Last updated 2026-07-20
- Went public on TASE (PNRG), Feb 2021
- Raised $25M PIPE led by Indian Oil Corporation, Feb 2024
- Raised $54M Follow-on PO led by Leumi Partners, Feb 2021
Total raised
$154.2M
Last: Public Offering 2024-02
Stage
Public
Founded
2009
Headcount
65
HQ
Kfar Saba, Israel
Sector
Energy Tech
About
Phinergy is an Israeli cleantech company that originated in Bar Ilan University, Israel, and has been developing breakthrough clean energy systems based on its patented metal-air technology for more than a decade. The company's technology extracts energy from abundant metals like aluminum and zinc for various applications, including energy backup for critical sites, electric vehicles, and renewable energy storage solutions. Phinergy is publicly listed on the Tel-Aviv Stock Exchange (TASE:PNRG).
Funding history · 6 rounds · $154.2M total
2025-07
C Round
$3.7M
★ Aviv Tzidon
2024-02
PIPE
$25.0M
★ Indian Oil Corporation
2021-02
Follow-on PO
$54.0M
★ Leumi Partners★ Leader Underwriters★ Menora Mivtachim Underwriters & Management★ Public offering on the Tel Aviv Stock Exchange★ Public investors on the Tel Aviv Stock Exchange (TASE: PNRG)
2020-12
B Round
$9.0M
★ Doral Energy-Tech Ventures
2020-02
Secondary
$12.5M
★ Indian Oil Corporation
2016-01
A Round
$50.0M
★ AlcoaAltenIndian Oil Corporation
Headcount over time
From 45 (2021-02) to 49 (2025-12) · +4 (+9%) · 11 points · source: Finder history + radar grounding
Q&A
- What is Phinergy's core technology?
- Phinergy develops and commercializes metal-air battery systems, specifically aluminum-air and zinc-air variants, for clean energy generation and storage.
- When did Phinergy go public?
- Phinergy went public in February 2021 with an IPO on the TASE.
- Which companies are testing Phinergy's aluminum-air technology for data center backup power?
- In October 2025, Phinergy's aluminum-air technology will be tested as backup power for data centers by the Net Zero consortium, led by Google and Microsoft.
- What was a significant recent funding event for Phinergy?
- In February 2024, Phinergy completed a Public Offering, with Indian Oil Corporation participating.
- What is Phinergy's employee count?
- Phinergy has 51-200 employees.
- Has Phinergy partnered with any telecom infrastructure companies recently?
- In March 2024, Phinergy successfully completed a pilot with Vantage Towers.
- What is Phinergy's primary sector?
- Phinergy's primary sector is Energy Tech.
- Who is the CEO of Phinergy?
- Emmanuel Levy is the CEO of Phinergy.
Team · 12
Aviv Tzidon
Founder · Co-Founder & Chairman
Dekel Tzidon
Founder · Co-Founder & Chief Innovation Officer
David Mayer
CEO
Dor Ganor
Director Of Business Development
Naor Shimon
Product Director
Omri Feingold
Head Of Production
Avi Yadgar
Chief Technology Officer
Hazan Guy
Director Of Finance
Merav Siegel
Director
Sectors & technology
Primary sector
Energy Tech
Target customers
Highlights
Climate TechPatents
Tags
critical-infastructure5g-networksenergyenergy-storagebatteriesenergy-savingelectric-vehiclesclimate-techmarinedefenseautomotiveaerospacemanufacturing-facilitieselectro-chemical-batteriesenergytechsmart-mobilityrenewable-energytelecommunicationtransmission-and-distribution
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | phinergy.com/ |
|---|---|
| linkedin.com/company/70894702 |
Identifiers & details
| Legal name | Phinergy Ltd. |
|---|---|
| Founded | 2009 |
| Employees (exact) | 65 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| IPO | 2021-02 | TASE | PNRG |