Fonto Power

Company Overview

Snapshot

Founded in January 2021 by Nati Freiberg and David Eliyahu, Fonto Power operates with 1–10 employees. The company raised $200,000 across one funding round. Fonto Power was acquired by SolarEdge Technologies in September 2023.

Business overview

Fonto Power develops an AI-powered green energy generation management system. Its core technology is based on a high-efficiency solid-oxide fuel cell (SOFC) system combined with behind-the-meter rechargeable batteries and advanced software. This system optimizes SOFC energy generation, on-site energy storage, in-building consumption, and public electrical grid feed-in capacity, communicating with the grid for automatic demand-response and peak shaving. The company's technology supports a transition to hydrogen, allowing the use of natural gas, blended natural gas and hydrogen, or pure hydrogen, serving the Energy Tech sector.

Company Intelligence Q&A

When was Fonto Power founded?

Fonto Power was founded in January 2021 by Nati Freiberg and David Eliyahu.

What is Fonto Power's primary focus?

Fonto Power focuses on developing an AI-powered green energy generation management system that integrates solid-oxide fuel cells, rechargeable batteries, and advanced software for optimal energy management.

What is the company's employee count?

Fonto Power operates with 1–10 employees.

What is Fonto Power's total disclosed funding?

Fonto Power has raised a total of $200,000 across one funding round. This includes an undisclosed grant from the Israeli Ministry of Energy in December 2021.

When was Fonto Power acquired and by whom?

Fonto Power was acquired by SolarEdge Technologies in September 2023.