Summary
Rewbi uses AI to optimize grid-connected battery storage, charging batteries when electricity is cheap and discharging when it's expensive. Founded by Thomas Marge, a repeat founder whose previous company inBalance was acquired by Stem, and Derek Modzelewski, Adept's first technical hire, they solve the challenge of human traders being unable to keep pace with electricity prices that change every 5 minutes by 300% or more. Their AI tracks hundreds of live inputs and makes faster decisions, more than doubling the revenue compared to the fixed monthly rental fee they pay for battery access.
