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Things are going well for Enjay

Team Enjay, photo

Enjay is a rising star among the Climate-KIC Startup Accelerator companies. Read more about the latest developments.

Enjay is developing a heat pump that can reuse the heat in exhaust air from restaurant kitchens. Up until now, this heat has been wasted. Reuse has not been possible due to the large amounts of fat and soot that comes with the airflow. Regular Heat pumps quickly gets clogged and this is the problem that Enjays product solves. Their heat pump is unique as it can handle the fat and soot and thereby utilize the waste heat resources currently being wasted. We called up Nils Lekeberg at Enjay to see how their doing and if the financing from Climate-KICs accelerator program has been helpful.

Thanks to the financing from Climate-KIC Enjay has been able to build and install their first pilot in a real restaurant a little more than one year ago. The installation site was a Burger King restaurant, which is from a fat and sooth perspective, a worst-case scenario. The pilot installation is still running and delivering reused heat to the house where the restaurant is located. Out of the experiences from this pilot, the product has been radically changed and improved. This has, among other things, lead to much stronger position regarding intellectual property protection.

Since this, yet another installation has been delivered to a paying customer, Stena Fastigheter. The real sales start is though planned for April 1st. By then the product will be CE- labelled. The sales will be channelled through a number of leading installation companies.

Enjay has received finance from Climate-KICs startup accelerator programme in all three steps. By the end of phase three, they have also started to receive finance from other sources. During summer Enjay raised 3,2 MSEK from Peter Enberg, former CEO and majority owner of Kung Markatta and the Swedish Energy Agency. The money have been used for improvements and verification of the product. Right now, the company is closing a second round with the same Peter Enberg as well as loans from ALMI and Nordea. The new round is set at 9 MSEK and the money will be used for the product launch.

From nothing but an idea, Enjay has been able to grow to currently four employees and they are in the process of hiring two additional people.

As mentioned, the subsidies from Climate-KIC has been crucial in order for Enjay to be able to build and install their first pilot. Besides this, the support has also meant that they have been able to stick to the original time plan month by month. As the support from Climate-KIC has been paid regularly in the different steps there has been no need to wait for financing to continue development. For a startup working with technology development it is extremely rare to be able to follow a set time plan!