We called on entrepreneurs who are developing solutions that could be vital to meeting future energy needs worldwide. After scouting 3000+ solutions from around Europe and Israel, we had 160 teams that signed up of whom 21 teams were selected for the shortlist. After intensive interviews with the shortlisted teams, we’re very proud to announce our 10 finalists. Curious about who they are? You can find information about all shortlisted teams, including our finalists, below.
Ventures track: Scale-ups
Insplorion AB (Sweden)
Insplorion created a patented sensing technology platform. Thus far, Insplorion has applied this to gas sensors, battery sensors, and research instruments. They have been selling instruments for over a decade, but recently launched their nitrogen dioxide sensor, while developing a hydrogen sensor in parallel.
Insplorion was founded in 2010.
Vertoro (The Netherlands)
Vertoro aims to speed up the green revolution by offering a bio-based alternative to fossil resources. Their platform product, GOLDILOCKS(R), originates in woody bio-mass or plant-based lignin. This platform product can then be used for different applications – to make materials, various fuels, and fuel additives.
Vertoro was founded in 2017.
Coolbrook Oy (Finland)
Coolbrook Oy is the company behind the RDR innovation: a cleaner, faster and more profitable technology to produce olefins. Olefins are key components of the petrochemical industry and a mainstay of modern everyday life, used in the production of plastics, chemical products, industrial packaging, and more. The development work of Coolbrook Oy has resulted in a design for a pilot size RDR eReactor, together with the necessary gear box, electric engine and TLE. The next step is to build a pilot plant in the Netherlands.
Coolbrook Oy was founded in 2012.
Simreka (The Netherlands)
Simreka has built an integrated AI driven simulation software, that helps chemical companies and brands to accelerate the development of new products and manufacturing processes that meet demands for quality, profitability, regulatory compliance and sustainability. Their technology solves the problem of high failure rate and costs of experimentation to develop chemical/material products that are both sustainable and cost-effective.
Simreka was founded in 2015.
H2Pro’s technology is a revolutionary method for splitting water. Similar to electrolysis, it uses electricity to split water into hydrogen and oxygen. However, unlike conventional electrolysis, hydrogen and oxygen are generated separately at different phases – an Electrochemical phase and a Thermally-Activated Chemical phase. The result is a high efficiency (95%), significantly lower CAPEX (half), much higher production pressure and unparalleled safety.
H2Pro was founded in 2019.
GameChanger track: Start-ups
UniSieve offers a unique separation membrane platform technology. This technology enables separation of chemicals on a molecular level, based on a size exclusion mechanism. Their vision is to support chemical and energy companies in increasing yields, lowering CO2 emissions, and energy spending during the production of renewable or conventional feed-stocks. The UniSieve membrane add-on units can extend existing and new infrastructures, and the separation performance allows to recover currently lost resources.
UniSieve was founded in 2018.
RFC Power Ltd (United Kingdom)
RFC Power is developing the world’s lowest cost flow battery, for long duration energy storage. They use an unique, globally patented hydrogen manganese chemistry with lower levelized cost of storage. The mission of RFC Power is to enable the transition to 100% renewable energy, by developing this cheapest form of long duration energy storage.
RFC Power was founded in 2018.
Gradyent (The Netherlands)
Gradyent optimizes heat networks using AI with a cloud based software platform. Many district energy networks have old or even outdated controls systems due to legacy hard- & software with limited or no optimization. Gradyent focuses both on district heating networks, mainly serving residential and office buildings, as well as on industrial heat networks e.g. in petrochemical, chemical, food and beverages and other heat-intensive industries.
Gradyent was founded in 2018.
Delft IMP (The Netherlands)
Delft IMP (Intensified Materials Production) commercializes nanotechnology that enables the use of novel materials, which can boost the energy transition by lowering CO2 emission and lowering costs. Their technology uses nanocoatings on powders.
Delft IMP was founded in 2014.
FinnoExergy Oy (Finland)
FinnoExergy Oy develops a breakthrough combustion technology for gas turbines. Their PGC system allows the gas turbine to generate more power using less fuel, benefitting both the economy and the environment.