Phelas

Phelas is a developer of a liquid air energy storage system
2020
19
Putzbrunn, Germany

Innovation

Industry Problem

Energy storage is a major requirement of renewables

R&D Focus

Liquid air energy storage system

Innovative Solution

Phelas is designed for utilities, grid operators, industry, renewable energy developers, and operators. The company’s system is flexible in sizing power storage capacity and physical location, causing no environmental and health risks from deployed materials

Solution Effectiveness

Phelas allows renewable generation to store energy when it generates excess energy

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$9.5M

Last Funding Amount

€4.1 m

Last Funding Date

06-Mar-24

Startup Stage

Early-Stage

Lead Investors

Axon Partners Group, BNV Partners, E44 Ventures, Hubraum, Third Derivative

People

Founders

CEO

Products

Product

Aurora

Demo Product or Complete Product?

Complete Product

Awards and Recognitions

Media Apperance

Green Dealflow, Silicon Canals