AESC Group is a leading manufacturer of lithium-ion batteries, specializing in automotive applications. Founded as a joint venture between Nissan and NEC Group, AESC has been producing batteries for electric and hybrid vehicles since 2010. Their products are renowned for their performance, quality, and reliability, powering numerous vehicles worldwide. AESC is committed to sustainability, employing carbon-neutral manufacturing processes. The company aims to improve battery quality, reduce costs, and increase energy density, contributing to the global shift towards cleaner transportation and energy storage solutions.
Vulcan Energy Resources
Grant in 2024
Vulcan Energy Resources, established in 2018 and headquartered in Perth, Australia, is a mineral exploration company primarily focused on lithium extraction. It operates in Europe, with projects in Norway and Germany. Vulcan's unique approach involves using renewable geothermal energy to power its lithium extraction process, aiming to produce lithium hydroxide with a zero carbon footprint. This process also generates a renewable energy by-product, further decarbonizing the supply chain. In addition to lithium, Vulcan also explores for other minerals such as copper, zinc, gold, and silver.
Elcogen
Grant in 2024
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and Solid Oxide Fuel Cell (SOFC) stacks, utilizing proprietary materials and technological solutions. Established in 2001, the company aims to facilitate a clean energy future through its innovative fuel cell technology, which significantly reduces emissions from natural gas systems while providing twice the power for the same amount of gas. Elcogen's solid oxide fuel cells are recognized for their efficiency, enabling effective energy conversion, reversible operation for both power generation and hydrogen production, and flexibility in fuel use. This technology not only supports renewable energy generation but also contributes to the production of green hydrogen, offering industries an efficient means to reduce costs and enhance sustainability.
Aura Aero
Grant in 2024
Aura Aero is a manufacturer focused on designing and producing eco-efficient aircraft to support the decarbonization of air transport. The company develops low-carbon vehicles equipped with advanced safety features, including a whole rescue parachute system, anti-crash seats, and anti-crash fuel tanks. Their aircraft are designed with a two-seater configuration and side-by-side taildragger landing gears, aiming to enhance operational efficiency within the aeronautical industry. Through its innovative approach, Aura Aero seeks to contribute significantly to reducing the environmental impact of aviation.
HydrogenPro
Grant in 2024
HydrogenPro AS specializes in designing and supplying customized hydrogen plants for industrial clients, focusing primarily on alkaline high-pressure electrolysers. Founded in 2013 and based in Porsgrunn, Norway, the company offers a range of solutions, including containerized systems for small plants and indoor installations for medium-sized facilities. Its expertise in hydrogen technology positions HydrogenPro as a key player in the growing market for hydrogen production.
Simtel Team
Grant in 2024
SIMTEL Team is a greentech company focused on the construction and maintenance of photovoltaic power plants. The company specializes in automation, offering solutions for drive regulation, control systems, and process optimization. In addition to its renewable energy activities, SIMTEL Team provides comprehensive services, including the design, supply, and implementation of photovoltaic systems, along with corrective and preventive maintenance for these installations. Furthermore, it serves as a primary provider of turnkey services for telecommunications operators in Romania, demonstrating its versatility across multiple sectors.
SolarSpring
Grant in 2024
SolarSpring GmbH is a company based in Freiburg, Germany, specializing in the development, construction, and operation of solar water treatment and desalination systems. Founded in 2009, it focuses on innovative technologies such as solar thermal desalination and disinfection. The company’s flagship product, Oryx 150, offers a solution for autonomous water supply, effectively treating sea and brackish water as well as contaminated sources. SolarSpring utilizes clean materials and harnesses thermal energy, photovoltaic energy, and waste heat to enhance its water purification processes, which include membrane distillation and UV disinfection. As of March 2020, SolarSpring operates as a subsidiary of Industrial Solar Holding Europe AB.
algoWatt
Post in 2023
algoWatt specializes in designing, developing, and integrating solutions for the management of energy and natural resources, emphasizing sustainability and social responsibility. The company focuses on providing management and control systems that combine devices, networks, software, and services across several sectors, including digital energy and utilities, smart cities and enterprises, and green mobility. Its product offerings include various solutions such as building energy management systems, invoicing and metering tools, and geographic information systems. algoWatt emerged from the merger of TerniEnergia, known for its expertise in renewable energy and environmental services, and Softeco, a seasoned IT solution provider with extensive experience in the energy, industrial, and transportation sectors.
Elcogen
Grant in 2023
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and Solid Oxide Fuel Cell (SOFC) stacks, utilizing proprietary materials and technological solutions. Established in 2001, the company aims to facilitate a clean energy future through its innovative fuel cell technology, which significantly reduces emissions from natural gas systems while providing twice the power for the same amount of gas. Elcogen's solid oxide fuel cells are recognized for their efficiency, enabling effective energy conversion, reversible operation for both power generation and hydrogen production, and flexibility in fuel use. This technology not only supports renewable energy generation but also contributes to the production of green hydrogen, offering industries an efficient means to reduce costs and enhance sustainability.
ICODOS
Grant in 2023
ICODOS is a technology company specializing in the production of e-methanol, a clean alternative to conventional methanol. It has developed a patented hybrid process that enables cost-competitive and rapidly scalable e-methanol production, targeting the decarbonization of the chemical and shipping industries. The company's unique value lies in its innovative technology, which offers a significant cost advantage and unmatched operational flexibility, ensuring efficient carbon dioxide capture and reduced operating costs.
Vianode
Grant in 2023
Vianode specializes in the development of sustainable anode graphite solutions specifically for the battery industry, with a strong emphasis on enhancing the performance and sustainability of electric vehicle batteries. The company produces a variety of synthetic graphite products that offer unique performance characteristics and are manufactured with significantly lower CO2 emissions compared to conventional materials. Vianode is also committed to recycling initiatives, having recently introduced a product that incorporates recycled graphite, thereby supporting a low-emission battery ecosystem. Through its focus on sustainability and technological advancements, Vianode contributes to the transition toward greener energy solutions in the electric vehicle sector.
Stargate Hydrogen
Grant in 2023
Stargate Hydrogen Solutions specializes in providing turn-key electrolysis solutions for the production of green hydrogen using renewable energy sources. The company focuses on designing, implementing, and maintaining electrolyzer systems that help clients transition to green hydrogen, thereby reducing carbon dioxide emissions and promoting sustainability. Through its innovative services, Stargate Hydrogen aims to support the electrification of various sectors, contributing to a cleaner and more environmentally friendly energy landscape.
NitroCapt
Grant in 2023
NitroCapt is a climate-tech company focused on producing green nitrogen fertilizers through an innovative chemical process known as SUNIFIX. This technology allows for the extraction of nitrogen from the air, creating climate-neutral fertilizers that are both cost-effective and sustainable. By offering a fossil-free alternative to traditional nitrogen fertilizers, NitroCapt aims to enhance agricultural productivity while promoting sustainability. The company's business model is designed to make its customers more profitable compared to the use of fossil-based fertilizers, facilitating a transition to a decarbonized nitrogen fertilizer industry. Through its efforts, NitroCapt supports farmers in adopting sustainable agricultural practices.
ExoMatter
Grant in 2023
ExoMatter, established in 2022 as a spin-off from the German Aerospace Center and backed by Munich's UnternehmerTUM, specializes in a materials research and development platform. It leverages AI and extensive scientific data to provide clients, including major German enterprises like Audi, Infineon, and Airbus, with a tailored shortlist of the most promising materials for their specific applications. By considering a wide range of physical, chemical, engineering, sustainability, and cost attributes, ExoMatter helps these clients focus on the most viable materials candidates, accelerating their innovation processes.
Fusion Fuel
Grant in 2023
Fusion Fuel Green PLC is a company based in Dublin, Ireland, specializing in the production of green hydrogen. Established in 2018, it operates primarily in Portugal, Southern Europe, and Morocco, offering innovative solutions through its direct coupled photoelectrochemical hydrogen generators that utilize solar concentrated photovoltaic technology to efficiently split water into hydrogen and oxygen. In addition to its hydrogen generation technology, Fusion Fuel provides remote tracking and monitoring services for green hydrogen plants and is involved in the development and operation of such facilities. Its services cater to a variety of sectors, including natural gas networks, ammonia production, oil refining, regulatory bodies, and other related entities, aligning with the global shift towards sustainable and clean energy solutions.
ExoMatter
Grant in 2023
ExoMatter, established in 2022 as a spin-off from the German Aerospace Center and backed by Munich's UnternehmerTUM, specializes in a materials research and development platform. It leverages AI and extensive scientific data to provide clients, including major German enterprises like Audi, Infineon, and Airbus, with a tailored shortlist of the most promising materials for their specific applications. By considering a wide range of physical, chemical, engineering, sustainability, and cost attributes, ExoMatter helps these clients focus on the most viable materials candidates, accelerating their innovation processes.
Ørsted
Grant in 2022
Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.
Everfuel
Grant in 2022
Everfuel Denmark A/S is a green hydrogen company based in Herning, Denmark, specializing in the production and sale of green hydrogen fuel across several European countries, including Denmark, Norway, Sweden, the Netherlands, Germany, and Belgium. Founded in 2017, the company serves a diverse range of applications, providing hydrogen fueling solutions for heavy-duty vehicles such as buses, trucks, and taxis, as well as marine vessels and private cars. Everfuel operates hydrogen production facilities, distribution networks, and fueling stations, ensuring accessibility for both mobility customers and industrial stakeholders involved in alternative hydrogen-based fuels and Power to X products. By collaborating with vehicle manufacturers, Everfuel aims to enhance the hydrogen value chain and offer competitive, long-term contracts to enterprise customers.
FORVIA
Grant in 2022
FORVIA is an automotive technology group based in Nanterre, France, specializing in vehicle interiors and emission control technologies aimed at promoting sustainable mobility. Founded in 1997, the company collaborates closely with automakers to develop vehicles that are cleaner, lighter, more comfortable, and highly customizable. Through its innovative solutions, FORVIA seeks to enhance the driving experience while addressing environmental challenges in the automotive industry.
MagnoTherm
Grant in 2022
MAGNOTHERM, founded in 2019 and headquartered in Darmstadt, Germany, specializes in innovative cooling and heating technology utilizing magnetic materials. The company has assembled a team of over 40 experts with significant expertise in magnetic cooling and magnetocaloric materials. MAGNOTHERM aims to address the climate crisis by providing energy-efficient alternatives to traditional gas compression cooling, which contributes to at least 7% of global CO2 emissions. Its technology, which operates at low pressure, is designed to be up to 30% more energy efficient than existing systems while being non-explosive, non-flammable, and low maintenance. The company focuses on developing magnetic cooling systems suitable for various applications, including room temperature environments and hydrogen liquefaction plants, offering a sustainable solution that can help transition industries away from outdated gas compression methods.
Stockholm Exergi
Grant in 2022
Stockholm Exergi is an energy company based in Stockholm that specializes in producing resource-efficient district heating, district cooling, and electricity. The company is dedicated to reducing waste and promoting sustainability through the design, construction, and operation of biomass combined heat and power (CHP) plants. By focusing on these environmentally friendly technologies, Stockholm Exergi aims to contribute to a climate-positive urban environment for its residents.
Algama
Grant in 2021
Algama is a food-tech company focused on developing sustainable food solutions through the use of microalgae. Established in 2013, Algama aims to address global food challenges by harnessing the nutritional and functional properties of algae to produce plant-based alternatives to animal products, such as eggs and meat. Its innovative platform also creates emulsifiers that help food manufacturers replicate the taste and texture of traditional animal-based foods. With a vision to feed 10 billion people by 2050 while preserving the planet, Algama is dedicated to making microalgae a key resource for the future of food. The company is recognized as a world leader in this sector and is supported by a range of prominent impact investors. Algama emphasizes the importance of making its products accessible, affordable, and appealing to consumers, while continually seeking talent and innovation to advance its mission.
Kitemill
Grant in 2021
Kitemill specializes in the development of airborne wind energy technology, which aims to transform the wind power industry by harnessing high-altitude winds. The company's innovative system features a kite connected to a ground-based generator via a tether, allowing for the efficient capture of strong and stable wind resources. This approach not only enhances the availability of renewable energy but also significantly reduces material usage, leading to improved cost efficiency. Kitemill's technology is positioned to play a crucial role in the global transition towards a zero-emission energy sector, offering a safe and low-cost method of producing renewable energy that could surpass the financial implications of solar and traditional wind power plants.
Serendipity
Seed Round in 2021
Serendipity helps ecosystems see the future and create sustainable, resilient, and livable cities.
TreaTech
Grant in 2020
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.
Infinited Fiber
Grant in 2020
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.
INDRESMAT
Grant in 2020
INDRESMAT is an international chemical startup based in Barcelona, Spain, and Geleen, the Netherlands, focused on enhancing energy efficiency in the construction sector. The company aims to implement high-performance and sustainable materials to support the development of Nearly-Zero Energy Buildings. Leveraging expertise in bio-Polyurethane chemistry, INDRESMAT is committed to creating innovative products that reduce fossil CO2 emissions and combat climate change. By developing advanced manufacturing technologies, the company seeks to deliver energy-efficient construction materials cost-effectively, positioning itself as a transformative player in the industry.
Bloom Biorenewables
Grant in 2019
Bloom Biorenewables Ltd is a Swiss company founded in 2019, focused on developing technology that transforms wood and agricultural waste into renewable materials as alternatives to petroleum. The company specializes in creating bio-based materials for the chemical industry, targeting various markets including fragrances, plastics, and textiles. By introducing innovative production methods for biorenewable products and fuels, Bloom Biorenewables aims to provide sustainable solutions that reduce reliance on fossil fuels and contribute to climate change mitigation.
Epishine
Grant in 2019
Epishine AB, founded in 2016 and based in Linköping, Sweden, specializes in the development and manufacture of solar cells designed to harness indoor light for powering low-energy devices. The company's products include a portable energy device with an exchangeable solar sheet and a charging unit equipped with USB ports, capable of powering lights and charging mobile phones. Epishine's technology utilizes organic materials and is optimized for functionality in low-light environments, providing an eco-friendly alternative to disposable batteries.
Lightricity
Grant in 2019
Lightricity’s mission is to enable a scalable and sustainable IoT by providing the world’s highest efficiency light energy harvesting technology and battery free IoT devices. Lightricity has unique indoor PV technology that is up to 6 x more efficient than the nearest commercially available competition under low light levels. This is available as PV component technology that enables powering of devices not previously possible or the reduction of the area of PV used on very small wireless devices. It is also available in our own battery free PV powered IoT tracker and sensor devices. Our technology enables IoT to really scale efficiently.
Green City Solutions
Grant in 2018
Green City Solutions GmbH, founded in 2014 and based in Berlin, Germany, focuses on addressing air pollution through innovative waste management solutions. The company has developed the “CityTree,” a product that features a specially designed, vertically installed moss culture combined with Internet-of-Things (IoT) technology. This unique system targets particulate matter, nitrogen dioxide, and ozone, improving air quality by utilizing specific plants that purify the air while also providing cooling and humidification. The CityTree is equipped with sensors that gather environmental and climatic data, allowing for the regulation and optimization of plant performance. Additionally, the collected data contributes to enhancing the understanding of environmental conditions in urban areas.
ThrustMe
Grant in 2018
ThrustMe is a startup emerging from the Laboratoire de Physique des Plasmas at the Ecole Polytechnique and the CNRS, founded by Ane Aanesland and Dmytro Rafalskyi. The company specializes in the development, production, and commercialization of advanced space propulsion systems using patented technology. ThrustMe aims to simplify and enhance the efficiency of electric propulsion, offering services that include the creation of space systems for next-generation satellites and customized solutions for ground testing of space hardware. By focusing on economic and environmental sustainability, ThrustMe provides innovative propulsion options for space teams and aerospace businesses.
Resolute Marine
Grant in 2017
Resolute Marine Energy, Inc., established in 2007 and headquartered in Boston, Massachusetts, specializes in developing wave energy converters. These devices generate clean electricity from ocean waves and also facilitate the transportation of seawater to onshore desalination facilities, producing drinkable water. The company's technology supports off-grid areas, particularly in water-stressed regions, by providing power and water resources. Resolute Marine Energy has received backing from the U.S. Department of Energy (DOE) and was recognized as the 2010 winner of the Global Entrepreneurship Week's Startup Open competition.
Norsepower
Venture Round in 2016
Norsepower Oy Ltd, founded in 2012 and based in Helsinki, Finland, is a clean technology and engineering company specializing in generating renewable wind energy for the global maritime industry. The company offers auxiliary wind propulsion systems that are low-maintenance, software-operated, and data-verified. Their flagship product, the rotor sail solution, utilizes the magnus effect to harness wind power and propel ships, thereby reducing fuel consumption and greenhouse gas emissions.
Algama
Seed Round in 2016
Algama is a food-tech company focused on developing sustainable food solutions through the use of microalgae. Established in 2013, Algama aims to address global food challenges by harnessing the nutritional and functional properties of algae to produce plant-based alternatives to animal products, such as eggs and meat. Its innovative platform also creates emulsifiers that help food manufacturers replicate the taste and texture of traditional animal-based foods. With a vision to feed 10 billion people by 2050 while preserving the planet, Algama is dedicated to making microalgae a key resource for the future of food. The company is recognized as a world leader in this sector and is supported by a range of prominent impact investors. Algama emphasizes the importance of making its products accessible, affordable, and appealing to consumers, while continually seeking talent and innovation to advance its mission.
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