The Orus Energy
Orus Energy, a French AI-powered energy flexibility platform, has secured €2.2 million in pre-seed funding to revolutionize the way commercial buildings consume electricity. Led by b2venture, Asterion Ventures, and Ring Capital, the investment will fuel the company’s growth and accelerate its mission to create a more sustainable energy future.
The Problem
In today’s rapidly evolving energy landscape, demand-side flexibility has become a crucial component of a resilient energy system. By optimizing the power usage of flexible equipment, such as heating, EV charging, and other systems, we can reduce reliance on polluting peak periods and integrate renewable energy sources more effectively. While industrial sectors have made significant strides in demand-side flexibility, commercial buildings, which account for a substantial portion of peak electricity consumption, still present a significant opportunity for improvement.
Orus Energy’s Solution
Orus Energy aims to unlock the untapped potential of electricity flexibility in commercial buildings. The company’s innovative platform leverages AI and machine learning to predict energy consumption and flexibility needs, enabling intelligent and dynamic control of electricity usage. By shifting power demand to times when electricity is cheapest and greenest, Orus Energy helps building owners reduce costs, reduce their carbon footprint, and contribute to a more sustainable energy grid.
Leadership Team
Orus Energy was founded in 2023 by a team of experienced entrepreneurs Alexandre Girard CEO & Co-Founder, Théophile Karila Co-Founder & CTO and Fanny Sauvée Co-Founder & CO. Under their leadership, Orus Energy is poised to make a significant impact on the energy industry.
Orus Energy’s innovative approach to energy flexibility has the potential to revolutionize the way commercial buildings operate. With the support of this recent funding round, the company is well-positioned to accelerate its growth and deliver tangible benefits to its customers and the environment. As the world transitions to a more sustainable energy future, company is at the forefront of the movement.
Funding Impact
The €2.2 million funding will be used to accelerate Orus Energy’s deployment and product development. The company plans to expand its team to meet growing customer demand and develop new features to enhance its platform’s capabilities. This investment will also support Orus Energy’s efforts to scale its operations and establish itself as a leader in the field of AI-driven energy flexibility.