Sustainable Energy
backed by
Efenco is a deep-tech company on a mission to deliver sustainable energy to humanity.
Efficiency gain
The HERC* prototype has demonstrated an 18% combustion efficiency gain in industrial validation in 2022**, with the potential to transform the entire combustion industry.
Innovation
Our cutting-edge technology combines quantum and plasma physics, nanotechnology, electronics and electrochemistry to create innovative solution for the energy sector.
Breakthrough
Over 7 years of research and development has resulted in a breakthrough in conventional thermochemical combustion. The Efenco HERC* solution allows to increase the combustion efficiency of natural gas up to 40% and for hydrogen up to 75%.
Patent
Efenco has a granted patent and a pending patent application for HERC* Tech. We have secured €4.5 million in funding to date, with an additional €8 million in EIB*** equity investment planned for 2023/24.
* High Energy Ray Ceramic
** Durability pilots start in '23
*** European Investment Bank
A world in Energy Peace
Pioneering the path to energy peace through efficient energy conversion solutions.
Mission
To deliver sustainable energy to humankind through innovative technology and increasing awareness through learning.
Vision
A world in Energy Peace where energy consumption is harmoniously aligned with the planet's well-being.
Ambition
To make a significant impact on reducing energy waste and its harmful effects on the planet by eliminating the equivalent of 77 million metric tons of CO2 emissions by 2030.
Focus
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Sustainable planet,
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sustainable business and economy, and
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clean energy for people.
Our Technology
HERC* revolutionizes industrial heating with breakthrough PAC solution expanding thermochemical combustion boundaries.
HERC
HERC* Tech is a patented method for generating low-temperature plasma by converting waste heat from redox reactions (and/or other heat sources) into a flux of ionizing radiation.
Chip
The technology is embodied as a family of self-powered vacuum nanoelectronic units in a form factor from chip to ceramic tiles.
Plasma
HERC* utilizes plasma-assisted combustion (PAC) to dramatically increase combustion efficiency.
Easy-To-Install
The self-powered, easy-to-install HERC* chip and nano-ceramic forms are designed for use in existing and new industrial heat systems.
* High Energy Ray Ceramic
The HERC* technology is embodied as a family of self-powered vacuum nanoelectronic units in a form factor from chip to ceramic tiles.
The units are used in high-temperature industrial boilers to increase significantly thermal conversion efficiency ⎯ 18%
* High Energy Ray Ceramic
Industries We Serve
We focus on industries requiring temperatures above 300°C
Iron and steel, pulp and paper, chemical and district heating, power generation, cement production, glass production, steel production, ceramics production, etc.
Iron & Steel
Production
Power
Generation
Pulp & Paper
Production
Cement
Production
Chemical &
District Heating
Glass
Production
Unbeatable Benefits
Delivering unbeatable benefits to the industrial heating sector.
Retrofittable Design
HERC* can be easily installed into existing infrastructure, without the need for rebuilding or upgrading. It can be installed in less than 1 hour, with simple plug-and-play capabilities.
Self-Powered
HERC* operates without any external power source, making it a cost-effective solution. It is self powered by gaining energy from the waste heat of the combustion.
Durable & Reliable
With no moving parts, HERC* is robust and compact, ensuring long-term reliability with minimal maintenance and low operating costs. HERC* is a game-changer for industrial heating processes, combining efficiency, affordability, and sustainability in a single solution.
Potential
The semi-empirical model based on the Jahn-Teller effect provides additional enthalpy in the thermochemical combustion, resulting in a potential increase in efficiency of up to 40% for natural gas and 75% for hydrogen.
* High Energy Ray Ceramic
Roadmap
Work with us!
Join us in our mission to eliminate one day's worth of carbon footprint by 2030.
Company Culture
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Empowerment
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Transparency
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Accountability
We take responsibility for our actions and promises, while fostering a culture of trust, openness and accountability through transparent communication and regular feedback.
Purpose
Our shared goal is to make a positive environmental impact by fostering innovation and collaboration. We believe in eliminating 77 million metric tons of CO2 emissions from entering the atmosphere by 2030.
That is one day's worth of global CO2 emissions.
Join our purpose-driven team dedicated to building a sustainable future.
Flexibility
We practice a healthy work-life balance with Efenco's commitment to employee well-being, offering flexible work options that adapt to your unique needs and creative lifestyle.
Growth
We acknowledge and recognize personal growth and the expansion of capabilities that will help Efenco become a leader in energy balance. We share victories together and reward simple action.
Financials & Funding Rounds
We are excited to invite investors to join us on this journey to transform the industrial energy industry with sustainable and innovative solutions.
Future Of Energy
We believe that the future of industrial energy efficiency lies in innovative solutions that offer cost-effective, energy-saving, and sustainable alternatives to traditional combustion.
Unprecedented Growth
While natural gas is widely used as fuel in the HTPH* industry, the market for hydrogen industrial heating is in its infancy. This presents an exciting growth potential for our company as we aim to offer sustainable and innovative Green Transition solutions that meet the evolving needs of these industries.
Market Boost
The global market value for combustion equipment, devices, and systems in the natural gas industry was 118.4 billion euros in 2020. This market is expected to reach
€172.6 billion by 2028 with a 4.84% CAGR in 2021-2028. The combustion control systems segment alone is expected to be worth €20.7 billion (12%) in 2028.
Profit Increase
We are striving to capture a significant portion of this market by offering cost-effective and energy-efficient solutions that cater to the needs of HTPH* industry buyers. Our solutions help them save on operational, service, and maintenance costs, offer a long product life cycle and reduce greenhouse gas emissions.
* High Temperature Process Heat
EIC Jury
European Innovation Council (EIC) Granted €10.5M funding (2022)
The jury was impressed by the breakthrough potential of the proposed technology. The team has built adequate IP and demonstrated how to monetize it.
Kristjan Järvan
Minister of Entrepreneurship and Information Technology of the Republic of Estonia
HERC technology is particularly important in the context of the Green Transition and will help to create solutions that will benefit industrial companies in Estonia as well as in other countries.
Ivo Remmelg
1st Round Lead Investor
If all the Natural Gas combustion equipment were retrofitted with HERC technology, the potential energy savings would be bigger than nuclear or renewables combined.
Our Team
We are a high-performing team with the drive and a mission to deliver sustainable energy to humankind by developing efficient energy conversion technologies and therefore reducing carbon footprint, and bringing energy peace to the world. We value honesty, openness, and transparency. We support individual growth and self-realization.
Join the Efenco revolution and be a part of shaping the future of energy!
Please feel free to contact us if you would like to join our team and shape the future, explore our investment opportunities or you are from an high-temperature industry and want to use our unit in your production process.
Contact Us
Europe
Address
Valukoja 8,
Building D, 12th floor
Tallinn, Estonia
Contact
info[ät]efenco.eu
