About Phinergy
Phinergy is a company based in Lod (Israel) founded in 2008. Phinergy has raised $50 million across 3 funding rounds from investors including Alcoa and Indian Oil. Phinergy offers products and services including Energy Backup System, Electric Vehicle Batteries, and Energy Storage System. Phinergy operates in a competitive market with competitors including A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others.
- Headquarter Lod, Israel
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website phinergy.com
- Social LinkedIn
- Legal Name Phinergy Ltd
- Annual Revenue$111.01 K (USD)-92.69as on Dec 31, 2025
- Net Profit-$17.02 M (USD)9.35as on Dec 31, 2025
- EBITDA-$12.1 M (USD)23.45as on Dec 31, 2025
- Total Equity Funding$50M (USD)
in 3 rounds
- Latest Funding Round$12.5M (USD), Post-IPO
Feb 2024
- InvestorsAlcoa
& 1 more
Products & Services of Phinergy
Phinergy offers a comprehensive portfolio of products and services, including Energy Backup System, Electric Vehicle Batteries, and Energy Storage System.
Delivers clean, on-demand energy backup using metal-air technology.
Provides batteries for extended driving range without charging needs.
Offers high-capacity storage using metal-air for flexible energy needs.
Funding Insights of Phinergy
Phinergy has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $12.5 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50M
- Total Rounds 3
- Last Round Post-IPO — $12.5M
- First Round $50M
(Jan 2016)
- Investors Count 2
All 3 funding rounds of Phinergy 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 |
|---|---|---|---|---|---|
| Feb 2024 | $12.5M | Post-IPO | – | – | |
| Feb 2020 | – | Series B | – | Indian Oil | – |
| Jan 2016 | $50M | Series A | – | Alcoa | – |
2 investors in total: 2 institutional.
Investors in Phinergy
Phinergy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Alcoa and Indian Oil.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Oil and gas refining, distribution, and marketing services are provided. | 1959 | iocl.com | Delhi, India | |
Bauxite, alumina, aluminum, and rolled products are manufactured globally. | 1888 | alcoa.com | Pittsburgh, United States |
Investor details for Phinergy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Phinergy
14 people are tracked at Phinergy (9 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Naor Shimon | Product Director | Leadership |
Liza Ohayon | CFO | Leadership |
Judith Yavniely | VP Business Development | Leadership |
Avi Yadgar | Chief Technology Officer | Leadership |
Sharon Danai | VP Human Resources | Leadership |
Hagay Arbel | VP Operations | Leadership |
Roie Davidovich | Director Of Business Development | Leadership |
Elad Shina | VP Programs | Leadership |
Dor Ganor | Director Of Business Development | Leadership |
Omri Feingold | Production Line Manager | Team |
Yaron Zvi | Back End Developer | Team |
Daniel Sebaoun | System Engineer | Team |
Tovit Dobrin | Zinc Project Manager | Team |
Tal Kelmachter | Mechanical Engineer | Team |
Complete people profiles for Phinergy
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IPO & Listings of Phinergy
Phinergy is a publicly listed company on the TASE with ticker symbol PNRG in Israel, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Aug 2021
- Listed onOTCMKTS: PHNGF
- Listed entityPhinergy Ltd
- Exchange sectorProducer manufacturing
- ISINIL0011723603
- Share price271.40 ILA (+4.71% on the day) · 2026-10-12
- Market capitalisation354,572,953.00 ILA
- Volume (last session)65,160
Financials of Phinergy
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 354,000 ILS | -54.3M ILS | -38.6M ILS |
| 2024 | 4.8M ILS | -59.9M ILS | -50.4M ILS |
| 2023 | 3.2M ILS | -33.3M ILS | -45.7M ILS |
| 2022 | 2.8M ILS | -47.7M ILS | -41.1M ILS |
| 2021 | 3.1M ILS | -52.5M ILS | -35.5M ILS |
Detailed financial statements for Phinergy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Phinergy
4 dated milestones of Phinergy across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Phinergy is founded.
- Funding First funding round of $50.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $12.5M.
Competitors of Phinergy
Phinergy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as A123 Systems, QuantumScape, StoreDot, Lohum and Verkor, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| quantumscape.com | 2010 | San Jose, United States | $100M | 850 | Solid-state lithium-metal batteries are manufactured with anode-less cell design. | |
| store-dot.com | 2012 | Herzliya, Israel | $226M | – | Fast-charging lithium batteries for electric vehicles are developed and manufactured. | |
| lohum.com | 2018 | Noida, India | $115.92M | 286 | Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining | |
| verkor.com | 2020 | Grenoble, France | $1.34B | 143 | Lithium-ion batteries are manufactured for electric vehicles and storage. | |
| catl.com | 2011 | Ningde, China | – | – | Comprehensive solutions for electric vehicles and energy storage are provided. | |
| cygni.com | 2014 | Hyderabad, India | $28.53M | 76 | Lithium-ion battery packs for electric vehicles and storage are manufactured. |
Detailed competitors of Phinergy
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Web traffic of Phinergy
The website of Phinergy (phinergy.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 65.6% vs previous month
Websites whose visitors overlap most with Phinergy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
greencarcongress.com | greencarcongress.com | 100% | – | – | – |
teslamotors.com | teslamotors.com | 98% | – | #99,754 | – |
| insideevs.com | 41% | 3.3M | #28,001 | View details | |
hybridcars.com | hybridcars.com | 40% | – | – | – |
| greencarreports.com | 40% | – | #353,420 | View details |
Latest news on Phinergy
Complete news archive for Phinergy
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Phinergy
10 companies that operate in the same segment as Phinergy (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Phinergy
Phinergy was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Phinergy is headquartered in Lod, Israel. It is registered at Lod, Central District, Israel.
Phinergy is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a Series A of $50M, raised on Jan 2016.
Annual revenue of Phinergy is $111.01K as on Dec 31, 2025.
Phinergy was founded in 2008 and is based in Lod, Israel. Aluminum-air and zinc-air battery systems are developed by the company for use in electric vehicles. Integration of an aluminum-air battery into an electric vehicle has been achieved, reportedly extending the driving range beyond three times that of conventional electric vehicles. Operations center on advancing metal-air battery technology within the energy storage sector.
Phinergy's top competitors include Lohum, StoreDot and Contemporary Amperex Technology.
Phinergy offers Energy Backup System, Electric Vehicle Batteries, and Energy Storage System.
Yes, Phinergy is publicly traded on TASE under the ticker symbol PNRG.
Phinergy has 2 investors. Key investors include Alcoa, and Indian Oil.