Company Overview
Snapshot
Founded in January 2017 by Nitzan Eliyahu, Exency operates with 11–50 employees. The company has raised $5 million across three funding rounds. In November 2022, Exency secured seed funding from Capital Nature.
Business overview
Exency develops a high-efficiency power generation platform that converts various fuel sources, including biomass and waste heat, into electricity. The company utilizes a proprietary thermodynamic engine that integrates multiple thermodynamic cycles to maximize energy output and reduce emissions. This technology enables industrial and commercial users to implement on-site microgeneration, reducing reliance on centralized power grids and mitigating volatile energy prices. Exency's modular system supports decarbonization efforts through efficient resource utilization and circular economy principles, offering a sustainable solution for localized energy needs in off-grid or resource-constrained environments.
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- What is Exency's core technology?
- Exency's core technology is a high-efficiency power generation platform that converts multiple fuel sources, including biomass and waste heat, into electricity using a proprietary thermodynamic engine.
- When was Exency founded?
- Exency was founded in January 2017.
- Who is the founder of Exency?
- Nitzan Eliyahu is the founder and CEO of Exency.
- What is Exency's primary focus in the energy sector?
- Exency focuses on enabling on-site microgeneration for industrial and commercial users, reducing reliance on centralized power grids and supporting decarbonization through efficient resource utilization.
- Has Exency received any grants?
- In January 2020, Exency secured a grant from the BIRD Foundation.