Swift Rails is a transportation company focused on developing sustainable, personalized transit systems that utilize autonomous vehicles operating on ultra-light rails. The company provides energy-efficient, emissions-free transit solutions designed to alleviate road congestion. Passengers can request rides through a user-friendly application, which connects them to semi-autonomous vehicles that transport them directly to their destinations without intermediate stops. By employing renewable energy sources to charge its fleet, Swift Rails aims to minimize environmental impact while enhancing the efficiency of urban transportation. The innovative design of its electric vehicles ensures zero emissions, aligning with the company's commitment to reducing pollution and traffic congestion.
GridBeyond Limited is a provider of smart grid optimization solutions, specializing in artificial intelligence technology aimed at fostering a global zero-carbon future. Founded in 2007 and headquartered in Watford, United Kingdom, with additional offices in Dublin, Cork, and Houston, the company offers a comprehensive platform that includes on-site hardware, cloud-based software, and a hybrid battery and demand network. This platform connects, controls, and automates energy demand through machine learning, enabling customers across various sectors such as industrial, manufacturing, logistics, and transport to access utility-scale renewable energy generation and battery storage. By bridging the gap between distributed energy resources and electricity markets, GridBeyond empowers its clients to maximize opportunities and enhance grid efficiency while supporting their transition towards sustainable energy practices.
LUXTECH, LLC is a Philadelphia-based company that specializes in the design, engineering, and manufacturing of LED module solutions for lighting fixture manufacturers. Incorporated in 2012, LUXTECH focuses on specification-grade LED modules tailored for architectural-grade lighting applications. Its product range includes LINEAR Dynamic White, LINEAR White, COB Warm Dim, COB Dynamic White, and FLEX LED modules and tapes, which cater to various sectors, including entertainment, restaurants, educational institutions, cultural offerings, and healthcare. The company is committed to helping original equipment manufacturers (OEMs) enhance their lighting offerings by providing reliable and energy-efficient LED solutions. LUXTECH’s modules are versatile, supporting applications such as troffers, linear lighting systems, downlights, outdoor area lighting, industrial lighting, and specialty luminaires. With a focus on innovation and rapid product development, LUXTECH can create custom prototypes or retrofit existing fixtures in a short timeframe. The company’s products are built with LM-80 tested components and come with a five-year warranty, ensuring high performance and longevity.
1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.
Climate Robotics
Grant in 2024
Climate Robotics is a company focused on developing advanced robotics and artificial intelligence aimed at addressing climate change and improving soil health. Founded in 2020 and based in the United States, the company creates technology designed to sequester carbon effectively. One of its key innovations, the pyrobot, identifies degraded or blighted land in urban and peri-urban areas and transforms biomass waste on-site into biochar. This process not only aids in carbon capture but also enhances soil quality, contributing to the company's goal of promoting environmental sustainability.
Resilient Power Systems
Grant in 2024
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.
MAAT Energy represents one of the most significant opportunities to impact climate change.
GridBeyond Limited is a provider of smart grid optimization solutions, specializing in artificial intelligence technology aimed at fostering a global zero-carbon future. Founded in 2007 and headquartered in Watford, United Kingdom, with additional offices in Dublin, Cork, and Houston, the company offers a comprehensive platform that includes on-site hardware, cloud-based software, and a hybrid battery and demand network. This platform connects, controls, and automates energy demand through machine learning, enabling customers across various sectors such as industrial, manufacturing, logistics, and transport to access utility-scale renewable energy generation and battery storage. By bridging the gap between distributed energy resources and electricity markets, GridBeyond empowers its clients to maximize opportunities and enhance grid efficiency while supporting their transition towards sustainable energy practices.
BRITE Energy Innovators
Grant in 2024
BRITE Energy Innovators is an incubator located in Warren, Ohio, dedicated to supporting energy technology startups. Established in 2010, BRITE provides crucial resources, guidance, and connections to help these companies develop their products and bring them to market. With a strong emphasis on energy technologies, BRITE offers advanced materials, electronics, efficiency, and control systems as part of its comprehensive support. The organization features well-equipped laboratories for testing and developing energy storage and IoT solutions, making it accessible for startups and businesses of all sizes. Additionally, BRITE hosts coworking memberships and event spaces to foster collaboration and innovation. Since its inception, BRITE has assisted over 200 startups and has played a significant role in helping them secure in excess of $60 million in funding.
RedoxBlox specializes in thermochemical energy storage technology aimed at decarbonizing high-temperature industrial thermal processing and enhancing natural gas power production. The company's innovative system significantly reduces carbon and nitrogen oxide emissions while integrating seamlessly with existing infrastructure to improve grid resilience. By providing a cost-effective alternative to fossil fuels, RedoxBlox enables continuous energy discharge at high temperatures, thereby facilitating the transition to renewable energy sources. The technology is designed to support industrial processors and power plant operators in achieving greater safety, resiliency, and lower capital costs, ultimately allowing industries to effectively leverage large-scale, long-duration energy storage.
BiaTech Corporation is focused on advancing digital technologies that address the challenges of energy and industrial decarbonization. Recognizing the significance of energy, chemistry, and material science, the company collaborates with industry leaders to develop innovative solutions that leverage artificial intelligence, machine learning, simulation, and digital twins. By employing these cutting-edge technologies, BiaTech aims to help clients reduce their carbon footprint and meet sustainability objectives. Through its commitment to technological advancement, BiaTech is positioning itself as a key player in the transition towards a more sustainable future.
Shifted Energy
Grant in 2023
Shifted Energy, Inc. is a technology company based in Honolulu, Hawaii, that specializes in transforming electric water heaters into demand response assets that support grid stability and facilitate the integration of renewable energy sources. Founded in 2014, the company offers innovative software solutions and controllers, including Grid Maestro, a virtual power plant, and Tempo, a retrofit controller for electric water heaters. Their technology enables the consumption of excess renewable energy by preheating water while optimizing hot water availability through advanced algorithms. Additionally, Shifted Energy provides rapid demand response capabilities and value-added services such as leak detection, maintenance alerts, and automated power management for unoccupied units. By focusing on electric water heaters and other grid-interactive devices, Shifted Energy enhances the efficiency of energy resources and improves the overall experience for utilities, energy aggregators, building managers, homeowners, and renters.
1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.
Planted Solar
Venture Round in 2023
Planted Solar is a company focused on transforming the solar power industry through innovative design and installation methods. By leveraging advanced development software and construction robots, the company constructs flexible, high-density solar power plants that can be deployed on previously unsuitable land. This approach allows Planted Solar to generate twice as much energy per acre and complete projects three times faster than traditional methods. The company's objective is to facilitate rapid solar development, making clean and abundant energy accessible to businesses and corporations while optimizing their energy management. With a mission to accelerate the transition to renewable energy, Planted Solar aims to significantly enhance the efficiency and effectiveness of solar energy deployment.
Climate Robotics
Grant in 2023
Climate Robotics is a company focused on developing advanced robotics and artificial intelligence aimed at addressing climate change and improving soil health. Founded in 2020 and based in the United States, the company creates technology designed to sequester carbon effectively. One of its key innovations, the pyrobot, identifies degraded or blighted land in urban and peri-urban areas and transforms biomass waste on-site into biochar. This process not only aids in carbon capture but also enhances soil quality, contributing to the company's goal of promoting environmental sustainability.
StorEdgeAI is developing a non-wires technology platform that will enable a point-to-point connection between renewables generation and end-use at nearly 100% utilization, while also eliminating the cost allocation and permitting issues associated with electrical transmission and distribution lines, resulting in lower cost, more flexible, and faster adoption of clean energy.
Imagen Energy
Grant in 2022
Imagen Energy specializes in developing efficient and compact energy solutions. The company focuses on scaling up and commercially demonstrating cost-effective electric vehicle (EV) fast charging equipment manufactured in the United States. Their EV fast chargers are designed to optimize limited grid power availability, making them suitable for public and fleet charging locations. This technology enhances resilience and flexibility, particularly benefiting urban communities that may lack investment opportunities for EV infrastructure. Additionally, Imagen Energy offers solar energy solutions, including solar panel installations, battery storage systems, and monitoring tools. These offerings help businesses and homeowners generate clean electricity, store excess solar energy, and reduce reliance on the traditional grid, promoting energy independence.
mHUB
Non Equity Assistance in 2020
mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.
Maalka is a developer of an energy efficiency platform aimed at assisting cities and building owners in measuring, managing, and reducing their environmental impact. The company offers a suite of tools that enable organizations to track their energy, water, and waste consumption, providing critical insights for improving efficiency. By leveraging data-driven program management, Maalka empowers private organizations and agencies to automate building energy efficiency initiatives, streamline outreach and reporting efforts, and scale analytics across their building portfolios. With a focus on open, secure, and scalable solutions, Maalka facilitates the deployment of data-driven programs aligned with proven frameworks in sustainability and commercial real estate.
Hearth Labs is a New York City-based company that specializes in developing thermal-LiDAR sensors designed to enhance the understanding of thermal comfort in built environments. Their innovative technology includes a thermal light detection and ranging sensor along with an analysis platform that enables the rapid scanning of buildings to create detailed thermal digital twins. This capability allows for accurate modeling of heat transfer, identification of performance improvement opportunities, and the design of effective retrofit projects. By measuring the thermal environment, Hearth Labs aims to reduce energy consumption related to heating, ventilation, and air conditioning systems while simultaneously enhancing occupant thermal comfort.
mHUB
Non Equity Assistance in 2018
mHUB is an independent innovation center located in Chicago, Illinois, that specializes in hardtech and manufacturing. Incorporated in 2013, mHUB focuses on the development and manufacturing of physical products, including robotics, connected devices, sensors, energy technologies, medical devices, smart buildings, and unmanned vehicles. It serves as a collaborative space for startups and small businesses, fostering a community of over 428 active members, including product designers, engineers, and entrepreneurs. Since its launch in 2017, mHUB has facilitated the creation of more than 1,256 products, generated over $1.1 billion in revenue, and supported the hiring of more than 4,153 employees. The center provides essential resources such as funding, co-working space, and industry expertise, enabling innovators to transform their ideas into sustainable businesses and advance the manufacturing sector.
Solstice Energy Solutions
Venture Round in 2017
Solstice Energy Solutions uses IoT and software to enable, connect, and intelligently manage the shared-economy of distributed energy resources in emerging markets. The company was founded in 2016 and is headquartered in San Francisco, California.
Alstom is a prominent global player in the fields of power generation, power transmission, and rail infrastructure, recognized for its commitment to innovative and environmentally friendly technologies. The company specializes in developing and marketing systems, equipment, and services for the railway transport sector, including rolling stock, maintenance, modernization services, signaling, and infrastructure. These offerings can be provided separately, bundled, or as fully integrated solutions. Alstom is known for constructing the fastest trains and the highest capacity automated metros globally. Additionally, the company delivers turnkey integrated power plant solutions and associated services across various energy sources such as hydro, nuclear, gas, coal, and wind, with a strong emphasis on smart grid technologies for power transmission. With a workforce of approximately 92,000 employees, Alstom operates in around 100 countries, maintaining a significant presence, particularly in European markets.
Aptiv
Venture Round in 2008
Aptiv, headquartered in Gillingham, England, is a global technology company specializing in mobility solutions. It offers a range of products and services, including electrical components and systems for vehicles, advanced safety and user experience features, and over-the-air (OTA) software lifecycle and data management services. Aptiv's customer base is diverse, with its top 10 customers accounting for 54% of revenue, none of which are dominant. The company operates in 45 countries, with 14 technical centers and various manufacturing sites and customer support centers. Aptiv's mission is to deliver software capabilities, advanced computing platforms, and networking architecture to enable safer, greener, and more connected mobility solutions.