Shell E4, established in 2017 and located in Bengaluru, India, is an accelerator focused on fostering innovation in clean technology and sustainability. The firm invests in ventures that address pressing environmental challenges, including waste management, plastic circularity, and carbon capture technologies. Additionally, Shell E4 seeks to support advancements in machine learning solutions aimed at achieving net-zero emissions, as well as developments in electric vehicle charging infrastructure and battery swapping. By prioritizing investments in these areas, Shell E4 aims to empower energy entrepreneurs and facilitate the adoption of transformative technologies that contribute to a more sustainable future.
ElectronX is a developer of an electricity exchange platform designed to facilitate the transition of the U.S. grid to renewable energy sources. As demand for electricity grows and the grid increasingly incorporates intermittent renewable resources, the company aims to support power providers, consumers, and industry innovators in navigating the complexities of the modern power market. ElectronX's platform enables participants to hedge risks associated with volatile short-term electricity prices and to monetize their power assets effectively. By smoothing the financial pathways for the adoption of renewables, ElectronX plays a crucial role in advancing the clean energy transition.
Zap Energy
Series D in 2024
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.
Kraftblock
Series B in 2023
Kraftblock specializes in developing innovative thermal energy storage systems that facilitate the transition to renewable energy for various industries. By focusing on a materials-development approach, the company offers efficient and sustainable solutions for decarbonizing heat processes, addressing the urgent need to combat the climate crisis. Kraftblock's unique technology enables the storage and delivery of heat at temperatures up to 1300°C, making it suitable for a wide range of industrial applications that traditional thermal storage systems cannot support. In addition to promoting sustainable practices, Kraftblock's systems also enhance safety by providing reliable solutions during fire outbreaks, positioning the company as a key player in the energy transition towards 100% renewable sources.
Mainspring
Series E in 2022
Mainspring Energy, Inc. is a company based in Menlo Park, California, focused on developing linear generator technology that produces low-carbon, dispatchable energy. Founded in 2010 by three Stanford engineers, Mainspring aims to address the challenges of climate change while providing affordable electricity. The company engineers advanced prototypes of linear generators that convert fuel into electricity through a low-temperature reaction of air and fuel, driving magnets through copper coils. This innovative approach allows Mainspring to offer electricity at lower costs and with greater reliability, contributing to the vision of creating net-zero carbon grids in the future.
Aurora Hydrogen
Series A in 2022
Aurora Hydrogen is focused on advancing hydrogen production technology that leverages efficient microwave energy to create clean hydrogen. This innovative approach is designed to decarbonize transportation and industrial processes, allowing for significant reductions in carbon dioxide emissions. The technology is highly scalable, making it suitable for a range of applications from small fueling stations to large industrial setups. Notably, Aurora Hydrogen's production process does not generate carbon dioxide or consume water, positioning the company as a key player in efforts to mitigate climate change by potentially reducing global carbon dioxide emissions by over 500 million tonnes annually.
Zap Energy
Series C in 2022
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.
Flair
Series A in 2022
Flair makes smart vents and wireless thermostats and advanced software for residential heating and cooling. The company builds smart hardware and software for HVAC controls focused on efficiency, comfort, electrification, and smart grid integration. The company's products are sold through multiple channels including direct to consumer, HVAC distribution, and utilities.
GridPoint
Private Equity Round in 2022
GridPoint, Inc. specializes in energy management solutions that utilize real-time data collection, big data analytics, and cloud computing to enhance energy efficiency and sustainability for various industries. The company offers a comprehensive range of products, including energy management hardware like submeters and advanced monitoring devices, as well as the GridPoint Energy Manager software platform that allows users to oversee energy-consuming assets such as HVAC and lighting systems. Additionally, GridPoint provides mobile applications for on-the-go access to site details and real-time data. Their services encompass customer support, consultative energy advisory, control support, and site monitoring. GridPoint serves a diverse clientele, including retailers, grocery stores, restaurants, commercial enterprises, government entities, and educational institutions. Founded in 2003 and headquartered in Reston, Virginia, with an additional office in Roanoke, GridPoint operates as a subsidiary of Twenty First Century Utilities, LLC.
Noova Energy Systems
Private Equity Round in 2022
Noova helps customers monitor consumption patterns, both day and night, in order to uncover illogical consumption or areas where it is possible to use energy smarter.
Heaten
Series A in 2022
Heaten is an industrial start-up focused on accelerating the electrification of heat to support deep decarbonization across various industries. With eight years of research and development, Heaten specializes in heat-to-power and power-to-heat technologies, particularly through its innovative piston compressor heat pumps. These systems are designed for industrial-scale applications and can achieve process temperatures of up to 400 degrees Celsius, addressing approximately 30% of the energy demand for industrial heating processes. The company's technology platform not only enhances efficiency but also aims to provide sustainable and reliable heating solutions. Heaten has successfully completed the full cycle of R&D, prototyping, and engineering, delivering 200kW heat pumps and industrial equipment to clients. As Heaten seeks to scale its platform, it remains committed to advancing its research and development efforts to meet industry requirements and maintain a competitive edge in the medium-temperature process heat market.
AutoGrid
Series D in 2021
AutoGrid is a company that specializes in energy data management and big data analytics to enhance the efficiency of energy delivery. Founded in 2011 at Stanford University, AutoGrid develops a suite of applications aimed at managing distributed energy resources (DERs) in real time. These applications allow utilities, electricity retailers, and energy service providers to optimize energy distribution by leveraging vast amounts of data from smart meters, sensors, and third-party sources. By employing advanced algorithms and data science techniques, AutoGrid enables clients to monitor, predict, and control energy assets across global networks, ultimately facilitating the delivery of clean, affordable, and reliable energy. The team comprises skilled software architects, engineers, data scientists, and energy experts dedicated to addressing critical challenges in the energy sector.
LO3 Energy
Series B in 2021
LO3 Energy, Inc. is a Portland, Oregon-based company that operates Pando, a marketplace solution designed to connect energy suppliers with customers. Founded in 2012, LO3 Energy focuses on developing technology and tools to support the growth of decentralized energy models, particularly through the use of its proprietary blockchain. The company's services enable retail clients in the utility and energy sectors to create, deploy, and monetize innovative energy products and customer services. By facilitating the formation of community microgrids, LO3 Energy aims to enhance the competitiveness and accessibility of the emerging distributed energy economy.
Nirvana Energy Systems
Pre Seed Round in 2020
Nirvana Energy Systems focuses on creating innovative home energy solutions that generate electricity and heat using clean natural gas. The company has developed a micro-combined heat and power system designed for residential use, which efficiently converts gas into electricity while also providing domestic water and space heating. This technology aims to help users save on energy costs and reduce their carbon footprint by offering a compact, effective, and dependable power source.
i6 Group
Series A in 2020
I6 Group Limited is a provider of data and software solutions tailored for the energy, aviation, defense, and transportation sectors. Founded in 2013 and headquartered in Farnborough, United Kingdom, with additional offices in Europe, Canada, and the United States, the company specializes in developing integrated digital fuel management platforms. Its key offerings include Fusion6, a comprehensive refueling management platform; Synthesis6, which streamlines airline fuel management processes; and eHandshake, a mobile application that allows pilots to manage fuel orders efficiently. I6 Group serves a diverse clientele, including airlines, airports, fuel managers, and logistics providers, focusing on enhancing operational efficiency, reducing costs, and supporting environmentally sustainable practices through advanced technology and data integration.
Palmetto Clean Technology
Series B in 2020
Just as technology has advanced society and delivered exciting consumer products, like Tesla cars and the iPhone, tech innovation is empowering homeowners across the country to join the New Utility Revolution. Palmetto’s clean energy marketplace and custom software tools help homeowners quickly estimate utility cost-savings and get renewable energy sources up and running, with ongoing data insights and support. For individuals, this innovation means lower utility bills, more transparency, control over energy use, increase in property value, and protection against power outages. When adopted en masse, a clean energy shift is a major step towards combating climate change and achieving American energy independence.
Energos
Pre Seed Round in 2020
Energos develops a unified platform and edge AI for managing EV charging infrastructure and microgrids. The company's platform enables seamless integration with various electric vehicle chargers, storage systems, PV systems, HVAC, and other technologies. This allows retailers such as fuel service stations, convenience stores, EV charging and battery swap stations, hydrogen and CNG stations, and utilities to establish and manage multiple energy choices for EV car owners.
Tensor Dynamics
Seed Round in 2020
Tensor Dynamics operates a weather data platform that utilizes machine learning and real-time data to provide accurate weather predictions. The company focuses on delivering resolution forecasts across various time and spatial scales. By leveraging advanced science-based weather and climate data technologies, Tensor Dynamics aims to offer precise forecasts and historical weather information, employing cloud tracking techniques. Its services are particularly beneficial for heavy industries and utility companies, helping them access critical climate data to enhance productivity.
Orb Energy
Corporate Round in 2019
Orb Energy specializes in providing affordable renewable energy solutions for off-grid households in India, primarily through solar home systems. The company offers these systems at a cost of USD 4 per month, catering to low-income customers by leveraging a robust retail distribution network. Currently operating 90 branches, Orb Energy plans to expand significantly, aiming to double its branches and workforce within the next two years, thereby reaching an estimated 250,000 individuals. In addition to solar home systems, Orb Energy is involved in the design, manufacture, installation, and servicing of solar photovoltaic systems for power generation, as well as solar thermal systems for hot water and related lighting components and appliances.
Punjab Renewable Energy Systems
Series B in 2019
Punjab Renewable Energy Systems Private Limited specializes in biomass management and bio-energy services. Founded in 2011 and based in Navi Mumbai, the company focuses on various aspects of biomass, including its plantation, procurement, storage, processing, and supply. Its offerings encompass bio-energy generation, briquetting and pelleting, as well as steam supply contracts. The company also provides project management consultancy, energy audits, and technical consultations related to biomass. Additionally, Punjab Renewable Energy Systems manages the entire supply chain for biomass, ensuring efficient aggregation, transportation, and storage to meet the fuel needs of independent power plants and co-generation facilities. Through these services, the company aims to optimize the use of biomass for energy production.
Salient Energy
Seed Round in 2019
Salient Energy is commercializing a revolutionary new battery based on research at the University of Waterloo. Their zinc-ion battery is perfectly suited, both technically and economically, for storing electricity in the grid. The company's proprietary cathode materials store energy in zinc in a way that has never been commercialized before – Salient Energy has made unique cathode materials that can actually incorporate zinc in their crystal lattice instead of just reacting on the surface. This allows the batteries to have a relatively high energy density. It also allows the user to use of traditional battery designs that are compatible with standard manufacturing equipment. This means that the cheaper, safer, and the longer-lasting battery can be made in existing battery factories around the world.
Corvus Energy
Venture Round in 2019
Corvus Energy Ltd. specializes in the research, development, manufacture, and supply of energy storage solutions tailored for marine, oil and gas, and port applications. Founded in 2009 and headquartered in Richmond, Canada, the company utilizes lithium-ion battery technologies to create modular energy storage systems that deliver reliable and safe power for hybrid and electric propulsion. These systems are designed to support various sectors, including cruise and ferry, offshore, fishing, aquaculture, tugs, workboats, and merchant shipping. In addition to its products, Corvus Energy offers a range of services such as technical support, spare parts, field service, training, consulting, and upgrades. The company's innovative solutions enable significant energy savings and contribute to clean energy leadership within the industry, providing clients with strong returns on investment.
SteamaCo
Series B in 2019
At the last mile, where the O&M costs are high and connectivity is scarce, live two billion underserved energy consumers. SteamaCo offers the world’s most data-efficient energy management system, enabling utilities to operate in previously unreachable places.
LO3 Energy
Venture Round in 2019
LO3 Energy, Inc. is a Portland, Oregon-based company that operates Pando, a marketplace solution designed to connect energy suppliers with customers. Founded in 2012, LO3 Energy focuses on developing technology and tools to support the growth of decentralized energy models, particularly through the use of its proprietary blockchain. The company's services enable retail clients in the utility and energy sectors to create, deploy, and monetize innovative energy products and customer services. By facilitating the formation of community microgrids, LO3 Energy aims to enhance the competitiveness and accessibility of the emerging distributed energy economy.
Innowatts
Series B in 2019
Innowatts, Inc. is a Houston-based company founded in 2013 that specializes in software solutions for energy management. The company develops the PowerEASE platform, which focuses on load forecasting, energy risk optimization, and infrastructure planning. Innowatts leverages advanced data analytics and machine learning to assist energy retailers and utility companies in managing their operations effectively. Its eUtility technology platform utilizes data from over 34 million meters to enhance grid reliability and profitability while promoting sustainability. The company's customer base includes retail energy providers, regulated utility companies, regulatory boards, and residential communities, all benefiting from Innowatts' insights to improve customer relationships and adapt to the evolving energy landscape.
AutoGrid
Series D in 2019
AutoGrid is a company that specializes in energy data management and big data analytics to enhance the efficiency of energy delivery. Founded in 2011 at Stanford University, AutoGrid develops a suite of applications aimed at managing distributed energy resources (DERs) in real time. These applications allow utilities, electricity retailers, and energy service providers to optimize energy distribution by leveraging vast amounts of data from smart meters, sensors, and third-party sources. By employing advanced algorithms and data science techniques, AutoGrid enables clients to monitor, predict, and control energy assets across global networks, ultimately facilitating the delivery of clean, affordable, and reliable energy. The team comprises skilled software architects, engineers, data scientists, and energy experts dedicated to addressing critical challenges in the energy sector.
RightWatts
Pre Seed Round in 2019
RightWatts is focused on transforming the Energy and Automation Market by offering an open platform for industrial applications. This platform enables service providers in industries, buildings, utilities, and data centers to develop, deploy, and replicate complex industrial apps. By utilizing technologies such as IoT, cloud computing, analytics, and artificial intelligence, RightWatts facilitates the integration of various systems into a cohesive, modular, and self-service framework. This approach shifts the traditional, rigid, OEM-driven industrial systems market toward a more flexible and cost-effective industrial apps market, making it easier for clients to manage and optimize their operations.
Axiom Exergy
Series A in 2018
Axiom Exergy is an energy storage company that develops energy management solutions for supermarkets and commercial buildings. Axiom Exergy offers a thermal energy storage retrofit and software solutions to monitor and manage the energy use of refrigerators. The company also offers a system integrator and thermal storage tank. Axiom Exergy was founded by Anthony Diamond and Amrit Robbins in 2014. It is headquartered in Richmond, California.
SteamaCo
Series A in 2017
At the last mile, where the O&M costs are high and connectivity is scarce, live two billion underserved energy consumers. SteamaCo offers the world’s most data-efficient energy management system, enabling utilities to operate in previously unreachable places.
Kite Power Systems
Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, specializes in developing an innovative solution for harnessing wind energy through a twin-kite system. This technology aims to provide a reliable and efficient means of generating clean energy at a utility scale, significantly reducing costs compared to traditional wind turbines while utilizing 85 percent less material. The company’s kite arrays can be deployed both onshore and offshore, making them suitable for locations where conventional wind energy systems are impractical. By offering a sustainable alternative, Kite Power Systems seeks to reduce dependency on fossil fuels and mitigate the impacts of climate change. The technology is supported by extensive testing and development, as well as funding from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund and various private investors.
WellDog
Venture Round in 2014
WellDog is an energy-focused technical services company founded in 1999, dedicated to facilitating sustainable energy resource development through innovative technologies. The company specializes in chemical and natural gas exploration services aimed at enhancing the management of carbon-sensitive activities. WellDog's proprietary Reservoir Raman chemical sensing systems enable commercial reservoir analysis for various resources, including coal, gas, and alternative energy sources. By providing services such as carbon tracking and geophysical processes, WellDog aims to improve production efficiency while minimizing environmental impact, particularly in coal-bed methane operations. This approach allows gas exploration companies to reduce their carbon footprint, thereby promoting responsible and efficient energy exploration and production.
Next Step Living
Series D in 2014
Next Step Living provides home energy evaluations and solutions for individuals and organizations. It offers energy assessment and diagnostics, air sealing and insulation, and multi-family retrofit services. The company also provides customized solutions, such as HVAC repair and replacement, window replacement and installation, solar or geothermal systems installation, building automation, interior and exterior lighting design, and custom retrofit services. Its sustainability solutions include water efficiency and purification, landscape design and management, and indoor air quality services. The company provides assessment and diagnostic processes to heating and cooling, domestic hot water, and electricity and lighting needs. Next Step Living partners with more than 400 municipalities, civic organizations, contractors, and corporations to deliver energy-efficient and environmental-friendly solutions to its customers. Those solutions include home energy assessments, weatherization work, energy-efficient windows, efficient heating, and cooling solutions, and access to solar solutions. Next Step Living was founded in 2008 by Geoff Chapin and is based in Boston, Massachusetts.
2-B Energy
Series B in 2014
2-B Energy specialises in the design and performance of offshore wind turbines.
SURGE Accelerator
Venture Round in 2014
Based in Houston, Texas, "The Energy Capital of the World", SURGE is a leading seed fund and mentor-driven accelerator that identifies, invests in, and enables entrepreneurs who are solving the world's energy problems. SURGE identifies leaders, validates business models, raises capital, and connects startups to customers and the global energy ecosystem. SURGE has recruited over 150 of the world's top scientists, engineers, executives, entrepreneurs, venture capitalists, and angel investors to serve as mentors. SURGE is ranked in the Top Ten accelerators in the US. Since May 2012, portfolio companies have raised Seed and Series A funding of over $25M. Join SURGE and elevate your business to the next level! The 4-month SURGE program is designed to provide 3 stages of support: Market Validation - SURGE helps companies develop relationships with mentors and industry experts who will provide expert feedback on all aspects of the business. Companies solicit feedback, refine their business models, and develop market entry strategies. Scaling Operations - SURGE makes crucial customer introductions to help companies land pilot projects and enter new markets. Mentors help companies address the new challenges that accompany scaling a business. Raising Capital - SURGE prepares entrepreneurs to raise funding after they graduate from the program. Each company presents at SURGE Day in front of a targeted audience of 500+ investors, industry executives, and media. SURGE also helps with investor introductions, term sheet negotiations, and due diligence preparation. ABOUT THE PROGRAM: Applications open August 13, 2014 Program runs from February 16, 2015 - June 17, 2015 SURGE Day is on May 19, 2015 Startups receive $30K in seed capital
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