NEWS
NEWS

Investment in Tensor Energy, a company providing a Business Platform for Renewable Energy Firms

INVESTMENT

Genesia Ventures has made a follow-on investment in Tensor Energy, a company developing a cloud platform that provides comprehensive management of finances and electricity for renewable energy power plants and batteries. The investment is a part of the pre-series A round and is made through Genesia Venture Fund No. 3 (GV-3).

About Tensor Energy

Tensor Energy aspires to create a world where sustainable energy is accessible to everyone and for future generations, whenever and wherever it is needed. Through user-friendly designs, cutting-edge technology, and partnerships, Tensor Energy supports renewable energy firms to efficiently co-manage a diverse portfolio of power plants and batteries throughout their entire lifecycle.

About Tensor Cloud

Tensor Cloud is a cloud platform designed to support the financial and power management aspects of running renewable energy power plants and batteries, from the planning stage through a 30-year operational period. By offering services using the latest AI and digital technologies as SaaS (Software as a Service), it transforms the business model of the renewable energy sector, and becomes an essential solution for building sustainable growth businesses.

Tensor Cloud has also recently introduced a service for optimizing battery charging and discharging.

In the age of widespread renewable energy use, batteries are essential to maximize renewable power usage while maintaining a stable electricity supply. This requires advanced knowledge, experience, and technology in areas like electricity market price forecasting, generation forecasting, and optimization calculations for battery charging and discharging schedules. Tensor Cloud offers these capabilities through AI models optimized for each individual power plant. Power generators and aggregators can start a business utilizing batteries without needing advanced knowledge, experience, or technology, and automate most of their operations.

Recruitment

As the demand for renewable energy grows and the adoption of batteries gains momentum, the company is actively seeking candidates for business development, customer success, and product manager positions. Additionally, with an eye on future global expansion, it is keen to welcome ambitious individuals ready to make an impact both locally and globally.

Recruitment website: https://tensorenergy.notion.site/Tensor-Energy-e2524beefb8d47b3bc0476064ac4a868?pvs=4

About the Investment

Koki Mizutani, Investment Manager at Genesia Ventures

I am pleased to have participated in our third round of investment since the company’s inception about two years ago. Since the beginning, the challenges faced by founders Ms. Hori and Mr. Filter have resonated with a diverse range of stakeholders, and I feel the circle of support for realizing their vision has been expanding. In the rapidly evolving and increasingly complex renewable energy industry, the projects led by Tensor Energy are increasingly important. Every time I communicate with Ms. Hori and Mr. Filter, I feel an indescribable sense of fulfillment. We will focus even more on creating a sustainable energy future!

Company Profile

Company name: Tensor Energy Inc.
WEB: https://www.tensorenergy.jp/en
Address: Daimyo 2-6-11, Chuo-ku, Fukuoka city
Legal Representative: Nana Hori, Vincent Filter

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