Exergyn raises €5m for engine which could prove hot stuff

9th May, 2015
Alan Healy, chief executive, Exergyn; the Exergyn Drive engine runs on hot water and will be marketed to the biogas sector

The Dublin inventors of an eco device that will allow manufacturers to use waste water to generate electricity have raised €5 million in funding.

Mechanical engineers Barry Cullen and Kevin O’Toole designed the earliest version of the Exergyn Drive while both were lecturing part-time at Dublin Institute of Technology.

They set up a company to develop the product commercially in 2012, after meeting inventor Alan Healy, Exergyn’s chief executive.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 9 months ago

The Daily Briefing

The Daily Briefing