# Photoncycle

**Source:** https://www.startuphub.ai/startups/photoncycle
**Profile type:** Startup

> Seasonal energy storage solutions.

## About

Photoncycle offers a year-round solar energy system that stores summer sunshine as solid-state hydrogen for use in winter, saving up to 50% on heating and electricity costs. Their system includes solar panels, a processing unit, and underground storage to provide on-demand heat and electricity, balance the grid, and enable energy trading. This solution serves homeowners seeking energy autonomy and predictable energy costs.

## Key facts

- **Slug:** photoncycle
- **Website:** https://photoncycle.com/
- **Location:** Grenoble, France
- **Founded:** 2020-01-01 00:00:00
- **Employees:** 24
- **Operating status:** Active
- **Total funding:** $15M
- **Sectors / tags:** Energy, Cleantech, Renewable Energy, Energy Storage
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/photoncycle/

## Frequently asked

### What does Photoncycle do?

Photoncycle offers a year-round solar energy system that stores summer sunshine as solid-state hydrogen for use in winter, saving up to 50% on heating and electricity costs. Their system includes solar panels, a processing unit, and underground storage to provide on-demand heat and electricity, balance the grid, and enable energy trading. This solution serves homeowners seeking energy autonomy and predictable energy costs.

### What is Photoncycle's revenue?

StartupHub estimates Photoncycle's annual revenue at $14.9M (range $8.1M to $42.5M, 71% confidence), based on comparable companies in the sector.

### What is Photoncycle's valuation?

StartupHub estimates Photoncycle's effective valuation at $1.1B (range $744.6M to $1.4B, 42% confidence), based on comparable companies in the sector.

### How much funding has Photoncycle raised?

Photoncycle has raised a total of $15M in funding. The most recent round on record is Unknown.

### Where is Photoncycle headquartered?

Photoncycle is headquartered in Grenoble, France.

### When was Photoncycle founded?

Photoncycle was founded in 2020.

### What industry does Photoncycle operate in?

Photoncycle operates in Energy, Cleantech, Renewable Energy, Energy Storage.

### How many employees does Photoncycle have?

Photoncycle has approximately 24 people on record.

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