Episode 135 - with Adi Baron, Co-founder & CTO of Wevo Energy and Teddy Flatau, Co-founder & CEO of Wevo Energy

The Wevo Odyssey - A Startup's Evolution Leading to SolarEdge's Acquisition

 

Teddy, is the Co-founder and CEO of Wevo Energy, a seasoned entrepreneur with a background in Electrical Engineering. His journey began with a childhood fascination for dismantling gadgets, a hobby that foreshadowed his future in technology. After earning his master's degree, Teddy ventured into the startup world, where he made significant contributions to companies like Cyota, Radvision, and Panoramic Power. These ventures not only showcased his leadership skills but also culminated in lucrative acquisitions totaling over $450M. Amidst his professional triumphs, Teddy finds solace in his family life, cherishing moments with his spouse, two grown-up kids, and a lively household of pets.

 

Adi, the Co-founder and CTO of Wevo Energy, shares Teddy's entrepreneurial spirit. With a background in Computer Science, she embarked on a journey that led her through various tech roles before crossing paths with Teddy at Panoramic Power. Adi's passion for problem-solving and her knack for innovation set the stage for her pivotal role at Wevo Energy. Beyond her professional pursuits, Adi finds fulfillment in her family life, juggling the demands of parenthood alongside her dedicated husband and a menagerie of pets.

 

Their entrepreneurial journey is a testament to the highs and lows that define startup life. From the exhilarating highs of breakthrough moments to the gut-wrenching lows of navigating crises, Teddy and Adi have weathered it all. Their resilience and unwavering determination have propelled them through countless challenges, shaping them into the dynamic leaders they are today.

 

Reflecting on their individual paths to entrepreneurship, Teddy and Adi reminisce about pivotal moments that shaped their careers. Teddy's early forays into startups exposed him to the realities of building and scaling a business, while Adi's while Adi's service in MAMRAM instilled in her a sense of discipline and problem-solving acumen. These diverse experiences laid the foundation for their partnership at Wevo Energy, where they seamlessly complement each other's strengths and expertise.

 

Their decision to co-found Wevo Energy wasn't taken lightly. It was the culmination of years of introspection, fueled by a shared vision for innovation and impact. Supported by their respective spouses, Teddy and Adi embarked on this journey with a sense of purpose and determination, knowing that the road ahead would be fraught with challenges and uncertainties.

 

As they navigated the complexities of building a startup, Teddy and Adi leaned on each other for support and guidance. Their partnership, grounded in trust and mutual respect, became the bedrock of Wevo Energy's success. Together, they tackled obstacles head-on, celebrating victories and learning from setbacks along the way.

 

Fast forward two and a half years, Wevo Energy caught the attention of SolarEdge, after an investment, ultimately leading to an acquisition, which is a testament to their tenacity and vision. The synergy between Wevo Energy's expertise in renewable energy and SolarEdge's market reach promises to usher in a new era of innovation in the clean energy sector. With this milestone, Teddy, Adi & the remarkable Wevo Team, look forward to continuing their journey of dreaming big and pushing boundaries in pursuit of a more sustainable future.

 

Their collaboration with me as their executive coach, underscores the importance of an external perspective during challenging times, providing clarity and facilitating constructive dialogue.

 

Teddy shares insights from his experience living in Boston, highlighting the complexities of relocating while balancing personal and professional responsibilities.

 

In a rapidly evolving startup landscape, Teddy and Adi remain steadfast in their commitment to excellence. They believe that the key to success lies in embracing change, staying true to their values, and never losing sight of the impact they aspire to make. As they embark on the next chapter of their journey, Teddy,  Adi & the Wevo Team are poised to write the next chapter in the success story of Wevo Energy.