Novele develops the EnergyBoard, a wall-mounted lithium iron phosphate (LFP) battery system that integrates with a central management software to optimize energy distribution in real-time based on usage patterns. This technology addresses the need for reliable energy storage and management in commercial spaces, enhancing energy efficiency and reducing operational costs while contributing to lower carbon emissions.
Funding
$1.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BIGIFounders
Product
Problem
Commercial spaces require reliable and efficient energy storage solutions to manage energy consumption, reduce operational costs, and minimize carbon emissions. Traditional energy management systems often lack real-time optimization and adaptability to specific usage patterns.
Solution
Novele's EnergyBoard is a wall-mounted lithium iron phosphate (LFP) battery system designed for commercial interior spaces. The EnergyBoard integrates with a central management software that optimizes energy distribution in real-time based on specific energy needs and learns from energy usage patterns. This interconnected network of EnergyBoard units enhances energy efficiency, reduces costs, and promotes sustainability by adapting to the point of consumption. Novele's technology seamlessly integrates into urban settings, providing unmatched energy management and reliability.
Target Audience
The primary customers are commercial building owners, property managers, and businesses seeking to improve energy efficiency, reduce operational costs, and enhance sustainability.
Features
- Wall-mounted LFP battery system for space-saving design
- Central management software for real-time energy distribution optimization
- Adaptive learning based on energy usage patterns
- Integration with renewable energy sources
- Remote monitoring and control capabilities