Endeco planning US and European expansion

Founded by Michael Phelan, the company has raised €6 million to date, including €3.3 million for the ESB last year

9th April, 2017
Michael Phelan

Endeco, the energy management tech company, is planning to break into the US and European markets towards the end of the year.

Founded by Michael Phelan, the company, which helps large industrial energy users reduce their power consumption, has raised €6 million to date, including €3.3 million for the ESB last year.

It will look to raise another €3 million to €4 million in the next six to 12 months to facilitate its international expansion,...

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