Synvertec logo — Synvertec’s control algorithm software will create a paradig...

Synvertec

Synvertec’s control algorithm software will create a paradigm shift in how grids are managed and renewables are utilized

Founded 2014 5 employees Venture round Total: $4.17M Energy, Renewable Energy

General Information

Company Name Synvertec
Founded Year 2014
Employees 5
Industries Energy, Renewable Energy
Funding Stage Venture round
Social

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About Synvertec

Synvertec is a groundbreaking startup that is redefining the management of grids and the utilization of renewables. With its slogan "Synvertec’s control algorithm software will create a paradigm shift in how grids are managed and renewables are utilized," the company aims to introduce a disruptive software solution embedded in power electronic inverters. This innovation will empower the global transition of grids by replacing traditional thermal energy generation with inverter-based renewable energy sources.

Founded in 2014, Synvertec has developed patented and proprietary control algorithm software that can be embedded into almost any power electronic inverter. This transforms the inverter into a highly-intelligent autonomous device that mimics the operations of a traditional synchronous generator. The company's advanced synchronous generator mimicking and synthetic inertia capabilities solve the integration challenge of variable and distributed energy resources, while maximizing their advantages.

The recent $750.00KVenture Round investment at 31 October 2021 from South Israel Bridging Fund showcases investor confidence in Synvertec's innovative approach. The company's focus on complex mathematical models and a novel theory is expected to drive operational excellence, reduce R&D and infrastructure investments, ensure grid stability and robustness, and accelerate the penetration of renewables, electric battery storage, and electric vehicle technologies.

Synvertec's efforts hold potential to revolutionize the energy and renewable energy industries, making it a significant player in the emerging landscape of sustainable energy technologies.

Business keywords: Renewable Energy Integration, Grid Stability, Inverter Technology, Renewable Energy Sources, Distributed Energy Resources, Synchronverter®, Grid Stabilization, Innovative Technology, Patented Technology, Israeli Enterprise, Tel Aviv University, Horizon 2020, Horizon Green Tech Ventures, OCS, Israel Electric Company (IEC)

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $750.00K 1
South Israel Bridging Fund
31 Oct 2021
Venture Round $1.50M 1
CLP-OSEG
31 Mar 2020
Grant €1.87M 1
EASME - EU Executive Agency for SMEs
01 Sep 2016
Grant €50.00K 1
EASME - EU Executive Agency for SMEs
01 Jun 2015

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FAQ About Synvertec

Synvertec’s control algorithm software will create a paradigm shift in how grids are managed and renewables are utilized
Synvertec was founded in 2014.
Synvertec operates in Energy and Renewable Energy. Its work centres on Renewable Energy Integration, Grid Stability, Inverter Technology and Renewable Energy Sources.
Synvertec has approximately 5 employees.
Synvertec has completed 4 funding rounds, raising a total of $4.17M. The latest funding stage is Venture round.
Top alternatives and competitors to Synvertec include Shifted Energy, MGA Thermal, Lunar Energy, Bovlabs . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Synvertec and Shifted Energy 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.

Source: BounceWatch company record for Synvertec, https://bouncewatch.com/company/synvertec-ltd, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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