MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, established in 2009. It supports early-stage entrepreneurs across various industries, including technology, healthcare, and social impact, by providing mentorship, resources, and networking opportunities. With locations in Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge connects high-potential startups with industry experts and investors to foster innovation and facilitate growth. The accelerator operates on a non-equity model, allowing entrepreneurs to maintain full ownership of their companies while benefiting from strategic partnerships and tailored training programs. Through its diverse initiatives, such as targeted accelerator programs like MassChallenge HealthTech and FinTech, the organization aims to drive impactful change and enhance the global innovation ecosystem.

Cait Brumme

Acting CEO

Nick Dougherty

Managing Director, MassChallenge HealthTech

Siobhan Dullea

CEO

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Energy

CloEE

Non Equity Assistance in 2024
CloEE is an AI digital advisor focused on enhancing sustainability and operational efficiency in discrete manufacturing. By utilizing generative AI, it provides real-time data analysis from manufacturing equipment, as well as manufacturing execution systems and enterprise resource planning systems. CloEE aims to improve Overall Equipment Effectiveness (OEE), significantly reduce energy consumption by 30%, and minimize emergency stops by 95%. The platform offers quick and cost-free project implementation, facilitating manufacturers in saving time and money while addressing critical challenges such as production downtime, delivery delays, and high defect rates. Having connected 25,000 machines across 25 countries, CloEE promotes a new model for efficiency and emission management, ultimately helping manufacturers reduce carbon emissions and drive annual revenue growth.

Tespack

Non Equity Assistance in 2024
Tespack Ltd. is a Finnish company that specializes in mobile energy solutions, providing a variety of products such as ultra-light batteries, solar panels, smartpacks, backpacks, and portable chargers. Founded in 2013 and based in Helsinki, Tespack focuses on creating smart mobile micro-grids for challenging markets, particularly for off-grid usage. The company employs advanced software, deep learning technology, and proprietary hardware to deliver reliable and sustainable energy infrastructure in remote locations. Tespack's mission includes addressing critical battery management challenges, such as enhancing battery recycling accuracy and monitoring battery performance. Its products are distributed across various European countries through distributors, retailers, and online sales, catering to remote workers, adventurers, and disaster relief efforts.

Kestrix

Grant in 2023
Kestrix is a climate technology startup that specializes in software solutions for building automation. The company offers a SaaS-based platform that employs interactive 3D models to assess energy performance in buildings. By utilizing thermal drones and computer vision, Kestrix creates quantitative 3D heat loss models at a city scale, which helps to democratize access to energy efficiency insights. This innovative approach allows retrofitters to identify buildings with significant heat loss, pinpoint the locations of inefficiencies, and estimate the costs for necessary improvements. Through its technology, Kestrix aims to facilitate energy retrofits of existing buildings and contribute to the decarbonization of the built environment.

Climatenza

Grant in 2023
Climatenza is a solar thermal company based in Santiago, Chile, founded in 2018. The company specializes in innovative technology solutions aimed at enhancing sustainability in energy. Climatenza focuses on generating electricity from solar energy through concentrating solar thermal technologies, providing high-value energy to utilities and heat for industrial applications. Additionally, the company offers renewable energy consultancy services, which include assessing energy needs, conducting feasibility studies, and developing strategies for integrating photovoltaic systems. By harnessing solar radiation for utility-grade hybrid electricity generation, Climatenza supports clients in transitioning to clean energy and contributes to efforts against climate change while fostering local community development.

Neology Hydrogen

Grant in 2023
Neology’s ammonia-powered genset represents the next generation of clean power solutions. This advanced system delivers reliable energy with zero emissions, operating completely carbon-free. Designed to be mobile and versatile, it is perfect for off-grid and remote applications. Additionally, its silent operation ensures minimal noise pollution, making it an ideal choice for sustainable and efficient energy generation in any environment.

DioQuest

Non Equity Assistance in 2023
A transformative approach to creating high-value, high-performance products through a unique process that combines two waste streams, CO2 gas from various sources and produced water.

Hydrobee

Non Equity Assistance in 2023
Hydrobee is focused on developing innovative clean energy solutions to address the needs of over a billion people lacking reliable electricity and the three billion relying on biomass stoves for cooking. Their flagship product, the Firebee thermo-electric generator, converts heat from cooking stoves into USB charging power, enabling users to charge phones, LED lights, and other devices. This technology also includes the Jet-Flame blower, which enhances combustion, reduces smoke, and saves money. By connecting Firebee-powered devices to mobile phone networks, Hydrobee facilitates financing options for new, efficient stoves equipped with chimneys, significantly lowering indoor air pollution. This approach aims to serve approximately 100 million low-income families, providing a cost-effective solution to both energy poverty and indoor air quality issues. Based in Seattle, Hydrobee operates as a Social Purpose Corporation and collaborates with a network of social entrepreneurs and impact investors to further its mission.

AZUL Energy

Non Equity Assistance in 2023
AZUL Energy is focused on advancing energy solutions through the development of innovative air battery technologies and metal-free catalysts. The company enhances the performance of air batteries and creates products related to this technology, aiming to promote eco-friendly lifestyles. Their research has identified a catalyst electrode containing specific pigments that outperforms traditional materials like platinum carbon. Additionally, AZUL Energy's catalyst technology supports clean energy initiatives by providing cost-effective and resource-efficient solutions for the production of green hydrogen. Through its R&D, manufacturing, and sales efforts, the company contributes to the establishment of a recycling-oriented society and enhances the sustainability of energy systems.

FluxWorks

Non Equity Assistance in 2023
FluxWorks is a developer and manufacturer specializing in magnetic gears and integrated motors designed for applications that demand high performance and reliability. The company focuses on innovative powertrain solutions that enhance mechanical systems while offering a quieter and more robust alternative to traditional gears. Utilizing advanced magnetic gear technology, FluxWorks produces lightweight, lubrication-free motors that require minimal maintenance and deliver self-healing capabilities. This technology allows their products to operate efficiently and effectively, addressing the needs of various industries for reliable and cost-effective power solutions.

OneStep Power

Non Equity Assistance in 2023
OneStep Power Solutions Inc. specializes in manufacturing non-destructive power system testers for positioned vessels, primarily focusing on its patented generator voltage response tester (GVRT). This innovative solution enables safe, controlled, and repeatable testing of voltage dip ride without altering protection system settings. In addition to manufacturing, the company provides a range of engineering services, including validation and testing, integrity assessments, post-failure solutions, software and programming support, and project commissioning. Founded in 2016, OneStep Power Solutions is headquartered in Houston, Texas.

Greenly

Non Equity Assistance in 2021
Greenly is a carbon tracking technology company that enables businesses to monitor and manage their carbon footprints effectively. Its platform automates data collection by integrating with various accounting and billing software, allowing companies to calculate their emissions in real-time and generate compliant carbon reports. Unlike traditional consulting services, Greenly provides a comprehensive solution for carbon accounting and management, helping organizations set and pursue Net Zero goals. The company focuses on delivering tailored strategies for specific industries, offering tools for tracking emissions across various sectors such as freight, electricity, and inventory management. Additionally, Greenly assists procurement departments in implementing sustainable purchasing policies and engaging suppliers in their decarbonization efforts, thereby promoting overall supply chain sustainability.

Element 16 Technologies

Non Equity Assistance in 2021
Element 16 Technologies specializes in thermal energy storage systems that enhance energy efficiency for commercial and industrial facilities. The company employs a unique technology that utilizes a molten sulfur mixture to store high-temperature heat energy, replacing traditional molten salts and thermal oils. This innovative approach allows customers to minimize heat waste in cogeneration plants, leading to increased efficiency and a reduced carbon footprint. By optimizing heat energy storage, Element 16 Technologies aims to help businesses save on energy costs while contributing to environmental sustainability.

SmartHelio

Non Equity Assistance in 2021
SmartHelio develops innovative software and IoT sensors designed to enhance the performance and efficiency of solar energy systems. By utilizing advanced algorithms and deep learning, SmartHelio's solutions enable solar companies to quickly detect and identify faults, resulting in performance boosts of up to 3%. The software offers real-time insights and recommendations, facilitating swift issue resolution and optimizing operations and maintenance efforts by up to 30%. SmartHelio's AI-enabled sensors provide reliable data acquisition, empowering energy developers and managers to maintain high-performance asset management with minimal human intervention. The platform is user-friendly, requiring minimal training, and can seamlessly integrate into existing IT systems. With the ability to generate an additional 5% in energy output, SmartHelio positions solar companies to gain a competitive advantage in the rapidly evolving sustainable energy market.

Solfoil

Non Equity Assistance in 2021
SolFoil specializes in solar heating equipment that offers compact and user-friendly solutions for outdoor heating and cooking. The company’s products harness sunlight to facilitate cooking, heating, pasteurizing, and sterilizing, providing a smoke-free and fire-safe alternative. These solar heated packages are designed for versatility, making them suitable for various applications, including outdoor activities, sports, and emergency situations. By complementing existing solar ovens and cookers, SolFoil's innovations aim to enhance the efficiency and convenience of solar cooking and heating methods.

HeatNeutral

Non Equity Assistance in 2021
HeatNeutral is a pioneering manufacturer specializing in biofuel burners designed for carbon-neutral heating. Their burners, compatible with any liquid biofuel, generate zero harmful emissions, making them an innovative solution for the heating sector to significantly reduce its carbon footprint.

Eaternity

Non Equity Assistance in 2021
Eaternity AG is a software management company based in Zurich, Switzerland, that specializes in the restaurant industry. Founded in 2014 by Judith Ellens and Manuel Klarmann at ETH Zurich, Eaternity provides a platform that offers a real-time calculation engine for addressing allergen and nutrition declarations, as well as assessing the carbon footprint of meals and restaurants. The company's solutions enable restaurant owners to gain valuable insights into their supply chain, facilitating informed decision-making. Eaternity also aims to support organizations globally in calculating the environmental impact of their food products, striving for a sustainable food system within the planet's ecological boundaries. Through its Eaternity Score, the company transparently communicates the environmental effects of various food products, serving both consumers and decision-makers.

Solarflux Energy Technologies

Non Equity Assistance in 2021
Solarflux Energy Technologies specializes in solar thermal power through its innovative parabolic dish concentrator technology. This technology is designed to address the increasing energy demands of modern society while providing a clean and cost-effective energy solution. By utilizing low-cost materials, Solarflux is able to offer enhanced energy conversion efficiency and reduced system costs. The company's solutions require minimal land use, allow for streamlined installation, and demand low maintenance, making them an attractive option for clients seeking sustainable thermal energy alternatives.

ThermoTerra

Non Equity Assistance in 2021
ThermoTerra captures a new source of renewable energy, powered by natural fluctuations in humidity - Humidity Power - to heat and cool build.

FlyWorks

Non Equity Assistance in 2021
FlyWorks Ltd., founded in 2019 and based in Beer-Sheva, Israel, specializes in developing a drone multirotor platform featuring a hybrid propulsion system designed for extended flight durations. The company’s innovative technology integrates a single internal combustion engine with small electric motors, allowing drones to carry significant payloads while maintaining a lightweight structure. This approach not only enhances performance but also ensures safety and cost-effectiveness. FlyWorks' patent-pending drive technology is versatile enough to be adapted for various drone sizes and applications, including land surveying and air-taxi services. By enabling high-resolution, multi-sensor inspections of large-scale power line infrastructure, FlyWorks aims to revolutionize the capabilities of commercial drones in multiple industries.

Power2Peer

Non Equity Assistance in 2020
Power2Peer operates a blockchain-secured energy trading platform known as P2PConnect, which serves as a virtual marketplace for renewable energy. This platform enables small-scale energy producers and consumers to buy and sell clean energy locally, facilitating connections among community members and local micro-grids powered by solar panels and other renewable resources. Power2Peer provides an accessible and affordable alternative for individuals who cannot invest in large-scale renewable installations, such as rooftop solar panels. The platform offers value to corporate clients and small businesses by allowing them to offset their carbon footprints with locally sourced clean energy, enhancing their sustainability efforts. The company has engaged over 150 investors through an equity crowdfunding campaign and is focused on further developing the P2PConnect marketplace.

Quempin SpA

Non Equity Assistance in 2020
Quempin SpA specializes in providing innovative combustion technology aimed at facilitating the transition from polluting fuel sources to cleaner alternatives in the heat sector. The company offers efficient gas burners designed to significantly reduce gas fuel consumption by at least 20%, making it easier for businesses to adopt cleaner energy solutions. Quempin’s services include the design, installation, and repair of gas equipment, as well as engineering support for industrial process conversions and remodeling. The company focuses on porous media burners and gas installations, emphasizing clean combustion and the reduction of gas emissions. By offering cost-effective solutions that require no upfront investment for companies currently using coal or firewood, Quempin helps businesses manage the transition to sustainable energy sources while ensuring ongoing maintenance and technical support through authorized technicians.

Direct Kinetic Solutions

Non Equity Assistance in 2020
Direct Kinetic Solutions is focused on providing innovative power solutions for future generations through the development, manufacturing, and sale of Persistent Power Sources (PPS). The company's technology harnesses the energy from beta-emitting isotopes to create reliable and long-lasting power sources. These radioisotopic batteries are specifically designed for applications such as small satellites and asset tracking, offering a sustainable alternative to traditional lithium batteries. By delivering uninterrupted power over extended periods, Direct Kinetic Solutions enables clients to optimize both energy and space, ultimately enhancing the efficiency of various projects while reducing reliance on conventional power sources.

Brevel

Pre Seed Round in 2020
Brevel has developed an innovative cultivation technology focused on the sustainable and cost-effective production of microalgae. Utilizing high-tech, fully automated indoor systems that feature internal illumination, Brevel's approach achieves significant cost reductions and substantially higher yields compared to traditional methods. This advanced technology positions the company to tap into various markets in need of microalgae-derived products, including sustainable food, materials, chemicals, pharmaceuticals, and energy. By unlocking the full potential of microalgae, Brevel aims to create an alternative protein source suitable for mass production, addressing the increasing demand for environmentally friendly solutions across multiple industries.

ParagonH2

Non Equity Assistance in 2020
ParagonH2 delivers hydrogen-powered clean energy and water for business, community, and homes.

VoltXon

Non Equity Assistance in 2020
VoltXon introduces a new kind of NanoGenerator energy harvester to the market and develops a life-long and battery-free cardiac pacemaker.

COI Energy Services

Non Equity Assistance in 2020
COI Energy Services, Inc. offers a software as a service (SaaS) platform designed to enhance energy efficiency for utilities and their business customers. Founded in 2016 and based in Tampa, Florida, the company provides solutions in demand response, energy efficiency analytics, renewable energy capacity identification, and rebates and incentives alerts. Its platform facilitates two-way communication between utilities and customers, enabling them to understand energy usage patterns and trends while identifying opportunities to reduce energy waste and costs. By leveraging artificial intelligence, COI Energy Services helps customers receive tailored alerts on energy wastage and available incentives, ultimately promoting environmental sustainability and optimizing the electric grid. The company was previously known as COI Empowerment & Energy Services LLC before rebranding in December 2017.

C2C NewCap

Non Equity Assistance in 2020
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

Green

Grant in 2020
Green is a digital platform that specializes in energy purchasing and management. The company focuses on simplifying the process of acquiring energy for businesses and consumers, utilizing technology to streamline transactions and optimize energy usage. By providing users with tools to manage their energy needs effectively, Green aims to improve efficiency and reduce costs associated with energy consumption. The platform is designed to cater to various market segments, promoting a more sustainable approach to energy management.

Aerospec Technologies

Non Equity Assistance in 2019
Aerospec Technologies is a Chicago-based technology company specializing in the development of an unmanned aerial vehicle (UAV) equipped with an intelligent three-axis flight control system. This system autonomously inspects, monitors, and collects high-quality data, particularly for the energy industry. By providing advanced drone inspection services, Aerospec Technologies aims to enhance operational safety and efficiency while facilitating the adoption of renewable energy solutions. The insights generated from their technology enable clients to improve safety measures for all stakeholders and reduce maintenance costs associated with their assets.

ElecTrip

Non Equity Assistance in 2019
ElecTrip is a travel services platform that provides eco-friendly transportation solutions throughout Texas using low operating cost electric vehicles. The company offers a seamless door-to-door travel experience with professional drivers operating Tesla Model X vehicles, which are equipped with Wi-Fi and laptop charging capabilities. This service caters to groups of up to five passengers, allowing them to work during their journey. ElecTrip's custom pick-up options significantly reduce travel times compared to traditional air travel, saving clients approximately 30 minutes in major Texas cities. Starting at $250, the service emphasizes comfort, cost-effectiveness, and efficiency, making it a competitive alternative for business and leisure travelers alike.

Camberline Technologies

Non Equity Assistance in 2019
Camberline Technologies is a company that specializes in a sensor-driven platform designed to monitor electricity usage and promote energy conservation. The platform provides billing-ready data that integrates with existing billing systems, facilitating efficient energy management. By delivering actionable insights, Camberline encourages consumers to adopt more sustainable electricity usage habits, often through attractive incentives. This approach not only supports individual energy conservation efforts but also contributes to broader community sustainability goals.

asvin.io

Non Equity Assistance in 2019
Since 2018, asvin’s cybersecurity company's mission has been safeguarding organizations and their valuable data, inspired by the healing Asvin twins from Hindu mythology. With a proactive approach, we provide predictive solutions to ensure our clients' systems and devices' health and resilience, establishing trust, security, and resilience throughout the software lifecycle. We provide predictive cybersecurity with unique mesh architectures, knowledge-graph, and risk-by-context methodologies. Our state-of-the-art Risk-By-Context index enables informed decision-making by identifying complex threat patterns for advanced risk analysis. You get improved prioritization, stay ahead of threats, allocate resources efficiently, respond timely, and maximize your security investments. Our research is leveraging AI for enhanced threat intelligence and risk analytics, investigating vulnerabilities related to AI training data manipulation and emerging cyber risks. Collaborating with esteemed partners like MIT, Fraunhofer, and KIT, we contribute to national and international projects. asvin BeeHive, our Cybersecurity Management System (CSMS), ensures regulatory compliance and resilience in software ecosystems. With APIs for Software Update Management (SUMS), comprehensive threat intelligence, and risk analysis (SBoM analytics), BeeHive gives you a robust security framework. Our predictive cybersecurity solutions cater to critical sectors in industrial and public domains. Our Risk-By-Context solution excels at identifying, assessing, and mitigating risks, customizable to each customer's specific requirements. With an end-to-end trust layer along data supply chains, BeeHive boosts resilience against cyber-attacks, ensuring compliance with legal and regulatory obligations. Our approved technologies benefit diverse industries, such as automotive, engineering, energy, telecommunications, and public infrastructures. Our comprehensive cybersecurity protection is reliable across all sectors, from connected devices to OT environments and cyber-regulatory needs. Choose asvin to empower your cyber resilience and safeguard your assets throughout the lifecycle like never before.

Aeromine Technologies

Non Equity Assistance in 2019
Aeromine Technologies specializes in wind energy solutions tailored for large buildings. The company develops innovative wind energy systems that remain stationary, ensuring safety and silent operation. These systems can be installed along the edges of buildings, aligned with the prevailing wind direction, allowing building owners to harness untapped wind energy for on-site power generation. Aeromine Technologies aims to enhance energy efficiency in the built environment by providing reliable and unobtrusive wind energy solutions.

GRID

Non Equity Assistance in 2019
GRID focuses on supplying rural areas with consistent, affordable electricity and plans to meet the population's energy requirements. It intends to bring power to rural areas of the nation that, for a variety of reasons, are currently without it. Various fundamental issues, such as lighting, clean drinking water, communication, and electrifying the villages have creative solutions in it.

LGM S.A.

Non Equity Assistance in 2018
LGM S.A. specializes in developing an innovative energy management system aimed at optimizing power generation. The company's technology enhances the efficiency of power generators, including wind turbines, by up to 30%. By focusing on increasing power density from existing generators, LGM S.A. contributes to a more sustainable energy future. Their solutions allow manufacturers to harness excess power from permanent magnet electricity generators, resulting in significant energy savings and reduced operational costs.

SolarBox

Non Equity Assistance in 2018
SolarBox is a renewable energy technologies company that offers renewable energy technologies to people who lack access to electricity. The company is driven by its mission is to offer people who lack access to electricity a better life using renewable energy technologies. The company was founded in 2017 and headquartered in Boston, Massachusetts.

Plastic2Nrg

Non Equity Assistance in 2018
Plastic2Nrg provides units that receive plastic waste as input and generate electricity as an output.

Brightmerge

Non Equity Assistance in 2018
Brightmerge Ltd. is a company that develops an enterprise SaaS platform designed to optimize renewable energy microgrids. Founded in 2018 and based in Tel Aviv-Yafo, Israel, Brightmerge offers an AI-driven suite of products tailored for microgrid developers, financial experts, and energy operators. The platform utilizes proprietary machine learning and big data solutions to automate tasks typically performed manually by project developers and engineers, thereby streamlining the design and operation of microgrid systems. Brightmerge's tools aim to enhance performance prediction, risk mitigation, and overall cost-effectiveness, facilitating the transition to more complex energy networks. The company's focus is on addressing the evolving needs of the energy sector as it adapts to new technologies and business models, ultimately supporting the future of dynamic energy systems.

Skyven Technologies

Grant in 2017
Skyven Technologies is an energy-as-a-service company focused on decarbonizing industrial process heat for manufacturers in hard-to-decarbonize sectors. The company aims to reduce onsite CO2 emissions by providing clean, emissions-free process heat at costs lower than natural gas. Skyven implements advanced decarbonization technologies, such as their Arcturus line of steam-generating heat pumps, without requiring capital expenditures or disrupting manufacturing processes. They monitor carbon emissions in real-time and charge clients only for the clean energy supplied. Additionally, Skyven offers dashboards that display real-time data on savings and carbon metrics, supporting facilities in their transition to greener energy sources while also recovering waste heat to produce sustainable steam.

XOC

Grant in 2017
XOC offers a unique learning experience and it creates an energy awareness that will allow users to save energy in short and long term and at the same time contribute to the environment. XOC is designed for a new energy-based economy. Where buying and selling energy will be a fundamental activity in the near future, where smart cities will be incorporated to the Smart grid.

Skypull

Grant in 2017
Skypull SA is a Swiss company founded in 2013, focused on developing an airborne wind energy system that utilizes a hybrid drone capable of vertical take-off and landing. This drone operates at higher altitudes, where it captures energy from strong and consistent winds through a tether connected to a ground-based generator, thereby generating electricity. Skypull's proprietary airframe design enhances the drone's efficiency and versatility, setting it apart from competitors. The company's technology aims to provide an affordable and clean energy solution that contributes to climate change mitigation by facilitating the transition from fossil fuels to renewable energy sources.

The Energy Audit

Grant in 2017
The Energy Audit is a reference point and provides practical support for all professionals dealing with energy efficiency: energy managers, energy consultants, ESCOs, utility providers and government institutions.

SolarChange

Grant in 2017
SolarChange leverages cutting edge disruptive technology, including blockchain and machine learning, to create an unparalleled reliable, comprehensive and potentially unlimited data platform for the renewable energy market. Utility companies, grid operators and users alike can obtain real time energy tracking while global trade markets can benefit from such accurate and real time data. Smart predictions, insights and forecasts will be taken to a new level with our proprietary technology.

Dechets a L'Or

Grant in 2017
Creating a waste management system in secondary cities that collect urban waste for composting and anaerobic digestion to produce Fertilizer and Energy. We imagine a world in which cities obtain social, economic and environmental value from waste and are therefore healthier and more sustainable places. Our mission is to change how cities in sub-Saharan Africa view their waste. Through innovation of waste systems in small and medium-sized African cities we will provide fertilizer to farmers, energy to businesses, improve the local environment and community health, and create jobs to reduce poverty.

Gaszen

Non Equity Assistance in 2016
Gaszen is a company focused on enhancing energy consumption experiences by providing an Internet of Things (IoT) gas management platform specifically for propane users. Serving a global market of approximately 3 billion people who rely on propane for cooking, heating, and hot water, Gaszen targets Mexico, the largest per capita consumer of propane in the Americas. The propane industry in Mexico represents a market worth around 8 billion. The company offers a device that connects stationary propane tanks to the internet, allowing for real-time monitoring of gas levels and consumption patterns. This platform facilitates connections between residential users, small and medium-sized businesses, gas suppliers, and dispatchers. It includes a user application for consumers, a control dashboard for businesses, and a management dashboard for gas suppliers. By replacing traditional analog meters with wireless sensors, Gaszen aims to provide transparency in propane consumption, helping users manage their energy use effectively and economically.

Gaszen

Seed Round in 2016
Gaszen is a company focused on enhancing energy consumption experiences by providing an Internet of Things (IoT) gas management platform specifically for propane users. Serving a global market of approximately 3 billion people who rely on propane for cooking, heating, and hot water, Gaszen targets Mexico, the largest per capita consumer of propane in the Americas. The propane industry in Mexico represents a market worth around 8 billion. The company offers a device that connects stationary propane tanks to the internet, allowing for real-time monitoring of gas levels and consumption patterns. This platform facilitates connections between residential users, small and medium-sized businesses, gas suppliers, and dispatchers. It includes a user application for consumers, a control dashboard for businesses, and a management dashboard for gas suppliers. By replacing traditional analog meters with wireless sensors, Gaszen aims to provide transparency in propane consumption, helping users manage their energy use effectively and economically.

Ubuntu Power

Grant in 2016
Ubuntu Power focuses on enhancing the quality of life for millions of Sub-Saharan Africans who lack access to electricity, internet, and water. The company provides solar power and mobile services specifically designed for off-grid communities. By offering free solar energy and unrestricted internet access, Ubuntu Power aims to deliver clean and affordable electricity while increasing access to information for underserved populations.

uLink

Grant in 2016
uLink enable developing world energy service providers to quickly develop and easily manage low-cost, modular microgrids in off-grid areas.

CoolComposites

Grant in 2016
CoolComposites develops innovative drop-in additives for foam insulation that enhance indoor temperature regulation, promoting energy efficiency in building materials. Their proprietary formulation utilizes a thermally-reversible inorganic phase-change material, allowing the additives to absorb heat during the day when outside temperatures rise and release it at night. This mechanism effectively reduces the energy required for cooling and optimizes energy use during off-peak hours, akin to a thermal battery integrated into the structure. By incorporating these additives, customers can achieve improved comfort while lowering energy consumption and costs associated with cooling.

Insolight

Grant in 2016
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of high-efficiency solar panels. The company has achieved significant advancements in solar technology, with modules reaching a record efficiency of 29 percent, which allows for a reduction in residential solar electricity costs to below 0.1 $/kWh. Insolight's innovative optical technology enhances efficiency while maintaining the simplicity of installation comparable to standard flat panels. The company's solar systems also incorporate an integrated tracking method to optimize energy capture, maximizing solar utility for agricultural applications. Insolight's business model focuses on developing intellectual property, overseeing wholesale distribution, and outsourcing manufacturing, ensuring a streamlined approach to delivering cost-effective solar solutions. The technology has been validated by reputable institutions, demonstrating its potential for widespread impact in both residential and agricultural sectors.

PrintCB

Grant in 2016
PrintCB Ltd., located in Ness Ziona, Israel, specializes in the manufacture of copper inks designed for printed electronics. These inks aim to replace silver, the most expensive component currently used in the industry, thereby significantly reducing manufacturing costs in a market valued at $70 billion. PrintCB's innovative copper inks are compatible with standard printing processes and do not require changes to existing capital equipment. They can be cured in ambient air using conventional conveyor or box ovens, making them versatile for various applications, including circuitry, sensors, and energy devices. This flexibility allows printing industries to utilize non-brand-specific inks compatible with different dispensing systems, promoting efficiency and cost-effectiveness in production.

Empowerment Solar

Grant in 2016
Empowerment Solar fosters energy independence and economic prosperity across the Middle East by supplying affordable and easy access to reliable and clean solar electricity. They design and install distributed solar electricity systems for Palestinian businesses in the West Bank, eventually expanding across the region. They save Palestinian firms (who pay 70% more than Americans for electricity) 1,000s of dollars annually and eliminate electricity-shortage constraints plaguing West Bank companies.

Eat Your Coffee

Grant in 2016
Eat Your Coffee is a producer of coffee-based energy bars designed to offer a nutritious and convenient source of caffeine. Founded by coffee-deprived college students at Northeastern University, the company aims to energize lives with its snacks, which are infused with a full cup of organic, Fair Trade coffee. Their product line includes flavors such as mocha latte, coconut mocha, and caramel macchiato, all crafted from natural ingredients. By focusing on taste and quality, Eat Your Coffee creates an innovative category of caffeinated snacks that appeal to consumers seeking both energy and wholesome ingredients.

Wegaw

Non Equity Assistance in 2016
Wegaw specializes in processing remote sensing satellite data using artificial intelligence to assist companies in the transition to clean energy. The company focuses on monitoring renewable energy sources, particularly water and snow, by integrating satellite, ground sensor, and weather data. This technology enhances energy forecasting capabilities for clients, allowing them to optimize energy production and improve trading efficiencies. By providing accurate assessments of runoff and reservoir inflow, Wegaw enables energy companies to increase their energy output by 10% and boost their trading prices by 5%. Ultimately, Wegaw's solutions contribute to reducing reliance on fossil fuels and promoting sustainable energy practices.

CITY TRANSFORMER

Non Equity Assistance in 2016
City Transformer is an automotive technology company focused on creating innovative solutions for urban mobility. The company has developed an electric city vehicle featuring a patented folding mechanism that allows the car to narrow to just one meter in width. This unique design enables drivers to easily navigate tight traffic and park in spaces typically reserved for motorcycles, significantly enhancing urban parking convenience. The vehicle combines advanced technology, including smart sensors, while prioritizing safety and an improved driving experience. By adapting the car's dimensions and driving behavior, City Transformer addresses the challenges of conventional passenger vehicles, making urban commuting more efficient and accessible.

Open Energy Market

Grant in 2015
Open Energy Market is a technology-driven company that provides an online trading platform focused on energy buying and management for medium to large enterprises in the United Kingdom. Founded in 2012 and headquartered in Guildford, Surrey, the company aims to simplify the procurement process by automating the management of energy contracts. Its platform captures and stores data, displaying prices offered by various suppliers, which enables clients to enhance reporting, forecasting, and portfolio management. By offering greater control and insight into the energy market, Open Energy Market helps businesses develop effective and sustainable energy strategies in a rapidly evolving industry.

Energy Harvesters

Grant in 2015
Energy Harvesters LLC is commercializing a personal electronics mobile power source called the Walking Charger The Walking Charger allows users to charge the batteries in their mobile electronics devices anytime, anywhere just by walking.

Sourcewater

Grant in 2015
Sourcewater, from MIT Energy Ventures, is the online exchange for sourcing, recycling, transporting and disposing of water for energy production, a $20 billion U.S. market. We create a marketplace that matches providers of water, wastewater, trucking, treatment, storage and disposal with energy producers, thereby minimizing the capital and operating costs of oil and gas production, ensuring reliability of the water supply chain, and reducing the environmental and community impact of hydraulic fracturing. For water sellers and service providers, Sourcewater creates a marketing platform that reduces cost of sales and maximizes utilization and profitability.

Response Technologies

Grant in 2015
Response Technologies, LLC, founded in 2015 and located in Coventry, Rhode Island, specializes in additive manufacturing and advanced material science. The company develops innovative techniques for creating 3D textile structures and reinforced composites, focusing on sectors such as national defense, energy, aerospace, automotive, and transportation. Notably, Response Technologies manufactures explosion-resistant fuel tanks that enhance safety and effectiveness in fuel containment for its clients across these industries. As of December 2020, Response Technologies operates as a subsidiary of Bell Textron Inc.

Colibri

Non Equity Assistance in 2015
Colibrí accelerates the transition to renewable energy and increases the purchasing power of Nicaraguan families. Hummingbird is catalyzing the transition to clean energy and unlocking the purchasing power of Nicaraguan households.

Advizzo

Non Equity Assistance in 2015
Advizzo Limited is a London-based company that has developed a cloud-based platform aimed at reducing water and energy consumption through data-driven behavioral solutions. Founded in 2015, the platform utilizes utility consumption data analytics and machine learning techniques to forecast future demand and detect leaks in household pipes. It serves both consumers and utility companies by offering personalized home usage reports, an online customer portal, and predictive analytics for utilities. By enhancing digital engagement and providing insights from household data, Advizzo aims to change how individuals perceive and manage their resource consumption, ultimately promoting the preservation of natural resources.

Eve Technologies

Grant in 2014
Eve Technologies specializes in designing and implementing solutions that increase the kilometers per liter of the fleets. They are a team that shares the desire to contribute positive change factors to their context and they concentrate on materializing the solutions that generate profit for all materially, intellectually, socially and emotionally.

Aeolus Building Efficiency

Grant in 2013
Aeolus Building Efficiency will reduce energy use in large office HVAC systems at a much lower cost than current technologies. Their full-service, software solution uses advanced technology (pat. pend.) for room-by-room measurement and optimization of airflow, reducing HVAC energy up to 20% without expensive equipment installations or labor-intensive rebalancing. Their scalable business model will create significant financial value for customers and prevent millions of tons of CO2 emissions.

Aeolus Building Efficiency

Grant in 2013
Aeolus Building Efficiency will reduce energy use in large office HVAC systems at a much lower cost than current technologies. Their full-service, software solution uses advanced technology (pat. pend.) for room-by-room measurement and optimization of airflow, reducing HVAC energy up to 20% without expensive equipment installations or labor-intensive rebalancing. Their scalable business model will create significant financial value for customers and prevent millions of tons of CO2 emissions.

Energy Intelligence

Grant in 2013
Energy Intelligence, Inc. is a company based in Buffalo, New York, focused on developing innovative technology that harnesses clean energy from the motion of vehicles in high-traffic areas. Founded in 2014, it has created a patented road-mounted energy generation system that captures waste energy from braking vehicles to produce affordable electricity on-site. This technology is designed for various applications, including parking facilities, transportation depots, highways, and airports, where vehicles naturally slow down. By utilizing embedded hydraulic channels in its compact system, Energy Intelligence generates electricity that can power local equipment, offering cost efficiency with projected levelized costs of 7 cents per kWh and a payback period of 2 to 3 years for initial capital investments. The company's approach addresses a significant opportunity for clean energy generation in urban settings, contributing to sustainability efforts while reducing electricity expenses for commercial sites.

Ubidots

Angel Round in 2013
Ubidots operates a cloud-based Internet of Things (IoT) platform that offers solutions for system integrators and original equipment manufacturers. The platform enables users to collect, analyze, and visualize data from various sensors and digital sources, facilitating the creation of custom dashboards and device libraries. Initially focused on providing services in healthcare and other industries in the American Southeast and Latin America, Ubidots pivoted in 2014 to become a global product-based company after participating in the Boston MassChallenge Accelerator. This transition allowed Ubidots to establish itself as a prominent player in the IoT ecosystem, recognized for its affordability and usability amidst competition. The company has successfully completed numerous projects across diverse sectors, including Healthcare, Energy, Manufacturing, Transportation, and Retail, leveraging its expertise in IoT and cloud solutions to drive digital transformation.

Invisergy

Grant in 2012
Invisergy has developed a transparent, electricity generating window. In a 20 story commercial building, energy generation of 100 kW is possible, providing for 5-10% of a building’s load requirement. Invisergy’s window is an extremely low cost per watt solution that maintains the aesthetic appeal necessary to penetrate new construction in the Building Integrated Photovoltaic market. Invisergy's proprietary technology will add value for window manufacturers through strategic partnerships. Invisergy has developed a cost-effective, transparent solar energy generating window that will revolutionize building sustainability.

Dynamo Micropower

Grant in 2012
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines tailored for small distributed generation applications, primarily in the oil and gas sector. Founded in 2011 and based in Somerville, Massachusetts, the company offers innovative products such as PowerCore, designed for continuous operation in challenging environments, and Infernocore, a flameless turboheater. Dynamo's solutions are engineered to operate using local unrefined gas, significantly reducing energy costs by up to 80% while enhancing power quality by up to 25%, thereby improving the performance of equipment. The company provides a fully packaged, plug-and-play power solution that utilizes flare gas to deliver grid-quality electricity. Dynamo Micropower markets its products through a network of distributors and supports them with a network of service partners. The company has successfully deployed its turbines with notable clients, including Kinder Morgan and Caterpillar.

STG International

Grant in 2011
STG International provides small-scale low cost solar thermal power plant for electrifying clinics and schools in developing countries. In the world's poor rural areas schools and health clinics struggle to provide adequate service without electricity or hot water. Electrification of these institutions proceeds slowly with expensive grid extension, photovoltaic (PV) panels or diesel generators. STG has developed a better solution: a miniaturized solar thermal power plant using low cost solar collectors and a novel ORC engine that can provide clean electricity and hot water at a fraction of the cost of competing systems.

Precision Slip

Grant in 2011
Precision Slip is a novel drag reducing technology that decreases the energy needed to propel a ship through the water. This means cost savings and lower emissions from reduced fuel consumption, and increased speed and range. They have peer reviewed published results and are developing a prototype for large scale testing in realistic operating conditions.

CoolChip Technologies

Grant in 2011
CoolChip Technologies Inc. specializes in advanced thermal management solutions, particularly through its proprietary Kinetic Cooling technology. Founded by MIT engineers in 2010 and based in Somerville, Massachusetts, the company focuses on transforming the electronics cooling industry by providing high-performance, low-profile cooling products. These solutions are designed for a wide range of applications, including high-performance computing servers, medical devices, data centers, and consumer electronics. CoolChip's innovative cooling systems enhance thermal performance while minimizing power consumption and acoustic noise, enabling manufacturers to create next-generation products. With a strong intellectual property portfolio, CoolChip continues to lead in developing efficient and compact cooling technologies that meet the demands of modern electronic devices.

SmarterShade

Grant in 2011
SmarterShade is a clean technology company based in South Bend, Indiana, specializing in innovative light-control solutions for windows and other glass surfaces. Utilizing proprietary technology, SmarterShade allows users to electronically darken windows, skylights, and rear-view mirrors on demand, enhancing both privacy and energy efficiency. This technology can be applied to various settings, including residential and commercial buildings, enabling individuals to control the amount of light that enters their spaces. By integrating this adaptable window treatment into daylighting and natural heating strategies, SmarterShade has the potential to significantly reduce energy costs, contributing to substantial savings in the United States.

Resolute Marine

Grant in 2011
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.

Enertaq

Grant in 2010
Enertaq provides a software service that integrates with existing Building Management Systems. They make slight adjustments in the timing of power consumption in buildings to promote electricity grid reliability, reduce carbon emissions and earn new revenue for building owners.

Zero Carbon

Grant in 2010
Zero Carbon is transforming CO2 from a liability to an asset by producing revenue-generating petrochemicals, thereby eliminating the need for carbon sequestration and lowering the costs of oil exploration and production, transportation, and refining.

Resolute Marine

Grant in 2010
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.

Emergent Energy

Grant in 2010
Emergent Energy (Pty) Ltd. specializes in providing renewable energy solutions, including both grid-tied and off-grid systems, sustainable building design, and energy efficiency consulting. Founded in 2010 and based in Cape Town, South Africa, the company caters to a diverse clientele across various sectors, such as information and communication technology, agriculture, hospitality, education, and government. Its offerings include tailored solar photovoltaic systems, wind and hydro solutions, and Energy Heat Pump installations, all designed to meet the unique challenges of different environments. Emergent Energy also supports clients with comprehensive technical guidance and monitoring solutions to track system performance and ensure efficient operation and maintenance. With a commitment to enhancing the sustainability of South Africa’s energy sector, the company draws on extensive local and international expertise to deliver innovative solutions that promote cleaner and more reliable energy systems.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.