
Fusebox
Providing Virtual Power Plant software to enable better integration of renewable energy
- Greentech, SaaS, SDG&Impact, Smart City
- Seed
Location
Tallinn, Estonia
Revenue size
EUR 1.3 million
Year founded
2014
Funding raised
2.5 million EUR (Crunchbase)
Founders
Tarvo Ong
Most relevant investors
Eneco Ventures and PKO BP (CB)
Team size
11-50
Problem
Traditional energy systems make it difficult for utility providers to comply with environmental issues, integrate renewables, reduce portfolio imbalance, and/or attract new customers.
SOLUTION
Fusebox offers fully automatic Virtual Power Plant (VPP)-as-a-service software with Energy Management System (EMS) capabilities to help power utilities make rapid decisions and influence the behavior of the assets to balance consumption and production from scattered resources and integrate intermittent renewables.
KEY CUSTOMERS AND INTERNATIONAL PRESENCE
Fusebox is active in nine markets, and has partnered with power utilities, PV and battery installers, inverter manufacturers, energy service providers.
Team
Fusebox has a team of talented individuals, passionate about a greener future and where less energy is wasted. Thanks to their long experience and in-house competence they are highly adaptable to the ever-changing situation of the energy market.
Unique selling point
Technology and experience in connecting to different kinds of assets that have very diversified behaviors. Pooling assets together into one harmonized predictably behaving and controllable portfolio that can be used for trading or other reasons. Fully automated technology with the lowest operational costs.
Asia Connection
Cooperation with manufacturers of heating, cooling, etc devices. Asian markets are in different development stages and Fusebox Energy technology can be used by local companies who are active in the field of energy. They can use Fusebox Energy technology to offer better value to their customers