BeChained Artificial Intelligence Technologies SL

company

About

Energytech digital twin for businesses:avoid unproductive consumption, control dispatch of distributed resources,sell flexibility in markets

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$100K
Industries
Artificial Intelligence,Blockchain,CleanTech,Electric Vehicle,Energy,Energy Efficiency,Energy Management,Machine Learning,Power Grid,Software
Founded date
Oct 23, 2020
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
BeChained Artificial Intelligence Technologies S.L.
Also Known As
BeChained

We built a AI-powered software platform for business consumers and aggregators to efficiently manage their flexible distributed resources.
So, clients benefit from cutting costs and emissions, and improve their sustainable impact.
Our ultimate goal is to decarbonise the energy system, avoiding to use of fossil fuel power plants during unexpected peak moments.

BeChained acquires the right to manage resources to curtail unnecessary consumption at businesses installations. We build a large network of capacity from demand flexibility.

We take this flexibility and provide it in the electric market through aggregators. So that we help grid operators avoid to use polluting plants, while generating new revenue streams for our customers.

What differentiates us is our software platform: with blockchain, we dynamically certify businesses' carbon footprint and generate CO2 credits from sustainable innovation.
With AI, we manage production scheduling for bottom lines, so that we can reduce up to 35% the consumption and 20% the GHG emissions.
On top of that, our clients now have metrics to make business strategic decisions, based on actual consumption measurements.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$100K €132K
BeChained Artificial Intelligence Technologies SL has raised a total of $100K €132K in funding over 2 rounds. Their latest funding was raised on Nov 30, 2022 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 30, 2022 Pre-seed $100K 1 Detail
Jan 21, 2022 Debt Financing €74K Detail
Dec 15, 2021 Series Unknown €53K Detail
Nov 30, 2021 Grant €5K Detail

Investors

Number of Lead Investors
Number of Investors
1
BeChained Artificial Intelligence Technologies SL is funded by 1 investors. Vechain are the most recent investors.
Investor Name Lead Investor Funding Round
Vechain Pre-seed

Employee Profiles

Number of Employee Profiles
2
BeChained Artificial Intelligence Technologies SL has 2 current employee profiles, including Board member Stefano Melchior
Board member
Advisor