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Dabbsson raises $75 million to fuel the ecosystem for decentralised home energy

Using artificial intelligence and electric vehicle-grade technologies, Dabbsson has secured $75 million to advance a decentralized home energy ecosystem. This funding will be directed towards developing more efficient, safer, and environmentally friendly home energy solutions for eco-conscious customers.

As winter approaches, an estimated 25% of the U.S. population faces potential blackouts and grid issues due to severe cold and inclement weather. Traditional centralized electricity grids, with their outdated infrastructures and reliance on fossil fuels, remain fragile, unreliable, costly, and wasteful.

Rising energy costs, increased pollution, and waste, along with limited access to basic services, have contributed to a decline in the quality of life for many consumers. As a result, there is a growing emphasis on renewable energy sources to reduce reliance on fossil fuels and combat climate change. This has made backup generators essential for many households. Consumers are willing to pay a premium for environmentally friendly or socially responsible options, but these options still face challenges in terms of accessibility, use, and convenience.

Dabbsson aims to revolutionize this space by making sustainable, decentralized energy accessible to more people. Their portable regenerative power stations, solar panels, and accessories are known for their high performance, safety, and adaptability. The company’s app-controlled, AI-enabled residential microgrid is designed to give customers control over their energy supply and increase their resilience to power outages.

“We are excited to lead a new era of household energy autonomy and resilience,” said Sam Lam, head of worldwide markets at Dabbsson. “Economic and social empowerment, fairness in education, and access to basic services are all driven by a community’s energy autonomy and resilience. It’s time to move away from outdated infrastructure and embrace decentralized electricity.”

Dabbsson’s team has been at the forefront of electric vehicle on-board charging system research and development for nearly a decade, with over 80 patents covering new energy storage integration, AI-based battery management, and bi-directional converter control. By adapting these technologies and manufacturing processes, Dabbsson aims to enhance the performance, efficiency, and safety of consumer micro-renewables.

Their patented multidimensional, semi-solid lithium iron phosphate (LiFePO4) batteries offer a 30% higher energy density than conventional batteries, along with superior safety, durability, and longevity. Additionally, the eight-layer AI Temperature & Energy Management System can extend battery life by a factor of seven.

In the first quarter of 2023, Dabbsson will launch its products in the U.S. market, including a home backup power station, a modular customization system, and portable solar panels. Following this, they plan to expand into the European market.

With this innovative approach, Dabbsson aims to provide consumers with reliable, sustainable energy solutions that not only enhance their quality of life but also contribute to a greener, more resilient future.