⚡ Eneryield, a young company founded in Gothenburg in 2019, has created a solution that can detect power grid faults before they occur. The company has recently gained wide attention and was named one of the best startups in Sweden 2024. – A key feature of IntelliView is its sensorless Explainable AI technology, which provides clear explanations for its predictions. This transparency allows operators to understand the root causes of potential faults, including the type, location, and timing, facilitating informed decision-making, says Johan Rådemar, co-founder and COO at Eneryield.
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Belgian startup Powernaut has raised €2.4 million to advance decentralised energy grid solutions, tackling renewable energy challenges with its orchestration software for devices like solar panels, EVs, and batteries. The funding round was led by Revent, joined by Seedcamp, Pitchdrive | Early-stage VC 🚀, and Syndicate One. Powernaut, founded this year, is already managing over 200MW of decentralized assets and aims to expand its impact beyond Belgium. Cate Lawrence | Tech.eu https://lnkd.in/efREZzNn #CleanTech #Sustainability #ESG
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We look forward to seeing everyone at M-Lab | Open Innovation Platform's event "M-Lab Ignite 2024 -Sustainability Challenges" this Friday. Join us to see presentations from the following startups: Arbor Energy, a carbon-negative power company founded by SpaceX veterans who turned their focus from exploring space to saving Earth. Its novel power system turns organic waste into a reliable source of clean electricity while extracting pure, storable carbon dioxide at scale. Carbon Direct, the leader in science-based carbon management. Marathon Fusion, designs, engineers, and scales next-generation fuel-processing technologies to enable the deployment and scale-up of fusion power plants. Gross-Wen Technologies , a wastewater treatment technology company that uses algae to recover nitrogen and phosphorus from wastewater. Register using this link: https://lnkd.in/gb6DbVsN
M-Lab Ignite 2024 -Sustainability Challenges-
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Innovators, energy entrepreneurs, and cleantech startups! Only 3 weeks left to apply to EPRI's Incubatenergy Labs 2025 Challenge: https://lnkd.in/ehw9matc This year's application categories include #EnergyStorage; Digital Transformation and #AI, #Decarbonization, #Sustainability, and #EnvironmentalImpact; #DistributedEnergyResourcesIntegration and #GridEdge #Technology; #ElectricVehicle Integration; #GridModernization, #Resilience, and #LoadGrowth; Advanced #InspectionTechnologies; #WorkforceDevelopment and #Safety; #CustomerResilience and #Engagement. Don't miss the opportunity for rapid assessment of your technology by EPRI and utility subject matter experts and potential pilot project funding by EPRI utility members. The results from demonstrations lead to startup scaling, commercialization, and widespread information sharing. Incubatenergy Labs is a leader in cost-efficient and timely technology validation.
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🔥 Calling #cleanenergy startups! Apply to Incubatenergy® Labs’ 2025 Challenge to participate in a paid demonstration project with EPRI and a member energy provider company. Start your application today: https://lnkd.in/ehw9matc Challenge areas: • #EnergyStorage • Digital Transformation and #AI • #Decarbonization, #Sustainability, and #EnvironmentalImpact • #DistributedEnergyResourcesIntegration and #GridEdgeTechnology • #ElectricVehicle Integration • #GridModernization, #Resilience, and Load Growth • Advanced Inspection #Technologies • #WorkforceDevelopment and #Safety • #CustomerResilience and #Engagement
What is Incubatenergy® Labs?
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🚀 We’re proud to start an introductory series about our startups in the current Deeptech Batch. We’ll begin with the recent interview with enzum, a startup that's revolutionising #battery efficiency with advanced machine learning forecasting. 🔋Tell us a bit about your startup and the problem it aims to solve. What inspired you to start this company? enzum develops advanced software solutions to tackle inefficiencies in renewable energy integration and battery management. Our AI-driven system optimizes battery cycles, enhances transparency in battery health, and maximizes energy trading revenues. Inspired by the need for efficient #energy storage in Europe, we're committed to supporting the transition to cleaner energy with our cutting-edge solutions. 🌍 How does your technology contribute to environmental sustainability? Our technology enhances #sustainability by optimizing renewable energy use and reducing energy waste. We improve integration and efficiency of renewable sources, minimize reliance on fossil fuels and lower greenhouse gas emissions. We support a cleaner, greener energy market by prolonging battery lifespan and stabilizing the energy grid. 💡How does your solution differ from existing alternatives in the market? Enzum stands out with its intelligent charging schedule that optimizes renewable production, market prices, and battery health. We generate additional revenue through energy trading and ensure reliability with predictive maintenance features. Our hardware-agnostic approach ensures seamless integration with various storage systems, targeting niche markets & forming strong partnerships. 🤝 Gratitude to mentors & supporters! The coolest Enzum founders Mary Boryslawska and Ana Gerlich acknowledge and thank the following individuals for their massive help, support and mentoring to Enzum: Siim Teller, Jana Budkovskaja, Anton Ossipovski, Tsolmon Finch, Matthias Laug, Martin Schilling, Brian Daly. 🚀 Mary (CEO & co-founder of enzum) highlighted that being part of the Beamline Accelerator Deeptech Batch has been transformative: “We've gained invaluable #mentorship, refined our strategies, and enhanced our technology. The network has opened doors to potential partners, investors, and clients, fostering collaboration and driving our growth.” Enzum girls, let’s rock the new era of energy efficiency together! 🌱💡 #BeamlineAccelerator #beamlinedeeptechbatch #startup #renewableenergy #energystorage #sustainability #innovation #AI #machinelearning #cleanenergy #enzum
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Double impact means when a collaboration is joined by a second. With the Free Electrons Program and parallel Start Up Energy Transition partnership, E.ON Group Innovation enables most promising startups to apply to two leading startup programmes with just one application: You can directly apply here: 👇
🚀 𝐒𝐄𝐓 𝐀𝐰𝐚𝐫𝐝 𝐱 𝐅𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐬: 𝐎𝐧𝐞 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐃𝐨𝐮𝐛𝐥𝐞 𝐭𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭! We're teaming up again with E.ON Group Innovation to bring back the double application opportunity for the #SETAward2025 and the Free Electrons Program! Apply for the SETAward 2025, and not only will you be in the running for a €10,000 cash boost and a chance to take the spotlight at the SET Tech Festival in Berlin, but you'll also automatically be considered for the Free Electrons Program—giving your startup two chances to accelerate your impact with just one application. 𝐖𝐡𝐲 𝐅𝐫𝐞𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐬? 🤝 Work with their utility partners like E.ON, EDP, ESB, Origin Energy, CLP, JERA Co., Inc., Hydro Québec on real-world projects 🚀 Unlock growth with local ecosystems and mentors 📈 Scale through both physical pilots and digital pathways. 🌍 Double Your Chances, Double Your Impact: Apply for the SET Award 2025 and automatically enter the Free Electrons Open Innovation Program—giving you two powerful platforms to elevate your startup. Last year, Over Easy Solar, QEA Tech and Pix Force took advantage of this opportunity in our 9th edition, and now they’re finalists in the Free Electrons program. Will your startup be the next to rise? Apply before October 29, 2024 👉 https://t.ly/zMV4f More about #FreeElectrons 👉 https://lnkd.in/de3xKrtd Deutsche Energie-Agentur GmbH (dena) | World Energy Council | Bundesministerium für Wirtschaft und Klimaschutz #TechForNetZero #SET25 #climatetechstartups #HumanisingEnergy
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We are co-hosting the event "M-Lab Ignite 2024 - #Sustainability Challenges" on Friday November 1st. We invite our network to attend this #event to connect with the following #climate #tech #startups: Arbor Energy, a carbon-negative power company founded by SpaceX veterans who turned their focus from exploring space to saving Earth. Its novel power system turns organic waste into a reliable source of clean electricity while extracting pure, storable carbon dioxide at scale. Carbon Direct, the leader in science-based carbon management. Marathon Fusion, designs, engineers, and scales next-generation fuel-processing technologies to enable the deployment and scale-up of fusion power plants. Gross-Wen Technologies , a wastewater treatment technology company that uses algae to recover nitrogen and phosphorus from wastewater. You can also attend the event to connect with the #CVC and #innovation teams of the top #Japanese #corporates from M-Lab including: Mitsubishi Corporation (Americas) ENEOS Tokio Marine Group Mitsubishi HC Capital America, Inc. Mitsubishi Research Institute Yazaki Corporation Mazda North American Operations Nitto Denko Corporation Takenaka Corporation Register for free using this link: https://lnkd.in/gb6DbVsN
M-Lab Ignite 2024 -Sustainability Challenges-
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I’m so excited that we have started a series of posts about our startups from the current Deeptech Batch. Be sure to follow the Beamline Accelerator page on LinkedIn. What we publish there can be interesting to two groups of people: investors looking for the best #cleantech technologies and founders seeking opportunities to develop their startups. Today, we are sharing a short interview with enzum, a startup revolutionizing battery efficiency using advanced AI methods. I am proud to be part of a team that supports startups like enzum. Their approach to solving energy efficiency problems and integrating renewable energy sources is incredibly important for our future. Enzum’s AI-based solution optimizes battery life cycles, enhances battery health transparency, and maximizes energy trading revenues. Altogether, it sounds like magic. But that’s how truly innovative solutions should be characterized. Effective energy management is a key element in the transition to a sustainable energy future. According to BloombergNEF, the global capacity of installed energy storage systems is expected to grow to 411GW by 2030. That is 15 times the 27GW/56GWh of storage that was online at the end of 2021. Therefore, the importance of innovations like those offered by enzum is colossal! Hooray for the amazing female founders Mary Boryslawska and Ana Gerlich and the entire team working on the startup.
🚀 We’re proud to start an introductory series about our startups in the current Deeptech Batch. We’ll begin with the recent interview with enzum, a startup that's revolutionising #battery efficiency with advanced machine learning forecasting. 🔋Tell us a bit about your startup and the problem it aims to solve. What inspired you to start this company? enzum develops advanced software solutions to tackle inefficiencies in renewable energy integration and battery management. Our AI-driven system optimizes battery cycles, enhances transparency in battery health, and maximizes energy trading revenues. Inspired by the need for efficient #energy storage in Europe, we're committed to supporting the transition to cleaner energy with our cutting-edge solutions. 🌍 How does your technology contribute to environmental sustainability? Our technology enhances #sustainability by optimizing renewable energy use and reducing energy waste. We improve integration and efficiency of renewable sources, minimize reliance on fossil fuels and lower greenhouse gas emissions. We support a cleaner, greener energy market by prolonging battery lifespan and stabilizing the energy grid. 💡How does your solution differ from existing alternatives in the market? Enzum stands out with its intelligent charging schedule that optimizes renewable production, market prices, and battery health. We generate additional revenue through energy trading and ensure reliability with predictive maintenance features. Our hardware-agnostic approach ensures seamless integration with various storage systems, targeting niche markets & forming strong partnerships. 🤝 Gratitude to mentors & supporters! The coolest Enzum founders Mary Boryslawska and Ana Gerlich acknowledge and thank the following individuals for their massive help, support and mentoring to Enzum: Siim Teller, Jana Budkovskaja, Anton Ossipovski, Tsolmon Finch, Matthias Laug, Martin Schilling, Brian Daly. 🚀 Mary (CEO & co-founder of enzum) highlighted that being part of the Beamline Accelerator Deeptech Batch has been transformative: “We've gained invaluable #mentorship, refined our strategies, and enhanced our technology. The network has opened doors to potential partners, investors, and clients, fostering collaboration and driving our growth.” Enzum girls, let’s rock the new era of energy efficiency together! 🌱💡 #BeamlineAccelerator #beamlinedeeptechbatch #startup #renewableenergy #energystorage #sustainability #innovation #AI #machinelearning #cleanenergy #enzum
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Ucaneo: German CO2 removal technology startup captures €6.75M seed funding Berlin-based climate tech startup Ucaneo has successfully raised €6.75M in seed funding to advance its cutting-edge direct air capture (DAC) technology. The funding round was led by prominent hardware and industrial energy investors, including Smart Energy Innovationsfonds (SEIF) by Energie 360° and IBB Ventures, with participation from Plug and Play Sustainability Fund and existing investors such as Grantham Environmental Trust and Carbon Removal Partners. This capital injection will enable Ucaneo to build one of Germany’s largest DAC testing facilities and develop its first industrial-scale product. Ucaneo’s co-founder and CEO, Florian Tiller, said: “This is a pivotal moment for our company. The growing recognition of the critical need for CO2 removal technologies, coupled with increasing regulatory support, positions Ucaneo at the forefront of this transformative sector. This funding round testifies our progress and potential, enabling us to quickly build one of the most cost-efficient, scalable and mass-producible Direct Air Capture systems, delivering a sustainable solution for CO2 removal or utilisation processes at any location and scale.” Innovative electrochemical technology inspired by nature Ucaneo’s breakthrough CO2 removal technology is modelled on the human lung’s ability to manage CO2, using an electrochemical process that operates at room temperature. This biomimetic approach allows the company to capture CO2 from the atmosphere, converting it into pure gas for industrial use. Their DAC system is highly energy-efficient and can operate seamlessly with renewable energy sources like solar and wind, offering a flexible, on-demand solution for CO2 removal. Commenting on the innovative system, Carla Glassl, Ucaneo’s co-founder and CTO, stated: “To scale carbon removal, we need accelerated hardware development! Ucaneo’s technology is designed for rapid iterations, leveraging proven components and established supply chains with a modular design suitable for global deployment.” #Startup #US #UK #USA #Europe #Technology #world #economy #investment #business #economic #investors #German #CO2 #BD #government #Chain #designed #system #global #deployment #chains #News
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VCLink's Daily Round Report (Part 2) 9. Matter Intelligence, an Earth observation sensor company, has raised $12 million in seed funding. The round was led by Lowercarbon Capital with participation from Toyota Ventures, Pear VC, Mark Cuban, and E2MC to power AI-driven environmental mapping tools. https://lnkd.in/eRtN-NuY 10. Tola, a cashflow management startup for SMBs, has raised $10.2 million in seed funding led by Sequoia Capital. https://lnkd.in/eQhPgp7r 11. Christina Qi's Databento, a market data provider, closes an additional $10 million in its Series A round, bringing its total raise to $30 million. Investors in this round include Belvedere Trading, LLC, Clear Street, and Lightscape Partners. https://lnkd.in/efFUnJcC 12. 🍴 Matthew Bouchner's MealMe, Inc., an API provider for food and retail ordering, secures $8 million in its Series A round led by Mercury Fund. The funds will be used to expand its B2B infrastructure and support AI and e-commerce innovation. https://lnkd.in/eEK3sHyh 13. Bifrost AI, an AI solution provider for the physical world, has raised $8 million in Series A funding led by Carbide Ventures, Airbus Ventures, and Peak XV's Surge. The funding will help accelerate the development of AI models for industries such as aerospace and manufacturing. https://lnkd.in/ebNRXfQf 14. Toffer Winslow's Diffblue, an AI-powered platform automating unit test generation for Java code, has raised $6.3 million to further enhance Diffblue Cover. Citi Ventures and IP Group are among the investors. https://lnkd.in/ewFMFise 15. UK-based Definition Health has raised £5.75 million (~$5.75 million USD) in pre-seed funding to optimize digital surgical care pathways with predictive AI. The platform, poised for U.S. market expansion, has already made cost-saving impacts within the NHS. https://lnkd.in/ekdk_-bK 16. CREW Carbon, a climatetech company focused on CO2 removal at wastewater facilities, secured $5.3 million in seed funding led by Counteract. ReGen Ventures, ANIMO Ventures, and others also participated to help scale their biogenic CO2 removal technology developed at Yale. https://lnkd.in/eip9aSAA
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