November 19th 2015
Energy Intelligence: Generating Electricity From Vehicle Motion
Energy Intelligence is creating a powerful new source of clean energy at high-traffic facilities by leveraging an untapped resource: Cars! The company has patented and developed an innovative system that lies flat on roads at parking garages, border crossings, and truck stops, and harnesses the kinetic energy from braking vehicles to power equipment onsite and reduce the facility’s electricity expenses up to 50%. Energy Intelligence will own the rugged, durable, and modular systems, which can be easily installed without road excavation, and will sell the electricity generated behind the meter to site owners. Moreover, with wireless sensors and data collection, this smart technology modernizes our cities and improves sustainability.
Energy Intelligence expanded into Buffalo in late 2014 upon winning the 43North competition and has made tremendous progress since, including: Growing the team in Buffalo, receiving a third issued patent, partnering with the Buffalo Niagara Medical Campus, National Grid, and The Peace Bridge Authority, deploying it’s first complete field test, and most recently winning Steve Case’s Rise of the Rest and a $100k top prize.
Who is Energy Intelligence?
Daniel Shani, CEO and Founder
Energy Intelligence is led by an incredible team of experienced business minds, entrepreneurial spirits, and engineering PhDs. Daniel founded and went on to pursue Energy Intelligence full-time after graduating from the University of Chicago’s Booth School of Business. There he received the Vijay Vashee Promising Entrepreneur Award and was elected Co-chair of the Entrepreneurship and Venture Capital Group. Previously, Daniel worked on large technology and energy projects at Capgemini Consulting, after completing his BA in Economics at Brandeis University.
How Has Launch NY Assisted?
Launch NY has assisted Energy Intelligence, primarily through its EIR program, in further developing the business model canvas, improving the pitch deck, and identifying strategies to effectively scale the business.
Launch NY is proud to be working with some of the most promising start-up businesses in Upstate New York. Each week we will bring you an interesting story about people with whom Launch NY is working, and who are shaping the entrepreneurial landscape in Upstate New York.
Launch NY is a non-profit venture development organization with a mission to create jobs by providing guidance, mentoring and investments to help emerging companies succeed within the 27 counties of Upstate New York.