startupmania

IBM’s SmartCamp’s initial elimination phase is set to end this week, and over the next couple of weeks I will publish the 10 Israeli start-ups who were found fitting to move on to the next stage in the international competition.

To remind you, the competition’s semi-final will be held in Israel, on June 24^th, where 5 start-ups will be selected at those who most fit with IBM’s SmartPlanet Vision. The five finalists will earn a string of meetings with 25 Israeli mentors, and one of those will represent Israel in the global SmartCamp competition in November. There, the start-up will compete for the world title against the winning start-ups from Boston, London, Stockholm, San Francisco, Dublin and more.

We’ve already announced Panoramic Power as one of the select companies, and now I am proud to present to you Tel-Aviv’s Gnrgy, which develops hardware and software products for central self-management of the home and business electric grid.

The company offers “smart” outlets which allow savings in existing product’s energy use, charging stations for electric vehicles as well as software solutions for managing conventional and alternative energy sources. All this works as an additive solution to Smart Grid – the future electric grid proposed by the energy and infrastructure companies.

According to Gnrgy personnel, the company already offers five products, and that’s after being founded only six months ago. Today, the company employs over ten employees, and is conducting first activity in Israel, the US, China and Mexico. It’s already declared sale of thousands of units. Likewise, Gnrgy has announced field tests at several big electric companies around the world, and several large-scale organizations.

Gnrgy’s energy management grid is “plug and play” and is composed of a wireless grid management unit and a collection of smart outlets who communicate wirelessly. The network allows parallel management of all the local energy sources by both an end user and the electric companu.

According to Gnrgy, the system allows full shut down of all energy consumers during the night, or ad-hoc, use of alternative energy sources during heavy-load times, charging electric vehicles in preferred times, adjusting energy consumption programs based on the consumers habits, routing energy from various sources, real time analytics and more.

Translated by Itai Rosenbaum