ENERGY24
ELEMENTN / SCRIPTR
FOUNDED 2010
INDUSTRY Power Generation
& Utilities
EMPLOYEES 22
SELECTED 2015
FOUNDED 2003
INDUSTRY Software Technology
EMPLOYEES 50
SELECTED 2012
Antoine Saab
Rabih Nassar
47
Energy24 (E24) is a genuine
solution to the global problem of
lacking power, which cripples
productivity and inhibits
enterprise. The E24 energy
storage solution provides
continuous, stable electricity with
no power cuts, no pollution and
up to 60% cost savings.
Headquartered in Lebanon, the
company is growing fast with a
production facility in Bulgaria and
chain of distribution stores across
Lebanon. The first store was
inaugurated in the city of Sidon in
June 2016.
Element^n Holding includes three
subsidiary companies: Scriptr,
Apstrata and Element^n services.
In 2015, Scriptr, an Internet of
Things (IoT) enterprise integration
platform, was officially launched
in the US. In 2016, Scriptr
announced a $4M in Series A
funding led by Middle East
Venture Partners (MEVP),
Berytech Fund, and Insure &
Match Capital (IM). Scriptr
continues to provide thought
leadership in the industry while
closing partnerships with global
IoT and enterprise leaders such as
Informatica, Interdigital, IBM,
Xively, StreamTechnologies,
Cradlepoint and others.
IMPACT REPORT 2015 – 2016
