Techstars Alabama Power EnergyTech Accelerator

Techstars Alabama Power EnergyTech Accelerator focuses on innovation in energy technology and utility solution. The program builds technologies and business models to enhance the future of energy. The focus areas will include smart cities, the “internet of things,” industrial electrification, connectivity, and electric transportation.

Nate Schmidt

Founder / Managing Director

31 past transactions

Mayahueltec

Non Equity Assistance in 2024
Mayahueltec is a technology-driven company that transforms waste agave fibers and starch derivatives, left over from mezcal production, into 100% biodegradable cutlery and straws. These products, with a lifespan of about a year in heavy use, provide a sustainable alternative to conventional plastic, helping to reduce environmental pollution, particularly in Oaxaca's aquifers.

Eqtrade

Non Equity Assistance in 2024
Eqtrade is a technology company that empowers farmers to diversify their income and adopt sustainable practices. It offers an agritech platform enabling farmers to export products and sell them internationally, while also providing financial support and resources to help grow their businesses. By doing so, Eqtrade helps reduce price volatility for buyers by up to 5%.

Reverse Energy Solutions

Non Equity Assistance in 2024
Reverse Energy Solutions (RES) is a pioneering startup founded by Daniel Tu, specializing in recycling photovoltaic (PV) modules, also known as solar panels. RES focuses on mitigating environmental impact by recovering valuable materials from end-of-life solar panels. Their innovative mobile dismantling factory reduces logistic costs by up to 90% compared to traditional recycling methods, promoting a more sustainable and efficient recycling process. RES aims to lead the PV module recycling sector, contributing to a circular economy and reducing waste in the solar energy industry.

Edenic Energy

Non Equity Assistance in 2024
Edenic Energy develops AI-driven software to enhance energy efficiency in underserved communities. Its platform integrates historical and current building data with predictive analytics, empowering property owners and managers to make informed decisions for improvements and upgrades, thereby reducing operational costs.

TMA. The Hazardous Goods Companion

Non Equity Assistance in 2024
TMA is the hazardous good companion, helping gas and chemical companies build more resilient and sustainable supply chain. By combining Atex-compliant IOT with machine learning, we help improve the circulation, distribution and rotation of hazardous inventory.

Cognitensor

Non Equity Assistance in 2024
Cognitensor is a trailblazer in guiding enterprises through their data journey, from automation and analytics to artificial intelligence. Its platform integrates automation, analytics, and AI for accelerated development and deployment, bridging the gap between development and production teams.

REN3for

Non Equity Assistance in 2024
REN3for is a technology company specializing in renewable energy optimization. It employs advanced technology to lower the cost and enhance the efficiency of renewable energy systems, thereby accelerating the transition to sustainable energy sources. The company offers insights and recommendations to optimize system performance, reduce operational costs, and maximize energy production, making renewable energy adoption more affordable and sustainable for businesses and organizations.

Plug Zen

Non Equity Assistance in 2024
Plug Zen designs, manufactures, and distributes electric vehicle charging accessories and systems intended to lower the cost of EV infrastructure for utilities, employers, fleet operators, property owners, and automakers, thereby expanding charging options for EV owners. Its technology aims to reduce total ownership costs and enable charging at home, at work, and in public spaces, supporting broader EV adoption and efforts to reduce greenhouse gas emissions.

Nimbus Aerospace

Non Equity Assistance in 2024
Nimbus Aerospace, headquartered in Seattle, Washington, specializes in the development of zero-emission electric private aircraft. Their flagship model, the N1000, is designed to carry 6-8 passengers, with a range of up to 1,100 miles, and is set to commence operations in early 2032. This aircraft aims to decarbonize private air travel, offering a quieter and more sustainable alternative to conventional private jets.

MemPro

Non Equity Assistance in 2024
MemPro is a technology company that specializes in the development and application of metal oxide catalysts. Using nanofiber technology, the company enhances the surface area of catalysts, rare earths, and precious metals, leading to more efficient and cost-effective processes. MemPro's flagship product is an exclusive electrocatalyst that significantly improves the efficiency and reduces the cost of hydrogen production from water. The company's innovations also find applications in energy harvesting, filtration, sensors, electronics, and catalysis for pharmaceuticals and chemicals, enabling clients across diverse industries to optimize their processes and lower costs.

Dodda

Non Equity Assistance in 2024
Dodda will free up design teams from overbearing tasks so they may concentrate on efficiency and creativity. Ensure that clients can confidently and easily handle their projects by streamlining processes, increasing productivity, and utilizing Dodda.

Rivalia Chemical

Pre Seed Round in 2022
Rivalia Chemical Co. focuses on producing valuable rare earth elements by recycling coal ash and other waste materials. The company operates a chemical extraction technology platform that addresses two significant issues: the scarcity of critical minerals and the management of coal ash waste. By extracting rare earth elements from these waste materials, Rivalia not only generates valuable resources but also repurposes the residual ash for use in green concrete. This innovative approach enables the chemical industry to recover essential minerals while promoting sustainable waste management practices.

Sustaio

Convertible Note in 2021
Sustaio is a climate-focused technology company that helps individuals live more sustainably by quantifying and incentivizing emissions-reducing behavior. The platform gamifies real-time tracking of household utility use and efficiency actions, enabling users to measure, manage, and reduce their carbon footprint. It guides users toward sustainable habits by highlighting ways to cut food waste, transportation-related pollution, and electricity waste, and offers a personal guide to support ongoing behavior change. Access is via an online login for utility bills, making the system easy to adopt.

Noteworthy AI

Seed Round in 2021
Noteworthy AI equips fleet vehicles with smart cameras and AI technology to enhance the reliability and safety of electric distribution grids. Its autonomous system collects data during routine operations, enabling utilities to optimize asset management, reduce operational costs, and improve efficiency across various use cases.

Birdstop

Pre Seed Round in 2021
Birdstop is a company that specializes in creating advanced infrastructure for the inspection and monitoring of remote assets using autonomous drone applications. Its platform leverages networked unmanned aerial vehicles (UAVs) and ground stations to automate data collection, allowing users to access real-time insights about their assets through the Internet. This technology enables industries with offsite physical assets to efficiently detect anomalies and make critical decisions without the need for on-site presence, thereby enhancing operational efficiency and oversight.

HData

Seed Round in 2021
HData is a RegTech company that develops and provides regulatory technology solutions for data-driven customers, including government regulators, regulated enterprises, markets, and investors. It delivers platforms that transform regulatory activities such as compliance, reporting, and regulatory analysis by integrating regulatory data with analytics and artificial intelligence. The company also offers services in relationship management, strategic counsel, and message support to help clients navigate regulatory needs and engage stakeholders. Founded in 2018 and based in Joliet, Illinois, HData focuses on building platforms that connect regulator-facing and enterprise-facing solutions, enabling efficient research, regulatory intelligence, and growth planning for its clients across energy, markets, and information sectors.

Moduly

Pre Seed Round in 2021
Moduly is an energy storage platform that specializes in creating virtual power plants for electric utilities. The company centralizes energy management for residential and commercial users, enabling them to effectively manage their electricity consumption and reduce costs associated with peak demand. By optimizing energy use, Moduly helps its customers lower greenhouse gas emissions and shift their consumption away from peak hours. The platform facilitates collaboration between electricity users and utilities, addressing critical challenges such as energy overproduction and environmental impact, while also providing a means for users to save on their electricity bills.

Accelerate Wind

Pre Seed Round in 2021
Accelerate Wind develops on-site wind energy solutions for commercial and industrial buildings, including small-scale rooftop wind turbines and integrated solar systems to maximize rooftop space and provide additional revenue streams. The company uses patent-pending airfoil designs to increase wind speed and energy output and is developing a patent-pending powertrain concept that stores energy in a small flywheel to reduce the cost of wind turbine power electronics.

Khepra

Seed Round in 2021
Khepra is a company based in San Francisco, California, that specializes in converting plastics and agricultural waste into renewable fuels and chemicals. Utilizing proprietary technology, Khepra employs ultrasonic methods, including frictive heating, cavitation, and acoustic pressure, to break down waste streams without extraction, thus preserving their integrity. This innovative, electrified process leverages excess renewable electricity, particularly from solar and wind sources, during periods of energy curtailment. By transforming waste into valuable resources, Khepra aims to support industries in adopting clean energy solutions and contribute to a sustainable future.

Flux Hybrids

Pre Seed Round in 2021
Flux Hybrids develops a hybrid conversion technology that enhances fuel efficiency by offering a universal kit to retrofit gasoline-powered vehicles into hybrids. The kit integrates into the drivetrain and is positioned as cost-neutral, delivering an improvement in fuel economy and a reduction in fuel expenses while lowering the vehicle’s carbon footprint. Founded in 2019, Flux Hybrids is headquartered in Raleigh, North Carolina.

Sunairio

Pre Seed Round in 2021
Sunairio is a developer of a climate intelligence platform focused on renewable energy prediction. The company's platform utilizes proprietary climate simulation technology to generate probabilistic forecasts for weather, energy, and market prices. By integrating correlations between multiple locations and various weather features, Sunairio's platform enhances the accuracy of its simulations. This advanced forecasting capability allows energy industry clients to make informed decisions regarding investments, planning, and operations, ultimately supporting the transition to renewable energy sources. Sunairio leverages comprehensive historical weather data from NOAA to improve its predictive models.

Sync Energy AI

Seed Round in 2020
Sync Energy AI is an Energy-Tech startup focused on assisting electric utilities in enhancing their operational efficiency, particularly in preparation for and response to natural disasters. The company has developed two proprietary artificial intelligence technologies that are integral to its software solutions. These AI-driven tools feature a no-code interface, allowing field crews and planners to utilize advanced analytics effectively. By implementing these technologies, electric utilities can minimize customer downtime and gain insights into potential disaster impacts before they occur. Sync Energy AI's offerings are delivered through Software as a Service (SaaS) and Platform as a Service (PaaS) models, providing real value to its clients.

Condoit

Pre Seed Round in 2020
Condoit is an electrical engineering software platform that offers innovative design, analysis, and collaboration tools for electrical contractors, engineers, and facility managers. The company focuses on enhancing the efficiency and safety of professionals involved in the installation of electric vehicle chargers and solar arrays. By providing advanced circuit analysis software, Condoit helps users collect and analyze electrical system data, significantly reducing the time and potential for human error in conducting short circuit and arc flash analyses. This proactive approach allows engineers and facility owners to predict system failures before they occur, enabling them to manage short circuits effectively and affordably.

Elektrik

Pre Seed Round in 2020
Elektrik operates a specialized online platform that facilitates the procurement of electrical wholesale supplies, primarily focusing on cable parts, alternative cable brands, and related accessories. The company aims to streamline the purchasing process for industry professionals such as distributors, contractors, engineers, and manufacturers by leveraging its team's extensive industry expertise. Elektrik's platform combines online convenience with supply-chain efficiencies, enabling users to efficiently source electrical equipment tailored to their specific needs.

TruSpin Nanomaterial Innovation

Pre Seed Round in 2020
TruSpin specializes in the mass production of unique nanofibers using its proprietary A/C electrospinning process. These nanofibers are currently employed as additives in battery chemicals, significantly enhancing energy density.

Resilient Power Systems

Pre Seed Round in 2020
Resilient Power Systems provides power converters such as DCFC supercharging stations in a box and renewable H2 energy power converters. The company is developing products to accelerate the deployment of EV charging systems everywhere, they deliver packages to customers, and its technology has the potential to change the delivery of packages. Resilient Power's commercial applications provide EV charger-to-grid technology that is radically efficient. When it comes to municipal, residential development, retail, hospitality, or other applications where time and space are limited, Resilient's line of advanced, solid-state power stations is the answer. Its ultra-compact EV charging depots connect directly to the existing distribution grid, allowing clients to build EV fleets and public charging stations in days rather than months, reducing costly and disruptive site construction. When Resilient's line of high-voltage power electronics is added to the electric power grid, it improves grid efficiency and reliability.

Shipshape

Pre Seed Round in 2020
Shipshape is a digital platform that simplifies home ownership by analyzing and optimizing the performance of critical home systems. It connects to various smart technologies to provide a comprehensive health analysis of a home, maintaining detailed records and offering smart notifications to inform homeowners about necessary repairs, replacements, or upgrades. By networking physical infrastructure and mechanical systems, Shipshape delivers actionable recommendations and connects users to service providers, enhancing home management while saving time and money. This integration of technology empowers homeowners to protect and improve their living environments effectively.

Ashipa Electric

Pre Seed Round in 2020
Ashipa Electric is a developer of innovative energy systems aimed at providing sustainable and reliable power solutions, particularly to underserved communities worldwide. The company specializes in microgrid solutions that energize economic activities in areas lacking access to dependable electricity. Ashipa Electric offers a range of products and services, including battery cabinets, phase inverters, and hybrid energy equipment, along with engineering, construction, operation, and maintenance services for power plants and renewable energy grids. By collaborating with electric utilities, Ashipa Electric enhances the resiliency of rural and coastal communities that are vulnerable to natural disasters, contributing to global efforts to achieve universal access to affordable and clean energy.

EnergyHawk

Pre Seed Round in 2020
EnergyHawk is a global leader in satellite-powered energy assessments, aimed at enhancing the connection between third-party energy companies and customer energy data. The company has developed a platform that allows users to efficiently locate and analyze the energy consumption, demand, and load profiles of major commercial and industrial enterprises in North America. By providing access to comprehensive facility-level data, EnergyHawk enables clients and energy professionals to transform complex energy information into clear, actionable insights. This approach helps organizations significantly reduce their energy and environmental costs while streamlining their go-to-market strategies.

Project Canary

Pre Seed Round in 2020
Project Canary develops an emissions data management platform that empowers the oil and gas industry to monitor and mitigate environmental impacts. By providing real-time, actionable data on methane leaks and other pollutants, along with ESG ratings, it helps operators demonstrate responsible resource development, minimize risk, and enhance their reputation as good neighbors.

Virimodo, PBC

Pre Seed Round in 2020
Virimodo is a developer of a clean energy subscription platform designed for urban residents to effectively monitor and manage their energy consumption. By utilizing algorithms and artificial intelligence, the platform matches users with suitable renewable energy suppliers, allowing them to customize their green energy plans according to their specific consumption patterns. This innovative approach not only promotes the use of renewable energy but also empowers consumers to track their energy usage, contributing to carbon reduction efforts in real estate portfolios. Through its services, Virimodo aims to facilitate a transition toward carbon neutrality in urban environments.
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