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Balun Energy logo — Harness the power of machine learning for a green energy fut...

Balun Energy

Harness the power of machine learning for a green energy future (Formerly Phileas)

Founded 2023 Austria Austria 6 employees Pre Seed Energy, Renewable Energy

General Information

Company Name Balun Energy
Founded Year 2023
Location Austria Austria +1
Employees 6
Industries Energy, Renewable Energy
Funding Stage Pre Seed
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About Balun Energy

Balun Energy is a renewable energy startup, formerly known as Phileas, dedicated to leveraging advanced Machine Learning technology to address the challenges posed by the unpredictable nature of weather in the renewables sector. Founded in 2023 and headquartered in Austria, the company focuses on providing asset-level forecasts for electricity production, assisting customers in managing their energy resources effectively. The recent Pre Seed Round investment on 16 January 2024 featured PUSH Ventures and Johann "Hansi" Hansmann among the investors, highlighting the growing interest in the potential of Balun Energy's innovative solutions. As the energy industry continues its transition towards sustainable practices, Balun Energy's expertise in production forecasting and optimization positions it as a promising player in driving this transformation.

Taxonomy: Power Generation, Forecasting, Green Energy, Electricity Management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• 2
Investor
•••• •••• 		16 Jan 2024

Balun Energy Alternatives & Competitors

Balun Energy vs
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FAQ About Balun Energy

Harness the power of machine learning for a green energy future (Formerly Phileas)
Balun Energy was founded in 2023.
Balun Energy is headquartered in Austria.
Balun Energy operates in the following industries: Energy, Renewable Energy.
Balun Energy has approximately 6 employees.
Balun Energy has completed 1 funding round. The latest funding stage is Pre Seed.
Top alternatives and competitors to Balun Energy include 4Liberty, Inc., Cloover, Recoy, ENFOR A/S, CarbonMeta Technologies, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Balun Energy and 4Liberty, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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