Legend Energy
A high-tech enterprise focusing on new energy power, lithium battery applications, energy storage technology Internet of Things, and artificial intelligence.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | N/A | Late VC | |
| Total Funding | 000k | ||
Legend Energy, officially established in 2015 as Lèjià Energy and rebranded in 2023, is a key player in the commercial and industrial smart energy sector. The company was founded by Pan Duozhao, a Shanghai Jiao Tong University alumnus who began his entrepreneurial journey in new energy while still a student. This early experience, which included designing and operating two zero-carbon buildings, provided a robust foundation for the firm's focus on battery data and energy management. Pan, alongside co-founder and CTO Chang Wei, has steered the company to specialize in providing integrated hardware and software solutions for energy storage.
The firm's core business revolves around AI-powered energy storage systems, targeting commercial and industrial clients to enhance their energy efficiency and facilitate a transition to zero-carbon operations. Legend Energy's business model is centered on offering a comprehensive suite of services, including the development and deployment of proprietary software and hardware, investment services, and the operational management of energy assets. Revenue is generated through these one-stop solutions that address the complex needs of modern energy users, such as industrial parks and data centers.
Legend Energy's product portfolio is built upon its advanced AI algorithms and includes the "Wukong" series of smart energy storage systems and the "Energy Insight OS," a proprietary operating system. A key differentiator is the company's development of an "energyGPT" framework, which utilizes large-scale data models to optimize energy storage and management. These systems are designed for peak shaving, frequency regulation, and to support the integration of renewable energy sources, ultimately providing clients with greater grid stability and economic benefits. The company has established a significant footprint, managing over 300 energy storage stations and 500 battery-swapping stations by 2023, and has expanded its operations into the European market.
Keywords: energy storage solutions, commercial energy management, industrial energy storage, AI in energy, battery management systems, Pan Duozhao, smart grid technology, renewable energy integration, energy asset management, zero-carbon solutions, virtual power plant, energy operating system, peak shaving, frequency regulation, behind-the-meter storage, cleantech, energy IoT, lithium battery algorithms, Energy Insight OS, Wukong energy storage