Platmech (formerly Platinum Air Conditioning) is a climate-tech company focused on providing high-efficiency, low-GWP heating solutions for Irish developers, consultants, and building owners. Its core offering centres on TCL’s Tri-Thermal R290 heat pumps, which use a natural refrigerant (GWP <3) to deliver improved energy efficiency, lower operating costs, and compliance with upcoming EU refrigerant regulations. Through an exclusive national partnership, Platmech leverages TCL’s vertically integrated manufacturing—covering everything from inverter PCBs to control software—to ensure quality, resilient supply chains, and rapid innovation. The company positions itself as a growth-oriented provider helping clients enhance EPC ratings and avoid future retrofit costs. A recent €2 million capital injection has enabled Platmech to bolster its leadership, adding chairman Gerry McDonagh, investor-director Kevin Stanley, and commercial director Eoin O’Donoghue alongside founder Donal Somers. These funds will support nationwide rollout of the TCL product line and further expansion activities. Financial performance metrics such as revenue or customer counts were not disclosed in the article.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025