Phinergy

Breakthrough energy generation and storage technology using metals as “fuel”

General Information
Company Name
Phinergy
Founded Year
2010
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
50
Industries
Energy, Sustainability, Transportation
Funding Stage
Post Ipo Equity
Social Media

Phinergy - Company Profile

Phinergy is a trailblazing company in the energy and transportation industries, harnessing metal–air technology to revolutionize energy storage and generation. The company's aluminum-air technology unlocks the vast energy potential of aluminum, offering a clean, safe, and cost-efficient energy source that is fully recyclable. This innovative approach delivers on-demand, clean energy for critical sites, microgrids, and extends the range of electric vehicles. Additionally, Phinergy's zinc-air technology provides a high-capacity, low-cost energy storage solution for renewable sources like wind and solar. Founded in 2010 and headquartered in Israel, Phinergy has garnered significant attention and support through its strategic partnerships with leading companies worldwide. The company recently secured a notable $12.50M Post-IPO Equity investment on 14 February 2024, with Indian Oil Corporation stepping in as one of the key investors. This injection of funds is poised to fuel Phinergy's continued expansion and innovation efforts, further solidifying its position as a pioneer in sustainable energy solutions.

Taxonomy: energy generation, energy storage, metal-air technology, aluminum-air technology, zinc-air technology, clean energy, sustainable energy, grid-scale energy storage, electric vehicles, microgrids, energy backup, metal-based energy, innovative energy technology, strategic partnerships

Funding Rounds & Investors of Phinergy (4)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $12.50M 1 14 Feb 2024
Corporate Round $2.40M 1 22 Feb 2021
Corporate Round Unknown 1 04 Feb 2020
Venture Round $50.00M 1 Alcoa 07 Jan 2016

Latest News of Phinergy

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No recent news or press coverage available for Phinergy.

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