Gio. Gen 9th, 2025 10:51:27 PM

.

enSights, a cloud-based clean energy optimization and management platform company, has raised $10 million in a Series A funding round. The round was co-led by venture capital firms JAL Ventures and XT VC, with the participation of the Menomadin Foundation.

The funding will support enSights in expanding its global presence, particularly in the US market, by establishing local headquarters and hiring a team of industry professionals. It will also help the company strengthen its ecosystem of SaaS solutions that simplify the business of energy management and optimization.

Founded in 2021 by experienced renewable energy entrepreneurs Alon Mashkovich (CEO) and Roy Fadida (CPO), along with CTO Dekel Yaacov, enSights aims to develop a 360-degree AI-based energy optimization and management platform that can scale business operations while maximizing the financial and energy performance of renewable assets.

Since its inception, enSights has become a market leader in the distributed generation segment and has expanded into the European market in 2022. With over 1.6 GWp of assets managed on its platform by hundreds of active users, enSights’ automation and intelligent workflows help optimize the daily operations of over 6,000 clean energy assets. This latest funding round, combined with previous investments of over $2 million, positions the company for sustained long-term growth.

The company’s success can be attributed to its ability to address a critical need in the market. With over 70% of PV assets not meeting their forecasted output and losing thousands of dollars every day, there is a clear demand for a sophisticated yet user-friendly energy optimization platform. enSights’ platform has received positive feedback from customers, who have highlighted its ability to transform operations, reduce costs, and improve efficiency.

The global market for clean energy is expected to grow to six TWs of installed capacity by 2030, making enSights’ upward trajectory even more promising. Its modular and scalable design, integration of AI and data-driven analytics, and commitment to innovation and customer satisfaction make it well-positioned to capitalize on this growth.

Overall, enSights’ latest funding round is a testament to its potential and the confidence investors have in its ability to disrupt the energy management and optimization market. With its expansion plans and innovative platform, enSights is poised to make a significant impact in the clean energy sector.