Locations
Oslo, Norway · Oslo, Norway
industry
Energy · Manufacturing · Sustainability
Size
11-50 employees
Stage
Seed
founded in
2020
Photoncycle is revolutionizing electricity generation, storage, and consumption through innovative, space-effective, autonomous energy systems powered by solar technology. The company addresses the limitations of current distributed PV systems, which often produce electricity when demand is low, leading to inefficiencies and increased costs. By developing new technology for safe and cost-effective seasonal storage of PV electricity, Photoncycle aims to enable sustainable energy solutions, particularly in regions with significant seasonal variations. Founded in 2020, the company has made significant strides, including the successful operation of a prototype and securing a €5 million seed round from leading Nordic venture capital firms, positioning itself as a key player in the renewable energy sector.
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