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Phelas

Phelas is a developer of a liquid air energy storage system
2020
Nov-50
11-50
Putzbrunn, Germany
  • Batteries
  • Renewable

Innovation

Industry Problem

Power grids need long-duration storage that can balance renewable generation without relying on scarce battery materials.

R&D Focus

Liquid-air energy storage, thermal management, modular storage plants, and grid integration.

Innovative Solution

A liquid-air storage system stores electricity through air liquefaction and recovers it during discharge.

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$9.5M

Last Funding Amount

$4.47 M

Last Funding Date

03-06-2024

Startup Stage

Early Stage

Lead Investors

Axon Partners Group, BNV Partners, E44 Ventures, Hubraum, Third Derivative

People

Founders

CEO

About

Phelas is a developer of a liquid air energy storage system

Products

Product

Phelas liquid-air long-duration energy-storage system.

Demo Product or Complete Product?

Pilot and megawatt-scale commercialization stage.

Future Plan

Investment Funding

Raised €4.1 million in seed financing in 2024.

M&A and Collabs

Collab

Wien Energie – feasibility and deployment assessment for long-duration storage.

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