
Crocus (주식회사 크로커스) is an AI-based energy management company focused on optimizing energy consumption and minimizing waste. Their core mission is to help everyone optimize energy usage and fulfill ESG, RE100, and CF100 responsibilities towards the environment. They offer solutions like Acelo EV for EV charging infrastructure, Acelo Grid for intelligent energy grid systems with transformer control, and Acelo Management for AI-driven energy demand analysis and equipment failure prediction. Their business model appears to be a combination of hardware sales (EV chargers) and SaaS for their management and grid solutions. They aim to provide sustainable and efficient energy grids for homes, businesses, and industries.

Crocus (주식회사 크로커스) is an AI-based energy management company focused on optimizing energy consumption and minimizing waste. Their core mission is to help everyone optimize energy usage and fulfill ESG, RE100, and CF100 responsibilities towards the environment. They offer solutions like Acelo EV for EV charging infrastructure, Acelo Grid for intelligent energy grid systems with transformer control, and Acelo Management for AI-driven energy demand analysis and equipment failure prediction. Their business model appears to be a combination of hardware sales (EV chargers) and SaaS for their management and grid solutions. They aim to provide sustainable and efficient energy grids for homes, businesses, and industries.
Founded: 2016
Headquarters / locations: Seoul, South Korea; Redwood City, California, USA
Core products: Acelo Grid, Acelo EV, Acelo Management
Latest disclosed round: Series B — $5,000,000 (2023-03-23)
Employee count (reported): 7
Electricity supply/demand optimization, energy waste reduction, EV charging operations, and intelligent grid management for commercial/industrial customers.
2016
Energy management / Energy infrastructure
$5,000,000
“Series B investors include E&Investment, Pioneer Investments, S&S Investment, and Shinhan Asset Management; additional investors reported across rounds include Samsung Venture Investment, FuturePlay, Bass Investment, KDB Capital, Gridwiz, and KB Investment.”