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 Renewables

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.

GBM Works

Seed Round in 2024
GBM Works B.V., founded in 2016 and headquartered in The Hague, Netherlands, specializes in the installation of offshore wind turbine foundations. The company has developed an innovative method known as the GBM Vibro-drill, which aims to minimize ocean noise during the installation process. This technology not only enhances the efficiency of installing turbine foundations but also addresses environmental concerns by reducing disruption to marine ecosystems and nearby communities. Through its advancements, GBM Works contributes to the growth of the renewable energy sector, facilitating the expansion of offshore operations in a sustainable manner.

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.

Bound4Blue

Series A in 2023
bound4blue developes foldable and autonomous wingsail system to be integrated onto a wide range of vessels. The system has been conceived as a complementary propulsion system, which produces effective thrust from existing winds, reducing the main engine power required and, therefore, delivering fuel consumption and pollutant emissions reductions of up to 40% and it ensures a payback period under 5 years.

Paptic

Series A in 2023
Paptic is a manufacturing company focused on creating innovative, wood-based materials that serve as sustainable alternatives to traditional paper and plastic products. By developing renewable and recyclable bags, Paptic addresses the pressing issue of plastic waste accumulation in the environment. The company’s products combine the eco-friendly properties of paper with the practical functionality of plastics, allowing customers to meet their everyday needs while contributing to a more sustainable environment.

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.

Hardt Hyperloop

Venture Round in 2023
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

TreaTech

Series A in 2023
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.

Modvion

Convertible Note in 2023
Modvion is a Swedish/ American Engineering and Industrial Design company developing modular designs in renewable engineered wood product materials to simplify and improve construction logistics. Their current area of focus is in wind tower technology. Modvion´s patented module technology enables significantly decreased cost, efficient transportation and streamlined installation of towers exceeding 120 m. Ultimately, this results in increased cost efficiency in the harvesting of wind resources.

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.

N2 Applied

Private Equity Round in 2023
N2 Applied is a Norwegian technology company focused on revolutionizing fertilizer production for farmers. Operating from its headquarters in Oslo/Asker and with a test center in Svene, Norway, along with branches in the Netherlands and the UK, N2 Applied has developed an innovative technology that allows for the local production of fertilizer using liquid organic substrates like slurry or digestate, combined with air and electricity. This process enhances nitrogen content while preventing ammonia loss and reducing emissions, thus promoting a more sustainable farming approach. By utilizing plasma reactors, the company enables farmers to recycle livestock manure into environmentally friendly fertilizer, lowering production costs and increasing crop yields. N2 Applied's scalable solution aims to streamline the fertilizer supply chain, minimizing reliance on fossil fuel-based chemical fertilizers and contributing to on-farm reductions in methane and ammonia emissions.

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.

Blue Planet Ecosystems

Grant in 2022
Blue Planet Ecosystems Incorporated, founded in 2018 and based in San Francisco, California, specializes in the development and operation of modular closed-loop photoprotein reactors that facilitate sustainable food production, particularly seafood, in extreme environments. The company's innovative technology mimics natural aquatic ecosystems, allowing for the conversion of sunlight and carbon dioxide into essential nutrients such as sugars, amino acids, and fatty acids. This process supports the production of organic seafood close to consumers, promoting a more efficient and environmentally friendly approach to aquaculture. By enabling farmers and agricultural businesses to diversify their methods, Blue Planet Ecosystems aims to address the challenges posed by climate change and enhance food security.

Alvus

Pre Seed Round in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.

Maeve Aerospace

Pre Seed Round in 2022
Maeve Aerospace is a all-electric aircraft.

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.

Reblade

Grant in 2022
Reblade is a climate-focused deep tech startup that specializes in drone-based and AI-assisted repair technologies for wind turbine blades. The company offers innovative robotic solutions aimed at helping wind farm owners and service providers reduce costs, risks, and service time associated with blade erosion repairs. By utilizing patented technology, Reblade enables its clients to enhance their operational efficiency and achieve significant reductions in carbon emissions. As a recipient of various innovation awards, including Eurostars, Eureka, and the EIC, Reblade presents a compelling business case for the wind energy sector. The company is currently seeking impact investors and strategic partners in Europe, India, and the United States to support its mission and expand its reach in the market for advanced erosion repair solutions.

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.

ROSI

Series A in 2022
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

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.

Alvus

Grant in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.

Circu Li-Ion

Grant in 2022
Circu Li-Ion is a Luxembourg-based start-up focused on automated battery disassembly and diagnostics, aimed at enhancing the remanufacturing, reuse, and recycling of lithium-ion batteries. The company's innovative platform features three main components: a battery library, an application layer, and robotic disassembly systems. These systems significantly reduce costs by limiting manual labor and indirect expenses, achieving a 47% cost reduction overall. With 67% robot autonomy, Circu Li-Ion minimizes human intervention during disassembly, thereby increasing safety and ensuring a 95% component recovery rate. This process not only preserves the material value of batteries but also helps clients capitalize on the potential for upcycling components, addressing labor shortages while contributing positively to environmental goals.

Maeve Aerospace

Grant in 2022
Maeve Aerospace is a all-electric aircraft.

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

Chrysalix Technologies

Venture Round in 2022
Chrysalix Technologies is an Imperial College spin-out company developing an innovative biomass fractionation process using low-cost ionic liquids. Currently, their society is heavily relying on the use of crude oil while products are discarded at the end of their lives. They want to change that, which is why they are developing novel chemical processes that enable us to live more sustainably in a clean world. Their first product is the BioFlex process that uses waste wood and agricultural by-products as well as sustainably grown biomass to produce a greener alternative to today’s petrochemical industry while providing unwanted waste materials with a new purpose.

HighLine Technology

Grant in 2022
HighLine Technology specializes in the development and commercialization of advanced dispensing technologies aimed at enhancing efficiency and sustainability in the photovoltaics (PV) sector. The company's innovative solutions significantly reduce material consumption by applying front metal contacts onto solar cells, replacing traditional screen printing methods. This integration into existing production lines for silicon solar cells not only conserves resources but also boosts electricity yield and increases throughput. In addition to its primary focus on the PV industry, HighLine Technology also provides dispensing solutions for various other sectors, further demonstrating its commitment to improving operational efficiency and sustainability across multiple applications.

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.

GBM Works

Grant in 2022
GBM Works B.V., founded in 2016 and headquartered in The Hague, Netherlands, specializes in the installation of offshore wind turbine foundations. The company has developed an innovative method known as the GBM Vibro-drill, which aims to minimize ocean noise during the installation process. This technology not only enhances the efficiency of installing turbine foundations but also addresses environmental concerns by reducing disruption to marine ecosystems and nearby communities. Through its advancements, GBM Works contributes to the growth of the renewable energy sector, facilitating the expansion of offshore operations in a sustainable manner.

SolarDew

Venture Round in 2022
SolarDew, based in Rhenen, the Netherlands, specializes in innovative membrane distillation technology that efficiently generates pure drinking water from contaminated or saline sources. The company develops modular desalination and purification systems powered solely by solar energy, eliminating the need for external power sources. This approach not only addresses water scarcity but also empowers local entrepreneurs to establish and manage water purification businesses within their communities. By providing a sustainable solution for water quality improvement, SolarDew contributes to enhanced access to safe drinking water.

Paptic

Grant in 2022
Paptic is a manufacturing company focused on creating innovative, wood-based materials that serve as sustainable alternatives to traditional paper and plastic products. By developing renewable and recyclable bags, Paptic addresses the pressing issue of plastic waste accumulation in the environment. The company’s products combine the eco-friendly properties of paper with the practical functionality of plastics, allowing customers to meet their everyday needs while contributing to a more sustainable environment.

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.

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.

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.

Carbo Culture

Grant in 2022
Carbo Culture Oy, founded in 2016 and based in Helsinki, Finland, specializes in producing biochar from waste biomass by employing a carbon sequestration process that captures carbon dioxide from the atmosphere. The company transforms orchard waste into high-quality biochar using patented reactors, which serves various applications, including soil enhancement and contamination remediation. This biochar helps improve soil health by retaining water and nutrients, while also supporting beneficial microorganisms. Additionally, Carbo Culture's innovative approach generates renewable energy and contributes to the creation of significant carbon credits, promoting sustainable practices in agriculture and construction.

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.

CH-Bioforce Oy

Venture Round in 2022
CH-Bioforce provides a revolutionary technology for converting all biomass components into high-value material streams - dissolving pulp, polymeric hemicellulose, and sulphur-free lignin. These valuable biomaterials can replace fossil and food-based raw materials in multiple industries, such as textiles and packaging applications.

Dracula Technologies

Grant in 2022
Dracula Technologies SAS, based in Valence, France, specializes in organic photovoltaic technology aimed at providing sustainable energy solutions for low-power devices. Founded in 2011, the company has developed an innovative product called Light As Your Energetic Response (LAYER), which captures ambient light—both indoors and outdoors—and converts it into electricity. This technology enables a variety of small devices, including phones, GPS units, and lamps, to recharge autonomously, thereby eliminating the need for traditional batteries. By utilizing digital printing techniques to create efficient light-harvesting modules, Dracula Technologies enhances the reliability and operational lifespan of electronic devices such as sensors and smart building applications, contributing to a more sustainable energy future. The company operates as a subsidiary of Ardeje.

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

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.

Insolight

Grant in 2022
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of high-efficiency solar panels. The company has achieved significant advancements in solar technology, with modules reaching a record efficiency of 29 percent, which allows for a reduction in residential solar electricity costs to below 0.1 $/kWh. Insolight's innovative optical technology enhances efficiency while maintaining the simplicity of installation comparable to standard flat panels. The company's solar systems also incorporate an integrated tracking method to optimize energy capture, maximizing solar utility for agricultural applications. Insolight's business model focuses on developing intellectual property, overseeing wholesale distribution, and outsourcing manufacturing, ensuring a streamlined approach to delivering cost-effective solar solutions. The technology has been validated by reputable institutions, demonstrating its potential for widespread impact in both residential and agricultural sectors.

Deasyl

Grant in 2022
Deasyl specializes in the development of innovative, eco-friendly chemical solutions aimed at transforming traditional chemical processes. The company focuses on creating scalable methods that are utilized by major players in the fine chemical and petrochemical industries. By advancing clean technology, Deasyl promotes sustainable practices through waste valorization and the conversion of biomass into renewable products. Their work encompasses recycling processes and the production of biodiesel, allowing clients to adopt greener technologies and contribute to environmental sustainability.

Bloom Biorenewables Ltd

Grant in 2022
Bloom Biorenewables Ltd is a Swiss company founded in 2019, focused on developing technology that transforms wood and agricultural waste into renewable materials as alternatives to petroleum. The company specializes in creating bio-based materials for the chemical industry, targeting various markets including fragrances, plastics, and textiles. By introducing innovative production methods for biorenewable products and fuels, Bloom Biorenewables aims to provide sustainable solutions that reduce reliance on fossil fuels and contribute to climate change mitigation.

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.

BIOWEG

Grant in 2021
Bioweg, founded in Germany in 2019, is a purpose-driven company that addresses business challenges through innovative biotechnology. By integrating biotechnology, materials science, and molecular simulation learning, Bioweg develops and offers advanced sustainable, bio-based high-performance ingredients tailored for business-to-business applications. Their products are entirely animal-free, sustainably manufactured using green chemistry, and designed to meet the needs of industries such as cosmetics, personal care, agricultural technology, and food and beverage. The company employs a zero-waste circular process, utilizing food industry waste as feedstock to create bio-based microbeads, rheology modifiers, and hydrocolloids that are free of microplastics and compliant with current ECHA regulations. Through strategic partnerships with forward-thinking brands, Bioweg aims to promote sustainability and innovation in product development.

Concrete4Change

Non Equity Assistance in 2021
Concrete4Change is an R&D company focused on developing innovative technology to capture and permanently mineralize carbon dioxide in concrete. This approach not only enhances the strength of the concrete but also aims to transform the construction industry from a major source of greenhouse gas emissions into a solution for carbon sequestration. The company has received recognition for its efforts, including the United Nations Most Innovative Net-Zero Technology award at COP26 and the Royal Academy of Engineering Enterprise Award. Concrete4Change is committed to removing 2 billion tonnes of CO2 emissions from the concrete industry by 2040, positioning concrete as a viable and effective carbon sink.

FibriTech

Non Equity Assistance in 2021
FibriTech develops a technology for the production of 3D fibre network materials. They offer services that include agritech, packaging, filters, insulators, ecomaterials, fibritech, hydroponics, fibres, and biocomposites.

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.

Arborea

Grant in 2021
Arborea Ltd. is a biochemical technology company based in London, United Kingdom, which focuses on developing bio-based products aimed at enhancing urban living and improving wastewater treatment. Founded in 2015 by CEO Julian Melchiorri, Arborea has pioneered the BioSolar Leaf system, an innovative tiling technology that mimics the natural processes of photosynthesis. This system not only sequesters carbon dioxide and generates breathable oxygen but also reduces energy consumption for climate control in buildings and purifies the air. By cultivating microscopic plants, Arborea aims to create a sustainable source of healthy food ingredients and proteins, offering a scalable solution that minimizes production costs while addressing the growing demand for nutritious and environmentally friendly food options.

Hardt Hyperloop

Funding Round in 2021
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

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.

FimusKraft

Grant in 2021
FimusKraft specializes in biowaste fermentation processes, transforming biowaste into biogas and bioenergy. This innovative approach not only produces environmentally sustainable fertilizer but also contributes to reducing carbon footprints. By combining expertise in biotechnology with principles of the circular economy, FimusKraft provides solutions that help customers meet their sustainability goals while promoting economic profitability. The company's focus on developing efficient biowaste-based technologies positions it as a key player in the growing market for renewable energy and sustainable agricultural practices.

MagnoTherm

Grant in 2021
MAGNOTHERM, founded in 2019 and headquartered in Darmstadt, Germany, specializes in innovative cooling and heating technology utilizing magnetic materials. The company has assembled a team of over 40 experts with significant expertise in magnetic cooling and magnetocaloric materials. MAGNOTHERM aims to address the climate crisis by providing energy-efficient alternatives to traditional gas compression cooling, which contributes to at least 7% of global CO2 emissions. Its technology, which operates at low pressure, is designed to be up to 30% more energy efficient than existing systems while being non-explosive, non-flammable, and low maintenance. The company focuses on developing magnetic cooling systems suitable for various applications, including room temperature environments and hydrogen liquefaction plants, offering a sustainable solution that can help transition industries away from outdated gas compression methods.

Sympower

Grant in 2021
Sympower is a developer of sustainable energy solutions aimed at addressing fluctuations in electricity supply and demand. The company partners with industry leaders to enhance grid stability and advance the transition to a net-zero future. By utilizing advanced and automated flexibility capabilities, Sympower's non-intrusive software allows customers to temporarily adjust the power of their systems, machines, and processes when the grid is out of balance. This technology aggregates electrical appliances and integrates with smart systems to optimize energy usage, enabling customers to shift consumption to more cost-effective times and provide real-time balancing of electricity. Through these innovations, Sympower enhances the value of energy assets while facilitating a fully renewable energy grid.

ENERSENS

Grant in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.

ENERSENS

Venture Round in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.

CO2 Bioclean

Grant in 2021
CO2 Bioclean is a biotechnology company that serves the environment with treatments for climate change, pollution, and waste management. The company is based in Kronberg, Hesse.

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.

CO2 Bioclean

Venture Round in 2021
CO2 Bioclean is a biotechnology company that serves the environment with treatments for climate change, pollution, and waste management. The company is based in Kronberg, Hesse.

Blue Planet Ecosystems

Seed Round in 2021
Blue Planet Ecosystems Incorporated, founded in 2018 and based in San Francisco, California, specializes in the development and operation of modular closed-loop photoprotein reactors that facilitate sustainable food production, particularly seafood, in extreme environments. The company's innovative technology mimics natural aquatic ecosystems, allowing for the conversion of sunlight and carbon dioxide into essential nutrients such as sugars, amino acids, and fatty acids. This process supports the production of organic seafood close to consumers, promoting a more efficient and environmentally friendly approach to aquaculture. By enabling farmers and agricultural businesses to diversify their methods, Blue Planet Ecosystems aims to address the challenges posed by climate change and enhance food security.

Bound4Blue

Venture Round in 2021
bound4blue developes foldable and autonomous wingsail system to be integrated onto a wide range of vessels. The system has been conceived as a complementary propulsion system, which produces effective thrust from existing winds, reducing the main engine power required and, therefore, delivering fuel consumption and pollutant emissions reductions of up to 40% and it ensures a payback period under 5 years.

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.

Synovance

Venture Round in 2021
Synovance is focused on advancing the bio-based economy through the development of plant-derived resources for a variety of applications, including fuels, chemicals, materials, food, and feed. The company specializes in producing bio-based textile dyes and employs engineered organisms capable of efficiently converting biomass. By developing customized strains and assembling tailored secondary genomes, Synovance enables manufacturing industries to meet specific functional requirements across diverse applications. This innovative approach positions Synovance as a leader in sustainable practices, promoting environmentally responsible solutions for various sectors, including the textile industry.

Bound4Blue

Grant in 2021
bound4blue developes foldable and autonomous wingsail system to be integrated onto a wide range of vessels. The system has been conceived as a complementary propulsion system, which produces effective thrust from existing winds, reducing the main engine power required and, therefore, delivering fuel consumption and pollutant emissions reductions of up to 40% and it ensures a payback period under 5 years.

Risutec

Venture Round in 2021
Risutec specializes in enhancing forest and agricultural practices through innovative solutions. The company develops advanced systems and equipment aimed at modernizing silviculture, which includes precision forestry applications and forestation equipment. Risutec's offerings also encompass agricultural planting and maintenance services, bioenergy solutions, and stand tending services. By focusing on improving operational efficiency, Risutec assists clients in increasing yields while minimizing risks associated with establishment.

Hardt Hyperloop

Grant in 2021
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

Risutec

Grant in 2021
Risutec specializes in enhancing forest and agricultural practices through innovative solutions. The company develops advanced systems and equipment aimed at modernizing silviculture, which includes precision forestry applications and forestation equipment. Risutec's offerings also encompass agricultural planting and maintenance services, bioenergy solutions, and stand tending services. By focusing on improving operational efficiency, Risutec assists clients in increasing yields while minimizing risks associated with establishment.

N2 Applied

Venture Round in 2021
N2 Applied is a Norwegian technology company focused on revolutionizing fertilizer production for farmers. Operating from its headquarters in Oslo/Asker and with a test center in Svene, Norway, along with branches in the Netherlands and the UK, N2 Applied has developed an innovative technology that allows for the local production of fertilizer using liquid organic substrates like slurry or digestate, combined with air and electricity. This process enhances nitrogen content while preventing ammonia loss and reducing emissions, thus promoting a more sustainable farming approach. By utilizing plasma reactors, the company enables farmers to recycle livestock manure into environmentally friendly fertilizer, lowering production costs and increasing crop yields. N2 Applied's scalable solution aims to streamline the fertilizer supply chain, minimizing reliance on fossil fuel-based chemical fertilizers and contributing to on-farm reductions in methane and ammonia emissions.

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.

Synovance

Grant in 2021
Synovance is focused on advancing the bio-based economy through the development of plant-derived resources for a variety of applications, including fuels, chemicals, materials, food, and feed. The company specializes in producing bio-based textile dyes and employs engineered organisms capable of efficiently converting biomass. By developing customized strains and assembling tailored secondary genomes, Synovance enables manufacturing industries to meet specific functional requirements across diverse applications. This innovative approach positions Synovance as a leader in sustainable practices, promoting environmentally responsible solutions for various sectors, including the textile industry.

Carbo Culture

Seed Round in 2021
Carbo Culture Oy, founded in 2016 and based in Helsinki, Finland, specializes in producing biochar from waste biomass by employing a carbon sequestration process that captures carbon dioxide from the atmosphere. The company transforms orchard waste into high-quality biochar using patented reactors, which serves various applications, including soil enhancement and contamination remediation. This biochar helps improve soil health by retaining water and nutrients, while also supporting beneficial microorganisms. Additionally, Carbo Culture's innovative approach generates renewable energy and contributes to the creation of significant carbon credits, promoting sustainable practices in agriculture and construction.

HighLine Technology

Pre Seed Round in 2021
HighLine Technology specializes in the development and commercialization of advanced dispensing technologies aimed at enhancing efficiency and sustainability in the photovoltaics (PV) sector. The company's innovative solutions significantly reduce material consumption by applying front metal contacts onto solar cells, replacing traditional screen printing methods. This integration into existing production lines for silicon solar cells not only conserves resources but also boosts electricity yield and increases throughput. In addition to its primary focus on the PV industry, HighLine Technology also provides dispensing solutions for various other sectors, further demonstrating its commitment to improving operational efficiency and sustainability across multiple applications.

VoltAero

Grant in 2020
VoltAero is a manufacturer of electric aircraft designed to deliver safe, quiet, efficient, and eco-friendly flight solutions. The company's innovative aircraft features parallel electric-hybrid propulsion, providing a reliable platform for general aviation. This versatile aircraft caters to various clients, including private owners, air taxi and charter companies, and those involved in commercial regional travel. By focusing on sustainability and efficiency, VoltAero aims to facilitate a new era of electric aviation, enhancing the overall flight experience while promoting environmental responsibility.

Deep Branch Biotechnology

Grant in 2020
Deep Branch Biotechnology Ltd., founded in 2018 and based in Nottingham, UK, specializes in carbon recycling services aimed at creating sustainable ingredients for food and feed. By utilizing clean and renewable carbon and energy sources, the company employs a proprietary gas fermentation platform that leverages sustainable feedstocks to produce bio-based products with a significantly reduced carbon footprint. Deep Branch focuses on customer-driven research and development, enabling it to swiftly deliver innovative solutions to meet the growing demand for sustainable food systems. The company collaborates with local suppliers of strategic raw materials, fostering local economies while ensuring a reliable input supply. With a clear roadmap for scaling its operations, Deep Branch has formed strong partnerships across the value chain and has integrated effectively with carbon dioxide suppliers to optimize the deployment of its technology. By producing ingredients that require no arable land and minimal water, Deep Branch is addressing climate change and biodiversity loss, contributing to a more sustainable future without compromising on nutritional quality.

Woodoo

Grant in 2020
Woodoo is a manufacturer of sustainable materials that transforms wood at the molecular level to create high-performance alternatives to steel, glass, leather, and plastics. The company focuses on utilizing substandard and damaged wood, offering a new purpose for these materials while promoting regenerative forestry practices. Woodoo's innovative processes enhance the technical characteristics and aesthetic qualities of wood, resulting in products that are sturdier, cleaner, and more cost-effective. Their offerings include automotive smart surfaces, touch-sensitive wooden interfaces, luxurious animal-free leather alternatives, and advanced structural solutions for construction. By providing carbon-efficient materials, Woodoo supports industries in meeting their decarbonization goals without compromising environmental integrity. The company has garnered recognition from prominent customers across various sectors, including automotive, luxury, and construction.

Creapaper

Grant in 2020
Creapaper develops an innovative raw material for paper production that is made mostly out of grass fiber. They provide the paper industry with a new raw material for the production of paper and cardboard – grass! Or, to be more precise, it’s actually dried hay. It is prepared using their own patented process according to the requirements of the corresponding paper mill and is then incorporated into its production cycle as a raw material instead of virgin fibres (wood) or recycled paper. If wood is substituted by grass as a raw material for the production of paper and cardboard, CO2 emissions arising from the manufacturing process are reduced by up to 75%.

Creapaper

Venture Round in 2020
Creapaper develops an innovative raw material for paper production that is made mostly out of grass fiber. They provide the paper industry with a new raw material for the production of paper and cardboard – grass! Or, to be more precise, it’s actually dried hay. It is prepared using their own patented process according to the requirements of the corresponding paper mill and is then incorporated into its production cycle as a raw material instead of virgin fibres (wood) or recycled paper. If wood is substituted by grass as a raw material for the production of paper and cardboard, CO2 emissions arising from the manufacturing process are reduced by up to 75%.

Beridi

Grant in 2020
Beridi is a prominent seashore engineering company focused on the offshore wind sector. The firm specializes in maritime engineering services, particularly in developing innovative foundations for offshore wind turbines. Beridi's concrete-based platform is designed as a hollow, monolithic structure that enhances the safety and efficiency of turbine installations. By providing this advanced solution, the company aims to lower renewable energy costs and contribute to a global transition towards a cleaner and more sustainable environment.

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.

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.

Beridi

Venture Round in 2020
Beridi is a prominent seashore engineering company focused on the offshore wind sector. The firm specializes in maritime engineering services, particularly in developing innovative foundations for offshore wind turbines. Beridi's concrete-based platform is designed as a hollow, monolithic structure that enhances the safety and efficiency of turbine installations. By providing this advanced solution, the company aims to lower renewable energy costs and contribute to a global transition towards a cleaner and more sustainable environment.

Wavefoil

Venture Round in 2020
Wavefoil provides retractable bow foils that reduce fuel consumption and ship motions in waves.

Wavefoil

Grant in 2020
Wavefoil provides retractable bow foils that reduce fuel consumption and ship motions in waves.

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.

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.

TreaTech

Venture Round in 2020
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.

TreaTech

Grant in 2020
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.

ROSI

Grant in 2020
ROSI is a company that develops innovative raw material recycling and revalorization technologies for the photovoltaic industry. The technologies allow for the recovery of ultra-pure silicon and other metals that are currently lost during photovoltaic cell manufacturing and at the end of the solar panel's life cycle. ROSI is based in Grenoble, France.

Alginor ASA

Grant in 2020
Alginor ASA is a company focused on the sustainable utilization of seaweed resources from the Arctic region, particularly Laminaria Hyperborea. Established on March 24, 2014, Alginor aims to develop an integrated biorefinery that maximizes the use of seaweed biomass for producing a range of high-value ingredients. These ingredients include mannitol, fucoidan, cellulose, alginate, oligosaccharides, polyphenols, carotenoids, amino acids, and other biobased materials. The company is committed to eco-friendly and efficient processing methods, setting a standard for innovative solutions in various sectors, including food, feed, pharmaceuticals, agriculture, chemicals, and materials. Alginor plans to construct a demonstration biorefinery with an initial production capacity of 5,000 tons of seaweed annually and aims for future expansion to a full-scale industrial facility capable of processing 50,000 tons per year. This approach not only addresses the potential of seaweed as a valuable resource but also emphasizes zero waste and sustainable practices in production.

Aviloo

Grant in 2020
Aviloo specializes in battery monitoring systems for electric vehicles, focusing on enhancing transparency regarding battery health. The company’s diagnostic system independently tests battery cells under extreme conditions and analyzes battery-related data from the vehicle. This comprehensive evaluation allows Aviloo to issue a Battery Certificate, which includes an independent rating of the battery's condition. By identifying battery cells with reduced performance, Aviloo enables clients to make informed decisions about resale prices for electric vehicles, contributing to a more transparent and efficient marketplace. Through its innovative approach, Aviloo aims to support the transition to emission-free transportation.

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.

Glowee

Venture Round in 2020
Glowee is a biotechnology company focused on developing bioluminescent lighting solutions derived from the natural properties of marine organisms. The company creates innovative biological light systems by encoding specific genes into symbiotic bacteria, which produce light without the need for electricity or complex installation infrastructure. This approach not only eliminates light pollution but also utilizes non-pathogenic and non-toxic bacteria, enhancing the efficiency of light production. Through its advancements, Glowee aims to transform the way light is produced and consumed, offering a sustainable alternative to traditional lighting methods.

Glowee

Grant in 2020
Glowee is a biotechnology company focused on developing bioluminescent lighting solutions derived from the natural properties of marine organisms. The company creates innovative biological light systems by encoding specific genes into symbiotic bacteria, which produce light without the need for electricity or complex installation infrastructure. This approach not only eliminates light pollution but also utilizes non-pathogenic and non-toxic bacteria, enhancing the efficiency of light production. Through its advancements, Glowee aims to transform the way light is produced and consumed, offering a sustainable alternative to traditional lighting methods.

Alginor ASA

Venture Round in 2020
Alginor ASA is a company focused on the sustainable utilization of seaweed resources from the Arctic region, particularly Laminaria Hyperborea. Established on March 24, 2014, Alginor aims to develop an integrated biorefinery that maximizes the use of seaweed biomass for producing a range of high-value ingredients. These ingredients include mannitol, fucoidan, cellulose, alginate, oligosaccharides, polyphenols, carotenoids, amino acids, and other biobased materials. The company is committed to eco-friendly and efficient processing methods, setting a standard for innovative solutions in various sectors, including food, feed, pharmaceuticals, agriculture, chemicals, and materials. Alginor plans to construct a demonstration biorefinery with an initial production capacity of 5,000 tons of seaweed annually and aims for future expansion to a full-scale industrial facility capable of processing 50,000 tons per year. This approach not only addresses the potential of seaweed as a valuable resource but also emphasizes zero waste and sustainable practices in production.

VoltAero

Venture Round in 2020
VoltAero is a manufacturer of electric aircraft designed to deliver safe, quiet, efficient, and eco-friendly flight solutions. The company's innovative aircraft features parallel electric-hybrid propulsion, providing a reliable platform for general aviation. This versatile aircraft caters to various clients, including private owners, air taxi and charter companies, and those involved in commercial regional travel. By focusing on sustainability and efficiency, VoltAero aims to facilitate a new era of electric aviation, enhancing the overall flight experience while promoting environmental responsibility.

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.
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