
eVolution Networks
Analyses mobile traffic patterns and turns on/off base stations providing mobile operators with energy savings.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
$22.5m | - | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 8 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
eVolution Networks specializes in leveraging Artificial Intelligence (AI) and Deep Learning to optimize energy consumption in mobile networks and data centers. The company serves mobile network operators and data center managers who are looking to reduce their energy expenses, which are among the top three costs in the Information and Communication Technology (ICT) sector. eVolution Networks operates in the energy management market, providing a solution that dynamically adjusts energy usage based on real-time data and predictive analytics. Their business model is based on offering a software-as-a-service (SaaS) platform that clients subscribe to, enabling them to achieve significant energy savings and lower their electric bills. The company generates revenue through subscription fees and potentially performance-based savings sharing agreements. By putting redundant capacity to sleep and right-sizing energy consumption, eVolution Networks helps its clients save millions of kilowatt-hours each year, thereby increasing their profitability.
Keywords: AI, Deep Learning, energy optimization, mobile networks, data centers, energy savings, ICT, SaaS, predictive analytics, cost reduction.