Anode Labs

Anode Labs

A technology company committed to building a more stable, sustainable, and abundant energy system for humanity. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€15—23m (Dealroom.co estimates Nov 2022.)
Austin Texas (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2023
Revenues<1m
  • Edit
DateInvestorsAmountRound
*

$4.2m

Early VC
Total Funding€3.8m

Recent News about Anode Labs

Edit
More about Anode Labsinfo icon
Edit

Anode Labs is a forward-thinking technology company focused on revolutionizing the energy sector. The company aims to create a more stable, sustainable, and abundant energy system for humanity. Anode Labs operates primarily in the renewable energy market, targeting clients such as energy providers, utility companies, and large-scale energy consumers who are looking to optimize their energy usage and contribute to a greener planet.

One of Anode Labs' key projects is the React Network, which is positioned as the next-generation energy cooperative. This network leverages advanced technology to create a virtual power plant, which is essentially a network of decentralized energy resources that work together to provide reliable power. By using web3 infrastructure—a modern internet framework that allows for decentralized applications—Anode Labs aims to build the world's largest virtual power plant. This approach not only enhances energy stability but also promotes sustainability by integrating renewable energy sources.

Another significant initiative by Anode Labs is the Energy Flexibility Tariff Database. This is an open-source database that compiles national Demand Response (DR) incentives. Demand Response refers to programs that encourage consumers to reduce or shift their electricity usage during peak periods in response to time-based rates or other forms of financial incentives. By making this information readily available, Anode Labs helps energy providers and consumers make informed decisions that can lead to more efficient energy use and cost savings.

Anode Labs' business model revolves around providing technological solutions and data services that facilitate better energy management. The company generates revenue through subscriptions to its database, fees for participating in the React Network, and potentially through partnerships with utility companies and other stakeholders in the energy sector.

In summary, Anode Labs is at the forefront of integrating advanced technology with renewable energy solutions to create a more efficient and sustainable energy system.

Keywords: renewable energy, virtual power plant, web3 infrastructure, energy cooperative, sustainability, Demand Response, energy management, React Network, open-source database, energy optimization.