MassChallenge

MassChallenge is a global startup accelerator supporting early-stage entrepreneurs across various industries. Founded in 2009, it provides mentorship, resources, and networking opportunities through its programs worldwide.

Cait Brumme

Acting CEO

Nick Dougherty

Managing Director, MassChallenge HealthTech

Siobhan Dullea

CEO

Matthew Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in Energy

CloEE

Non Equity Assistance in 2024
CloEE is an AI-driven digital advisor for discrete manufacturers. It enhances sustainability by improving Overall Equipment Efficiency (OEE), reducing energy consumption by 30%, and minimizing emergency stops by 95%. CloEE leverages generative AI to deliver continuous improvement using real-time data from manufacturing equipment, MES, and ERP systems. It empowers manufacturers to tackle production downtime, delivery delays, low OEE, high defect rates, and excessive energy costs.

Tespack

Non Equity Assistance in 2024
Founded in Finland in 2013, Tespack specializes in mobile energy solutions. It offers a range of products including ultra-light batteries, solar panels, smartpacks, and portable chargers, designed for remote locations and challenging markets. The company's advanced software and hardware ensure reliable and green energy infrastructure, with a focus on accurate battery recycling and performance tracking.

CLIMATENZA

Grant in 2023
Founded in 2018, CLIMATENZA is a Chilean company specializing in innovative solar thermal technologies. It focuses on generating high-value energy for utilities and heat for industrial applications, aiming to limit climate change and promote sustainable development.

Kestrix

Grant in 2023
Kestrix develops SaaS-based building automation software that uses interactive 3D models and AI-driven algorithms to identify building energy performance. Its thermal mapping technology, supported by drone data, quantifies heat loss, prioritizes retrofit needs, estimates costs, and validates decarbonization progress, enabling clients to achieve efficient energy optimization and net-zero goals.

Neology Hydrogen

Grant in 2023
Neology’s ammonia-powered genset represents the next generation of clean power solutions. This advanced system delivers reliable energy with zero emissions, operating completely carbon-free. Designed to be mobile and versatile, it is perfect for off-grid and remote applications. Additionally, its silent operation ensures minimal noise pollution, making it an ideal choice for sustainable and efficient energy generation in any environment.

DioQuest

Non Equity Assistance in 2023
A transformative approach to creating high-value, high-performance products through a unique process that combines two waste streams, CO2 gas from various sources and produced water.

Earthbond

Non Equity Assistance in 2023
Earthbond facilitates collective purchasing power within neighborhoods for improved pricing and financing options.

FluxWorks

Non Equity Assistance in 2023
FluxWorks specializes in the development and manufacturing of magnetic gears and integrated motors. Their products offer superior powertrain solutions, characterized by low weight, reliability, lubrication-free operation, and minimal maintenance costs.

AZUL Energy

Non Equity Assistance in 2023
AZUL Energy is a pioneering company focused on enhancing air battery performance through innovative catalyst technology. The company specializes in the development and manufacturing of metal-free catalytic electrodes and electrolysis catalysts, which are designed to optimize energy systems and promote a recycling-oriented society. AZUL Energy's research has demonstrated that its catalyst electrodes, which utilize unique pigments, outperform traditional materials such as platinum carbon. By providing cost-effective and resource-efficient solutions, AZUL Energy aims to facilitate the production of green hydrogen and support the transition to sustainable energy practices. Through its eco-friendly products, the company also advocates for new lifestyles that align with environmental sustainability.

Hydrobee

Non Equity Assistance in 2023
Hydrobee develops innovative clean energy technology to address global challenges. Their flagship product, Firebee™, converts heat from stoves into USB charging power for devices like phones and LED lights. By improving combustion efficiency and reducing smoke, Hydrobee aims to alleviate indoor air pollution and energy poverty among the billions who rely on biomass stoves daily.

Greenly

Non Equity Assistance in 2021
Greenly provides a carbon accounting and management platform that helps companies track, measure, and reduce greenhouse gas emissions. It delivers GHG protocol compliant disclosures and Net Zero strategies aligned with the Science Based Targets initiative, and automates data collection by integrating with customers' accounting and billing systems for real-time emission analysis and ongoing carbon reporting. The platform supports industry-specific implementations with activity-based tracking apps for verticals such as freight, electricity, cloud, inventory management, and financed emissions, and helps procurement teams implement sustainable purchasing policies and engage suppliers to decarbonize the supply chain. Greenly focuses on practical, scalable solutions beyond traditional consulting, enabling continuous monitoring, reduction, and offsetting in line with international carbon accounting standards.

Solarflux Energy Technologies

Non Equity Assistance in 2021
Solarflux Energy Technologies specializes in solar thermal power through its innovative parabolic dish concentrator technology. This technology is designed to address the increasing energy demands of modern society while providing a clean and cost-effective energy solution. By utilizing low-cost materials, Solarflux is able to offer enhanced energy conversion efficiency and reduced system costs. The company's solutions require minimal land use, allow for streamlined installation, and demand low maintenance, making them an attractive option for clients seeking sustainable thermal energy alternatives.

Solfoil

Non Equity Assistance in 2021
SolFoil specializes in the development of innovative solar heating equipment designed for outdoor cooking and heating applications. The company offers compact and easy-to-use solar heated packages that enable users to heat, cook, pasteurize, and sterilize food without the hazards associated with traditional methods, such as smoke or fire risk. By harnessing sunlight effectively, SolFoil's products are suited for a variety of situations, including outdoor activities, sports events, and emergency or crisis scenarios, providing a practical solution for users seeking reliable and safe heating options.

HeatNeutral

Non Equity Assistance in 2021
HeatNeutral is a pioneering manufacturer specializing in biofuel burners designed for carbon-neutral heating. Their burners, compatible with any liquid biofuel, generate zero harmful emissions, making them an innovative solution for the heating sector to significantly reduce its carbon footprint.

Eaternity

Non Equity Assistance in 2021
Eaternity develops a software management platform for the restaurant industry that provides real-time calculations for allergen and nutrition declarations and estimates the carbon footprint of meals and restaurant operations. The platform also tracks supply-chain data and delivers insights to support smart decision-making toward a more sustainable food system. Through the Eaternity Score, the environmental impact of food products is made transparent to consumers and decision-makers. The company was founded in 2014 and is based in Zurich, Switzerland.

Element 16 Technologies

Non Equity Assistance in 2021
Element 16 Technologies operates in the energy industry, specializing in high-temperature heat energy storage systems. Their innovative technology uses a molten sulfur mixture to enhance energy efficiency and reduce waste heat in cogeneration plants, thereby decreasing carbon footprint for commercial and industrial facilities.

SmartHelio

Non Equity Assistance in 2021
SmartHelio is a software company specializing in predictive analytics for the solar industry. Its platform uses advanced algorithms and AI to detect faults in solar systems, enabling real-time insights and recommendations for improved performance and efficiency. By integrating with existing IT platforms or providing a dashboard, SmartHelio helps solar companies optimize their operations, reduce O&M efforts by 30%, and generate up to 5% extra energy.

Flyworks

Non Equity Assistance in 2021
Founded in 2019, Flyworks develops innovative hybrid propulsion drones. Their patent-pending technology combines internal combustion engine power for extended flight duration with electric drive for maneuvering, enabling significant payload capacity while maintaining safety and cost-efficiency.

ThermoTerra

Non Equity Assistance in 2021
ThermoTerra captures a new source of renewable energy, powered by natural fluctuations in humidity - Humidity Power - to heat and cool build.

ThermoAI

Non Equity Assistance in 2020
ThermoAI optimizes industrial combustion processes using proprietary machine learning algorithms. Its systems continuously monitor factors such as moisture content, atmospheric pressure, and air intake levels, adjusting them in real-time to achieve near-perfect combustion. This results in fuel savings, increased energy output, extended equipment lifespan, and reduced emissions.

Quempin SpA

Non Equity Assistance in 2020
Quempin SpA specializes in providing innovative combustion technology aimed at facilitating the transition from polluting fuel sources to cleaner alternatives in the heat sector. The company offers efficient gas burners designed to significantly reduce gas fuel consumption by at least 20%, making it easier for businesses to adopt cleaner energy solutions. Quempin’s services include the design, installation, and repair of gas equipment, as well as engineering support for industrial process conversions and remodeling. The company focuses on porous media burners and gas installations, emphasizing clean combustion and the reduction of gas emissions. By offering cost-effective solutions that require no upfront investment for companies currently using coal or firewood, Quempin helps businesses manage the transition to sustainable energy sources while ensuring ongoing maintenance and technical support through authorized technicians.

Direct Kinetic Solutions

Non Equity Assistance in 2020
Direct Kinetic Solutions is focused on developing, manufacturing, and selling advanced Persistent Power Sources (PPS) that harness the energy emitted by beta-emitting isotopes. These innovative power solutions provide a reliable and continuous energy supply, making them ideal for applications in small satellites, asset tracking, and various future technology projects. By offering a radioisotopic battery system, the company enables businesses to reduce their reliance on traditional lithium batteries, thereby optimizing both power efficiency and spatial constraints in their designs. Direct Kinetic Solutions aims to position itself as a leading provider of sustainable energy solutions for future generations.

Power2Peer

Non Equity Assistance in 2020
Power2Peer is a developer of a blockchain-secured energy trading platform designed to facilitate the purchase and sale of renewable energy at a local level. Its app-based marketplace, P2PConnect, connects small-scale energy producers and consumers, enabling them to buy and sell clean energy directly. This platform allows community members, who may not be able to invest in traditional renewable energy installations like rooftop solar panels or wind farms, to easily access locally sourced clean energy. Additionally, corporate clients and small businesses can benefit from offsetting their carbon footprints by utilizing this sustainable energy, even in the event of grid outages. Power2Peer aims to expand the renewable energy market by promoting the use of micro-grids powered by solar panels and other renewable resources, making sustainability more accessible and affordable for all.

Brevel

Pre Seed Round in 2020
Brevel develops innovative cultivation technology for sustainable, low-cost production of microalgae. Its high-tech, indoor, automated systems use internal illumination to achieve over 90% cost reduction and up to 200 times higher yields compared to traditional methods. Brevel targets various markets where microalgae-derived products are in demand.

ParagonH2

Non Equity Assistance in 2020
ParagonH2 delivers hydrogen-powered clean energy and water for business, community, and homes.

VoltXon

Non Equity Assistance in 2020
VoltXon introduces a new kind of NanoGenerator energy harvester to the market and develops a life-long and battery-free cardiac pacemaker.

C2C NewCap

Non Equity Assistance in 2020
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.

COI Energy Services

Non Equity Assistance in 2020
COI Energy Services, Inc. is a Tampa, Florida-based company that offers software as a service (SaaS) solutions tailored for utilities and their business customers to enhance energy efficiency and reduce costs. Founded in 2016, the company develops an energy optimization platform that utilizes artificial intelligence to facilitate two-way communication between utilities and customers. Its services include demand response, energy efficiency analytics, renewable energy capacity identification, and alerts for available rebates and incentives from utility companies and government programs. By focusing on energy optimization and waste elimination, COI Energy Services not only assists customers in becoming more energy-efficient but also aims to increase utility earnings while supporting environmental sustainability. The company was previously known as COI Empowerment & Energy Services LLC before rebranding in December 2017.

Green

Grant in 2020
Green is a digital platform focused on energy buying and management. It provides businesses with tools and resources to optimize their energy consumption and procurement processes. By leveraging technology, Green aims to simplify the complexities of energy management, enabling companies to make informed decisions and enhance their sustainability efforts. The platform's user-friendly interface allows users to monitor energy usage, compare energy suppliers, and identify cost-saving opportunities. Through its innovative approach, Green is positioned to support businesses in transitioning to more efficient energy practices while contributing to broader environmental goals.

Aerospec Technologies

Non Equity Assistance in 2019
Aerospec Technologies is a Chicago-based technology company specializing in the development of an advanced three-axis flight control system for unmanned aerial vehicles (UAVs). This innovative system is designed to autonomously inspect and monitor assets within the energy sector, providing high-quality data collection that enhances operational safety and efficiency. By facilitating safer operations and reducing maintenance costs, Aerospec Technologies aims to support the accelerated adoption of renewable energy solutions, ultimately benefiting stakeholders across the industry.

Aeromine Technologies

Non Equity Assistance in 2019
Aeromine Technologies specializes in developing wind energy systems designed specifically for stationary buildings. Their innovative technology enables safe and silent operation, with installations along the building's rim facing prevailing winds, allowing owners to harness untapped wind energy for on-site power generation.

Camberline Technologies

Non Equity Assistance in 2019
Camberline Technologies is a developer of a sensor-driven energy platform designed to monitor electricity usage and promote energy conservation. The company's technology provides billing-ready data to utility systems through established data exchange interfaces, facilitating accurate and efficient billing processes. By leveraging this platform, consumers can receive incentives to modify their electricity consumption habits, ultimately supporting efforts to enhance energy efficiency within communities.

GRID

Non Equity Assistance in 2019
GRID focuses on supplying rural areas with consistent, affordable electricity and plans to meet the population's energy requirements. It intends to bring power to rural areas of the nation that, for a variety of reasons, are currently without it. Various fundamental issues, such as lighting, clean drinking water, communication, and electrifying the villages have creative solutions in it.

Plastic2Nrg

Non Equity Assistance in 2018
Plastic2Nrg provides units that receive plastic waste as input and generate electricity as an output.

SolarBox

Non Equity Assistance in 2018
SolarBox is a renewable energy technologies company that offers renewable energy technologies to people who lack access to electricity. The company is driven by its mission is to offer people who lack access to electricity a better life using renewable energy technologies. The company was founded in 2017 and headquartered in Boston, Massachusetts.

LGM S.A.

Non Equity Assistance in 2018
LGM S.A. specializes in developing an innovative energy management system aimed at optimizing power generation. The company's technology enhances the efficiency of power generators, including wind turbines, by up to 30%. By focusing on increasing power density from existing generators, LGM S.A. contributes to a more sustainable energy future. Their solutions allow manufacturers to harness excess power from permanent magnet electricity generators, resulting in significant energy savings and reduced operational costs.

Brightmerge

Non Equity Assistance in 2018
Founded in 2018, Brightmerge develops a SaaS platform that optimizes renewable energy microgrids using AI-based tools. It serves microgrid developers, financiers, and operators by providing accurate performance prediction software for designing and operating complex energy networks.

SolarChange

Grant in 2017
SolarChange leverages cutting edge disruptive technology, including blockchain and machine learning, to create an unparalleled reliable, comprehensive and potentially unlimited data platform for the renewable energy market. Utility companies, grid operators and users alike can obtain real time energy tracking while global trade markets can benefit from such accurate and real time data. Smart predictions, insights and forecasts will be taken to a new level with our proprietary technology.

Skyven Technologies

Grant in 2017
Skyven Technologies is an energy-as-a-service company specializing in decarbonizing industrial process heat. It works with manufacturers in hard-to-decarbonize industries, providing clean, emissions-free process heat at prices lower than natural gas. Skyven installs its advanced technology, such as the Arcturus line of steam generating heat pumps, with no upfront capital cost or disruption to existing processes. The company monitors carbon emissions in real-time and bills clients only for the clean energy delivered. It offers dashboards displaying real-time data-backed savings and carbon metrics.

Dechets a L'Or

Grant in 2017
Creating a waste management system in secondary cities that collect urban waste for composting and anaerobic digestion to produce Fertilizer and Energy. We imagine a world in which cities obtain social, economic and environmental value from waste and are therefore healthier and more sustainable places. Our mission is to change how cities in sub-Saharan Africa view their waste. Through innovation of waste systems in small and medium-sized African cities we will provide fertilizer to farmers, energy to businesses, improve the local environment and community health, and create jobs to reduce poverty.

The Energy Audit

Grant in 2017
The Energy Audit is a reference point and provides practical support for all professionals dealing with energy efficiency: energy managers, energy consultants, ESCOs, utility providers and government institutions.

XOC

Grant in 2017
XOC offers a unique learning experience and it creates an energy awareness that will allow users to save energy in short and long term and at the same time contribute to the environment. XOC is designed for a new energy-based economy. Where buying and selling energy will be a fundamental activity in the near future, where smart cities will be incorporated to the Smart grid.

Skypull

Grant in 2017
Skypull develops airborne wind energy systems using autonomous drones that fly at higher altitudes, capturing strong winds and transmitting power via tether to ground-based generators. Founded in 2013, Skypull aims to provide clean, affordable energy while minimizing environmental impact.

Gaszen

Non Equity Assistance in 2016
Gaszen is a developer of an innovative gas management platform focused on enhancing the consumption experience for users of propane, a primary energy source for approximately 3 billion people globally. The company offers a comprehensive Internet of Things (IoT) solution that connects stationary propane tanks to the internet, allowing for real-time monitoring and management. Its platform includes a wireless sensor that replaces traditional analog meters, providing users with insights into their consumption patterns and tank levels over days and weeks. This transparency empowers both residential users and small to medium-sized businesses to optimize their propane usage, ultimately enabling them to save money and avoid running out of fuel. Gaszen's strategic focus on the Mexican market, where propane consumption per capita is the highest in the Americas, aligns with its goal of serving a significant number of users and streamlining interactions among consumers, gas suppliers, and dispatchers through dedicated applications and dashboards.

Gaszen

Seed Round in 2016
Gaszen is a developer of an innovative gas management platform focused on enhancing the consumption experience for users of propane, a primary energy source for approximately 3 billion people globally. The company offers a comprehensive Internet of Things (IoT) solution that connects stationary propane tanks to the internet, allowing for real-time monitoring and management. Its platform includes a wireless sensor that replaces traditional analog meters, providing users with insights into their consumption patterns and tank levels over days and weeks. This transparency empowers both residential users and small to medium-sized businesses to optimize their propane usage, ultimately enabling them to save money and avoid running out of fuel. Gaszen's strategic focus on the Mexican market, where propane consumption per capita is the highest in the Americas, aligns with its goal of serving a significant number of users and streamlining interactions among consumers, gas suppliers, and dispatchers through dedicated applications and dashboards.

PrintCB

Grant in 2016
PrintCB specializes in developing copper inks for printed electronics manufacturing. Its innovative materials replace silver, significantly reducing production costs in a $70B market. Based in Ness Ziona, Israel.

Empowerment Solar

Grant in 2016
Empowerment Solar fosters energy independence and economic prosperity across the Middle East by supplying affordable and easy access to reliable and clean solar electricity. They design and install distributed solar electricity systems for Palestinian businesses in the West Bank, eventually expanding across the region. They save Palestinian firms (who pay 70% more than Americans for electricity) 1,000s of dollars annually and eliminate electricity-shortage constraints plaguing West Bank companies.

CoolComposites

Grant in 2016
CoolComposites specializes in innovative additives for building materials, specifically designed to enhance foam insulation. Their flagship product, CoolFlux, utilizes a thermally-reversible inorganic phase-change material that effectively regulates indoor temperatures. This additive functions by trapping heat during the day when external temperatures rise, subsequently releasing it at night to maintain comfort while recharging for the following day. By integrating these drop-in additives into building materials, CoolComposites enables energy-efficient insulation that reduces cooling energy consumption and shifts energy use to off-peak hours, resembling a thermal battery embedded within walls. This technology promotes energy efficiency and contributes to sustainable building practices.

uLink

Grant in 2016
uLink enable developing world energy service providers to quickly develop and easily manage low-cost, modular microgrids in off-grid areas.

Insolight

Grant in 2016
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of advanced solar panels. The company has achieved record efficiency levels of 29 percent for its solar modules, significantly lowering residential solar electricity costs. Insolight utilizes innovative optical technology that combines high efficiency with the ease of mounting similar to standard flat panels. The company has also demonstrated its capabilities through third-party validations, achieving 36 percent efficiency on lab prototypes and 29 percent on pre-industrial modules. Insolight's business model focuses on developing intellectual property, controlling wholesale distribution, and outsourcing manufacturing. Additionally, the company is engaged in creating photovoltaic systems aimed at reducing solar electricity costs in the agricultural sector, employing integrated tracking methods to optimize energy production based on the sun's position.

Eat Your Coffee

Grant in 2016
Eat Your Coffee is a company that produces innovative coffee-based energy bars aimed at providing a nutritious and caffeinated snack option. Founded by coffee-deprived college students at Northeastern University, the company combines organic, Fair Trade coffee with real ingredients to create energizing snacks. Their product line includes flavors such as mocha latte, coconut mocha, and caramel macchiato, appealing to consumers seeking a natural alternative to traditional caffeinated options. By crafting energy bars that taste like real coffee, Eat Your Coffee seeks to energize lives while promoting a healthier snacking experience.

Ubuntu Power

Grant in 2016
Ubuntu Power is committed to enhancing the lives of millions of Sub-Saharan Africans living without electricity or internet connectivity. The company provides solar power solutions and mobile services, delivering clean electricity and digital connectivity to underserved areas.

Wegaw

Non Equity Assistance in 2016
Wegaw processes remote sensing satellite data using artificial intelligence to monitor renewable energy sources such as water and snow. This enables clients to enhance their energy forecasting capabilities, increasing production by up to 10% and improving trading prices.

Energy Harvesters

Grant in 2015
Energy Harvesters LLC is commercializing a personal electronics mobile power source called the Walking Charger The Walking Charger allows users to charge the batteries in their mobile electronics devices anytime, anywhere just by walking.

Open Energy Market

Grant in 2015
Open Energy Market is a technology-driven company founded in 2012 and headquartered in Guildford, Surrey. It specializes in creating a commercial marketplace focused on energy buying and management, specifically designed for medium to large enterprises throughout the United Kingdom. The company offers an automated platform that streamlines the procurement process by managing energy contracts and providing clients with real-time price comparisons from various suppliers. This platform captures and stores essential data, simplifying reporting, forecasting, and portfolio management for energy buyers. By leveraging technology and expertise, Open Energy Market aims to empower clients with greater control and insight, helping them navigate the complexities of the evolving energy industry and develop effective, lasting energy strategies.

Response Technologies

Grant in 2015
Response Technologies, LLC, founded in 2015 and based in Coventry, Rhode Island, specializes in additive manufacturing and advanced material science. The company focuses on developing innovative techniques for creating 3D textile structures and reinforced composites, which are particularly beneficial for industries such as national defense, energy, aerospace, automotive, and transportation. One of its key products includes explosion-resistant fuel tanks, which enhance safety and effectiveness in fuel containment. As a subsidiary of Bell Textron Inc., Response Technologies is committed to addressing the material science and additive manufacturing needs of diverse sectors, ensuring that clients receive high-quality fuel cells and components tailored to their specific requirements.

Hyliion

Grant in 2015
Hyliion specializes in developing innovative solutions for clean, flexible, and affordable electricity production. Headquartered in Austin, Texas, the company focuses on distributed power generators that can operate on various fuel sources to future-proof against changing energy economies. Initially targeting commercial spaces, Hyliion aims to provide practical solutions contributing positively to the environment.

Colibri

Non Equity Assistance in 2015
Colibrí accelerates the transition to renewable energy and increases the purchasing power of Nicaraguan families. Hummingbird is catalyzing the transition to clean energy and unlocking the purchasing power of Nicaraguan households.

Advizzo

Non Equity Assistance in 2015
Advizzo Limited is a London-based company that specializes in developing a cloud-based platform focused on behavioral and data-driven solutions aimed at reducing water and energy consumption. Founded in 2015, the company leverages data analytics and machine learning to provide insights into utility consumption, forecast future demand, and detect leaks in household water systems. Advizzo's platform caters to both consumers and utility companies; it offers homeowners personalized usage reports and leak detection services while providing utilities with predictive analytic models, usage analytics, and customer engagement tools. By utilizing behavioral science, Advizzo aims to transform how individuals perceive and manage their water and energy usage, ultimately promoting the preservation of natural resources.

Eve Technologies

Grant in 2014
Eve Technologies specializes in designing and implementing solutions that increase the kilometers per liter of the fleets. They are a team that shares the desire to contribute positive change factors to their context and they concentrate on materializing the solutions that generate profit for all materially, intellectually, socially and emotionally.

Aeolus Building Efficiency

Grant in 2013
Aeolus Building Efficiency will reduce energy use in large office HVAC systems at a much lower cost than current technologies. Their full-service, software solution uses advanced technology (pat. pend.) for room-by-room measurement and optimization of airflow, reducing HVAC energy up to 20% without expensive equipment installations or labor-intensive rebalancing. Their scalable business model will create significant financial value for customers and prevent millions of tons of CO2 emissions.

Aeolus Building Efficiency

Grant in 2013
Aeolus Building Efficiency will reduce energy use in large office HVAC systems at a much lower cost than current technologies. Their full-service, software solution uses advanced technology (pat. pend.) for room-by-room measurement and optimization of airflow, reducing HVAC energy up to 20% without expensive equipment installations or labor-intensive rebalancing. Their scalable business model will create significant financial value for customers and prevent millions of tons of CO2 emissions.

Energy Intelligence

Grant in 2013
Founded in 2014, Energy Intelligence develops innovative technology that generates clean energy from the motion of vehicles at high-traffic locations. Its patented system captures waste energy from braking vehicles to produce cheap electricity onsite for local use, with projected levelized costs as low as 7 cents per kWh and payback periods ranging from 2 to 3 years.

Ubidots

Angel Round in 2013
Ubidots is a cloud-based Internet of Things (IoT) platform that offers solutions for connected hardware and software to facilitate the remote monitoring, control, and automation of processes, primarily serving clients in healthcare, energy, manufacturing, transportation, and retail sectors. Founded in 2012 and transitioning into a global product-oriented startup in 2014, Ubidots provides a platform that enables users to collect, analyze, and visualize sensor or digital data through customizable dashboards and device libraries. Renowned for its affordability and reliability, Ubidots has distinguished itself in a competitive IoT ecosystem by focusing on practical, hands-on experience, which has enhanced its understanding of digital transformation. The company has gained recognition among system integrators and original equipment manufacturers for its user-friendly approach to developing custom business applications in the IoT space.

Invisergy

Grant in 2012
Invisergy has developed a transparent, electricity generating window. In a 20 story commercial building, energy generation of 100 kW is possible, providing for 5-10% of a building’s load requirement. Invisergy’s window is an extremely low cost per watt solution that maintains the aesthetic appeal necessary to penetrate new construction in the Building Integrated Photovoltaic market. Invisergy's proprietary technology will add value for window manufacturers through strategic partnerships. Invisergy has developed a cost-effective, transparent solar energy generating window that will revolutionize building sustainability.

HydroConfidence

Grant in 2012
HydroConfidence is focused on supporting the natural gas extraction industry by offering tools and services aimed at maximizing gas production while minimizing environmental impact. The company is developing two main products: an aquifer monitoring system that employs a network of well-based sensors to detect methane migration, and a downhole monitoring system designed to provide data on gas flow and mechanical integrity. These innovations not only enhance the financial competitiveness of natural gas but also promote its environmental safety, contributing to a more sustainable approach in the sector.

Dynamo Micropower

Grant in 2012
Dynamo Micropower Corporation is a technology company focused on developing innovative fuel-flexible gas turbines tailored for small distributed generation in the oil and gas industry. Founded in 2011 and headquartered in Somerville, Massachusetts, the company offers advanced power solutions, including its PowerCore system, which provides reliable, grid-quality power while operating on local unrefined gas. This capability allows customers to significantly reduce energy costs, with savings of up to 80%, and enhances equipment performance by up to 25%. Dynamo also provides custom solutions and a flameless turboheater known as Infernocore, addressing the specific needs of oilfield applications. The company distributes its products through a network of distributors and offers support services via service partners, having established a solid customer base that includes notable clients such as Kinder Morgan and Caterpillar.

STG International

Grant in 2011
STG International provides small-scale low cost solar thermal power plant for electrifying clinics and schools in developing countries. In the world's poor rural areas schools and health clinics struggle to provide adequate service without electricity or hot water. Electrification of these institutions proceeds slowly with expensive grid extension, photovoltaic (PV) panels or diesel generators. STG has developed a better solution: a miniaturized solar thermal power plant using low cost solar collectors and a novel ORC engine that can provide clean electricity and hot water at a fraction of the cost of competing systems.

Precision Slip

Grant in 2011
Precision Slip is a novel drag reducing technology that decreases the energy needed to propel a ship through the water. This means cost savings and lower emissions from reduced fuel consumption, and increased speed and range. They have peer reviewed published results and are developing a prototype for large scale testing in realistic operating conditions.

Resolute Marine Energy

Grant in 2011
Founded in 2007, Resolute Marine Energy develops wave energy converters that generate clean electricity from ocean waves. The company also uses this technology to transport seawater for on-shore desalination facilities, producing drinkable water alongside power.

SmarterShade

Grant in 2011
SmarterShade is a company based in South Bend, Indiana, specializing in innovative light-control technology that allows users to electronically darken windows, skylights, and other glass surfaces with ease. This technology enhances privacy and energy efficiency by enabling adjustable light levels based on individual preferences. SmarterShade's proprietary aftermarket solution can be applied to various glass surfaces, including residential doors and rear-view mirrors, making it versatile for both home and commercial applications. By integrating this smart tinting feature into buildings, SmarterShade aims to contribute to energy savings and improved comfort, positioning itself as a key player in the clean technology sector.

Enertaq

Grant in 2010
Enertaq provides a software service that integrates with existing Building Management Systems. They make slight adjustments in the timing of power consumption in buildings to promote electricity grid reliability, reduce carbon emissions and earn new revenue for building owners.

Resolute Marine Energy

Grant in 2010
Founded in 2007, Resolute Marine Energy develops wave energy converters that generate clean electricity from ocean waves. The company also uses this technology to transport seawater for on-shore desalination facilities, producing drinkable water alongside power.

Emergent Energy

Grant in 2010
Emergent Energy (Pty) Ltd. specializes in providing renewable energy solutions, including both grid-tied and off-grid systems, sustainable building design, and energy efficiency consulting. Founded in 2010 and based in Cape Town, South Africa, the company caters to a diverse clientele across various sectors, such as information and communication technology, agriculture, hospitality, education, and government. Its offerings include tailored solar photovoltaic systems, wind and hydro solutions, and Energy Heat Pump installations, all designed to meet the unique challenges of different environments. Emergent Energy also supports clients with comprehensive technical guidance and monitoring solutions to track system performance and ensure efficient operation and maintenance. With a commitment to enhancing the sustainability of South Africa’s energy sector, the company draws on extensive local and international expertise to deliver innovative solutions that promote cleaner and more reliable energy systems.

Zero Carbon

Grant in 2010
Zero Carbon is transforming CO2 from a liability to an asset by producing revenue-generating petrochemicals, thereby eliminating the need for carbon sequestration and lowering the costs of oil exploration and production, transportation, and refining.
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