Synvertec
Formerly SSG Synergy
Grid Stability Software
Startup A Energy Tech Est. 2014
Total Raised
$5.49M
A
Last Round
Undisclosed
5 rounds
Investors
4
4 public
Team
1
1-10 employees
Confidence
99/100
News
3
articles
Patents
1
About
Synvertec aims to enable 100% renewable energy generation worldwide by developing algorithm-based performance and grid-stability enhancement solutions for inverter-based applications, such as solar PV, battery storage, electric vehicles, and wind. The company’s flagship product, the Synchronverter, transforms renewable energy inverters into cutting-edge grid-stabilizing devices capable of meeting all renewable asset-owner and grid-stability needs in real time, where and when they are most needed, while creating significant economic value.
Classification
Sector
Climate TechEnergy TransitionClean Energy GenerationEnergy TechEnergy Production & SourcesEnergy Management & Grid Integration
Core Technology
Platforms & InterfacesSoftware
Target Customer
Energy, Utilities & Waste ManagementUtilitiesElectricityRenewable Energy SystemsSolarWind
Business Model
B2GB2B
Tags
panel-performanceclimate-techsolar-energyelectric-powerpower-gridsrenewable-energyenergy-efficiencysmart-gridenergytechoff-gridenergyalgorithmselectric-utilitiesphotovoltaicswind-powersmart-cityagricultureenergy-savingsaasenergy-storagesoftware-applications
Funding & Events
Sep 2014
Seed $1M
, Horizon GreenTech Ventures
Oct 2015
Non-equity $2.7M
EU Horizon 2020
Mar 2020
A Round $1.5M
OSEG (Lead), CLP
Jun 2017
Non-equity $285.71K
Dec 2021
Non-equity Undisclosed
BIRD Foundation
News (3)
Dec 16, 2021 · stnonline.com
growth-positive
Rhombus Energy Solutions/Synvertec Synchroverter Project Selected for Israel-U.S. BIRD Foundation Program
PartnersInvestment
Mar 31, 2020 · finance.yahoo.com
https://finance.yahoo.com/news/synvertec-raises-1-5m-china-145100458.html
Jan 20, 2020 · sciencebusiness.net
growth-positive
Israeli startup helps EU power up with renewable energy
PartnersInvestment
Details
Product Stage
R&D
Employees
1-10
Exact Count
1
District
Center District
Founded
2014
Registrar
514985662
Crunchbase
synvertec-ltd
Locations
Galgalei ha-Plada Street 6, Herzliya, Israel
Links
Website
LinkedIn
Admin
Last Update
Dec 18, 2024
Verified by
Fredrik Liljedahl
Claimed
Yes
Missing
markets
Team (1)
Matty Katz
CEO
Internal
Created by
Tal Cohen (c.tal86@gmail.com)
Created
2017-05-17T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)