Faradai Energy Technologies Corp.
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Faradai Energy Technologies Corp. - overview
Established
2017
Location
London, -, UK
Primary Industry
Software
About
Founded in 2017 by Sahin Caglayan, Burak Sefer, and Utku Simitli, and based in London, UK, Faradai Energy Technologies Corp. , formerly known as Reegen offers an Energy Intelligence Platform based on artificial intelligence (AI) and cloud-based PaaS data analytics solution for commercial buildings, industrial facilities, and renewable energy plants. In November 2022, Faradai Energy Technologies Corp. raised USD 2.
4 million in Pre-Series funding. The firm’s customers include IKEA, Marks & Spencer, Heineken, Shell, Zara, BNP Paribas, Gap, etc. As of November 2022, the company employs 80 team members in 5 country offices including offices in London, Singapore, Istanbul, Dubai, and Madrid. The company offers a platform to help digitize the entire energy and sustainable value chain for enterprise companies by collecting, storing, analyzing, and reporting their carbon emission and energy data.
The company uses machine learning algorithms and big data analytics to provide its customers with energy savings, operational efficiency, energy procurement optimization, predictive maintenance, solar energy, and sustainability management.
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software
Website
www.faradai.ai
Verticals
Artificial Intelligence, Big Data, Cloud Computing, IoT (Internet of Things)
Total Amount Raised
Subscriber access only
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