Are you familiar with Dublin-based company Exergyn? You might know that they exist to provide clean energy but if that's the only thing you know, then you're still missing a lot. Below are 20 things about them that easily make them one of the most dynamic and appealing companies in the modern world. Keep reading and find out more.
1. They’re all about creating a better world
The company wants to make the world a better place by reducing emissions from greenhouse gas. That fact alone is interesting enough. The fact that they are incorporating some of the most dynamic methods of doing so make them stand apart from virtually everyone else. In fact, they are a company that is virtually unequaled in what they have set out to do. Even more impressive, they’re actually making it happen, a little at a time.
2. They are developing techniques that sound like they belong in a sci-fi movie
It all comes down to something called a Shape Memory Alloy, or SMA. If you're like most people, you're asking yourself what exactly that is. As it turns out, it's a solid-state matter that is capable of expanding and contracting in order to generate heat. Granted, it sounds like something that comes directly out of a sci-fi film but in reality, it’s something that is actually quite functional. It may not seem like it, but it's already being used successfully. As a matter of fact, it seems like a near-perfect way to make heating and cooling more efficient while simultaneously providing more effective heating and cooling for both homes and businesses. At the same time, it's possible to accomplish all of this while reducing emissions from greenhouse gas, reducing the carbon footprint on the Earth, making the air cleaner to breathe and successfully dealing with the climate change issues that the entire world is currently experiencing. It's hard to believe that something could fix all of these problems, especially with the development of a single thing. That said, the company is doing exactly that and they are proving time and again that it’s not only possible, but sustainable.
3. They are capable of helping transform the way energy is created and used
One of the truly interesting things about this company is that they're capable of helping transform the way energy is created. Obviously, that means that they can also transform the way that it's used. This is a major breakthrough for people all over the world because everyone is struggling with issues related to greenhouse gas and pollution. Changing the way that homes and businesses handle heating and cooling can make all the difference in the world when it comes to changing the way that people deal with climate change and pollution. In a way, you might say that it's the best bet associated with turning back the clock and getting a second chance for the health of the planet.
4. Their goal is make the air less polluted
There have been a lot of companies in the past that have had similar goals, but there haven't been that many of them that have been capable of pulling it off the way that this company is handling things. As a matter of fact, they have developed one of the most fascinating ways to reduce air pollution since the invention of fossil fuels. It will definitely be interesting to see what they're capable of doing with this technology as time goes on.
5. They’re also involved in corrected the climate change problem
Obviously, they're also directly involved in helping to curb the climate change problem. Unfortunately, there are still people that don't believe that climate change is a real factor. For some reason, there are even scientists that think this way. The truth of the matter is that climate change is a genuine problem that is only going to get worse as time goes on unless something is done to reverse things immediately. So far, this seems like the best bet in accomplishing that goal. In fact, it might be the only game in town.
6. They have more than 100 patents at this time
Right now, they have a number of patents on their design, more than 100 of them to be exact. The goal is to ensure that other companies don't come along and pirate their technology in order to undermine what they've already accomplished. Of course, some of it is because the company is in business to make money. It only stands to reason that they would create a patent on the technology they've developed so that they have access to it without having to worry about someone else taking their technology and outperforming them. Nevertheless, there is a genuine possibility that they will be able to do great things with this technology. As such, it seems like the best thing that could happen to the rest of the world is for this company to find the success it's looking for.
7. They help their employees succeed through advancement and mentorship
The company also makes news in all the best ways possible where their employees are concerned. As a matter of fact, they provide plenty of opportunities for advancement for their employees as well as providing comprehensive mentorship programs that allow each and every one of their employees the chance to succeed at the highest possible level.
8. They also have a work-study program
For those employees who want to take things a step further, they also have a work-study program that allows them to attend college in order to get a degree. The company helps pay for it. There aren't really that many companies that provide these types of opportunities for advancement. Clearly, this is a corporation that wants to see its employees succeed at the highest level possible and they're willing to do their part in order to ensure that it happens.
9. Employees can work from home if they need to
They're also unique in the sense that they afford their employees a great deal of flexibility. In fact, they allow the people that work for them to work remotely if that is what fits their situation better. By the same token, employees can work some days in the office and work remotely the rest of the time. It is typically decided on a case-by-case basis and provides more opportunities for individuals who work for them to tailor their work situation so that they can have a better work-life balance.
10. They’ve completed Series A funding
This is a company that has only recently started to make its mark in the world, despite the fact that they have been in business for a while. In fact, they have just completed their first round of funding. It’s genuinely exciting to see where this company can go, not to mention where it’s capable of taking others. People have been trying to come up with something viable that would provide clean energy without tons of restrictions for years. Perhaps they will be the first ones to actually do it on a large scale.
11. So far, they’ve raised $38.6 million
So far, they have managed to raise $38.6 million in their first round of funding alone. That's extremely impressive, especially when you consider the fact that they only have six main investors. Clearly, that's a number that will likely increase in the future. It's also interesting to see what they might be able to do with further rounds of funding if they were able to accomplish this in their first round.
12. They’re keeping their overhead low
One of the ways that the company stays relevant is to keep their overhead low.They have accomplished this by following their own rules and not hiring more people than they actually need at any given point in time. It might sound like a rather simple recipe for success, but it's one that a lot of companies also have trouble following.
13. They currently have fewer than 50 employees
Remember the part about not hiring more people than they actually need? At the moment, they have less than 50 people working for them. The truth is, that's a number that will probably change quite a lot in the future, but for this particular point in time, they're happy to keep their numbers relatively low. That allows them to spend the majority of their funds on research and development and ensure that the employees they do have are well compensated and happy.
14. They’re not the overnight sensation you probably think they are
You might be thinking that they've just come into their own practically overnight, especially since they just went through their first round of fundraising. The truth is, this company has been going at it for the last 10 years. It's only recently that they have made a number of breakthroughs and that's precisely why you're hearing all about them now.
15. They know how to make engines run without traditional fuel
You might think it sounds crazy, but they have developed technology that allows engines to operate without the use of traditional fuel. As a matter of fact, they use hot water to make them run. If you think that’s hard to comprehend, consider this fact. They have developed practical technology that allows them to simply plug their technology into the system in question (as is) and completely transform its operation. It sounds too good to be true, but the truth is that it’s the wave of the future.
16. They’ve also developed heat pumps that can operate on hot water, not chemicals
One of the biggest things that they have done to change things is to change the way that heat pumps work. Instead of using refrigerants, which are horrible for the environment and potentially hazardous for anyone that comes into direct contact with them, they've created heat pumps that are capable of working on hot water. The best part is that these heat pumps are actually more efficient than the ones that use refrigerants. In addition, it costs less to operate. It's a situation that benefits everyone involved.
17. They have the potential to transform the way people heat and cool everything
Because of their invention, they have the potential to truly transform the way that people heat and cool everything. It’s interesting to think about the possibility that at some point in the not-too-distant future, people will be using heat pumps that don't use any type of refrigerant. Thanks to this company, it's also a genuine possibility.
18. All of their products are industrial-grade
You wouldn’t expect a company like this to create technology that isn’t strong enough to handle the demands that are thrown at it. As you might expect, everything they create is made to industrial-grade standards. When you make the decision to use their products, you don’t have to worry about them breaking prematurely. Even when they’re put through their paces, used and abused, they keep performing just as they were designed to.
19. They’re miles ahead of the competition in developing this technology
In reality, they don't really have any competition. The company that's closest to developing anything even remotely like this has technology that is so expensive that even commercial operators can't afford to use it, much less homeowners. There are a couple of universities that are working on technology that would accomplish the same goals, but they're so far behind this company that it will likely be years before anything actually comes to fruition. At the moment, this company is light years ahead of everyone else.
20. Their goal is to normalize cutting-edge technology
One of their goals is to make cutting-edge technology an everyday thing. It is only by making these drastic changes that true progress can be made with the environment. They have recognized that fact and developed technology that is truly, drastically different. Now the goal is to get as many people to use it as possible.
You can also read:
Written by Allen Lee
Read more posts by Allen Lee