# Epyr raises €15 million to scale industrial heat storage > The French energy company announced Series A funding to expand thermal storage for industry; its WEPA unit is operating, while a new Papeco unit is planned. - Canonical URL: https://newsverum.com/en/news/epyr-series-a-industrial-thermal-storage-france-2026 - Publisher: Newsverum - Section: Energy - Country: France - Published: 2026-10-15T23:48:24+00:00 - Updated: 2026-10-15T23:48:24+00:00 - Event / data period: 2026-10-13 - Other editions: [Türkçe](https://newsverum.com/tr/news/epyr-series-a-industrial-thermal-storage-france-2026.md), [العربية](https://newsverum.com/ar/news/epyr-series-a-industrial-thermal-storage-france-2026.md), [Français](https://newsverum.com/fr/news/epyr-series-a-industrial-thermal-storage-france-2026.md), [Español](https://newsverum.com/es/news/epyr-series-a-industrial-thermal-storage-france-2026.md), [Deutsch](https://newsverum.com/de/news/epyr-series-a-industrial-thermal-storage-france-2026.md), [Português](https://newsverum.com/pt/news/epyr-series-a-industrial-thermal-storage-france-2026.md) Epyr announced a €15 million Series A round on October 13 led by SlateVC. The company develops systems that use electric resistors to store heat in bricks when power is inexpensive, then supply that heat when industrial processes need it. Epyr’s first industrial unit, at the WEPA paper mill in Troyes, entered service in May 2026 and now covers up to one quarter of the site’s steam needs. The company says it has been selected for a new 35 MWh unit at Papeco; that project has been announced but is not yet operating. ## Data ### Epyr raises €15 million to scale industrial heat storage The French energy company announced Series A funding to expand thermal storage for industry; its WEPA unit is operating, while a new Papeco unit is planned. Methodology: This record summarizes the event reported by the cited primary source and distinguishes planned work from completed activity. | date | label | description | status | |---|---|---|---| | 2026-10-13 | Epyr raises €15 million to scale industrial heat storage | The French energy company announced Series A funding to expand thermal storage for industry; its WEPA unit is operating, while a new Papeco unit is planned. | occurred | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/epyr-series-a-industrial-thermal-storage-france-2026/data/source-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/epyr-series-a-industrial-thermal-storage-france-2026/data/source-event?lang=en&format=csv) ### Source-reported indicators The French energy company announced Series A funding to expand thermal storage for industry; its WEPA unit is operating, while a new Papeco unit is planned. Methodology: This is the Series A financing amount announced by the source. The period is the announcement day, not revenue, expenditure or energy savings. | label | value | unit | period | basis | value_qualifier | |---|---|---|---|---|---| | Announced Series A financing | 15 | million EUR | 2026-10-13 | observed | exact | Sources: · Download data: [JSON](https://newsverum.com/api/v1/articles/epyr-series-a-industrial-thermal-storage-france-2026/data/reported-observations?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/epyr-series-a-industrial-thermal-storage-france-2026/data/reported-observations?lang=en&format=csv) ## Sources - [Epyr]() (Source checked: 2026-10-15; Published: 2026-10-13) --- Cite the canonical URL above. [Editorial standards and corrections](https://newsverum.com/en/editorial)