, said: “Cooling is one of the most fundamental and overlooked problems in the energy transition, and Gyre is tackling it head on. This is AI applied to the real world, delivering real outcomes in the shape of lower energy consumption and more resilient supply chains. In the twelve months since we invested, Dougald, Tom, Mike and the team have executed exceptionally, moving from proven first commercial deployment to working with one of the world’s most sophisticated cold chain operators. Gyre is building a core layer of the energy stack of the future, and we’re delighted to be on this journey with a team that is global by nature and unbounded in its ambition.”
The company is said to have recently been named a SXSW London Venture Spotlight winner (2nd place), has been selected as a MIT Climate Solver (from nearly 2,900 organisations globally) and awarded multiple Innovate UK grants.
