Mada Analytics
Dispatchable Capacity Systems with Long-duration Energy Storage
Company Overview
Snapshot
Founded in July 2017 by Daniel Gimpel and Eric Selmon, Mada Analytics operates with 1-10 employees. The company has raised a total of $1.05M across 4 funding rounds from 5 investors. In April 2023, Mada Analytics graduated from the MassChallenge Israel accelerator program.
Business overview
Mada Analytics specializes in innovative energy solutions, focusing on the integration of renewable energy storage and optimization of energy systems. The company develops technologies for liquid air energy storage (I-LAES) to enhance the efficiency of fossil fuel-fired power plants and LNG production facilities. Their "Green Capacity™" solutions aim to provide clean, dispatchable power with reduced carbon emissions. Mada also offers GASPOLYGEN technology for energy storage and LNG co-production, alongside advanced software for energy production prediction and storage management, serving the Energy Tech sector.
Strategic signal
In July 2022, Mada Analytics developed MEPS, an analytic simulation solution designed to optimize the planning and management of renewable energy projects. This software engine analyzes various input and output variables to understand their interconnections and potential impacts, providing a scalable and robust tool for balancing energy delivery from gas sources with minimal emissions and integrating wind and solar energy usage. This development signals Mada Analytics' commitment to leveraging AI and data analytics to enhance renewable energy project efficiency and financial optimization, positioning the company as a key player in intelligent energy management.
Log in to access full profile ›Company Intelligence Q&A
- What is Mada Analytics' core focus?
- Mada Analytics focuses on innovative energy solutions, specifically the integration of renewable energy storage and the optimization of energy systems. This includes developing technologies for liquid air energy storage (I-LAES) and providing "Green Capacity™" solutions for clean, dispatchable power.
- When was Mada Analytics founded and by whom?
- Mada Analytics was founded in July 2017 by Daniel Gimpel and Eric Selmon.
- What significant software solution did Mada Analytics develop in July 2022?
- In July 2022, Mada Analytics developed MEPS, an analytic simulation solution designed for the planning and management of renewable energy projects. This software optimizes energy delivery from gas sources with minimal emissions and integrates wind and solar energy usage.
- Which accelerator programs has Mada Analytics participated in?
- Mada Analytics graduated from the MassChallenge Israel accelerator program in April 2023 and the Energia Ventures accelerator program in August 2022. The company also participated in the KamaTech accelerator program, graduating in March 2020, and the Barclays Accelerator.
- What was a key strategic pivot for the company's founders?
- The founders of Mada Analytics, Yossi Fisher and Danny Gimpel, pivoted from Solaris Synergy, a solar power generation company, to establish Mada Analytics in November 2019. This pivot was driven by challenges posed by Chinese competition in the floating photovoltaic (FPV) market, leading them to focus on software for monitoring and managing energy flow.