Total raised
$1.0M
Last: Pre-Seed 2024-02
Stage
Pre-Seed
Founded
2022
Headcount
9
HQ
Tel Aviv-Yafo
Sector
Business Software
About
Filo focuses on enhancing data compression to minimize storage and bandwidth requirements, thereby enabling faster download speeds. Their technology utilizes an information-level analysis-based algorithm for lossless compression, suitable for various sectors such as finance, operations, and IT, aiming to streamline data management and reduce environmental impact. The company provides a Core service for processing data files and an SDK for easy integration into existing operational workflows. This approach facilitates significant savings in storage and network resources, and contributes to reductions in energy consumption, cooling needs, and operational expenses.
Funding history · 1 round · $1.0M total
2024-02
Pre-Seed
$1.0M
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData ArchitectureEnergy TechEnergy Consumption & EfficiencyClimate TechLow Carbon DataSphere
Technologies
Platforms & InterfacesWeb
Target customers
Enterprise & Professional ServicesITData Centers
Business model
B2B
Highlights
Climate TechVerified
Tags
data-centersdata-center-efficiencyenergy-efficiencyclimate-tech