# Phoebus Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phoebus-energy

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.phoebus-energy.com
- Total disclosed funding: $2.1M
- Latest round: Series B (Jun 1, 2015)
- Investors on record: 3

## About

Phoebus Energy Ltd. provides innovative energy efficiency solutions tailored for medium to large commercial facilities, focusing on optimizing energy consumption in water heating and cooling systems.Founded in 2007 and headquartered in Tel Aviv-Yafo, Israel, Phoebus Energy specializes in enhancing energy efficiency in commercial settings. The firm has successfully completed three deals, with the most recent occurring on June 1, 2015, when they raised USD 1.00 mn from Galilea Fund during a funding round. The CEO, Eran Chayot, leads the company in its operations.Phoebus Energy specializes in advanced energy efficiency solutions for water heating and cooling systems in medium to large commercial facilities. Their flagship products, Hydra Balance and Hydra Air, leverage patented technology to optimize energy consumption by utilizing otherwise wasted energy, resulting in reductions in both energy costs and greenhouse gas emissions. These systems integrate seamlessly with existing infrastructure, providing immediate operational benefits without requiring extensive overhauls. Phoebus Energy serves a diverse clientele, including major hospitality brands and commercial enterprises across Europe and the Middle East, with notable clients such as Crowne Plaza, Sheraton, and Ramada.Phoebus Energy's revenue model is structured around direct business-to-business transactions, providing energy efficiency solutions through the sale and installation of proprietary systems. Clients engage Phoebus Energy for comprehensive services that include initial assessments, system installation, and ongoing support, ensuring optimal performance over time. Revenue from these transactions is enhanced by long-term client partnerships that result in substantial cost savings and improved sustainability metrics. Their innovative products, particularly Hydra Balance, enhance operational efficiency, encouraging businesses to invest in their services.Phoebus Energy plans to leverage recent funding to enhance its product offerings and expand into new geographic markets. New product designs are underway, with initiatives aimed at launching enhancements to their existing systems. The company is targeting expansion into additional regions in Europe and the Middle East to capitalize on emerging market opportunities. The funding raised on June 1, 2015, will be utilized to support these growth initiatives and further develop their energy efficiency solutions.

## Funding rounds

- Series B, Jun 1, 2015 — Terra Venture Partners
- Seed, Aug 1, 2007, $2.1M — Terra Venture Partners, Chesapeake Advisory Group, Galilaea Group

## Investors

- Terra Venture Partners (https://capitalatlas.ai/funds/terra-venture-partners) — Seed, Series B
- Chesapeake Advisory Group (https://capitalatlas.ai/funds/chesapeake-advisory-group) — Seed
- Galilaea Group — Seed