Company Overview
Snapshot
Founded in December 2006, PowerSines operated with 11–50 employees and raised $2.45M across one funding round. The company received a grant from EU Horizon 2020 in May 2016.
Business overview
PowerSines provided energy management and voltage optimization solutions, leveraging big data analytics to offer actionable insights for better energy management. Its Energy Hub management platform allowed users to visualize energy consumption, set thresholds, and measure savings. The company's technology integrated power control, analytics, machine-learning algorithms, sub-metering, and load control, all connected through an IoT cloud platform. PowerSines developed solutions like Universal Energy Control for commercial facilities, Lighting Energy Controllers, and Motor Efficiency Controllers, serving markets such as smart cities, hospitals, supermarkets, municipalities, and residential sites within the Energy Tech sector.
Company Intelligence Q&A
- What was PowerSines' primary business focus?
- PowerSines focused on providing energy management and voltage optimization solutions, utilizing big data analytics to deliver actionable insights for energy efficiency.
- When was PowerSines founded?
- PowerSines was founded in December 2006.
- What was the company's employee count?
- PowerSines operated with 11–50 employees.
- What was the total capital raised by PowerSines?
- PowerSines raised a total of $2.45M across one funding round.
- Did PowerSines receive any grants?
- In May 2016, PowerSines received a grant from EU Horizon 2020.