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NOX Energy

NOX Energy provides an AI-enabled platform that connects manufacturers of heat pumps and solar panels directly to electricity markets, enabling real-time, device-level optimization of energy consumption for grid stability. The platform creates new revenue streams for asset manufacturers through grid participation, with a beta version currently available for individual heat pump owners to connect and earn.

Traction 10/10
Antwerp, Belgium · HQ
Founded 2024153K+ followers
  • Energy
  • Clean Technology
  • Internet of Things
  • Artificial Intelligence
  • Software Only
Updated 1 month ago

Funding

Raised to date

$4.3MRaised 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.

across 2 rounds

ER+3

€3M · Seed

Announced Sep 2026 · from article date

Disclosed cumulative: $4.3M

2/2

Founders

3 founders

Axelle Moortgat

Co-Founder & CEO

Since Jun 2024 · 2 yrs 5 mos

Profile summary: KU Leuven MS CS

Louis Clermont

Co-Founder & COO

Since Jun 2024 · 2 yrs 5 mos

Profile summary: Colony Investment Management Private Equity Intern

Martin Michaux

Co-Founder & CTO

Profile summary: Amazon Business Intelligence Eng.

Product

Problem

Grid operators face challenges in maintaining grid stability due to the increasing variability of renewable energy sources. Manufacturers of energy-efficient assets often lack direct access to electricity markets, missing opportunities to optimize energy usage and generate revenue.

Solution

NOX Energy provides an AI-enabled platform that connects manufacturers of renewable energy assets, specifically heat pumps and solar panels, with electricity markets to enhance grid stability. The platform optimizes energy consumption in real-time at the device level, enabling manufacturers to respond to grid demands and unlock new revenue streams. By managing energy consumption, NOX Energy helps grid operators balance supply and demand, preventing blackouts and improving overall grid resilience. The platform creates a mutually beneficial ecosystem where manufacturers gain additional revenue, grid operators achieve stability, and end consumers benefit from reduced energy costs.

Target Audience

The primary target audience includes manufacturers of renewable energy assets, such as heat pumps and solar panels, and grid operators seeking to enhance grid stability and optimize energy distribution.

Features

  • AI-enabled software for real-time management of energy-efficient assets including heat pumps and solar panels
  • Direct connection to electricity markets for optimized energy usage and demand response
  • Device-level control for precise adjustments to energy consumption
  • Grid balancing capabilities to prevent blackouts and maintain stability
  • Passive income generation for manufacturers through grid participation
  • Beta version available for individual heat pump owners to connect and earn
This profile is AI-generated and may contain inaccuracies.