# phelas: Renewables & environment, Munich, Germany

> phelas: phelas is a technology company based in Munich, Germany, founded in 2020. Based in Munich, Germany. Founded 2020.

Source: https://millionrounds.com/startup/phelas (Millionrounds; every figure on the page links to its filing or article)

Germany · [Renewables & environment startup](https://millionrounds.com/companies)

# phelas

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

Email

Funding reported Last round: Seed

Renewables & environment Munich, Germany

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 9 1 to 10 people
- **Funding reported:** 4.7M as listed, currency not stated
- **Last round:** Seed Mar 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for phelas has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **4.7M** in the source's currency

Rounds **3**

Last round **Seed**

Last round size **4.5M**

Last round date **Mar 2024**

Investors listed **6**

## Founders and team

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

- **Carolina Pinto Correia** Lead Catalyst Product Management
- **Leon Schwarzott** Director Catalyst Business Unit

## On 2 portfolio pages

Investors who name them

- [BNV Partners](https://millionrounds.com/fund/bnv-partners)
- [betacluster Ventures](https://millionrounds.com/fund/betacluster-ventures)

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 systems clean energy & technology financial forecasting for renewables manufacturing market scenario modeling energy consulting and software energy storage long-term revenue modeling energy market analysis information technology & services renewable energy software financial services finance energy management software as a service environmental services

Built with from their website

Google Tag Manager WordPress.org HREF Lang Apache Google Workspace Viewport Meta Lucide webpack 1Password Wrike

+8 more

Google Meet Priority Hints React Google Font API Google Forms Mobile Friendly Vercel Multilingual

- **Sector:** Renewables & environment
- **Industry code:** NAICS 33361, 333912, 513210, SIC 3621, 3564, 7372
- **Region:** Bavaria
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/phelas)

## Renewables & environment in Germany

Startups like it

- [**GALVANY** Berlin · founded 2021 *Raised*](https://millionrounds.com/company/galvany)
- [**1KOMMA5 Köln** Cologne](https://millionrounds.com/startup/1komma5-k-ln)
- [**HY2GEN** Wiesbaden · founded 2017](https://millionrounds.com/startup/hy2gen)
- [**ENVIRIA** Frankfurt · founded 2017](https://millionrounds.com/startup/enviria)
- [**Reverion** Eresing · founded 2022](https://millionrounds.com/startup/reverion-2)
- [**H2 MOBILITY** Berlin · founded 2015](https://millionrounds.com/startup/h2-mobility)
- [**empact GmbH** Cologne · founded 2021](https://millionrounds.com/startup/empact-gmbh)
- [**HPS Home Power Solutions AG** Berlin · founded 2014](https://millionrounds.com/startup/hps-home-power-solutions-ag)

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