etalytics (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- November 26, 2024
- Vertical
- Energy Management
- Funding URL
- View Funding Page
- Funding Amount:
- $8,000,000
Company Info
- Founding Year
- 2020
- Traction
- Customers have seen up to 50% reduction in power consumption for cooling, heating, and ventilation systems, leading to significant cost savings.
- Organizations Involved
- Equinix, Digital Realty, NTT Data, Volkswagen
- Company Description
- etalytics specializes in AI-driven technology designed to optimize energy consumption, reduce operational costs, and minimize environmental impact. Its flagship product, etaONE, provides real-time insights and predictive analytics to help industries make informed energy decisions.
- Market
- AI-driven energy solutions for various industries
- Location
- Hessen, Germany
- Coinvestors
- ebm-papst, TF H IV Technologiefonds Hessen GmbH & Co. KG