350 PPM Funded companies

Organic Heat Exchangers Ltd. (EIS validaed), Now funding

Organic Heat Exchangers Ltd. (EIS validaed), Now funding Organic Heat Exchangers Ltd is the inventor of the EnergiVault, which is a COLD Battery. With energy storage, it's proven that it is much more efficient and effective to hold the energy or lack of it (in the case of cooling), in the medium of use. If you need cold, hold the energy as cold, heat; hold it as heat, etc etc. This is the principal of EnergiVault – the cold battery. Cooling probably represents circa 20% of energy usage worldwide. In some locations up to 80% of a country’s electricity may be used for cooling, so this is a huge market, and it is our opinion that Organic Heat Exchangers’ 1.5 MWh EnergiVault priced at circa £300,000 solves Cold Energy Storage. Think of it this way: your company needs vast amounts of cooling, particularly in the day. In simple terms, if electricity is £0.32 per KWh in the day and £0.08 in the night, as an example, if you run EnergiVault in the night, charging it up for 1.5 MWh @ £0.08, this costs £120, as opposed to £480 in the day, saving yourself £126,720 a year. Nighttime electricity is generally a lot less carbon intensive and if you have your own renewables, you can achieve carbon neutral with your cooling and give some needed relieve to the red. There are other ways that EnergiVault can save money and carbon emissions: It is a fantastic piece of practical engineering. O-Hx has successfully completed the ultimate test with proof of concept for its EnergiVault - revolutionising industrial cooling with its unique energy storage solution at a client site in Newcastle. O-Hx has now started an equity fundraising initiative of £1 million to accelerate UK growth and internationalisation planning. You find the latest update from O-Hx founder Bob Long in "Learn More". Contact me for investment details, latest IM or more information.