PackGy Company Profile

Background

Overview

PackGy is a French company specializing in industrial decarbonization solutions through innovative energy transformation technologies. Established on December 7, 2020, in Chartres-de-Bretagne, France, PackGy focuses on developing high-efficiency thermodynamic machines capable of producing both cold and heat from electricity, and conversely, generating electricity from thermal sources. This technology aims to significantly reduce greenhouse gas emissions and energy consumption in industrial settings.

Mission and Vision

PackGy's mission is to provide innovative energy transformation solutions that substantially decrease greenhouse gas emissions from major industrial emitters. The company envisions a rapid deployment of these technologies, prioritizing the common good and economic viability. Their goal is to reduce the carbon footprint of consumed energy by over 80% and cut energy bills by three to four times, with a return on investment (ROI) of less than 3.5 years under current economic conditions.

Industry Significance

Operating within the cleantech and deeptech sectors, PackGy addresses the critical need for industrial decarbonization. The company targets the food industry, particularly the seven major players in fresh products, which collectively operate approximately 1,000 industrial sites and plan to invest €10 billion by 2040 in decarbonizing their facilities. PackGy's solutions are poised to play a pivotal role in achieving these sustainability objectives.

Key Strategic Focus

Core Objectives

PackGy aims to revolutionize energy efficiency in industrial processes by developing thermodynamic machines that can produce both cold and heat from electricity and generate electricity from thermal sources. This dual capability is designed to enhance energy efficiency and support the transition to renewable energy sources.

Areas of Specialization

The company specializes in:

Thermodynamic Machines: Developing reversible machines with high energy efficiency for industrial applications.

Industrial Decarbonization: Providing solutions to reduce greenhouse gas emissions in industrial settings.

Energy Transformation: Innovating in energy conversion and storage technologies to support renewable energy integration.

Key Technologies Utilized

PackGy employs proprietary thermodynamic cycles and piston-based technologies to achieve high energy efficiency. Their systems integrate thermal storage solutions to manage intermittent renewable energy sources effectively.

Primary Markets Targeted

The primary market for PackGy's solutions includes:

Food Industry: Focusing on major players in the fresh products sector.

Industrial Facilities: Targeting various industrial sites seeking to decarbonize and improve energy efficiency.

Renewable Energy Sector: Supporting the integration of renewable energy through efficient energy storage and conversion technologies.

Financials and Funding

Funding History

As of December 2025, PackGy has raised a total of €1.8 million in funding. This includes:

Equity Investment: €600,000 in equity financing.

OFTS (French Tech Seed Fund): €600,000.

Loans: €600,000 in loans.

Subsidies: €800,000 in subsidies, including €400,000 from the i-Nov program.

Intended Utilization of Capital

The raised capital is intended to:

Research and Development: Advance the development of thermodynamic machines and related technologies.

Product Deployment: Support the installation and scaling of solutions in industrial settings.

Market Expansion: Expand operations and market reach within the industrial decarbonization sector.

Pipeline Development

Key Pipeline Candidates

PackGy is developing a series of thermodynamic machines designed to:

Produce Cold and Heat from Electricity: Enhancing energy efficiency in industrial processes.

Generate Electricity from Thermal Sources: Utilizing waste heat to produce electricity.

Stages of Development

The company is in the advanced stages of R&D, with plans to deploy the first installations by 2026. A letter of intent (LOI) has been signed for the first installation, indicating strong market interest.

Target Conditions

The technologies are aimed at:

Industrial Facilities: Particularly in the food industry.

Sites with High Energy Consumption: Seeking to reduce energy costs and emissions.

Anticipated Milestones

2026: First installation and operational deployment.

2027-2030: Expansion to additional industrial sites and scaling of operations.

Technological Platform and Innovation

Proprietary Technologies

PackGy's proprietary technologies include:

High-Efficiency Thermodynamic Machines: Machines capable of reversible energy transformation with high efficiency.

Thermal Storage Solutions: Systems designed to store thermal energy for extended periods, facilitating the use of renewable energy sources.

Significant Scientific Methods

The company employs innovative thermodynamic cycles and piston-based technologies to achieve energy efficiency. Their systems integrate thermal storage solutions to manage intermittent renewable energy sources effectively.

Leadership Team

Key Executives

Magali Durame: Director General since March 26, 2025.

Philippe Loiseau: President since December 23, 2020.

Professional Backgrounds and Contributions

Magali Durame brings extensive experience in industrial engineering and energy efficiency, having previously held leadership roles in related sectors. She oversees the strategic direction and operational execution of PackGy's projects, focusing on R&D and market expansion.

Philippe Loiseau is an expert in industrial decarbonization technologies, with a background in developing and deploying energy-efficient solutions. He leads the company's technological development and partnerships, ensuring the successful implementation of PackGy's solutions.

Competitor Profile and Market Dynamics

Market Insights

The industrial decarbonization market is experiencing significant growth, driven by global sustainability goals and regulatory pressures. Companies are increasingly investing in technologies that reduce greenhouse gas emissions and improve energy efficiency.

Key Competitors

Packsize International LLC: An American company specializing in on-demand packaging systems and corrugated materials, offering solutions that reduce packaging waste and improve efficiency.

Packsys Global AG: A Swiss company manufacturing high-quality packaging machines, recognized for its innovation and precision in the packaging industry.

Strategic Collaborations and Partnerships

PackGy has established a research and development partnership with Clauger, a company specializing in industrial refrigeration and air conditioning systems. This collaboration aims to enhance the development and deployment of PackGy's thermodynamic machines in industrial settings.

Operational Insights

PackGy differentiates itself through its focus on high-efficiency thermodynamic machines and thermal storage solutions, addressing the specific needs of industrial decarbonization. The company's strategic collaborations and innovative technologies position it as a competitive player in the market.

Strategic Opportunities and Future Directions

PackGy plans to expand its market presence by deploying its technologies across various industrial sectors, focusing on large-scale installations and partnerships. The company aims to leverage its innovative solutions to become a leader in industrial decarbonization, contributing significantly to global sustainability efforts.