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Recently Funded|Amount: USD 65.0M|Industry: Solar Electric Power Generation

Emaldo Secures $65 Million in Funding to Revolutionize Energy Savings with Energenie® AI Technology

Emaldo

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51-200 employees employees (Est.)
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In a significant boost to its mission of transforming energy consumption and sustainability, Emaldo has successfully raised $65 million in its latest funding round. Emaldo is at the forefront of renewable energy innovation with its revolutionary product, the Emaldo Power Core, which redefines how households manage power storage. Central to the efficiency of the Power Core is the proprietary Energenie® AI engine, a cutting-edge technological advancement embedded within the system itself. This intelligent engine harnesses a plethora of data including real-time electricity pricing forecasts, local weather conditions, and even an analysis of the sun's availability, enabling it to optimize energy usage with remarkable precision. By learning the unique energy consumption patterns of each household, the Emaldo Power Core not only promises substantial savings on energy bills but also plays a pivotal role in reducing overall carbon footprints. The recent funding will be directed towards expanding product development, enhancing the capabilities of the Energenie® AI engine, and scaling production to meet the growing demand for sustainable energy solutions. With these funds, Emaldo aspires to empower households across the nation to take control of their energy consumption in a smarter, more sustainable way, affirming its commitment to creating a greener future for generations to come. As Emaldo positions itself as a leader in the renewable energy sector, investors and consumers alike eagerly anticipate the positive impacts this funding will enable.
September 20, 2024

Buying Signals & Intent

Our AI suggests Emaldo may be interested in solutions related to:

  • Energy Technologies
  • Sustainable Living Products
  • Home Automation Systems
  • Installation Services
  • Battery Solutions

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