European Innovation Council

The European Innovation Council (EIC), established in 2020 and headquartered in Brussels, Belgium, is dedicated to supporting high-potential innovators, entrepreneurs, small enterprises, and researchers. Its primary focus is on fostering early-stage startups that demonstrate significant environmental, social, and governance (ESG) impacts. The EIC collaborates with private investors to co-invest in ventures, particularly within the deep technology sector, aiming to drive innovation and sustainable development across Europe. By providing financial backing and resources, the EIC seeks to enhance the growth potential of promising startups and contribute to a more innovative and competitive European economy.

David Malo Jean

Director

Candace Johnson

President

Past deals in Energy Storage

BlueHeart Energy

Venture Round in 2025
BlueHeart Energy is a deep tech company that creates green technologies to significantly boost heat pump performance. BlueHeart makes use of thermo acoustics, a process that involves producing sound waves in a closed circuit to produce heat and cold. Heat pumps in residential buildings will be powered for the first time using this technology, which had previously been tested for industrial uses. BlueHeart Energy's customers, original equipment manufacturers, created it to replace the essential part of heat pumps and make it simple for them to integrate. Heat pumps become versatile, silent, and economical appliances capable of handling a wide range of temperatures, making them ideal for both new and existing homes when equipped with BlueHeart. It's significant that BlueHeart emits no CO2 and doesn't require any refrigerants.

Reverion

Series A in 2024
Reverion specializes in developing reversible, carbon-negative power plants that leverage patented technology to maximize the potential of biogas. The company's containerized units, designed for mass production, achieve remarkable electrical efficiencies of 80% for both power generation and energy storage. This innovative approach not only doubles the electricity output of traditional gas engines but also significantly reduces greenhouse gas emissions, resulting in a negative CO2 balance. Additionally, Reverion's technology is capable of utilizing excess solar and wind power, enhancing electricity production in existing biogas plants and stabilizing the power grid during electrolysis. Through these advancements, Reverion aims to promote a renewable and decarbonized energy future.

e-peas

Venture Round in 2024
e-peas SA is a Belgian company that specializes in designing and manufacturing electronic systems that enable energy autonomy for Internet of Things (IoT) applications. Founded in 2014 and based in Mont-Saint-Guibert, the company develops energy harvesting solutions that allow IoT devices to draw power from their environment, including sources such as solar, thermal, vibration, and radiofrequency. e-peas produces energy harvesting power management integrated circuits (PMICs) and low-power microcontrollers that enhance the performance and longevity of batteries in connected devices. By facilitating the efficient use of ambient energy, e-peas aims to reduce the need for frequent battery replacements across various sectors, including home automation, healthcare, and agriculture. The company's innovations contribute to making IoT devices smarter and more energy-efficient, ultimately striving for a future where devices can operate indefinitely without traditional power sources.

Daze

Series A in 2024
Daze is an Italian hi-tech startup developing smart chargers for electric vehicles (EVs). Founded in 2016, Daze spent 3 years mainly focusing on pure R&D activities to create the first both autonomous and conductive charger for EVs: DazePlug. During 2020 Daze has also developed, started to produce and sell two “classic” EV charging products: DazeBox (for home charging) and DazeMax (for shared charging). In 2021 product sales exceeded 3,800 units and revenues approached 1.9 million Euro, with CAGR of 330% between 2019 and 2021. From June 2021 the company is also benefitting from a grant of 2.5 million Euro from the European Innovation Council (EIC) Fund, which is and will be used to push forward DazePlug development. In 2022 revenues grow over 5 million Euro with positive EBITDA, Daze Iberica started the operations. 2023 is the year of expansion, Daze France is starting the operations and new business models and new products are added to the business

STABL

Venture Round in 2023
Stabl Energy is a developer focused on enhancing battery storage systems through innovative technology. The company creates virtual battery inverters that facilitate the integration of energy storage with renewable energy sources. By manufacturing central inverters that connect to the power grid, Stabl Energy aims to minimize self-consumption of battery storage, addressing challenges such as high battery voltage and enabling clients to fully utilize their battery capacity. This approach not only maximizes energy efficiency but also sets a new standard for the deployment of energy storage solutions in the renewable energy sector.

Energy Dome

Series B in 2023
Energy Dome is an Italian company based in Lonate Pozzolo that specializes in long-duration electricity storage using liquid carbon dioxide. The company has developed a low-cost and efficient technology that employs a closed-loop thermodynamic process to store energy, making renewable power more dispatchable. By focusing on energy storage solutions, Energy Dome aims to facilitate the transition to renewable energy and contribute to the decarbonization of the energy industry. Its innovative approach seeks to address climate change challenges by significantly reducing greenhouse gas emissions, thereby promoting a more sustainable future.

Efficient Energy Technology

Grant in 2023
Efficient Energy Technology makes renewable energy simple, safe, and dependable for everyone. Efficient Energy Technology develops a small power plant consisting of photovoltaic and storage for complete self-installation.

HSL Technologies

Series A in 2023
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around a breakthrough product known as HydroSil. This technology allows hydrogen to be safely transported using conventional infrastructures, thereby minimizing risk. The company has designed a hydrogen-based liquid carrier that enables efficient charging and releasing of hydrogen, offering a stable, non-toxic, and non-explosive fuel alternative. This liquid carrier generates no emissions, making it an environmentally friendly option for various applications, including fuel cells that produce electricity for vehicles, generators, and portable devices. HSL Technologies is committed to driving the transition to a carbon-free future, positioning itself as a leader in the clean energy sector.

Daze

Convertible Note in 2022
Daze is an Italian hi-tech startup developing smart chargers for electric vehicles (EVs). Founded in 2016, Daze spent 3 years mainly focusing on pure R&D activities to create the first both autonomous and conductive charger for EVs: DazePlug. During 2020 Daze has also developed, started to produce and sell two “classic” EV charging products: DazeBox (for home charging) and DazeMax (for shared charging). In 2021 product sales exceeded 3,800 units and revenues approached 1.9 million Euro, with CAGR of 330% between 2019 and 2021. From June 2021 the company is also benefitting from a grant of 2.5 million Euro from the European Innovation Council (EIC) Fund, which is and will be used to push forward DazePlug development. In 2022 revenues grow over 5 million Euro with positive EBITDA, Daze Iberica started the operations. 2023 is the year of expansion, Daze France is starting the operations and new business models and new products are added to the business

Energy Dome

Grant in 2022
Energy Dome is an Italian company based in Lonate Pozzolo that specializes in long-duration electricity storage using liquid carbon dioxide. The company has developed a low-cost and efficient technology that employs a closed-loop thermodynamic process to store energy, making renewable power more dispatchable. By focusing on energy storage solutions, Energy Dome aims to facilitate the transition to renewable energy and contribute to the decarbonization of the energy industry. Its innovative approach seeks to address climate change challenges by significantly reducing greenhouse gas emissions, thereby promoting a more sustainable future.

Reverion

Grant in 2022
Reverion specializes in developing reversible, carbon-negative power plants that leverage patented technology to maximize the potential of biogas. The company's containerized units, designed for mass production, achieve remarkable electrical efficiencies of 80% for both power generation and energy storage. This innovative approach not only doubles the electricity output of traditional gas engines but also significantly reduces greenhouse gas emissions, resulting in a negative CO2 balance. Additionally, Reverion's technology is capable of utilizing excess solar and wind power, enhancing electricity production in existing biogas plants and stabilizing the power grid during electrolysis. Through these advancements, Reverion aims to promote a renewable and decarbonized energy future.

IonKraft

Grant in 2022
IonKraft can provide better performance at a lower cost while maintaining recyclability, they also promote material reduction and reuse and are commercializing the technology with funding from the German Federal Ministry for Economic Affairs and Energy (BMWi).

Brite Solar

Venture Round in 2022
Brite Solar is a nanomaterials company utilizing innovative materials and deposition techniques to deliver a new class of glass materials for building construction. Mankind's future may very well depend on how we manage food production, energy, water and land use. Solar energy production can be a key factor in this balancing act but the land demand is very high. Hydroponic greenhouse agriculture can be a great asset, but its energy requirements are high. The ideal answer is a self-sufficient and sustainable greenhouse technology which eliminates the need for external energy sources. Brite Solar is a nano-materials company that has developed a transparent solar glass technology based on Die Sensitized Solar Cells (DSSC) . The first target market is greenhouse solar glass, which enables the greenhouse to generate electricity needed for sustaining the internal environment. Using this solar glass, the greenhouse's carbon footprint is significantly reduced as its reliance on externally generated electricity is significantly reduced or eliminated. This is a great value proposition for the greenhouse operator since it reduces the operating cost for the greenhouse by 28% which is currently the cost attributed to energy. Brite's technology is based on nano-materials which are ink-jet printed on to glass panels, eliminating the expensive and complex production facilities needed to produce traditional solar panels. Variations of the technology will also be used to produce auto-dimming glass as well as architectural glass for building construction.

Energy Dome

Venture Round in 2022
Energy Dome is an Italian company based in Lonate Pozzolo that specializes in long-duration electricity storage using liquid carbon dioxide. The company has developed a low-cost and efficient technology that employs a closed-loop thermodynamic process to store energy, making renewable power more dispatchable. By focusing on energy storage solutions, Energy Dome aims to facilitate the transition to renewable energy and contribute to the decarbonization of the energy industry. Its innovative approach seeks to address climate change challenges by significantly reducing greenhouse gas emissions, thereby promoting a more sustainable future.

tozero

Pre Seed Round in 2022
tozero was founded in July 2022 in Munich, Germany, by Sarah Fleischer and Dr. Ksenija Milicevic Neumann. They are on a mission to build a scalable lithium-ion battery recycling machine to recover the critical materials inside, like lithium, nickel, cobalt, and graphite in a sustainable way. www.tozero.solutions

e-peas

Grant in 2022
e-peas SA is a Belgian company that specializes in designing and manufacturing electronic systems that enable energy autonomy for Internet of Things (IoT) applications. Founded in 2014 and based in Mont-Saint-Guibert, the company develops energy harvesting solutions that allow IoT devices to draw power from their environment, including sources such as solar, thermal, vibration, and radiofrequency. e-peas produces energy harvesting power management integrated circuits (PMICs) and low-power microcontrollers that enhance the performance and longevity of batteries in connected devices. By facilitating the efficient use of ambient energy, e-peas aims to reduce the need for frequent battery replacements across various sectors, including home automation, healthcare, and agriculture. The company's innovations contribute to making IoT devices smarter and more energy-efficient, ultimately striving for a future where devices can operate indefinitely without traditional power sources.

Vanevo

Grant in 2022
Vanevo GmbH, founded in 2018 and based in Oldenburg, Germany, specializes in the development and manufacturing of components for redox flow batteries. The company focuses on creating stacks and modules designed to make electricity storage both affordable and accessible. Vanevo's batteries operate by storing energy in two tanks, allowing for efficient charging and discharging within the stacks. This innovative approach enables users to store electrical energy in a cost-effective manner, contributing to advancements in energy storage solutions.

Nowi

Venture Round in 2022
Nowi has developed a small chip that allows Internet of Things (IoT) devices to operate indefinitely by harnessing ambient energy sources. This innovative technology captures energy from various environments, including light, heat, movement, and radio waves, eliminating the need for traditional power sources like batteries or cables. By enabling companies to utilize readily available energy, Nowi simplifies the design process for IoT devices and promotes the creation of sustainable products. Their patented energy harvesting technology is a significant advancement in making IoT devices more efficient and environmentally friendly.

C2C NewCap

Venture Round in 2022
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.

Nowi

Grant in 2022
Nowi has developed a small chip that allows Internet of Things (IoT) devices to operate indefinitely by harnessing ambient energy sources. This innovative technology captures energy from various environments, including light, heat, movement, and radio waves, eliminating the need for traditional power sources like batteries or cables. By enabling companies to utilize readily available energy, Nowi simplifies the design process for IoT devices and promotes the creation of sustainable products. Their patented energy harvesting technology is a significant advancement in making IoT devices more efficient and environmentally friendly.

Evoy

Grant in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems, established in 2018 and located in Florø, Sogn og Fjordane. The company specializes in producing inboard and outboard electric motors designed to replace traditional diesel and gasoline systems in speedboats. By doing so, Evoy enables boat owners to significantly reduce maintenance and operational costs while eliminating noise, smell, and pollution associated with conventional engines. The electric motors are engineered to provide strong performance and responsiveness, catering to the needs of ferry and tour operators who aim to meet sustainability goals and comply with environmental regulations.

Evoy

Venture Round in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems, established in 2018 and located in Florø, Sogn og Fjordane. The company specializes in producing inboard and outboard electric motors designed to replace traditional diesel and gasoline systems in speedboats. By doing so, Evoy enables boat owners to significantly reduce maintenance and operational costs while eliminating noise, smell, and pollution associated with conventional engines. The electric motors are engineered to provide strong performance and responsiveness, catering to the needs of ferry and tour operators who aim to meet sustainability goals and comply with environmental regulations.

Envola

Grant in 2022
Envola specializes in smart energy management, renewable energy resources, and energy storage solutions. The company focuses on developing both software and hardware designed to enhance energy efficiency and support the transition to sustainable energy systems. Envola designs innovative heat pumps that serve as integrated storage solutions, and it creates efficient storage systems capable of operating in conditions that are typically challenging for conventional heat pumps. Their offerings include modular systems consisting of an outdoor unit, an indoor unit, and optional room devices, allowing clients to tailor solutions to their specific energy needs.

Sakowin Green energy

Grant in 2022
Sakowin is a French company that is at the forefront of the energy transition to Sustainable Hydrogen. Sakowin manufactures equipment to produce hydrogen and solid carbon with zero CO2 emission, from gas. Initially started producing H2 through water electrolysis. Currently produces Sustainable Hydrogen with a high energy efficiency at low-cost using biomethane or natural gas as feedstock. The innovative technology’s main benefits are zero CO2 emissions, H2 produced on-site and on-demand.

Sakowin Green energy

Venture Round in 2022
Sakowin is a French company that is at the forefront of the energy transition to Sustainable Hydrogen. Sakowin manufactures equipment to produce hydrogen and solid carbon with zero CO2 emission, from gas. Initially started producing H2 through water electrolysis. Currently produces Sustainable Hydrogen with a high energy efficiency at low-cost using biomethane or natural gas as feedstock. The innovative technology’s main benefits are zero CO2 emissions, H2 produced on-site and on-demand.

Octave

Grant in 2022
A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.

Ocean Oasis

Grant in 2022
Ocean Oasis is a water company that develops a new and sustainable way of producing fresh water using wave power. The company's solution is an environmentally friendly, flexible, and robust desalination platform driven by wave power that can deliver fresh water to shore at a competitive cost. Ocean Oasis utilizes the power of waves to deliver desalinated water to shore where needed in a flexible, efficient way and without emissions, through putting Norway’s unique offshore competence to work. The company was founded in 2020 and is based in Oslo, Norway.

AQUABATTERY

Grant in 2021
AquaBattery specializes in the development of cleantech flow batteries designed for large-scale energy storage. The company focuses on providing affordable, sustainable, and safe energy storage solutions by utilizing renewable energy technologies. AquaBattery's innovative approach involves storing electricity using a simple combination of water and table salt, allowing for a power unit that can be adjusted independently from the energy storage capacity. This ensures that clients receive batteries that are not only effective but also free from harmful and toxic chemicals, making them an environmentally friendly choice for various energy storage needs.

Daze

Seed Round in 2021
Daze is an Italian hi-tech startup developing smart chargers for electric vehicles (EVs). Founded in 2016, Daze spent 3 years mainly focusing on pure R&D activities to create the first both autonomous and conductive charger for EVs: DazePlug. During 2020 Daze has also developed, started to produce and sell two “classic” EV charging products: DazeBox (for home charging) and DazeMax (for shared charging). In 2021 product sales exceeded 3,800 units and revenues approached 1.9 million Euro, with CAGR of 330% between 2019 and 2021. From June 2021 the company is also benefitting from a grant of 2.5 million Euro from the European Innovation Council (EIC) Fund, which is and will be used to push forward DazePlug development. In 2022 revenues grow over 5 million Euro with positive EBITDA, Daze Iberica started the operations. 2023 is the year of expansion, Daze France is starting the operations and new business models and new products are added to the business

BlueHeart Energy

Grant in 2021
BlueHeart Energy is a deep tech company that creates green technologies to significantly boost heat pump performance. BlueHeart makes use of thermo acoustics, a process that involves producing sound waves in a closed circuit to produce heat and cold. Heat pumps in residential buildings will be powered for the first time using this technology, which had previously been tested for industrial uses. BlueHeart Energy's customers, original equipment manufacturers, created it to replace the essential part of heat pumps and make it simple for them to integrate. Heat pumps become versatile, silent, and economical appliances capable of handling a wide range of temperatures, making them ideal for both new and existing homes when equipped with BlueHeart. It's significant that BlueHeart emits no CO2 and doesn't require any refrigerants.

Magment

Grant in 2021
MAGMENT specializes in the development of innovative concrete materials created from cement and recycled magnetic particles, which significantly enhance energy transfer and performance. The company focuses on designing and manufacturing magnetizable concrete for wireless charging solutions, particularly for electric vehicles. By leveraging its extensive expertise in magnetic materials and their applications, MAGMENT aims to provide competitive and customer-oriented electromagnetic solutions. The company's offerings include pre-cast concrete modules that facilitate wireless inductive charging infrastructure, promoting emission-free transportation. Through continuous research and strong global partnerships, MAGMENT strives to redefine how electric vehicles are charged, allowing them to charge while in motion rather than requiring dedicated charging stops.

Pydro

Grant in 2021
Pydro GmbH, founded in 2016 and based in Hamburg, Germany, specializes in developing modular water turbines aimed at enhancing pressure management and energy recovery within water pipe networks. The company offers two primary products: the PT1 Pydro Turbine, designed for powering monitoring equipment, and the PT2 Pydro Turbine, which supports pressure management devices, chlorination systems, remote terminals, and sump pumps. Pydro's technologies focus on creating compact energy recovery solutions that are eco-friendly and self-sustaining. Their self-powered flowmeter, equipped with IoT sensors, harnesses the energy from flowing water to operate without external power, enabling precise monitoring of flow, pressure, and temperature in water systems. This innovation allows for effective device-to-cloud communication, making it suitable for large-scale deployment in water utilities and distribution networks.

STABL

Venture Round in 2021
Stabl Energy is a developer focused on enhancing battery storage systems through innovative technology. The company creates virtual battery inverters that facilitate the integration of energy storage with renewable energy sources. By manufacturing central inverters that connect to the power grid, Stabl Energy aims to minimize self-consumption of battery storage, addressing challenges such as high battery voltage and enabling clients to fully utilize their battery capacity. This approach not only maximizes energy efficiency but also sets a new standard for the deployment of energy storage solutions in the renewable energy sector.

STABL

Grant in 2021
Stabl Energy is a developer focused on enhancing battery storage systems through innovative technology. The company creates virtual battery inverters that facilitate the integration of energy storage with renewable energy sources. By manufacturing central inverters that connect to the power grid, Stabl Energy aims to minimize self-consumption of battery storage, addressing challenges such as high battery voltage and enabling clients to fully utilize their battery capacity. This approach not only maximizes energy efficiency but also sets a new standard for the deployment of energy storage solutions in the renewable energy sector.

Daze

Venture Round in 2020
Daze is an Italian hi-tech startup developing smart chargers for electric vehicles (EVs). Founded in 2016, Daze spent 3 years mainly focusing on pure R&D activities to create the first both autonomous and conductive charger for EVs: DazePlug. During 2020 Daze has also developed, started to produce and sell two “classic” EV charging products: DazeBox (for home charging) and DazeMax (for shared charging). In 2021 product sales exceeded 3,800 units and revenues approached 1.9 million Euro, with CAGR of 330% between 2019 and 2021. From June 2021 the company is also benefitting from a grant of 2.5 million Euro from the European Innovation Council (EIC) Fund, which is and will be used to push forward DazePlug development. In 2022 revenues grow over 5 million Euro with positive EBITDA, Daze Iberica started the operations. 2023 is the year of expansion, Daze France is starting the operations and new business models and new products are added to the business

wattalps

Venture Round in 2020
Wattalps specializes in developing lithium power systems aimed at providing affordable battery solutions for small and medium series applications. The company's products prioritize passive safety, cooling efficiency, long life, and cell protection, facilitating the integration of these systems into vehicles and charging stations. With a focus on creating standard and modular designs, Wattalps aims to simplify installation processes, making them both fast and cost-effective. By advancing these technologies, the company contributes to the broader adoption of electric vehicles and sustainable transportation solutions.

wattalps

Grant in 2020
Wattalps specializes in developing lithium power systems aimed at providing affordable battery solutions for small and medium series applications. The company's products prioritize passive safety, cooling efficiency, long life, and cell protection, facilitating the integration of these systems into vehicles and charging stations. With a focus on creating standard and modular designs, Wattalps aims to simplify installation processes, making them both fast and cost-effective. By advancing these technologies, the company contributes to the broader adoption of electric vehicles and sustainable transportation solutions.

Electrochaea

Venture Round in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.

Enerpoly

Grant in 2020
Enerpoly is an energy storage technology company focused on developing rechargeable zinc-ion battery chemistry. The company aims to create batteries using safe, affordable materials that can be sustainably scaled to promote wider access to clean energy. Enerpoly innovates in battery components, production methods, and designs, utilizing agile research and development techniques to ensure rapid delivery. Their batteries are designed for various applications, including grid, industrial, commercial, and residential uses, making them versatile solutions for energy storage challenges.

e-peas

Venture Round in 2020
e-peas SA is a Belgian company that specializes in designing and manufacturing electronic systems that enable energy autonomy for Internet of Things (IoT) applications. Founded in 2014 and based in Mont-Saint-Guibert, the company develops energy harvesting solutions that allow IoT devices to draw power from their environment, including sources such as solar, thermal, vibration, and radiofrequency. e-peas produces energy harvesting power management integrated circuits (PMICs) and low-power microcontrollers that enhance the performance and longevity of batteries in connected devices. By facilitating the efficient use of ambient energy, e-peas aims to reduce the need for frequent battery replacements across various sectors, including home automation, healthcare, and agriculture. The company's innovations contribute to making IoT devices smarter and more energy-efficient, ultimately striving for a future where devices can operate indefinitely without traditional power sources.

Evoy

Venture Round in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems, established in 2018 and located in Florø, Sogn og Fjordane. The company specializes in producing inboard and outboard electric motors designed to replace traditional diesel and gasoline systems in speedboats. By doing so, Evoy enables boat owners to significantly reduce maintenance and operational costs while eliminating noise, smell, and pollution associated with conventional engines. The electric motors are engineered to provide strong performance and responsiveness, catering to the needs of ferry and tour operators who aim to meet sustainability goals and comply with environmental regulations.

Evoy

Grant in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems, established in 2018 and located in Florø, Sogn og Fjordane. The company specializes in producing inboard and outboard electric motors designed to replace traditional diesel and gasoline systems in speedboats. By doing so, Evoy enables boat owners to significantly reduce maintenance and operational costs while eliminating noise, smell, and pollution associated with conventional engines. The electric motors are engineered to provide strong performance and responsiveness, catering to the needs of ferry and tour operators who aim to meet sustainability goals and comply with environmental regulations.

Electrochaea

Grant in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.

HSL Technologies

Grant in 2020
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around a breakthrough product known as HydroSil. This technology allows hydrogen to be safely transported using conventional infrastructures, thereby minimizing risk. The company has designed a hydrogen-based liquid carrier that enables efficient charging and releasing of hydrogen, offering a stable, non-toxic, and non-explosive fuel alternative. This liquid carrier generates no emissions, making it an environmentally friendly option for various applications, including fuel cells that produce electricity for vehicles, generators, and portable devices. HSL Technologies is committed to driving the transition to a carbon-free future, positioning itself as a leader in the clean energy sector.

C2C NewCap

Grant in 2019
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.

Kitemill

Grant in 2019
Kitemill specializes in the development of airborne wind energy technology, which aims to transform the wind power industry by harnessing high-altitude winds. The company's innovative system features a kite connected to a ground-based generator via a tether, allowing for the efficient capture of strong and stable wind resources. This approach not only enhances the availability of renewable energy but also significantly reduces material usage, leading to improved cost efficiency. Kitemill's technology is positioned to play a crucial role in the global transition towards a zero-emission energy sector, offering a safe and low-cost method of producing renewable energy that could surpass the financial implications of solar and traditional wind power plants.
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