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Phinergy

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

Founded 2010 Israel Israel 50 employees Post Ipo Equity Total: $64.90M Energy, Sustainability +1

General Information

Company Name Phinergy
Founded Year 2010
Location Israel Israel +1
Employees 50
Industries Energy, Sustainability, Transportation
Funding Stage Post Ipo Equity
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About Phinergy

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 (4)

View All
Funding Stage Amount Investors Lead 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

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FAQ About Phinergy

Breakthrough energy generation and storage technology using metals as “fuel”
Phinergy was founded in 2010.
Phinergy is headquartered in Israel.
Phinergy operates in the following industries: Energy, Sustainability, Transportation.
Phinergy has approximately 50 employees.
Phinergy has completed 4 funding rounds, raising a total of $64.90M. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Phinergy include Advenst Energy Storage Systems, NantEnergy, Ore Energy, AlumaPower Corporation, Ice Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Phinergy and Advenst Energy Storage Systems 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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