PHOEBUS Energy is a leading cleantech company in the field of water heating and cooling for large commercial facilities. The company has developed a patented energy-saving system that efficiently utilizes the temperature differential between incoming and outgoing water used in existing boilers and chillers – boosting overall operational performance while reducing energy expenses and carbon footprint. The company is located in Israel and employs a multidisciplinary team of experts in cleantech, applied chemistry, engineering, and product development. Its award-winning solution has been successfully deployed in over 100 facilities, including prominent hotel chains such as Sheraton, Crowne Plaza and Holiday Inn – resulting in tens of millions of dollars in annual savings. Phoebus energy was established in 2007, funded by Terra Venture Capital, Galilaea Group, and Chesapeake Advisory Group.