# Nernst Electric

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nernst-electric

- Industry: Energy Storage & Batteries
- Headquarters: Dublin, Ireland
- Website: www.nernstelectric.com/
- Total disclosed funding: $2M
- Latest round: Seed (Jul 22, 2026)
- Investors on record: 1

## About

Nernst Electric, based in Ireland, specializes in innovative oxygen generation technology, providing efficient solutions for industries such as aquaculture, water treatment, and steel production.Founded in 2023 and headquartered in Dublin, Ireland, Nernst Electric focuses on developing advanced oxygen generation systems. The company has successfully completed two deals, with its most recent funding round being a Seed round in July 2026 that raised EUR 1.75 million from the investor HATCH. This funding will facilitate building a demonstration unit and support commercial trials of their technology.Nernst Electric specializes in the development and production of ultra-efficient oxygen generation technology, primarily through its proprietary Oxygen Transport Membrane (OTM) technology. This innovative technology allows for the direct separation of oxygen from ambient air, resulting in high-purity oxygen generation with minimal energy consumption and operational costs. Nernst Electric's products cater to various industrial sectors, including aquaculture, water treatment, mining and metallurgy, and steel production, addressing critical challenges such as remote site accessibility and energy inefficiencies associated with traditional oxygen production methods. The company’s on-site oxygen generators are designed to meet the specific needs of each sector, ranging from small-scale applications to large industrial requirements. Nernst Electric's customer base includes fish farms, water treatment facilities, mining operations, and steel manufacturers, with a focus on markets in Europe, North America, and Asia.Nernst Electric generates revenue through the sale and leasing of its oxygen generation systems to industrial clients under direct B2B transactions. The company offers flexible pricing structures that may include outright purchases, long-term leases, or service agreements, allowing customers to select options that best fit their operational needs. Through these agreements, clients benefit from significant cost savings owing to lower operating expenses compared to traditional oxygen generation methods. The revenue model is further supported by ongoing maintenance services, ensuring optimal performance of the systems provided. Nernst Electric emphasizes its commitment to providing reliable and cost-effective oxygen solutions, which can be tailored to the unique demands of its diverse clientele across various geographic regions.In July 2026, Nernst Electric raised EUR 1.75 million in Seed funding, which will be utilized to build and test an on-farm demonstration unit and support commercial trials of their technology. The company plans to expand its presence in the aquaculture and water treatment sectors across Europe, North America, and Asia, aiming for substantial market penetration by 2028.

## Funding rounds

- Seed, Jul 22, 2026, $2M — Hatch Blue

## Investors

- Hatch Blue (https://capitalatlas.ai/funds/hatch-blue) — Seed