Germany · Renewables & environment startup

phelas

phelas is a technology company based in Munich, Germany, founded in 2020.

Funding reportedLast round: Seed

Renewables & environmentMunich, Germany

About phelas

phelas is a technology company based in Munich, Germany, founded in 2020.

The company focuses on advancing the energy storage sector to support the transition to 100% renewable energy. phelas develops modular and cost-effective electricity storage systems, addressing challenges like grid inflexibility and market complexity. The team consists of approximately 15 employees and is backed by notable investors, including BP Ventures. The company offers two main solutions: Aurora and Catalyst. Aurora is a Liquid Air Energy Storage (LAES) system designed for long-duration energy storage, allowing for the storage of renewable energy even when generation is low. It is modular, scalable, and cost-effective, making it suitable for utilities and industrial sectors. Catalyst is a SaaS platform that provides advanced analytics for energy storage optimization and planning, helping clients make informed decisions about energy use and project viability. phelas serves a diverse range of B2B clients, including utilities, renewable energy developers, and industrial facilities.

What company datasets say phelas raised

Funding, as reported

Reported in all4.7Min the source's currency
Rounds3
Last roundSeed
Last round size4.5M
Last round dateMar 2024
Investors listed6

Founders and team

From phelas's own website: 2 on the team.

  • Carolina Pinto CorreiaLead Catalyst Product Management
  • Leon SchwarzottDirector Catalyst Business Unit

On 2 portfolio pages

Investors who name them

Each firm lists phelas on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

thermodynamic storage systemsclean energy & technologyfinancial forecasting for renewablesmanufacturingmarket scenario modelingenergy consulting and softwareenergy storagelong-term revenue modelingenergy market analysisinformation technology & servicesrenewable energy softwarefinancial servicesfinanceenergy managementsoftware as a serviceenvironmental services

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Sector
Renewables & environment
Industry code
NAICS 33361, 333912, 513210, SIC 3621, 3564, 7372
Region
Bavaria
Full record
Every detail in the company directory

Renewables & environment in Germany

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