Press release
Greenphard Energy Announces Approximately USD 1.53 million in Funding at First Close of Series A Round
Energy-saving control and virtual power generation
Creating “New Clean Power” from
Air Conditioning and Refrigeration Systems.Air Conditioning and Refrigeration Systems.
Through state-of-the-art IoT technology, we implement precise power control for all air conditioning and refrigeration systems, whether existing or new. We generate new revenue through Demand Response (DR) while ensuring on-site operational stability. Greenphard creates an energy ecosystem that protects the planet and delivers new economic value to enterprises.
Collaborating Companies, Partners, and Investors
Power generation* with consuming equipment.
Updating the electricity ecosystem.
We provide solutions that combine power aggregation with optimized control technology for industrial refrigeration and cold storage equipment—which are typically difficult to control—as well as HVAC installations.
Through DR (Demand Response) integrated with advanced controls, we transform existing and new refrigeration and air conditioning equipment—regardless of manufacturer or model year—into “revenue-generating assets.”
Participating companies achieve energy savings, DX promotion, and new monetization through DR while maintaining stable site operations. The local power grid becomes a reliable “Virtual Power Plant (VPP)” that supports a stable supply to the wider community. Beyond balancing economic efficiency and sustainability, we lead the global decarbonized society by creating new value from existing assets.
*In this service, “generation” refers to “megawatts,” where the amount of electricity consumption reduced through DR (Demand Response) is treated as having equivalent value to generated electricity. It does not involve the physical installation of generators.
A supply hub for next-generation DR resources,
driving the national GX strategy.
In alignment with the IEA’s “Net Zero Emissions by 2050” and the Japanese government’s “Basic Policy for the Realization of GX,” the importance of DR (Demand Response) to balance electricity supply and demand is growing globally. In response to these national policies, Greenphard, as a pioneer in creating DR resources through proprietary IoT technology, aims to establish a connected ecosystem capable of supplying 200 MW of DR resources by 2030.
We are already contributing large-scale DR resources to the “Capacity Market,” which began operations in 2024. Moving forward, we will also enter the “Supply-Demand Balancing Market,” creating further revenue opportunities for our customers and contributing to the stability of our entire society’s power infrastructure.
Advanced control optimization for HVAC
and industrial-scale refrigeration systems.
Up to
20%
reduction in
power consumption.
Latest IoT control cuts power consumption of air conditioning and refrigeration equipment by up to 20%.
ROI in under
5years.
Investment is recovered in less than one year in the best cases. On average, recovery occurs within five years at most.
Compatible with existing equipment from various manufacturers.
Integrated control across major domestic and international manufacturers is possible. By retrofitting existing equipment, we monetize facilities at minimal cost.
Zeroinitial cost
Full Subscription Model
・Replace old units with new ones
・Bundle with IoT control system
・No upfront investment required
Case Studies:
Estimated Effects Upon Implementation.
Food Factory
(Total Floor Area: 3,500㎡)
Total Estimated Annual Benefit
〜340K USD
CO2 Reduction
CO2 emission reduction effect through energy-saving.
~720 Tons/Year
Equivalent to the amount of CO2 absorbed by ~51,430 cedar trees per year
Electricity Savings
Cost savings through DR and energy-saving effects.
~270K USD
Equivalent to the electricity costs of ~1,000 people
DR Revenue
Revenues created by the “generated” power.
~70K USD
Equivalent to the power consumed by ~1,000 people
Note: These figures are estimates based on our own proprietary calculations.
Office Building
(Medium Office building
with occupied floor area: 6,000㎡)
Total Estimated Annual Benefit
〜14.5K USD
CO2 Reduction
CO2 emission reduction effect through energy-saving.
~31.7 Tons/Year
Equivalent to the amount of CO2 absorbed by ~2264 cedar trees per year
Electricity Savings
Cost savings through DR and energy-saving effects.
~13K USD
Equivalent to the electricity costs of ~50 people
DR Revenue
Revenues created by the “generated” power.
~1.5K USD
Equivalent to the power consumed by ~20 people
Note: These figures are estimates based on our own proprietary calculations.
Warehouse
(Refrigerated Capacity: 10,000㎥)
Total Estimated Annual Benefit
〜24K USD
CO2 Reduction
CO2 emission reduction effect through energy-saving.
~40 Tons/Year
Equivalent to the amount of CO2 absorbed by ~2856 cedar trees per year
Electricity Savings
Cost savings through DR and energy-saving effects.
~17K USD
Equivalent to the electricity costs of ~66 people
DR Revenue
Revenues created by the “generated” power.
~7K USD
Equivalent to the power consumed by ~100 people
Note: These figures are estimates based on our own proprietary calculations.
Mechanism for “Generating Electricity”
from HVAC and Refrigeration Equipment
The “Electricity Consumer” Side
HVAC and Refrigeration equipment become “power generation” assets.
Creating value beyond just energy savings.
- Energy Saving
- Up to 20% reduction in power consumption.
- New Revenue
- “Generating” power through DR (Demand Response).
- Realizing DX
- Improving productivity through data visualization.
Note: “Generation” in this service refers to “megawatts,” where reduced power consumption through DR (Demand Response) is treated as having equivalent value to generated power. It does not involve the physical installation of generators.
The “Electricity Producer” Side
Making the demand a part of the power infrastructure.
Utilizing existing demand as a virtual power plant (VPP) to help stabilize the regional power grid.
- Advanced Demand Forecasting
- Shifting to a world where we comprehensively control the demand side rather than just forecasting it.
- Securing Balancing Capacity
- Creating the flexibility needed for power grid stability from the demand side.
- Added Value to Power Supply
- Adding new value to power supply by collaborating with PPA (Power Purchase Agreements) and market-linked plans.
Greenphard’s Strengths
Seamless Installation with Zero Downtime
Dedicated IoT Units for Existing HVAC & Refrigeration Systems
- Rapid Setup: Completed in as little as a few hours.
- Zero Disruption: No impact on operations or temperature controls.
- Instant ROI: Start saving and earning from day one.
Digitalization, Real-time Analytics, and Automated Control
Intelligent IoT Control Technology (Patent Pending)
- Targeted Optimization: Maximizes efficiency for outdoor and condensing units.
- Significant Savings: Achieves up to 20% energy reduction for HVAC and 10-20% for refrigeration.
- Enhanced Productivity: Data visualization tools drive overall performance improvements.
Full Equipment-as-a-Service (Subscription Model)
Subscription-based HVAC & Refrigeration Renewal
- Holistic Solution: Includes IoT systems, optimized control, and full equipment replacement.
- End-to-End Service: Covers everything from unit renewal to DR management.
- Zero Initial Investment: Zero upfront capital costs through a subscription model.
Our Products & Services
Optimized Performance and Monetization for Existing Systems
IoT Control & DR Subscription for HVAC & Refrigeration
Universal Compatibility
Our IoT systems seamlessly integrate with a wide variety of HVAC and refrigeration equipment, whether existing or newly installed.
Unit Renewal Options
Replace aging infrastructure with state-of-the-art units featuring built-in IoT as part of our subscription service.
End-to-End Management
A fully integrated service covering everything from installation and tuning to operation and monetization through energy markets.
Rapid Implementation
Intelligize your facilities and achieve clean energy generation and cost savings in as little as three months from initial consultation.
Next-Generation Hardware with Advanced Energy Management
HVAC & Refrigeration Units + IoT Control & DR Subscription
Eco-Friendly Transition
Full support for shifting to next-generation systems, including CO2-based refrigerant options.
Complete Unit Support
We provide end-to-end support for replacing your refrigeration, cold storage, and air conditioning units.
Zero Upfront Cost
Minimize financial burden with our subscription model, allowing for equipment renewal with zero initial investment.
Maximized Efficiency
Combine high-performance modern hardware with advanced IoT control to reach the highest levels of efficiency.
Leading Global Decarbonization with Technology from Japan
Global Expansion Initiatives
Greenphard’s vision extends far beyond the borders of Japan. We are a professional team of world-class engineers and experts with diverse backgrounds—including space technology, IoT, and energy—alongside multicultural members from across the globe. By consolidating this vast variety of expertise, we are spearheading a global energy revolution.
Our innovative technology and solutions have gained high international recognition, leading to selections for government-backed programs and prestigious initiatives run by the world’s largest accelerators in Silicon Valley. Our journey on the global stage is already underway.
Starting in 2024, we have accelerated our activities looking toward market expansion into North America, the EU, the Middle East, and Southeast Asia. Our strategy is flexible: in developed nations, we drive the dual-value proposition of “Energy Efficiency x New Revenue (DR),” while in developing regions, we provide optimized “Energy Saving” solutions tailored to local infrastructure. Committed to our mission of “stopping global warming,” we use Japanese clean-tech to transform “power-consuming equipment” around the world into “planet saving assets”.
Domestic and International Awards & Speaking History
Recognized Globally as a Next-Generation Energy-Tech Leader
Key Highlights
- Plug and Play Silicon Valley Summit: Selected for a speaking engagement in Silicon Valley.
- GO AUSTRIA Spring 24: Invited as a guest of the Austrian Government.
- Forbes “Rising Stars”: Selected as a noteworthy startup.
- Hongo AI: Recipient of the AI Startup Award.
