Tech Company Financing Transactions
Elyos Energy Funding Round
Elyos Energy, based in London, England, secured $3 million from Endgame Capital, Rebel Fund and Y Combinator.
Transaction Overview
Company Name
Announced On
10/13/2023
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Proceeds Purpose
Elyos is working on tech which helps commercial buildings -- hotels, hospitals, schools, etc -- use more of their energy outside of peak times, aiming to save businesses money and help the grid transition to renewable power.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
9 Appold Street, Shoreditch
London, England, Undisclosed
UK
London, England, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Overview
Elyos Energy - The platform for energy flexibility and demand response. We help businesses save money on their energy bills by avoiding peak electricity prices. We connect to smart thermostats, EVs, HVAC systems, solar, and batteries in large commercial properties to optimise consumption and automate participation in demand response energy markets. Our platform allows customers to manage real-time energy use across all their commercial sites, by leveraging APIs from a range of connected devices. We optimise these devices to reduce energy consumption and have an opt-in to National Grid demand response (DR) events where customers can earn money for energy reduction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adrian Johnston
Chief Technical Officer
Panos Stravopodis
Co-Founder
Philippa Brown
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