Fonto Power

Green Energy Generation Management System

Energy Tech
Acquired (Inactive) by SolarEdge Technologies on Sep 2023 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2021 by Nati Freiberg and David Eliyahu, Fonto Power operates with 1–10 employees. The company secured $200K in total capital across one funding round. A significant milestone for the company was its acquisition by SolarEdge Technologies in September 2023.

Business overview

Fonto Power develops an AI-powered green energy generation management system, primarily serving the Energy Tech sector. Its core technology integrates a high-efficiency solid-oxide fuel cell (SOFC) system with behind-the-meter rechargeable batteries and advanced software. This system optimizes the mix of SOFC energy generation, on-site energy storage, in-building consumption, and public electrical grid feed-in capacity, facilitating automatic demand-response functionality and peak shaving. The company's solution is designed for operational flexibility, supporting natural gas, blended natural gas and hydrogen, or pure hydrogen, and operates within the Energy Management & Grid Integration and Energy Consumption & Efficiency categories.

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Company Intelligence Q&A

What is Fonto Power's primary offering?
Fonto Power develops an AI-powered green energy generation management system that combines solid-oxide fuel cells with rechargeable batteries and advanced software to optimize energy generation, storage, and consumption.
When was Fonto Power founded?
Fonto Power was founded in January 2021.
Who are the founders of Fonto Power?
Fonto Power was founded by Nati Freiberg and David Eliyahu.
What was a significant corporate event for Fonto Power?
Fonto Power was acquired by SolarEdge Technologies in September 2023. The terms of the acquisition were undisclosed.
What is Fonto Power's total disclosed funding?
Fonto Power has raised a total of $200K across one funding round. This includes an undisclosed grant from the Israeli Ministry of Energy in December 2021.
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