Kavaken
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Kavaken - overview
Established
2022
Location
Istanbul, -, Turkey
Primary Industry
Software
About
Founded in 2022 by Bora Tokyay, Can Ozmen, and Murat Yilmaz, and based in Istanbul, Turkey, Yeşil Panda Software and Consulting Inc. , trading under the name Kavaken, operates as an analytics platform that provides artificial intelligence solutions for renewable energy asset optimization. In June 2024, Kavaken raised USD 1. 1 million in seed funding from investors 2040VC, Founder One, Norrsken VC, Vestel Ventures, and Rockstart Enterprises.
Kavaken provides AI-powered solutions to optimize asset management for wind turbines. Their services include predictive maintenance, which uses vibration and SCADA data to prevent component failures and revenue loss. The Power Booster service ensures maximum turbine output by analyzing power curve shifts over time. Forecast+ improves day-ahead and intraday forecasts to reduce balancing costs and operational expenses.
The Outages service automates outage tracking, categorization, and reporting. The Revenue Cockpit focuses on critical revenue metrics, displaying comprehensive data for top and middle management. The company intends to use the June 2024 funding to expand in the European markets and advance its product development for renewable energy asset management solutions.
Current Investors
Rockstart Enterprises, 2040 Ventures, Norrsken VC
Primary Industry
Software
Sub Industries
Renewable Energy, Analytics & Performance Software
Website
www.kavaken.com
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
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