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LO3 Energy

lo3energy.com

Founded Year

2015

Stage

Series B | Alive

Total Raised

$17.72M

Last Raised

$11M | 2 yrs ago

About LO3 Energy

LO3 Energy helps utility and energy retail customers clients create, deploy and monetize energy products and customer services in electricity markets.

Headquarters Location

422 NW 13th Avenue #819

Portland, Oregon, 97209,

United States

347-927-6563

Missing: LO3 Energy's Product Demo & Case Studies

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ESPs containing LO3 Energy

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

Virtual power plants (VPPs) are networks of decentralized power-generating units, such as solar panels and wind turbines, that are connected and managed through a central software platform. VPPs can be used to balance the electricity grid by adjusting the output of each unit in response to changes in demand. They can also provide backup power during outages and help integrate renewable energy sour…

LO3 Energy named as Challenger among 15 other companies, including Sunverge Energy, Virtual Peaker, and Utilidata.

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Research containing LO3 Energy

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned LO3 Energy in 3 CB Insights research briefs, most recently on Mar 1, 2023.

Expert Collections containing LO3 Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

LO3 Energy is included in 2 Expert Collections, including Grid and Utility.

G

Grid and Utility

1,567 items

This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids.

E

Energy Management Software

610 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

LO3 Energy Patents

LO3 Energy has filed 17 patents.

The 3 most popular patent topics include:

  • Electric power distribution
  • Cryptography
  • Electrical engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/7/2020

10/18/2022

Cryptocurrencies, Blockchains, Payment systems, Smart grid, Alternative currencies

Grant

Application Date

5/7/2020

Grant Date

10/18/2022

Title

Related Topics

Cryptocurrencies, Blockchains, Payment systems, Smart grid, Alternative currencies

Status

Grant

Latest LO3 Energy News

Green Technology and Sustainability Market Worth $36.6 Billion By 2025 - Report by MarketsandMarkets™

Oct 3, 2022

Companies covered GE (US), Enablon (France), Salesforce (US), Microsoft (US), Schneider Electric (France), Engie Impact (US), Intelex (Canada), Enviance (US), Sensus (US), LO3 Energy (US), Isometrix (South Africa), Taranis (Israel), Trace Genomics (US), ConsenSys (US), CropX (Israel), Hortau (US), IOT Solutions and Consulting (Europe), Pycno (UK), MineSense Technologies (Canada), WINT (US), OIZOM (India), Treevia (Latin America), SMAP Energy (UK), and Accuvio (Ireland). The collective advancement of industrial and technology sectors in developing economies is rapid, leading to the creation of numerous environmental issues. Hence, green technology and sustainability measures are being promoted in parallel with these developments. Green technology encompasses a broad spectrum of production and consumption technologies for monitoring, assessment, pollution prevention, and control. The low-carbon technologies are rapidly evolving in terms of capabilities, costs, and impacts on environmental and natural resources. The benefits of these technologies may also vary among regions due to differences in the level of economic development, climate, and other impacting factors. The Green Technology and Sustainability Market has been segmented by component. The component segment comprises solution and services. The overall services segment has a major influence on the Green Technology and Sustainability Market. These services help lower operational costs, increase the overall revenue, and improve business productivity and performance. The solution segment is estimated to account for a larger market size during the forecast period. The Green Technology and Sustainability Market by technology has been segmented into IoT, AI and analytics, digital twin, cloud computing, security, and blockchain. Various startups are already using blockchain as a tool to make energy grids more accessible and sustainable by promoting data sharing in real time. Energy-intensive cryptocurrency mining has caused a spike in carbon emission, and hence blockchain is capable of driving innovation in the field of green technology. The cloud computing technology segment is expected to have the largest market size during the forecast period. This growth can be attributed to the benefits of the cloud to provide real-time remote access to data through sensors, satellite images, and weather. The Green Technology and Sustainability Market by applications has been segmented into carbon footprint management, green building, water purification, water leak detection, fire detection, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting, air and water pollution monitoring, and sustainable mining and exploration. The green building segment is projected to account for the largest market during the forecast period. Technologies, such as AI and analytics, IoT, predictive maintenance, and blockchain, find multiple use cases in this application and have the potential to change how buildings are designed, built, and managed. The crop monitoring segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing need to remotely monitor the health and condition of crops and enable farmers to implement timely interventions that ensure optimal yields at the end of the season. The Green Technology and Sustainability Market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America. North America is projected to account for the largest market size by 2020, majorly due to the broad base of green technology and sustainability vendors in the region. Vendors are focused on R&D and integration of advanced technologies to serve the challenge of climate change and the increasing levels of emissions, pollution, and waste. The APAC is expected to be a favorable market for investments and has the highest CAGR during the forecast period. This growth can be attributed to the focus of developing countries, such as China, India, and Singapore, on the integration of advanced technologies to enhance business processes. Key Market Players Key players in the Green Technology and Sustainability Market include GE (US), IBM (US), Enablon (France), Salesforce (US), Microsoft (US), Schneider Electric (France), Engie Impact (US), Intelex (Canada), Enviance (US), Sensus (US), LO3 Energy (US), Isometrix (South Africa), Taranis (Israel), Trace Genomics (US), ConsenSys (US), CropX (Israel), Hortau (US), IOT Solutions and Consulting (Europe), Pycno (UK), MineSense Technologies (Canada), WINT (US), OIZOM (India), Treevia (Latin America), SMAP Energy (UK), and Accuvio (Ireland). These companies are continuously innovating to enhance their green technology and sustainability capabilities for better efficiency and reliability, thereby paving the way for the global Green Technology and Sustainability Market to emerge as a mainstream technology. Related Reports: Asset Performance Management Market by Component (Solutions (Asset Strategy, Asset Reliability, and Predictive Asset Management) and Services), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2026 Environment, Health and Safety Market by Component (Software and Services (Project Deployment and Implementation, Audit, Assessment, and Regulatory Compliance)), Deployment Mode (Cloud, On-premises), Vertical, and Region - Global Forecast to 2026 Tags Contact Data About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: sales@marketsandmarkets.com

LO3 Energy Frequently Asked Questions (FAQ)

  • When was LO3 Energy founded?

    LO3 Energy was founded in 2015.

  • Where is LO3 Energy's headquarters?

    LO3 Energy's headquarters is located at 422 NW 13th Avenue #819, Portland.

  • What is LO3 Energy's latest funding round?

    LO3 Energy's latest funding round is Series B.

  • How much did LO3 Energy raise?

    LO3 Energy raised a total of $17.72M.

  • Who are the investors of LO3 Energy?

    Investors of LO3 Energy include Sumitomo Corporation, Shell Ventures, Braemar Energy Ventures, Centrica, Shikoku Electric Power Company and 5 more.

  • Who are LO3 Energy's competitors?

    Competitors of LO3 Energy include ThinkEco and 4 more.

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Vortex Hydro Energy is a company that received a STTR Phase I grant for a project entitled: Havesting Hydrokinetic Energy Using Vortex Induced Vibration and Fish Biomimetics. Their project will transition an innovative 1-5 kW energy generating system from the University of Michigan (UM) Marine Renewable Energy Laboratory (MRELab) towards the commercial market place. The system is based on a system of cylinders that are made to oscillate by water currents at velocities as low as 1-2 knots (water turbines require 5-7 knots). It is through this mechanism that the converter harvests the hydrokinetic energy. This project, if successful, will yield a new means of harvesting energy from low velocity currents. Additionally, this system is believed to have fewer impacts on aquatic wildlife than turbine based systems.

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