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

9th May, 2015
4
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.

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