nGrid Energy

AI-Driven Distributed Energy Storage and Grid Optimization

Energy Tech
Active
Pre-Funding Ramat Gan Founded 2023
Total raised
Stage
Pre-Funding
Founded
2023
Headcount
8
HQ
Ramat Gan
Sector
Energy Tech

About

nGrid Energy operates a smart energy platform that manages industrial-scale battery storage systems installed at commercial sites. Utilizing an AI-driven algorithm, the platform orchestrates a decentralized network of behind-the-meter storage units to shift electricity consumption away from peak demand periods. This strategy reduces energy costs for businesses and alleviates stress on the grid during high-demand intervals. By aggregating these distributed storage assets into a virtual power plant, nGrid Energy enhances grid stability and supports the integration of renewable energy sources. The company offers flexible participation models, including options with no upfront investment, enabling businesses to benefit from energy savings and additional revenue streams through grid service.

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Management & Grid IntegrationClimate TechEnergy TransitionEco-Efficient Transmission and Distribution
Technologies
Artificial Intelligence
Target customers
Real Estate & ConstructionManagementCommercial
Business model
B2B

Tags

transmission-and-distributionenergytechclimate-techenergy-storage