About NETEnergy
NETEnergy is an Energy & Utilities company based in Chicago (United States) founded in 2015. Thermal energy storage solutions for buildings are provided by NETEnergy. NETEnergy offers products and services including Thermal Battery, Black Ice Technology, and Hybrid Air Conditioner. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Thermal. Its legal entity is NET ENERGY LLC. Its competitors include Calmac and Cryogel.
Company details
Provider of thermal energy storage solutions. It has created a thermal battery, that works much like an electrical battery, except it stores thermal energy. By utilizing NETenergys thermal battery to store cold energy, building owners can save 30 per cent or more on their energy usage and reduce carbon emissions by 50 per cent. It allows customers to save 50 per cent or more on their cooling costs by shifting consumption from on-peak to off-peak.
- Headquarters Chicago, United States
- SectorsEnergy & Utilities
- Website netenergytes.com
- Social LinkedIn
- Legal Name Net Energy Llc
- Latest Funding Round$100K (USD), Grant
Apr 2015
- Investors
Products & Services of NETEnergy
NETEnergy offers a comprehensive portfolio of products and services, including Thermal Battery, Black Ice Technology, and Hybrid Air Conditioner.
Stores thermal energy to lower cooling costs and emissions.
Enables efficient thermal energy storage for HVAC systems.
Combines air conditioning with energy storage for peak demand reduction.
Funding Insights of NETEnergy
- Total Rounds 1
- Last Round Grant — $100,000
- First Round $100,000
(Apr 2015)
- Investors Count 1
All 1 funding rounds of NETEnergy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $100,000 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in NETEnergy
NETEnergy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Evergreen Climate Innovations.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate tech startups are supported through funding and resources. | evergreeninno.org | Chicago, United States |
Investor details for NETEnergy
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People of NETEnergy
2 people are tracked at NETEnergy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Said Al-Hallaj | Founder and CEO | Leadership |
Monica Cook | COO | Leadership |
Complete people profiles for NETEnergy
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Timeline of NETEnergy
2 dated milestones of NETEnergy, from founding to its latest funding, stage changes and deals.
- Founded NETEnergy is founded.
- Funding First funding round of $100K.
Competitors of NETEnergy
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| calmac.com | 1947 | La Mirada, United States | 23 | Ice-based energy storage is provided for efficient HVAC operations. | ||
| cryogel.com | 1989 | San Diego, United States | Provides Ice Ball technology for thermal energy storage and cooling solutions. |
Detailed competitors of NETEnergy
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Top companies in Energy Storage Systems
3 companies that operate in the same segment as NETEnergy (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Related news about Netenergy
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Frequently Asked Questions about NETEnergy
NETEnergy was founded in 2015.
NETEnergy is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Provider of thermal energy storage solutions. It has created a thermal battery, that works much like an electrical battery, except it stores thermal energy. By utilizing NETenergys thermal battery to store cold energy, building owners can save 30 per cent or more on their energy usage and reduce carbon emissions by 50 per cent. It allows customers to save 50 per cent or more on their cooling costs by shifting consumption from on-peak to off-peak.
NETEnergy offers Thermal Battery, Black Ice Technology, and Hybrid Air Conditioner.
NETEnergy has 1 investor. Key investors include Evergreen Climate Innovations.
NETEnergy operates through Net Energy Llc.