At a time when Ireland is striving to increase home building, Platmech will bring TCL’s award-winning heat pump tech to the country, as it secures €2m cash injection.
Founded by Donal Somers in 2014, climate-tech company Platmech has announced a €2m capital injection and an exclusive national partnership with Chinese engineering giant TCL, which has revenues of some $43bn. It will see TCL’s award-winning climate-friendly Tri-Thermal R290 heat pump range launched in Ireland for the first time.
To coincide with the new investment, Platmech has strengthened its leadership team with industry veteran Gerry McDonagh as chair, Kevin Stanley as investor-director joining commercial director Eoin O’Donoghue and managing director and founder Somers.
“This is a milestone moment for Platmech and for Ireland,” said McDonagh. “With the support of TCL’s global scale and our local expertise, we’re delivering climate-aligned technology that is both commercially competitive and future-ready.”
TCL manufactures almost all its own critical components in-house, from inverter PCBs to control software, which it says ensures “tighter quality control, resilient supply chains and faster innovation”. Its Tri-Thermal R290 heat pump range has been recognised with a range of awards, including the 2025 Red Dot and iF design awards, and it will now be available to developers and builders in Ireland.
“We’re excited about this partnership,” said Arya Hu, deputy director of TCL Heat Pump Europe. “TCL brings world-class engineering and the strength of a global Olympic partner brand. Platmech adds the local expertise and market insight to deliver these solutions at scale across Ireland.”
With Ireland’s climate targets, energy cost pressures and EU refrigerant phase-out driving heat pump demand, Platmech says the investment positions it as “a capital-backed, growth-focused provider helping clients reduce compliance risk, improve EPC ratings and strengthen margins”.
“This partnership reflects our commitment to combining world-class innovation with trusted Irish delivery,” said Somers. “We’re giving developers and businesses confidence that the systems they choose today will remain efficient, reliable and compliant well into the future.”
Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.
