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Phelas
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Provider of liquid air energy storage systems

Founded in 2020
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Germany Munich, Germany
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Updated by Cleantech Group on 03/12/2024

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Date Partner Type
02/02/2023
Orsted Venture Orsted Venture
Selected to be in Orsted's Propel four month acceleration program with access to funding and pilot opportunities.
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Confirmed by Orsted Venture
Incubation/Acceleration
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IPO INFORMATION

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Date Investors Type Amount
03/06/2024 E44 Ventures E44 Ventures , Axon Partners Group Axon Partners Group , Deutsche Telekom (T-Venture) Deutsche Telekom (T-Venture) , Hubraum Hubraum (4)
Post-money valuation of
Funding will support development of Aurora technology using air liquefaction and thermal management
Seed $4,478,225
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