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 Series Unknown Total: $4.17M Energy, Renewable Energy

General Information

Company Name Synvertec
Founded Year 2014
Employees 5
Industries Energy, Renewable Energy
Funding Stage Series Unknown
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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.

Taxonomy: 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)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
31 Oct 2021
Venture Round •••••• 1
Investor
31 Mar 2020
Grant •••••• 1 •••• •••• 01 Sep 2016
Grant •••••• 1 •••• •••• 01 Jun 2015

Synvertec Alternatives & Competitors

Synvertec vs
Utilidata
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Synvertec vs
Ageto Energy
Ageto Energy United States

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Synvertec vs
Trident Energy
Trident Energy United Kingdom

Powering offshore renewables with innovative, cost-efficient technology for cleaner, sustainable ene...

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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 the following industries: Energy, Renewable Energy.
Synvertec has approximately 5 employees.
Synvertec has completed 4 funding rounds, raising a total of $4.17M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Synvertec include Utilidata, Ageto Energy, Trident Energy, Omnivoltaic Energy Solutions - OVES, JOS TECHNOLOGY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Synvertec and Utilidata 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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