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After witnessing the most promising impact startups from The Hague, Berlin, Lisbon, and Geneva, the next stop in the Get in the Ring Impact Competition – powered by ImpactCity and Unknown Group – is Oslo. Thanks to extensive government support and a strong local community, the city of Oslo stands out as one of the fastest growing startup ecosystems in the Nordics. We called on unconventional solutions in the food, water, and energy domains that are ready to scale their impact and pitch their way towards a €500k convertible loan. And now it’s time to present the selected 10 Norwegian impact startups that are exploring collaboration opportunities with leading dealmaking partners, followed by the public voting campaign, and a globally streamed battle in the Ring between the most promising two solutions:
What They Do: B’ZEOS is a green tech company offering sustainable, home-compostable, and bio-digestible packaging solutions made from seaweed extracts to combat plastic pollution.
Their Impact: We are solving the challenge of plastic pollution arising from single use food packaging. Recycling is especially difficult for flexible and small packaging films such as food wraps due to complex materials, potential contamination by food, and a too small packaging size for the recycling line. This makes B’ZEOS’s home compostable packaging film a necessity to reduce plastic pollution.
What They Do: ClevAir is a smart system that manages your building’s energy consumption, automates its maintenance and operations, revitalizes its climate, and offers data insights to run it even better.
Their Impact: They help create smart buildings that save energy and automatically regulate the climate for a good indoor air environment and lower CO2 emissions.
What They Do: DigiFarm is an ag-tech startup who has developed deep neural network models for detecting the highest accuracy field boundaries and seeded acres. Their highly accurate models detect field boundaries to power precision agriculture.
Their Impact: The project will benefit agricultural organisations optimize their operations through helping them make better data-driven decisions, reducing seasonal uncertainty, minimize production costs, and increase crop-revenue. To the farmer this equates to reducing their input costs by up to 15% and increasing yield-potential by up to 10%.
What They Do: Greentech Innovators are giving value to waste. They are developing a new waste management solution which reduce green house gas emission and produce single cell protein and feed from food waste.
Their Impact: They tackle the waste challenge and reduce greenhouse gas emission. In addition, they also contribute to food production via protein that can be used as feed in e.g. aquaculture.
What They Do: Intoto is a platform for Live River Data which accelerates our understanding of water, how it affects us, and how we can manage this resource in a more sustainable way.
Their Impact: They provide local data, facts and predictions for local communities to use in river floods – before, during and after. In addition, they are able to recommend more sustainable water courses, and support the hydro power and aquaculture industries with better data insights.
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What They Do: RePack aims at maximising the value of second life EV batteries by repurposing them in a streamlined, safe and cost-effective way. RePack is leveraging automation, standardization and a data-driven approach in order to reduce battery system cost by 70% towards 2025.
Their Impact: RePack’s mission is to enable the reused battery revolution. By this they mean to enable the massive amounts of discarded EV li-ion batteries in the coming years to be converted into high quality and zero emission battery energy storage systems for stationary applications. This limits the need for further extraction of rare earth materials and the carbon emissions required in new battery production.
What They Do: Their radar technology is measuring snow to provide the Snow Water Equivalent for the hydro power industry. Think Outside’s technology enables hydro power companies to optimize their production, and reduce spill overs and flooding through data collection and accurate analysis.
Their Impact: Think Outside are reducing spill overs of water from natural resources, thus reducing floods and damages to infrastructures (e.g. cities).
What They Do: Throw No More contributes systematically and effectively to reduce global food waste. Their main solution is the Throw No More app, which enables interaction between grocery stores and their customers. The app promotes products with a short shelf life at a greatly reduced price. Thus, the customer can see in real-time how many units of a given item are left, including a picture of the product, the original price, discounted price, and directions to the store.
Their Impact: Throw No More is a company contributing to the circular economy by securing effective use of resources. The TNM app is a solution to reduce the food waste in grocery stores. In addition to the TNM consumer app, they offer useful insights on product flow in store which helps with inventory management, and finding the optimal price of products.
What They Do: TotalCtrl is a B2B SaaS food waste prevention company that helps customers to money and time by giving them control over inventory based on expiration dates. Their technology is built as API modules that can easily integrate with third-party systems, like procurement platforms and sales systems.
Their Impact: TotalCtrl contributes to prevent food waste. Their solution combines complex technical instruments to provide users with the necessary information for improved inventory management to reduce food waste and costs.
What They Do: The core business of Wattero is utilising IoT technologies to create solutions for energy systems. The end product is the software side of a virtual power plant (VPP), integrating truly decentralised energy production and helping distribution network operators (DSOs) and transmission system operators (TSOs) smooth the demand peaks. The basis for the VPP is a platform for IoT, gathering and aggregating data from different external sources.
Their Impact: By aggregating many distributed residential houses with solar panels so their batteries are emptied at the same time, distributed solar can help meet these demand peaks. The net result is greater adoption of residential solar through incentives for the end user and a more stable, and robust grid. The former leads to reduced CO2 emissions, and the latter is a prerequisite for more renewable in the grid.
Congratulations to the 10 selected startups! Vote for your favourite leading Norwegian impact solution from May 4 to 11 and help them reach the Impact Finals in the Hague where they will compete for a €500k convertible loan.