Emulate Energy
Battery equivalent resource to decrease dependence on physical batteries.
Company Details
- Location
- Lund, Sweden
- Website
- https://www.emulate.energy/
- shwan@emulate.energy
- Founded
- 2020
- Employees
- 4-10
- Funding
- USD $1M-$5M
Learn more
About Emulate Energy
The problem we're solving:
Consumers are looking for a battery equivalent resource to decrease dependence on physical batteries, Emulate has the answer.Our solution:
Electricity users deposit their HVAC and electric vehicle flexibility into the flexibility bank which is used to create virtual batteries. Turning demand flexibility into a battery equivalent resource to decrease our dependence on physical batteries to complete the energy transition
Our differentiator:
As an electricity retailer, differentiate your customer offering and create your own merchant battery to monetize in your existing trading platform.Our biggest achievement:
-- Live with 3 customers, up to 20 in backlog
-- 6 energy companies as investors
-- Proven that groundbreaking technology developed during MIT post doc can be deployed on the field.
Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.