About
Phoebus Energy is developing advanced heat pumps that efficiently utilize the unused thermal energy both discharged from existing air-conditioning systems and found in atmospheric air to produce additional energy used for heating and cooling water.
The company's solution connects to a cloud-based control and monitoring system that collects energy usage data every 60 seconds. Intelligent algorithms then process the real-time and historical data in order to decide how to generate the required energy at the lowest possible cost.
The company's solution has been successfully deployed in more than 100 facilities worldwide, including in prominent hotel chains such as Sheraton, Crowne Plaza, and Holiday Inn.
Funding history · 2 rounds · $6.0M total
Company Intelligence Q&A
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- What is Phoebus Energy's primary focus?
- Phoebus Energy specializes in developing advanced heat pumps for hybrid water heating and cooling solutions in commercial sites, utilizing unused thermal energy from air-conditioning systems and atmospheric air.
- When was Phoebus Energy founded?
- Phoebus Energy was founded in August 2007.
- How many facilities worldwide have deployed Phoebus Energy's solution?
- Phoebus Energy's solution has been successfully deployed in over 100 facilities globally, including hotel chains like Sheraton, Crowne Plaza, and Holiday Inn.
- What is the total funding raised by Phoebus Energy?
- According to startupim data, Phoebus Energy has raised a total of $6,000,000 across multiple funding rounds. For a full financing history, please refer to startupim.
- When did Phoebus Energy complete its Series A funding round and who were the investors?
- Phoebus Energy completed its Series A funding round in January 2007, with investments from Chesapeake Advisory Group, Terra Venture Partners, and Galilaea Group.
- When was Phoebus Energy's last funding round and who were the investors?
- Phoebus Energy's last funding round was a Series B in January 2015, with investments from Terra Venture Partners and Terralab Ventures.
- What is the employee count for Phoebus Energy?
- Phoebus Energy currently has 15 employees.
- Where are Phoebus Energy's offices located?
- Phoebus Energy has offices in Tel Aviv-Yafo, Israel, and Athens, Greece.
- What is the environmental impact of Phoebus Energy's solution?
- Phoebus Energy's patented energy-saving solution can reduce greenhouse gas emissions in medium to large commercial facilities by up to 90% by utilizing waste energy, without requiring replacement of existing infrastructure.