Enjay Turns Food Waste into Energy, Secures Funding from H&M Billionaire
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Enjay Turns Food Waste into Energy, Secures Funding from H&M Billionaire
"Commercial kitchens, such as those in restaurants and food production facilities, release large amounts of hot, grease-filled air through ventilation systems - energy that typically goes to waste. Enjay's solution, a durable machine called Lepido, captures this heat without breaking down, addressing a long-standing challenge in the industry. "Everyone - customers and technical consultants alike - agreed that no product could handle this. They just ignored the problem and let massive amounts of energy escape," said co-founder and CEO Jesper Wirén to Impact Loop. Enjay initially sold its hardware to fast-food chains like Burger King, proving the technology worked."
"The startup is reported to have raised over € 700.000 (8 million SEK) in the new funding round led by existing investors, including Peter Enberg, Almi Invest Greentech, and also Karl-Johan Persson's investment firm, Philian Invest. The funding reportedly values Enjay at € 4 million (44 million SEK). Enjay aims to secure three major contracts in the coming year and 20-25 deals long-term to scale its operations."
Enjay develops a durable machine called Lepido that captures hot, grease-filled air from commercial kitchen ventilation and converts it into reusable energy. Lepido is designed to resist breakdown from polluted, grease-saturated air, addressing an industry problem where ventilation heat typically goes to waste. Enjay proved the solution by selling hardware to fast-food chains like Burger King. The company now offers energy-as-a-service, financing installations and selling clean energy under long-term contracts while targeting large food manufacturers. Recent funding exceeded €700,000, valuing Enjay at about €4 million, with aims to secure multiple major and long-term contracts to scale operations.
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