Company Overview
Snapshot
Founded in June 2023 by Adi Hachmon and Ori Herman, nGrid Energy operates with 1–10 employees. The company is currently in a Pre-Funding stage, focusing on developing its AI-driven virtual power plant technology.
Business overview
nGrid Energy provides a smart energy platform that manages industrial-scale battery storage systems at commercial sites. Its core technology utilizes an AI-driven algorithm to orchestrate a decentralized network of behind-the-meter storage units, shifting electricity consumption away from peak demand periods. This approach reduces energy costs for businesses and alleviates grid stress during high-demand intervals. By aggregating these distributed storage assets, nGrid Energy creates a virtual power plant that enhances grid stability and supports renewable energy integration, serving the Energy Tech sector.
Strategic signal
In April 2026, nGrid Energy was highlighted for developing a virtual power station that uses AI to optimize electricity storage and discharge. This innovation allows the company to buy and store electricity during off-peak hours when costs are low and release it during peak demand, generating significant revenue. This signals a strong market validation for their AI-driven grid optimization strategy and its potential to address energy cost volatility and grid stability challenges.
Log in to access full profile ›Company Intelligence Q&A
- What is nGrid Energy's primary technological focus?
- nGrid Energy focuses on AI-driven algorithms to manage and optimize distributed energy storage systems, creating virtual power plants from aggregated commercial battery units.
- When was nGrid Energy founded and by whom?
- nGrid Energy was founded in June 2023 by Adi Hachmon and Ori Herman.
- How does nGrid Energy's platform benefit businesses?
- The platform reduces energy costs for businesses by shifting electricity consumption away from peak demand periods and offers additional revenue streams through grid services, often with no upfront investment.
- What problem does nGrid Energy aim to solve for the energy grid?
- nGrid Energy aims to alleviate stress on the grid during high-demand intervals and enhance overall grid stability by aggregating distributed storage assets into a virtual power plant, supporting renewable energy integration.
- What recent recognition has nGrid Energy received?
- In April 2026, nGrid Energy was recognized for developing a virtual power station that leverages AI to buy and store electricity during off-peak hours and discharge it during peak hours, generating substantial revenue.