Phinergy

MetalAir Energy Generation and Storage Systems

Energy Tech
Active
Public Kefar Sava Founded 2009
Total raised
$144.0M
Last: PIPE 2024-02
Stage
Public
Founded
2009
Headcount
48
HQ
Kefar Sava
Sector
Energy Tech

About

Phinergy develops metalair technology, turning metals namely aluminum and zinc into a new way to store, transport, and generate clean and safe energy. Phinergy's aluminum-air technology releases the abundant energy contained in aluminum, resulting in a clean, safe, cost-efficient, and fully recyclable energy source. Phinergy's aluminum-air technology provides on-demand, clean energy for a variety of applications including energy backup for critical sites, on-demand distributed generation for microgrids, and range extenders for electric vehicles. Phinergy's zinc-air technology provides a high-capacity, low-cost, grid-scale energy storage solution for renewable sources such as wind and solar. Phinergy has notably partnered with Indian Oil Corporation, India's integrated energy major, for the deployment of its energy systems across India, with a focus on range extension for electric vehicles.

Funding history · 4 rounds · $144.0M total

2024-02
PIPE $12.5M
2021-01
Undisclosed $9.0M
2020-02
Undisclosed $12.5M
2016-01
Series A $50.0M

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionEco-Efficient Transmission and DistributionClean Energy GenerationEnergy TechEnergy Management & Grid IntegrationAutomotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Technologies
Communications5GMaterials & Substances
Target customers
Healthcare & Life SciencesHealthcareProvidersEnergy, Utilities & Waste ManagementRenewable Energy SystemsWindWaterSolarUtilitiesElectricityTransportation & LogisticsLogisticsMaritimeIndustrial ManufacturingDiscrete IndustriesAerospaceAutomotiveDefenseEnterprise & Professional ServicesITData CentersEnterprisesReal Estate & ConstructionCommunication Services
Business model
B2GB2B

Highlights

Climate Tech1 PatentsVerified

Tags

critical-infastructure5g-networksenergyenergy-storagebatteriesenergy-savingelectric-vehiclesclimate-techmarinedefenseautomotiveaerospacemanufacturing-facilitieselectro-chemical-batteriesenergytechsmart-mobilityrenewable-energytelecommunicationtransmission-and-distribution