Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, November 19 2021 - 13:00
AsiaNet
Resync Technologies Secures US$2 million Series A from GGV Capital to Power an AI-Driven, Greener Energy Future
SINGAPORE, Nov. 19, 2021 /PRNewswire-AsiaNet/ --

Resync Technologies (https://resynctech.com/)(Resync), a provider of AI-driven 
intelligent energy management solutions for smart buildings and systems with 
multiple sustainable energy sources, today announced that it has raised US$2 
million in Series A funding from global venture firm GGV 
Capital(https://www.ggvc.com/). The company had previously received seed 
funding from SGInnovate, EntrepreneurFirst, and Prasetia Dwidharma.

The investment backs the company's plans to innovate and develop more advanced 
features for its energy cloud platform, while expanding to more markets across 
Asia Pacific and the Middle East. This comes as governments and enterprises 
globally are embracing cleaner and more efficient use of energy to reduce 
carbon emissions, meet sustainability goals and mitigate climate change. 
Additionally, Resync is strengthening its existing operations and aims to grow 
its team across business development, sales, engineering and R&D.

"Together with my co-founder Dr. Jayantika Soni, we started Resync with the 
vision to build a unique, intelligent energy cloud that will be at the 
forefront of the global energy transformation. We are extremely thankful for 
the support shown by our investors – particularly GGV Capital who funded our 
Series A round – and their confidence in our work. With adoption of energy 
efficiency technology growing exponentially, Resync is well-positioned to drive 
global digitalisation and enable a more efficient, intelligent and sustainable 
energy future for all," said Emir Nurov, Chief Executive Officer, Resync. 

Weihan Liew, Venture Partner, GGV Capital, said, "The efficient and sustainable 
use of energy is the key issue of our time; we believe technology and great 
software will play an integral role in finding the solution. Resync's AI-driven 
approach shows tremendous potential in helping commercial properties optimise 
across energy sources and get the most value from their spending." 

He added, "We are excited to back determined and experienced founders like Emir 
and Jayantika. GGV Capital will work with them to strengthen their foothold in 
Southeast Asia and beyond."

Built with a unique combination of AI and deep technical knowledge of energy 
systems, the cutting-edge technology from Resync delivers advanced analytics, 
optimised performance and energy savings for smart buildings and renewable 
energy assets.

Resync's solutions are currently used across more than 150 buildings and 300 
MWp of solar assets, with over 20 customers in seven Asia-Pacific markets.

For more information, visit www.resynctech.com.

SOURCE: Resync Technologies 

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