Last updated 2026-06-18
- Raised $118k grant, Jan 2017
- Raised $57k grant, Jan 2015
Total raised
$175K
Last: Grant 2017-01
Stage
Pre-Funding
Founded
2015
Headcount
2
HQ
Tel Aviv-Yafo, Israel
Sector
Energy Tech
About
KorenEnergy aims to help end the global climate crisis by creating a cheap source of clean energy. The company uses a solar concentrator, which is cheaper than solar panels as it uses less-expensive solar cells. At the same time, the concentrator requires highly accurate sun tracking, demanding costly mechanics. By controlling the lighter cell units rather than the heavy structure, the company was able to precisely and efficiently align the sun's focus and the solar cells. This approach resulted in a construction simplification that led to a meaningful cost reduction.
Funding history · 2 rounds · $175K total
2017-01
Grant
$118K
2015-01
Grant
$57K
Q&A
- What is KorenEnergy's primary business?
- KorenEnergy develops 3D sunlight-tracking technology for solar concentrators, aiming to provide a cheaper source of clean energy by using less expensive solar cells and simplifying construction through precise alignment of lighter cell units.
- What is KorenEnergy's current operational status?
- KorenEnergy is currently inactive and ceased to operate in December 2022.
- When was KorenEnergy founded?
- KorenEnergy was founded in January 2015.
- How much funding has KorenEnergy raised in total?
- KorenEnergy has raised a total of $175,000 through grant funding.
- Who were the investors in KorenEnergy's funding rounds?
- KorenEnergy received grants from the Israel Innovation Authority and the Israeli Ministry of Energy.
- What was KorenEnergy's last funding round?
- KorenEnergy's last funding round was a Grant in January 2017, which raised $118,000.
- How many employees did KorenEnergy have?
- KorenEnergy had 1-10 employees.
- Who are the founders of KorenEnergy?
- The co-founders of KorenEnergy are Izhak Koren and Benjamin Koren.
Team · 2
Founder · Co-founder & General maneger
Founder · co-founder
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Production & SourcesClimate TechEnergy TransitionClean Energy Generation
Business model
B2BB2C
Highlights
1 PatentsVerified
Tags
climate-techenergy-efficiencysolar-energyphotovoltaicsrenewable-energyenergy
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 2015-1 |
|---|---|
| Employees (exact) | 2 |
| Status reason | Non Active, Dec 2022 ceased to operate |