Phinergy
MetalAir Energy Generation and Storage Systems
Company Overview
Snapshot
Founded in November 2009 by Aviv Tzidon and Dekel Tzidon, Phinergy operates with 11–50 employees. The company has raised $144 million across 5 funding rounds from 5 investors. In February 2021, Phinergy completed an Initial Public Offering on TASE.
Business overview
Phinergy develops metal-air technology, utilizing aluminum and zinc to create clean and safe energy generation and storage systems. Its aluminum-air technology provides a cost-efficient, fully recyclable energy source for applications such as energy backup for critical sites, distributed generation for microgrids, and range extenders for electric vehicles. The company's zinc-air technology offers high-capacity, low-cost grid-scale energy storage for renewable sources like wind and solar. Phinergy serves markets including electric vehicles, telecommunication, and critical infrastructure, operating within the Energy Tech, Climate Tech, and Automotive & Mobility Technologies sectors.
Strategic signal
In June 2026, Phinergy unveiled a zero-emission alternative to diesel backup generators specifically designed for data centers. This development signals a strategic expansion into the critical data center infrastructure market, offering a clean energy solution that addresses growing environmental concerns and regulatory pressures, positioning Phinergy as a key player in sustainable energy for high-demand IT environments.
Log in to access full profile ›Company Intelligence Q&A
- What was Phinergy's most recent funding activity?
- In February 2024, Indian Oil Corporation completed a follow-on investment in Phinergy, increasing its holding in the company to 17%.
- What significant partnership did Phinergy announce in October 2025?
- In October 2025, Phinergy teamed up with Google and Microsoft as part of the Net Zero consortium to test its aluminum-air technology as backup power for data centers.
- What was the outcome of Phinergy's pilot with Vantage Towers?
- In March 2024, Phinergy successfully completed a pilot program with Vantage Towers, demonstrating the efficacy of its energy solutions.
- What strategic collaboration did Phinergy establish with Indus Towers and Indian Oil Corporation?
- In September 2023, Indus Towers, Indian Oil Corporation, and Phinergy inked a pact for clean energy systems based on aluminum-air technology, focusing on deployment across India.
- What was a key event for Phinergy in February 2021?
- In February 2021, Phinergy completed an Initial Public Offering on the TASE, raising approximately NIS 200 million.