MassChallenge

MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.

Cait Brumme

Acting CEO

Cait Brumme

Managing Partner

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 Management

SeebeckCell technologies (SCT)

Non Equity Assistance in 2021
SeebeckCell Technologies(SCT) develop and manufacture carbon-negative power solution for Industrial IoTs by utilizing waste heat around them. SCT's first product utilizes ample waste heat in industrial facilities to provide power for the IoT sensors, eliminating the need for changing batteries and increasing active time.

ENERGY2GO

Non Equity Assistance in 2021
ENERGY2GO is a provider of direct solar energy recharge to small devices and built-in power banks. The integrated PowerBank can store the sun's energy and provide customers with clean energy at any time of day and in sunlight conditions.

BillBuds

Non Equity Assistance in 2021
Billbuds is a utility management company that simplifies the process of setting up and managing essential services for renters. Through its platform, users can manage all their utilities—such as electricity, gas, internet, cable, and water—from a single dashboard. Billbuds offers a feature that estimates utility costs before moving in and provides a consolidated invoice at the end of each billing cycle, which can be easily split among roommates. The platform allows for flexible payment options, enabling users to choose between a fixed monthly payment or a pay-as-you-use model. Additionally, it tracks and benchmarks utility consumption, helping renters stay informed about their usage and expenses.
Electra Vehicles, Inc. specializes in advanced battery design and control software aimed at enhancing energy storage performance for electric vehicles. Established in 2015 and headquartered in Boston, Massachusetts, the company offers EnPower, a web-based application that aids in selecting the most suitable battery cell model for specific electric vehicle applications. Following the design phase, Electra provides the EVE.Ai control algorithms, which utilize artificial intelligence to optimize battery pack performance, improving aspects such as range, efficiency, longevity, and safety through ongoing software updates. By focusing on optimizing existing battery technologies rather than developing new chemistries, Electra Vehicles aims to accelerate sustainable electrification in the automotive sector.

Heatneutral

Non Equity Assistance in 2021
Heatneutral is the future of zero emission and climate neutral heat energy.

Solarflux

Non Equity Assistance in 2021
Solarflux Energy Technologies is a flexible, clean, inexpensive solar thermal power.

Eaternity

Non Equity Assistance in 2021
Eaternity AG is a Zurich-based company that develops a software management solution tailored for the restaurant industry. Founded in 2014, Eaternity offers a platform that enables restaurant owners to gain insights into their supply chains and make informed decisions that benefit both their businesses and the environment. The core product, the Eaternity-Membership, is a web application designed to track, measure, and optimize the carbon footprint of restaurant menus. Additionally, the company provides supporting services such as the Eaternity Award, which recognizes climate-friendly meals, and Eaternity Training, which includes workshops for management and kitchen staff. Eaternity is also developing initiatives like the Eaternity event week and a corporate CSR report to further promote sustainable practices within the food industry.

SmartHelio

Non Equity Assistance in 2021
SmartHelio offers a low-cost advanced monitoring technology, e-learning, and appropriate-technology solutions. The company's products takes continuous readings, reports those results automatically, and places the results into an interpretive context that everyone can easily understand and quickly act upon.

Element 16 Technologies

Non Equity Assistance in 2021
Element 16 Technologies, founded in 2016 and based in Glendale, California, specializes in high-temperature heat energy storage systems aimed at enhancing energy efficiency for commercial and industrial facilities. The company has developed an innovative thermal energy storage technology that utilizes a molten sulfur mixture, replacing traditional molten salts and thermal oils. This advancement allows customers to minimize wasted heat in cogeneration plants, thereby improving overall efficiency and significantly reducing their carbon footprint. Through its solutions, Element 16 Technologies seeks to provide cost-effective energy management options that contribute to sustainability in the energy sector.

ThermoTerra

Non Equity Assistance in 2021
ThermoTerra develops heating and cooling technology based on a novel source of renewable energy.

EmPowerYu

Non Equity Assistance in 2020
EmPowerYu has created an intelligent Remote Monitoring System that improves healthcare, reduces costs, and improves communication between monitored persons, families and professional caregivers. The system offers a privacy-friendly remote monitoring for seniors living at home alone. A small number of strategically placed motion sensors detect daily life events like getting out of bed and preparing food. The statistical data and patterns determine "normal." Using data analytics, the EmPowerYu system alerts caregivers to usual behaviors. There are no cameras, nothing to wear, and no behavioral changes required. Allow your loved ones to age in place at home and live independently.

Teratonix

Seed Round in 2020
Developer of an energy harvesting device designed to collect energy to fuel low-power devices. The company's device is a maintenance-free power source that converts ambient radio waves to electricity helps eliminate hazardous battery waste and cuts lifetime maintenance expenses for wireless devices by a factor of 10, compared to battery power supply, thereby helping IOT manufacturers with versions of existing devices and people to eliminate battery waste and minimize regulatory compliance risk.

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

Non Equity Assistance in 2020
We break down barriers faced when changing from polluting fuel sources to cleaner alternatives by providing innovative combustion technology for heat transfer in ovens. QUEMPIN offers an efficient and low emissions gas burner for the heat sector that can reduce gas fuel consumption by at least 20%. For companies that use coal or firewood, we can offer our heat solution without investment costs. As a result, we help with the switching cost from dirty fuels to clean energy and economically viable.

ThermoAI

Non Equity Assistance in 2020
ThermoAI develops advanced machine learning algorithms and sensor technology aimed at optimizing industrial combustion processes in power plants. By leveraging IoT and artificial intelligence, the company enhances the efficiency of chemical reactions, addressing critical factors such as moisture content, atmospheric pressure, and air intake levels. Their systems continuously monitor these variables to achieve near-perfect combustion, which leads to significant fuel savings, increased energy output, extended lifespan of costly equipment, and reduced emissions. ThermoAI's solutions enable plant operators to model and enhance their operations, ultimately improving overall performance and sustainability.

EM Device

Non Equity Assistance in 2020
EM Device focuses on transforming physician ideas into practical medical products. The company has developed an innovative abscess drainage device that simplifies the loop technique for treating abscesses. This device significantly reduces the failure rate of abscess treatments by half and eliminates the necessity for follow-up visits. As a result, it enhances patient outcomes, decreases pain, and shortens the time providers spend on the procedure. Additionally, it offers a cost-effective alternative to traditional incision and drainage methods, which are often time-consuming and uncomfortable for patients. EM Device's commitment to improving medical procedures reflects its dedication to advancing healthcare solutions.

ALP Technologies

Non Equity Assistance in 2020
ALP Technologies is a renewable energy engineering start-up from London. It focuses on developing renewable energy technologies for the developing world. Since founding in 2015, it has won multiple awards and funded research and development projects such as advanced battery systems on recycled cells, novel biogas generation, and power electronic and control systems. Its small-scale power plant for developing regions uses solar, bio-ethanol, and agricultural waste to generate uninterrupted electricity. It aims to displace diesel generation and fossil fuel based power plants and leapfrog grid infrastructure in the developing world.

Eco-Adapt

Non Equity Assistance in 2020
Eco-Adapt is a company that specializes in developing electronic products for energy monitoring and predictive maintenance of industrial assets. It offers non-intrusive connected hardware along with a cloud platform that utilizes signal processing and predictive algorithms, allowing clients to effectively measure and analyze the electrical signals of their assets. Led by Laurent Laparra, Eco-Adapt also employs a team of professional consultants with expertise in environmental issues and software development. The company is supported by a committee of mentors from diverse fields such as business, media, and finance, which enhances its strategic direction and industry insights. Through its innovative solutions, Eco-Adapt aims to streamline complex processes and promote sustainability in industrial operations.

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 seeks to provide next-generation devices for storing electrical energy and aims to deliver high efficiency energy solutions. Charge2CNewCap was founded in 2014 by Rui Silva and Andre Mao de Ferro and is based in Lisbon.

Green

Grant in 2020
Green is a digital energy buying and managing platform.

iWin

Non Equity Assistance in 2019
iWin, based in Manno, Switzerland, specializes in the development of an innovative photovoltaic venetian-blind shading device that is seamlessly integrated into insulating windows without affecting their design or functionality. Established in 2019, the company aims to enhance building sustainability, as the construction sector is responsible for approximately 40% of global CO2 emissions. The patented system not only generates renewable energy on-site but also effectively controls light and solar radiation, protecting buildings from overheating in summer. iWin’s product is customizable in size and color, durable, and requires minimal maintenance, boasting a payback period of less than ten years. The company has created its first working prototype and has formed partnerships with SUPSI and Pellini Group, a leader in integral venetian blinds. With a significant market opportunity, particularly in Switzerland where around 900,000 square meters of glass façades are installed annually, iWin is poised for growth in the sustainable building sector.

Anuel Energy

Non Equity Assistance in 2019
Manufacturer of solar energy products intended to deploy solar energy systems to critically underserved communities. The company delivers solar products that deliver super bright, clean, healthy light and power to rural & peri-urban, thereby providing every primary school with sustainable, affordable solar lighting solutions.

SAMAWATT

Non Equity Assistance in 2019
SAMAWATT AG is a Swiss company that provides technology solutions for wind and solar park operators, aiming to optimize the sales of renewable energy. Founded in 2018 and based in Eysins, the company specializes in artificial intelligence-driven trading services that help producers manage risks associated with fluctuating energy production and market prices. SAMAWATT's software integrates various functions, including production and price forecasting, spot market trading strategies, battery storage optimization, and enabling peer-to-peer energy exchange. By employing advanced algorithms, the company assists its clients in reducing penalties related to electric grid imbalances and minimizing market losses, thereby contributing to a more efficient and sustainable energy trading environment.

Aeromine Technologies

Non Equity Assistance in 2019
Developer of wind energy systems technology designed for large buildings. The company wind energy systems that do not move, are safe, work silently, and can be installed along the rim of the building facing the prevailing wind direction, enabling large building owners to utilize untapped wind energy for onsite power generation.

Camberline Technologies

Non Equity Assistance in 2019
Developer of an energy platform intended to read electricity usage and support energy conservation practices. The company's platform delivers billing-ready data to their billing systems using existing data exchange interfaces and standards, enabling consumers to get attractive incentives to change the habit of using electricity.

Blackburn Energy

Grant in 2019
Blackburn Energy, Inc. specializes in renewable electric power solutions for the commercial trucking industry through its product, RelGen. This innovative technology captures kinetic energy from the driveshaft of long-haul trucks and converts it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to be used for various truck subsystems such as liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous driving features. By reducing the reliance on engine idling, Blackburn Energy's solution not only lowers fuel and maintenance costs but also enhances operational efficiency and profitability for fleet operators. The technology has been validated by research from the University of Massachusetts Lowell, demonstrating significant fuel savings and substantial reductions in carbon emissions. Founded in 2008, Blackburn Energy is headquartered in Amesbury, Massachusetts.

CBC Wind Energy

Non Equity Assistance in 2018
Developer of a hidden-in-plain-sight (HIPS) wind energy system designed to survive environmental extremes and produce energy through critical conditions. The company's system features a stationary wind-concentrating enclosure to intercept the wind, create a vortex, and focus its energy in a chamber at the center of the enclosure which dynamically changes size and shape responding to ambient wind speed and direction, optimizing airflow and power production, enabling people in urban areas to avail efficient, attractively priced wind turbines to be mounted on homes and other structures to meet the growing demand for alternative power supplies.

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.

LGM

Non Equity Assistance in 2018
LGM technology is a and unique energy management system, which optimizes power generator. The technology can increase the efficiency of wind turbines and other power generators by 30%.

Qubeicon

Non Equity Assistance in 2018
Qubeicon delivers a renewable energy miniature chip, replacing batteries by aggregating light/vibration/heat energy for the use in wearable and health care products. They develop the new system start-up, the innovative company branch, the IoT maker or any interested entity and make chip-like package system module less than a fraction of a comparable SOC, SIP cost. Qubeicon was founded by Shimon Podval.

Brightmerge

Non Equity Assistance in 2018
Brightmerge Ltd. develops and provides an enterprise SaaS platform for optimizing renewable energy microgrids. Its platform provides an AI-based suite of products to energy professionals for use in developing, designing, and operating renewable energy microgrids. The company serves microgrid developers, financial experts, and microgrid energy operators. Brightmerge Ltd. was founded in 2018 and is based in Tel Aviv-Yafo, Israel.

Yotta Energy

Non Equity Assistance in 2018
Yotta Energy Inc. is a manufacturer of innovative solar storage solutions based in Austin, Texas, established in 2016. The company specializes in the SolarLEAF, a modular energy storage device that integrates seamlessly with photovoltaic panels, designed to lower costs and enhance the development of energy storage and grid resiliency. The SolarLEAF features passive thermal regulation, providing efficiency and ease of installation compared to traditional centralized systems. Additionally, Yotta Energy offers SolarPLEXUS, a gateway that streamlines information flow within the storage system, allowing for automated management and optimization of individual SolarLEAF units. The company also provides a software platform that aggregates energy potential from various systems, aiding utilities in grid management and enabling system owners to optimize their energy usage and reduce costs. Yotta Energy serves a diverse clientele, including commercial businesses, remote sites, and emerging economies, focusing on enhancing energy solutions and sustainability.

Iluméxico

Grant in 2017
ILUMÉXICO is a B-Corporation whose mission is to catalyze grow through solar energy in the most remote communities of Mexico.It is a social enterprise that promotes development through rural electrification to communities with high and very high marginalization in Mexico. They uspromote access to energy through microfinance schemes, long-term service and training in the use and maintenance of technology. Also believe that energy is a platform to foster development, promote building programs and workshops on various topics such as community organization, gender equity and financial inclusion.

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.

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.

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.

MEMBRASENZ GmbH

Grant in 2017
MEMBRASENZ GmbH was founded in June 2015 by Dr. Jelena Stojadinovic and Prof. Dr. Fabio La Mantia. The company's mission is to supply innovative gas separator solutions for electrolyzers’ industry and make hydrogen universally accessible. Moreover, MEMBRASENZ’s vision is to be the supplier of resource supporting products enabling the sustainability of sense and integrity based energy systems. The company is a spin-off of the Center for Electrochemical Sciences at the Ruhr-University Bochum. MEMBRASENZ has been supported by German Ministry of Economy and Energy BMWi (EXIST grant), Cluster of Excellence RESOLV "Ruhr Explores Solvation" and Horizon 2020 EU Framework Programme for Research and Innovation.

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.

eMovements

Grant in 2016
eMovements GmbH, established in 2015 and headquartered in Stuttgart, Germany, specializes in electric mobility solutions, including electric vehicles and eBikes, as well as electric rollators designed for senior citizens. The company focuses on developing technologies that enhance mobility by prioritizing security and comfort. Its electric rollators incorporate features such as anti-theft mechanisms, location tracking, lighting, automatic braking systems, and speed adjustment, ensuring safe and convenient travel for users. eMovements also maintains additional offices in Düsseldorf and Berlin, further supporting its commitment to promoting electric mobility.

CoolComposites

Grant in 2016
CoolFlux is an additive for building materials that automatically regulates indoor temperature to keep you comfortable. When it gets warm outside CoolFlux traps heat that would otherwise enter your building. At night, it automatically releases that heat and recharges for the next day.

Surge Hydro

Grant in 2016
Surge Hydro is focused on ushering hydroelectric facilities into the twenty-first century. By implementing innovative and progressive technology they will provide their communities and their clients smart energy for generations to come. The vast majority of existing dams in the U.S.—more than 90 percent, or 80,000 dams—don’t produce electricity. They know that in order to secure their future these facilites will need to be brought online. They envision communities running on independent sustainable grid networks, operating with minimal transmission losses, and being responsible for their own power consumption and production. With this vision in mind, they know that hydropower will be vital in the growth of clean energy infastructure. They pledge to be on the forefront of clean technology and integral to the success of hydroelectric power production. They will be successful in developing hydroelectric facilities by integrating disruptive idea’s with efficient and safe operations. This allows Surge Hydro to efficently and intelligently reduce costs, providing their investors with steady and consistent returns. Simply, they endeavor to administer reliable, sustainable & renewable clean energy for an evolving world.

Smart Home Technology

Grant in 2016
Smart Home Technology GmbH, founded in 2014 and based in Zurich, Switzerland, specializes in developing smart devices and home automation products. The company is committed to enhancing existing systems by offering ultra-low power, reliable, and cost-effective solutions that leverage advanced technology and scientific research. Its innovative zero-standby power technology enables the operation of electrical devices, including household appliances, without standby losses, contributing to energy efficiency. Smart Home Technology focuses on a comprehensive approach, addressing security and communication concepts while delivering power-efficient systems and smart software tailored for business customers in the cleantech and smart home sectors.
Oorja aims to provide clean energy access to 450 million un/underelectrified people in rural Indian communities. They deploy smart micro-grids powered by biomass gasification and solar PV systems to generate, store and transmit reliable and affordable electricity to SMEs as anchor load and low-income households. They use a scaleable community-owned business model to leverage energy provision as a catalyst for socio-economic development to alleviate poverty, empower women and tackle climate change.

Insolight

Grant in 2016
Insolight is an energy company that develops and manufactures solar panels. Insolight has developed solar modules with record efficiency 29 percent to reduce residential solar electricity costs below 0.1 $/kWh. Its innovative optical technology combines high efficiency with the ease of mounting of a standard flat panel. Insolight has successfully passed third-party validation at Fraunhofer ISE (36% efficiency on Lab prototype) and at the UPM in Madrid (29% on pre-industrial module). Its business model is to develop the IP, control wholesale distribution and outsource manufacturing. The company was founded in 2015.
Electra Vehicles, Inc. specializes in advanced battery design and control software aimed at enhancing energy storage performance for electric vehicles. Established in 2015 and headquartered in Boston, Massachusetts, the company offers EnPower, a web-based application that aids in selecting the most suitable battery cell model for specific electric vehicle applications. Following the design phase, Electra provides the EVE.Ai control algorithms, which utilize artificial intelligence to optimize battery pack performance, improving aspects such as range, efficiency, longevity, and safety through ongoing software updates. By focusing on optimizing existing battery technologies rather than developing new chemistries, Electra Vehicles aims to accelerate sustainable electrification in the automotive sector.

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.

Solstice

Grant in 2016
Solstice Power Technologies, Inc. develops customer management software for solar power companies. It provides an online platform for solar marketplace that offers subscriber aggregation and management services to solar developers, utilities, and other providers of shared solar energy. Solstice Power Technologies, Inc. was formerly known as Solstice Initiative, Inc. The company was founded in 2014 and is based in Cambridge, Massachusetts.

Energy Harvesters LLC

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.

Carbon Analytics

Grant in 2015
Carbon Analytics Limited, founded in 2013 and based in London, UK, specializes in developing cloud-based solutions for carbon emissions management. The company provides an online platform that integrates with existing accounting systems to automatically measure and report on carbon footprints and environmental impacts. This platform transforms readily available data into comprehensive carbon footprint analyses, guiding businesses toward improvements and facilitating environmental certification. By catering to both small businesses and larger enterprises, Carbon Analytics aims to streamline the management of environmental impact, enabling clients to enhance their reputation, engage customers and employees more effectively, and achieve energy efficiency and cost savings. Notable clients include Urban Film Club, Natural Systems Utilities, and Astrobotic, while the company has formed strategic partnerships with organizations such as Good Energy and ClimateCare.

Renovagen

Grant in 2015
Renovagen has developed a patented transportable solar power system which enables PV arrays of up to 100kWp to be deployed from a 20ft ISO standard shipping container. It is a solar power system called "RAPID ROLL" - a complete "micro-grid in a box" solution which includes a solar field that can be unrolled "like a carpet" in 2 minutes. Compared with existing solutions, it produces 10 times more power and can be deployed much more quickly. Ideal for military, disaster relief and remote industrial operations such as mining, the Renovagen system addresses the need for high power, transportable renewable energy systems which can eliminate the high costs of delivering fuel and maintaining diesel gensets in remote locations.

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.

Sunwealth

Grant in 2015
Sunwealth is a clean energy investment firm focused on enhancing the commercial solar sector. The company employs a proprietary methodology to identify and invest in high-performing solar projects, facilitating the growth of its Solar Impact Fund. This fund enables rapid scaling of investments in commercial solar assets, providing investors with the opportunity to engage in a diversified portfolio that generates both financial returns and clean energy. Sunwealth's platform combines its expertise in solar technology with extensive investment experience, allowing businesses, municipalities, and non-profit organizations to achieve substantial financial benefits while accessing efficient solar power. Through its innovative approach, Sunwealth aims to create a positive impact on the environment and deliver meaningful returns to its investors.

Blackburn Energy

Non Equity Assistance in 2015
Blackburn Energy, Inc. specializes in renewable electric power solutions for the commercial trucking industry through its product, RelGen. This innovative technology captures kinetic energy from the driveshaft of long-haul trucks and converts it into electricity via a custom alternator. The generated power is stored in a battery array, enabling it to be used for various truck subsystems such as liftgates, electric auxiliary power units (APUs), and sensors for driver-assist and autonomous driving features. By reducing the reliance on engine idling, Blackburn Energy's solution not only lowers fuel and maintenance costs but also enhances operational efficiency and profitability for fleet operators. The technology has been validated by research from the University of Massachusetts Lowell, demonstrating significant fuel savings and substantial reductions in carbon emissions. Founded in 2008, Blackburn Energy is headquartered in Amesbury, Massachusetts.

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.

Evaptainers

Grant in 2014
Evaptainers, LLC, founded in 2014 and headquartered in Somerville, Massachusetts, specializes in manufacturing mobile refrigeration units that operate without electricity. Originating from a Massachusetts Institute of Technology class focused on improving global living conditions, the company has developed innovative modular refrigeration systems that utilize evaporative cooling technology. This method is less energy-intensive than traditional refrigeration and effectively extends the shelf life of agricultural products, potentially tripling or quadrupling their longevity. The units are designed for use along the agricultural supply chain, allowing farmers in developing countries to preserve perishable goods using only sunlight and water. With a focus on modern materials and improved design, Evaptainers has created durable and user-friendly devices that are patent pending and currently unmatched in the marketplace.

Agira

Grant in 2014
Agira’s business model helps solar panel manufacturers become profitable by reducing panel cost and increasing manufacturing capacity by using optics technology. Active solar cells constitute 60% of a solar panel’s cost and are its most capital, energy, and time intensive component. Agira’s optics enable manufacturers to produce solar panels using only a fraction of the solar cells currently required.

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.

Raja Systems

Grant in 2013
Raja Systems specializes in electrification services for off-grid or poorly grid-connected locations, utilizing advanced software to optimize power system operations. The company focuses on hybrid power systems that typically combine diesel generators, solar photovoltaic (PV) panels, and battery storage. By forecasting solar production and electricity consumption, Raja Systems enables users to make informed decisions about resource utilization. This approach not only enhances the coordination of diverse energy sources but also significantly reduces diesel consumption, cutting overall electricity generation costs by up to 50%. Their services cater to various industries, including architecture, hospitality, agriculture, property development, and telecommunications, helping clients lower operational expenses and reduce capital costs effectively.

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.

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.
Black Island Wind Turbines specializes in manufacturing high-performance wind turbines designed to operate in challenging environments. Their HRX-series, particularly the HR3 model, is engineered for reliability and efficiency, having proven its durability in extreme conditions, such as those found in Antarctica with winds exceeding 200 mph. These wind turbines cater to clients seeking robust and dependable solutions for harnessing wind energy, making them suitable for critical applications and demanding operational requirements. By focusing on high-reliability options, Black Island Wind Turbines aims to meet the needs of customers who require performance in tough terrains while contributing to sustainable energy production.

Dynamo Micropower

Grant in 2012
Dynamo Micropower Corporation specializes in developing fuel-flexible gas turbines designed for small distributed generation applications in the oil and gas industry. The company's notable products include PowerCore, which provides continuous power for oilfield operations, and Infernocore, a flameless turboheater. Dynamo's innovative turbine-based solutions offer grid-like power quality while significantly reducing energy costs, with the capability to operate on local unrefined gas, achieving savings of up to 80%. The company also delivers custom power solutions tailored to the specific needs of its clients, facilitating plug-and-play installation on flare gas. Dynamo has established a network of distributors and service partners to support its offerings. Founded in 2011 and based in Somerville, Massachusetts, Dynamo has successfully deployed multiple turbines for prominent customers in the industry.

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.

ThinkLite

Grant in 2011
ThinkLite is a global company specializing in lighting efficiency solutions for commercial clients and government entities. Based in Natick, Massachusetts, it operates in over 14 countries, offering custom designs, manufacturing, distribution, and installation of energy-efficient retrofit solutions. The company utilizes proprietary LED and Induction technologies that are tailored to fit existing infrastructures, aiming to enhance aesthetics while significantly reducing energy costs. ThinkLite provides a comprehensive range of services, including energy audits, analysis, product delivery, installation, warranties, and guaranteed energy savings, helping both businesses and households lower their initial investments and monthly lighting expenses.

Resolute Marine

Grant in 2011
Resolute Marine Energy, Inc. is a Boston-based company founded in 2007 that specializes in developing wave energy converters to generate clean energy from ocean waves. The company focuses on harnessing ocean wave energy for power generation and transporting seawater to onshore desalination facilities, effectively producing potable water and electricity. Its technology serves various commercial applications, including open-ocean aquaculture, seawater desalination, and ocean observation systems. By providing wave-driven power services, Resolute Marine Energy aims to support sustainable development, align water supply and demand in water-stressed areas, and contribute to the reduction of carbon emissions. The company has received grants from the Department of Energy and was recognized as the 2010 winner of the Global Entrepreneurship Week's Startup Open competition.

SmarterShade

Grant in 2011
Imagine - being able to electronically darken a window with the flip of a switch.SmarterShade is an emerging clean technology that does just this. Windows, skylights and other glazings made with SmarterShade can be darkened on command. As part of a daylighting/natural heating strategy, this technology has the potential to save the United States billions in energy costs. SmarterShade is a concept from Lono, LLC, a company based in South Bend, Indiana. Through their own proprietary technology, they have developed an aftermarket application for selectable tint on windows that:
Solar Engineering Solution (SES) offers breakthrough solar thermal technologies to deliver clean and cost-efficient cooling and heating solutions for commercial buildings. Heating, cooling, and hot water account for more than 40% of total energy use in buildings (over $170 B/yr), and represents 10% of US CO2 emission. Our solar thermal collector, smart control and other innovations, enable building owners to achieve payback within 3-5 years by a typical 85% reduction in energy operating costs.
Clean Energy Innovations develops and markets a proprietary process capable of delivering an increase of at least 25% in the energy extracted from a battery during one discharge cycle. The CEI process promises to be a critical factor in the growth of rechargeable batteries which is expected to be a $50 billion market by 2015. Despite large R & D investment in the industry, the rate of performance improvement is relatively slow. Dramatic improvements in cost, performance, or weight of rechargeable batteries will add high value to the end products where they are used. The CEI reproducible laboratory test results of its patent pending process, IPS™ (Interfacial Process Stimulation), demonstrate its claims for significant performance improvements in both Nickel Metal Hydride and Lithium Ion batteries. The process will work with any type of rechargeable battery. The IPS™ process can be readily integrated into existing control systems, by adding a simple low cost logic component into the battery power management modules. This means there is a minimal amount of incremental development and incremental bill-of-material cost. This is a disruptive technology which brings immediate performance results that match the more costly industry developments underway in battery chemistries and controls. Through the implementation of software-driven advances in the operating system of the battery, IPS™ achieves clear improvements, but is also compatible and synergistic with these R & D efforts. Key is that CEI’s process has been shown to be far more cost effective - it achieves the same results with a lower investment by at least four orders of magnitude. CEI seeks partnership arrangements with market leaders where IPS™ will be a major driver to advances within important industry sectors such as mobile devices, electric vehicles and storage for renewable energy installations. CEI has a passion for solutions that support the major global objectives for environmental health and security, energy independence, and economic growth. CEI believes that IPS™ will have a major impact on these important objectives.

SolSolutions

Grant in 2010
SolSolutions mission is to simultaneously generate clean electricity and improve the quality of education in underprivileged schools.They adapt the proven, for-profit, solar Power Purchase Agreement model to make SolSolution a high-impact social enterprise. Instead of distributing profit to shareholders, they reinvest it into school budgets. They are planning a Dorchester, MA pilot installation.Their vision is to install 1GW of capacity by 2020 and shift >$800M to educational budgets by 2040.

Zero Carbon

Grant in 2010
ZCI Carbon to Methanol technology reduces greenhouse gasses while boosting energy independence and the bottom line.

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.

Resolute Marine

Grant in 2010
Resolute Marine Energy, Inc. is a Boston-based company founded in 2007 that specializes in developing wave energy converters to generate clean energy from ocean waves. The company focuses on harnessing ocean wave energy for power generation and transporting seawater to onshore desalination facilities, effectively producing potable water and electricity. Its technology serves various commercial applications, including open-ocean aquaculture, seawater desalination, and ocean observation systems. By providing wave-driven power services, Resolute Marine Energy aims to support sustainable development, align water supply and demand in water-stressed areas, and contribute to the reduction of carbon emissions. The company has received grants from the Department of Energy and was recognized as the 2010 winner of the Global Entrepreneurship Week's Startup Open competition.

7Solar Technologies

Grant in 2010
7Solar Technologies converts sunlight into heating AND cooling for buildings in a single, integrated solution. Their system integrates proprietary PV/Thermal collectors, solar air-conditioning, and software that proactively minimizes energy costs. The net result is a system that produces 4 times more energy per m2 of surface area than standard PV and they offset the entire heating and cooling load of a building. The ROI on their system is less than 3 years and less than 5 years without government incentives.

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.
Energesis Pharmaceuticals is a biopharmaceutical company focused on the discovery and development of drugs to treat obesity, diabetes, and related metabolic diseases. Our novel approach seeks to increase the body's energy expenditure, the first to specifically target the expenditure rather than the intake side of the weight maintenance equation.
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