About
Fonto Power is the developer of a revolutionary AI-powered green energy generation management system. The system is based on a high-efficiency solid-oxide fuel cell (SOFC) system combined with behind-the-meter rechargeable batteries and advanced software and algorithms that determine the optimal mix of SOFC energy generation, on-site energy storage, in-building consumption, and public electrical grid feed-in capacity. Fonto Powers advanced software communicates with the public electrical grid and the buildings equipment for automatic demand-response functionality and peak shaving. The system paves the way for a smooth transition to hydrogen, with operational flexibility that allows the use of either natural gas, blended natural gas and hydrogen, or pure hydrogen.
Company Intelligence Q&A
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- What is Fonto Power's primary business focus?
- Fonto Power develops an AI-powered green energy generation management system, utilizing a high-efficiency solid-oxide fuel cell (SOFC) system with behind-the-meter rechargeable batteries and advanced software.
- When was Fonto Power founded?
- Fonto Power was founded in January 2021.
- What was Fonto Power's previous legal name?
- Fonto Power was formerly known as BATTERFUEL TECHNOLOGIES.
- What is the current status of Fonto Power?
- Fonto Power was acquired by SolarEdge Technologies in September 2023 and is currently inactive.
- Which company acquired Fonto Power?
- Fonto Power was acquired by SolarEdge Technologies in September 2023.
- Where is Fonto Power headquartered?
- Fonto Power is headquartered in Rehovot, Israel.
- How many employees did Fonto Power have?
- Fonto Power had 4 employees.
- What was the total amount of funding raised by Fonto Power?
- Fonto Power raised a total of $200,000.
- Did Fonto Power receive any grants?
- Yes, Fonto Power received a grant from the IIA in December 2021.