Tensor Energy develops Tensor Cloud, a cloud SaaS platform that manages the finance and power operations of distributed renewable power plants and battery portfolios. The platform leverages AI and digital technologies to support planning through multi-decade (up to 30 years) operation and now includes an automated battery charge/discharge optimization service. The new service generates economically optimized charging/discharging schedules using market price and generation forecasts and per-plant AI models. Target customers include power producers and aggregators who can automate much of their operations without deep in-house expertise. The company plans to accelerate product and service development, deepen customer partnerships, and use hire-driven organizational strengthening to support growth.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2024