Gyre Energy Secures $1.3 Million in Funding Led by Speedinvest

Gyre Energy Raises $1.3 Million to Transform Industrial Cooling

Gyre Energy, an Oxford-based company specializing in cutting industrial cooling costs through innovative AI and thermal storage solutions, announced on July 7, 2026, that it has raised $1.3 million in an undisclosed funding round. The round was led by Speedinvest, with participation from Rule 30 and Plug and Play.

Leadership Team

The company was co-founded by Michael McKenna, who serves as the Chief Technology Officer (CTO), Tom Gibson, the Chief Operating Officer (COO), and Dougald Coulson. The founders aim to address the challenges posed by rising temperatures and increasing electricity demand on industrial cooling infrastructures.

Strategic Use of Funds

With the new injection of capital, Gyre Energy plans to deploy its platform with one of the world's largest cold chain logistics operators. This move is expected to enhance the efficiency of cooling systems, a critical need as global temperatures continue to rise.

Investor Confidence

Speedinvest, a leading investor in tech startups, spearheaded the funding round. Their involvement, along with Rule 30 and Plug and Play, underscores the confidence in Gyre Energy's potential to revolutionize industrial cooling through advanced technology solutions.

Future Plans

The funding will enable Gyre Energy to expand its technological offerings and potentially explore new markets. By leveraging AI and thermal storage, the company aims to provide sustainable and cost-effective cooling solutions for industries worldwide.

Gyre Energy's innovative approach and strategic partnerships position it well to make significant impacts in the industrial cooling sector, addressing both economic and environmental challenges.