2 Milestones to Celebrate!

This week at daphni, we are elated to share two exciting updates with you!

To begin, we are happy to announce we have welcomed EPYR to our portfolio! The Parisian climate tech startup raised €3M in pre-seed funding, as they tackle industrial heat decarbonization with its smart thermal energy storage (TES) system.

 Why did we invest? Cutting carbon from industrial heat is no small feat, as it accounts for a massive 20% of global CO2 emissions. While Thermal Energy Storage (TES) is a promising answer to this problem, making it work at scale calls for a bridge between tech and real-world industry. That’s where EPYR comes in. Their smart heat storage tech turns renewable electricity into stored heat, cutting down both emissions & energy costs! 

This funding will allow EPYR to launch industrial-scale pilots, enhance AI-powered TES technology and expand its team. Thanks to EPYR’s technology, a cleaner, greener and more cost-effective future is on the horizon.

Additionally, we are thrilled to share that Stockly has raised €26M in their Series B funding round. We’re proud to continue supporting Stockly as they continue to make strides in revolutionizing e-commerce. Stockly’s smart algorithms connect retailers to a shared stock network, solving inventory challenges and expanding product offerings without extra costs. 

Over the last 7 years, Stockly has built Europe’s largest shared stock network, working with top brands like Galeries Lafayette & Decathlon. Last year, they hit 1M transactions & tripled their net income! We can’t wait to see them achieve new milestones in this next chapter.