Start Up EnergyTransitionThe Top 100 Start-ups of 2021

SET100

StartUpGETstartup-energy-transitioncom

SET21

rsquorsquo2020 has definitely been an unprecedented year andmade us face some difficult challenges However inthese uncertain times we have also seen theimmense power that innovation and thinkingoutside-the-box has had In these moments I believethat innovation for the energy transition presents anincredible opportunity to build back better for a net-zero sustainable future

Going into our fifth edition of the Start Up EnergyTransition (SET) Award we are proud to have createda global platform which enables truly deepconnections between innovative start-ups investorsestablished corporate players and the public sectorWe once again received a significant number ofimpressive start-up applications which deserveglobal attention and support to have the maximumimpact on reversing climate changersquorsquo

A Message from our Leadership

Andreas KuhlmannChief ExecutiveGerman Energy Agency (dena)

ldquoThe global energy transition has entered a new eraof accelerated and disruptive technologicalinnovation within a new context of affordability andsocial justice The World Energy Council isHumanising Energy by connecting energy transitionstart-ups agile giants and investors from within andbeyond the energy sector

2021 mark the 5th edition of the Start Up EnergyTransition (SET) Award Despite a global pandemicwe received an incredible number of applications ndashthe quality of which continues to improve year afteryear Partnering with dena we collaborate tosystematically identify and promote the mostpromising new energy systems transition venturesacross the world The SET Award presents a uniqueplatform to highlight and promote the nextgeneration of responsible business energy leadersrdquo

Dr Angela WilkinsonSecretary General amp CEOWorld Energy Council

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About SETStart Up Energy Transition (SET) is a global innovation platform supportinginnovation in the energy transition The platform strives to establish deep productiveconnections between established corporate players the public sector and the worldof energy innovation The goal To rapidly scale the adoption of clean energytechnologies while simultaneously increasing political will and public acceptanceglobally The SET platform is powered by the German Energy Agency (dena) incooperation with the World Energy Council (WEC)

Since its inception in 2016 SET continues to enable these connections through denarsquosand WECrsquos unique position at the crossroads of the private and public sector At itscore the SET platform is built on three pillars The SET Award SET Tech Festival and agrowing global network which makes SET an important and well-recognisedinternational platform for innovation in the energy transition

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Our Vision

lsquorsquoInnovation at the core of our net zero futurersquorsquo

We see start-ups and innovation playing a crucial role in our net zero future Throughthe SET platform we want to give a voice to the innovators of tomorrow to ensure thatdecision makers place innovation in energy at the top of their agendas while industryleaders employ innovation as the clear path to their decarbonisation goals Only thencan we reverse climate change drive the energy transition forward and secure asustainable future

Our Mission

lsquorsquoStrengthening the impact that energy innovators have in reaching climateneutralityrsquorsquo

Through our activities we support promote and create opportunities for start-ups inthe energy sector to scale-up impact and accelerate the global energy transition inorder to reverse climate change

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The SET100 ListThe SET100 is an annual compilation of the 100 best start-ups of the Start Up EnergyTransition Award It contains the most innovative and promising start-ups that makethe energy transition a fundamental component of their innovation SET100 was firstlaunched in 2017 with the aim of offering young companies a platform to showcasetheir forward-looking solutions The SET100 list offers a comprehensive collection ofcompanies represented both geographically and across all sectors of the clean energyfield

SET 2021Going into its fifth year SET is proud to present the top 100 international start-upsfrom the SET Award 2021 competition 543 start-ups from 89 countries applied in 1 of 5categories to showcase their solutions to climate change the energy transition andthe future of our very world

The SET21Categories

Smart Mobility ampTransportation

Clean EnergyGeneration

Demand-sideInnovation

EnergyDistribution ampStorage

Quality EnergyAccess amp SDG7

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Whats the SET AwardThe Start Up Energy Transition Award is an international competition for start-ups andyoung companies worldwide working on impactful ideas affecting the global energytransition and climate change In the last five years the award has received more than2300 applications from 102 countries

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MethodologySET designed this process to offer a fair and holistic representation of energytransition related start-ups determined by international and cross-sectional expertswithin the energy community To accomplish this the evaluation occurred in fourphases

the company must not have been founded more than 10 years ago there must have been a functioning prototypethe company must be registered or be in the process of becoming registered andthe applicant must be able to present a proof of concept or a client andor anindustrialcorporateinstitutional partner

Phase 1 Criteria CheckThe SET team processed all 543 applications to determine if they met the minimumeligibility criteria To participate in the SET Award start-ups must have met thefollowing criteria

Phase 2 Early Metrics ModelStart-ups that met the eligibility requirements were then evaluated by the SETspecificstart-up model built by our partner Early Metrics The model incorporated the SETAward categories and application information and measured growth impactadoption scalability market penetration and of course ndash innovation

Phase 3 High-level Jury EvaluationIn accordance with the Early Metrics rating the top third of start-ups with the highestscores were then evaluated by our high-level jury which was comprised of some themost prominent and influential individuals in the energy sector See the SET jury here

On a 10-point scale system per question each application was evaluated according totheir relevance business model innovation level market awareness and potential andcapacity to execute their strategies (finances network leadership etc)

Phase 4 Quantitative amp Qualitative ScoreWeightingThe scores from both the Early Metrics SET-specific start-up model and thosescores provided by the high-level jury were then compared analysed weightedand combined to produce the SET100

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SET100 Distribution

Commercial Maturity

Technical MaturityProduct Stage

SET100 By Category

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To ensure fairness all start-ups competed within their own categories As such the distribution of theSET100 by category is equal to that of the distribution of total applications by category

Clean EnergyGeneration

Demand-sideInnovation

EnergyDistribution amp Storage

Quality EnergyAccess amp SDG7

Smart Mobility ampTransportation

23 2322

1517

First users paidtrials orcustomers

Turnover gteuro250K

Turnover gteuro12M

Prerevenueunpaid trials

Turnover gt euro5M

41

32

21

4 2

Stable anddeployedproduct orservice

Optimisedproduct orservice

New productsservices underdevelopmentdeployment

Minimumviableproduct

Functionalprototype

42

18 17 15

8

5

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

BeFC | FranceBeFC produces paper-based biofuel cells to replace conventionalminiature batteries found in portable or wearable electronic devicesin order to reduce environmental impact The metal- and plastic-freetechnology is based on paper and enzymes which creates alightweight thin and flexible product

BiomeRenewables Inc | CanadaBiomeRenewables Incs core technology is the PowerCone which is awind turbine retrofit that unlocks wind powerrsquos true potential byacting as a second smaller rotor improving the aerodynamics of theturbine By co-rotating with the main blades the PowerCone increasesthe annual power outcome up to 13

Cemvita Factory Inc | United StatesCemvitas mission is to decarbonize the chemical industry by using CO2as feedstock for the biomanufacturing of valuable chemicals Byengineering microorganisms they develop methods to run CO2 intoBiothylene or other chemicals

Aerones Llc | LatviaAerones has developed innovative robotic winch systems for windturbine blade maintenance With a combination of a lifting system andmultiple robotic arms they provide safe high-voltage testing methodsand other optimisation methods without exposing personnel to risks

CategoryCLEAN ENERGY GENERATION

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

BeFC | FranceBeFC produces paper-based biofuel cells to replace conventionalminiature batteries found in portable or wearable electronic devicesin order to reduce environmental impact The metal- and plastic-freetechnology is based on paper and enzymes which creates alightweight thin and flexible product

BiomeRenewables Inc | CanadaBiomeRenewables Incs core technology is the PowerCone which is awind turbine retrofit that unlocks wind powerrsquos true potential byacting as a second smaller rotor improving the aerodynamics of theturbine By co-rotating with the main blades the PowerCone increasesthe annual power outcome up to 13

Cemvita Factory Inc | United StatesCemvitas mission is to decarbonize the chemical industry by using CO2as feedstock for the biomanufacturing of valuable chemicals Byengineering microorganisms they develop methods to run CO2 intoBiothylene or other chemicals

Aerones Llc | LatviaAerones has developed innovative robotic winch systems for windturbine blade maintenance With a combination of a lifting system andmultiple robotic arms they provide safe high-voltage testing methodsand other optimisation methods without exposing personnel to risks

CategoryCLEAN ENERGY GENERATION

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

EH Group Engineering | SwitzerlandEH Group core product is a high performance PEM fuel cell stacktechnology with market leading power density Due to itscompactness it is suitable for mobile and automotive applications aswell as stationary applications like commercial buildings data centresand more

HeatVentors Hőenergiataacuteroloacute Kft | HungaryHeatVentors developed a thermal storage solution called HeatTANKThe product is able to decrease energy costs up to 50 through theinnovative process which profits from phase changing material andtherefore works more efficiently than traditional water-based heatstorages

LexaTexer (AvailabilityPlus GmbH) | GermanyLexaTexer provides software and IoT devices to retrofit legacyhydropower infrastructure and to build enterprise AI-IoT drivenapplications The company provides analytics and automation tocontrol system maximum efficiency and to extend the remaining life ofhydro assets

ecoligo GmbH | Germanyecoligo enables businesses in emerging markets to use clean energyWith a fully financed solar-as-a-service solution ecoligo makes iteasy for businesses to go green and lower their energy costs Projectsare funded through crowdinvesting enabling impact-drivenindividuals to fight the climate crisis with their investments

Distributed Energy | SingaporeDistributed Energy is a development and aggregation platform thatconnects renewable projects with funders After thoroughassessment energy customers will have their fundable projects listedon their marketplace and investors can explore and express interest inone or more of these projects with just a click of a button

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Finalist

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Roofit Solar Energy OUuml | EstoniaRoofitsolarrsquos mission is to boost distributed renewable energygeneration by making solar energy architecturally acceptable andfinancially affordable Their Building Integrated Solar roofs combine atraditional metal roof and innovative solar technology into oneproduct (2in1)

Singularity Computing | AlgeriaSingularity Computing provides various simulation software(SIMULICAreg ParticleXpertreg and SystemXpertreg) which allowcustomers to discover better designs and modelsimulatemultiphysics events for a variety of industries like renewable energyenergy efficiency and smart cities

Qlayers | NetherlandsQlayers helps energy-intensive industries to become more sustainableby changing the way coatings are applied Their BL8 paint robot turnsthe coating of wind turbine blades into fully automated processes thatare efficient high quality sustainable and safe

PowerUP Fuel Cells OUuml | EstoniaPowerUP Fuel Cells OUuml produces innovative hydrogen fuel cell basedportable generators that are emission neutral and have diverse usecases in industries such as marine telecommunication militaryconstruction hospitals off-grid homes and rescue forces

Nispera AG | SwitzerlandNispera developed a SaaS solution that monitors the performance ofrenewable energy assets of organisations Their product providesadvice on enhancement potential together with technical interventionoptions accurate energy generation and consumption forecasting

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Finalist

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

SolCold - Cooling by Sunlight | IsraelSolCold is developing an innovative patented nanotechnologicalmaterial that cools everything under the sun The material can be usedas a coating for cooling cars buildings containers apparels airplanesetc and is expected to bring tremendous savings in cooling and air-conditioning expenses

Solpod Pty Ltd | AustraliaSolpod develops a re-deployable commercial rooftop solar systemthat enables fast installation and can be purchased or rented on cheapand flexible terms This way Solpod attracts customers that areunlikely to commit to a 15-25 year standard solar system

SunRoof Technology Sp z oo | PolandSunRoof offers custom-engineered solar roofs with high energyoutput and unique design With integrated photovoltaic technology thesunroofs are generating electricity and at the same time they protectinsulate and ventilate the house

Solar Earth Technologies | CanadaSolar Earth Technologies develops critical materials modules andprocess know-how for solar roads ndash an emerging industry sector thatpaves driveways walkways parkways bike paths and highways withpower generating photovoltaic systems

SmartHelio Sarl | SwitzerlandSmartHelio Sarl developed a solution to optimize solar panel usageand improve their efficiency and lifetime They combine proprietaryedge computing-based IoT hardware and deep diagnostic technologyto better monitor the performance of solar systems and ensure rapidmaintenance

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

WinJi AG | SwitzerlandWinJi develops a SaaS platform that is focused on strategic assetmanagement for owners and operators of commercial wind and solarassets (B2B) to boost profitability The AI-based software platformgathers and analyzes data to improve the performance of individualrenewable assets and entire portfolios

Zeigo Ltd | United KingdomZeigo offers a clean-tech service platform that connects corporateswith renewable energy projects globally through PPArsquos green energycontracts and renewable energy certificates Companies can accessinformation on the latest renewable energy projects amp trends in themarket and connect with project developers amp suppliers

WeGaw SA | SwitzerlandWeGaw helps companies transition to clean energy through the powerof satellite data The start-up monitors the availability of renewableenergy sources around the world on daily basis and through machinelearning processes creates a base for energy generation optimizationtrading models and energy price evolution predictions

Triple Solar | NetherlandsTriple Solar developed a system that provides electricity heat and hotwater for households It combines photovoltaic solar panels and ageothermal heat pump to deliver electricity to households withoutdepending on fossil fuel

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Finalist

startup-energy-transitioncom

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Bluefield Technologies Inc | United StatesBluefield developed a proprietary algorithm which uses AI and MLtechniques to process and fuse data from a range of sources andprovide it as actionable independent ESG analytics and alerts Thedata they provide drives effective action to reduce emissions andenvironmental impact of companies

CarbonSpace Tech | United StatesCarbonSpaceTech offers an online platform which provides data oncarbon emissions powered by AI and satellite images Combining anear real-time carbon emission map carbon profiles for specificassets and analytical dashboards the platform reduces monetarycosts for the the carbon footprint verification of their clients

Allume Energy | AustraliaAllume has developed a unique distribution technology calledSolShare that shares solar electricity behind-the-meter toapartments within the same building SolShare dynamically distributespower to where its needed maximising consumption and savingswhilst minimising export

Comgy GmbH | GermanyComgy develops hardware and software to automate the end-2-endsub-metering process mdash from meter procurement installationmaintenance communication infrastructure data transport ampanalytics to final side heat cost allocation bills

CategoryDEMAND-SIDE INNOVATION

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11

Finalist

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

GreenYellow | ColombiaGreenYellowrsquos solutions aim to reduce the energy costs and carbonfootprint for different industry sectors and services companies byinstalling in the lighting refrigeration and air conditioning system themost efficient products of the market with their associated line lightelectric control

Ekkono Solutions AB | SwedenEkkono is an Edge Machine Learning software start-up By enablingindividual learning per device product OEMs can automate theirdomain expertise to help optimally operate every unit which reduceswear extends product life and ensures energy-efficient use based onsuper-local conditions like climate load purpose and preferences

DABBEL ndash Automation Intelligence GmbH | GermanyDABBEL AI is an add-on software that replaces the manual control ofthe existing Building Automation System in commercial buildings withArtificial Intelligence The AI-based solution can adapt to individuallychanging conditions and consequently reduce energy consumptionThe software can be implemented remotely without any hardware

Energiency | FranceEnergiency develops advanced artificial intelligence analytics in orderto detect and visualize new energy savings opportunities formanufacturing They provide data science analysis and a powerfulapplication directly plugged to the customers smart meters

Finalist

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Flair | USAFlair provides a Smart Air Delivery platform that turns common HVACsystems smart and improves energy efficiency in buildings Theirsolution eliminates any balance problems connected to inefficiencyand through demand response optimizes energy consumption

Finalist

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

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ICwhatUC Inc | CanadaICwhatUC is a browser-based video calling platform for the mobileworkforce Their technology leverages augmented reality and mobilecloud technology to instantly connect technicians with any customerand enables them to resolve issues virtually and reduce their carbonfootprint

interpanel GmbH | Germanyinterpanel manufactures multifunctional and prefabricated wall andceiling modules that integrate workspace lighting acoustics heatingand a unique radiant cooling technology to ensure a healthy roomclimate in an easy to apply and high-quality manner The start-up is asystem provider for integrated next generation room climate systems

Fusebox | EstoniaFusebox is developing a global marketplace for electrical flexibilityDoing so they are implementing a Virtual Power Plant which operateson a cloud-based environment where decentralized flexible loads andpower generation are united in order to supply their customers withenergy

LEDCity AG | SwitzerlandLEDCity is developing an autonomous plug-and-play lighting systemto reduce the energy consumption of lighting by 90 The integratedcontrol unit and sensors allow the lighting to be regulatedautonomously and according to demand

NeuronSW SE | Czech RepublicNeuron Soundware offers an end-to-end system that enables machinediagnostics and predictive maintenance to reduce costs amp downtime Itis comprised of sound sensors microphones IoT devices and a cloudplatform and includes 247 monitoring of assets hardware rental andcontinuous improvement of the detection algorithm

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

PassiveLogic | United StatesPassiveLogic is the first fully autonomous platform for buildings goingbeyond smart or automated Their Hive platform is built on a physics-based engine that uses deep digital twin analogs of the building itsoccupants and its equipment to control interconnected systems witha physics-based view of the future

Ormera AG | SwitzerlandOrmera offers a simple billing platform for sustainable smartbuildings The goal is to optimize customers energy consumption bytransparently monitoring data To do so the platform combines any IoTdevice with highly secure blockchain technology

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Reengen Enerji Teknolojileri Anonim Sirketi | TurkeyReagan provides an IoT Platform as a cloud-based data analyticssolution for buildings industrial facilities and renewable energyplants The software collects and analyses data and employs machinelearning algorithms to provide operational efficiency energyprocurement optimization and predictive maintenance for customers

Versius Domey | Czech RepublicVersiusDomey developed an intelligent IoT platform FlowBox thatoptimizes energy costs and assetsrsquo utilization for medium-sizedmanufacturing companies by providing cloud aggregation of processcontrol systems into a single smart-control function

Vutility Inc | United StatesVutility is a provider of real-time high-resolution wireless energymonitoring solutions that allow businesses to optimize their energyusage and improve operational efficiencies Its proprietary HotDroptradetechnology an advanced wireless current transformer can be used invarious industries to gain relevant insights into energy consumption

ZunRoof Tech | IndiaZunRoof is solving electricity issues of Indian households throughrooftop solar and monitoring electrical appliances in homes Thecompany has developed an end-to-end smart energy solution thathandles the energy harnessing storage maintenance andconsumption of electricity

WLE Innovation Hub GmbH | GermanyWLE aims for a transparent and interactive energy transition for theconsumers benefit By implementing the WE LOVE ENERGY (WLE)B2B2C platform they provide information about energy utilities andoffer options to choose green energy suppliers to encourageconsumers to go greener

YAYZY Ltd | United KingdomYAYZY helps consumers and businesses to understand the impact oftheir spendings on the planet Their app automatically calculates thecarbon footprint using payment data By offering plug-and-play APIsto businesses they can help their customers track and offset theirindividual carbon footprints

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Wattnow SA | TunisiaWattnow is an IoT Energy Management Solution that combinesproprietary hardware and a cloud-based Dashboard with a mobile apppowered by an AI engine for energy analytics It measures real-timeenergy usage to help businesses and homeowners optimize theirenergy consumption and reduce their costs

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Adaptricity AG | SwitzerlandAdaptricity offers a fully cloud-based grid analytics platform for theanalysis planning and optimization of distribution grids By providingand analysing the high value data Adaptricity unlocks the potential ofthe grid capacity

Ampacimon | BelgiumAMPACIMON developed a Dynamic Line rating system which monitorslatent capacity in existing powerlines and additionally considersenvironmental influential conditions Their smart managementmethod enables an increase in the capacity of existing grids

AquaBattery BV | NetherlandsAquaBattery has developed flow-type batteries which require onlywater and table salt to store electricity and therefore offersenvironment-friendly and inexpensive storage solutionsAquaBatterys products can store electricity from solar and wind for along period of time while adding extra capacity

ACCURE Battery Intelligence GmbH | GermanyAccure analyses battery data to increase battery lifetime and enablethe full capacity of the batteries Through cloud-computing they givefull access to data on battery performance which improves safetyreliability and sustainable usage

CategoryENERGY DISTRIBUTION amp STORAGE

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Finalist

Finalist

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Dexter Energy Services BV | NetherlandsDexter offers AI-based forecasting-as-a-service to reduce imbalanceson the electricity grid Their software uses state-of-the-art digitaltechnologies such as advanced machine learning big datamanagement and scalable cloud solutions to optimise the portfolio ofenergy retailers and advise energy utilities

enmacc Gmbh | Germanyenmacc makes energy procurement and sales trading a seamlessprocess replacing email messenger phone and Excel Enmaccorganises liquidity where established brokers and exchanges failThereby enmaccs provides the critical market infrastructure forinvestments in renewable energy production

enspired GmbH | AustriaEnspired GmbH offers trading-as-a-service on the short-term energymarkets With their AI-based software they support companies withor without intraday market access to commercially optimize theirpower portfolios flexibility and provide them with direct marketaccess combined with the most progressive power trading services

Camus Energy Inc | United StatesCamus developed a grid management platform that involves real-timedata analytics of the grid performance an optimization engine and amarket platform providing distribution-level energy balancingmarkets with prices adapting to the real-time local energy ecosystem

Blink Energy Inc | United StatesBlink Energy Inc supports grid functionality with sensors by providingdata on weather hazards to the headquarters in order to secure powerdistribution Moreover they have developed a device Plectron whichvibrates the powerline periodically to prevent ice occurrences andlowers maintenance costs

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Future Grid | AustraliaFuture Grid develops a software that turns smart meter data intoimproved grid reliability asset management and customer safety Thesoftware establishes a feedback loop from the grid edge by analyzingsmart meter data in real-time and integrating results back into keybusiness systems for real operational outcomes

Geyser Batteries Oy | FinlandGeyser Batteries offers water-based energy storage solutions with acapacity of over one million fast charge-discharge cycles atcompetitive pricing The batteries are suitable for heavy-dutyindustrial machinery electric vehicles ancillary power sources acrossthe different industries and stationary energy storage

greenventory GmbH | Germanygreenventory offers a SaaS solution for the automated digitalmapping and analysis of energy systems The results are evaluatedand a digital twin of the energy system on the building level isestablished containing relevant building parameters potentials forrenewables and more

Foresight Energy LTD | IsraelForesight Energy developed a distributed energy managementplatform powered by artificial intelligence Their core technologyENERGY AI was specifically designed for distributed grids The cuttingedge technology enables the increased accuracy of forecasts anddecreases power usage

Evergen | AustraliaEvergen is a software start-up that enables smarter energy byoptimising energy storage systems and orchestrates large fleets ofbatteries to enable Virtual Power Plants This ensures a resilient anddecentralised energy system for the future and drives benefits forconsumers businesses network operators and other utilities

SET100 SET21

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Finalist

startup-energy-transitioncom

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

realto-energy srl | Belgiumrealto develops a platform that brings value to all sides of the energyeconomy through easy-to-use standardized energy APIs Byconnecting and facilitating the exchange of energy data and servicesrealto makes it easier for companies to create value and acceleratethe transition to smarter grids

Solytic | GermanySolytic is the first interconnected platform for PV plants providing adigital advisor for all topics around your PV plant By directlyconnecting via monitoring to any installed hardware device Solyticcan identify issues and potentials using AI analytics and provide offersfrom merchants to solve real customer problems

STABL Energy | GermanySTABL Energys core product is a modular multilevel power converterfor industrial and utility-scale battery storage systems Theimplemented software-based system makes battery storage safermore reliable affordable and also enables economic re-use ofdiscarded batteries from electric vehicles

gridX GmbH | GermanyGridX provides companies with flexible and scalable energy IoTsolutions to digitize energy infrastructure Their digital platformXENON provides an interface to all energy appliances includingmanaging EV charging building microgrids or monitoring energyflows

LeydenJar Technologies BV | NetherlandsLeydenJar Technology develops silicon anodes for Li-ion battery cellsBy replacing the traditional graphite-based anode the technologyenables the highest energy density for Li-ion batteries in the world -up to 70 higher than the current state-of-the-art products

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Zaphiro Technologies SA | SwitzerlandZaphiro operates in the smart grid domain and supports power utilitiesto efficiently integrate renewable power sources Their solution is acombination of hardware and software which enables grid monitoringand automation system It provides full grid visibility simpleinstallations and reduces blackouts

Urbio AG | SwitzerlandUrbio offers a SaaS platform for planning and designing sustainableenergy technologies in cities Relying on generative design and AI itcombines computers and human expertise to achieve results in 90less planning time and can provide 15 efficiency gains in urbaninfrastructure projects

Titan Advanced Energy Solutions Inc | United StatesTITAN develops ultrasound-based technology and advancedalgorithms that measure and evaluate the health and charge of Li-ionbatteries in real-time Their patented technology provides higheraccuracy over the life of the battery and increases charge capacity byat least 20 and battery life by 125

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

CategorySMART MOBILITY ampTRANSPORTATION

BluWave-ai | CanadaBluWave-ai offers a SaaS software to help operators of electrifiedfleets connect to distribution utilities to predict optimize and controlhow energy is used in the fleets and in conjunction with overall depotoperations Their software helps fleet operators reduce the cost ofenergy and the carbon footprint of operations

Chargetrip BV | NetherlandsChargetrip offers smart EV routing as an API-based SaaS platform thatpoints out the optimal route including charging stations and accuratecalculations of the real-time range of any electric vehicle Thissolution can be integrated across brand-owned applications websitesin-car systems telematics solutions and phone applications

AgeVolt | SlovakiaAgeVolt offers a unique charging system for electric vehicles thatoptimizes charging based on the actual available capacity of thebuilding without overloading the grid and eliminating the need to haveextra connections They also develop a blockchain-powered digitalplatform to connect EV charger owners and users

Bluedot Technologies Inc | United StatesBluedot provides charging station owners with state-of-the-art toolsto manage their assets They engage EV drivers to build their ownecosystem reduce downtime through having access to multiplecharging stations and earn revenue from their charging station fleet

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Fuelsave Consultoria SA | PortugalFuelsave introduced Meightrsquos Driver Assistant which solves drivingefficiency route planning and improves safety The software interactswith drivers through real-time suggestions based on current drivingbehavior and past experiences from other drivers benefiting from acollective learning environment and constant feedback

Invisible Urban Charging Ltd | New ZealandInvisible Urban Charging develops a space-saving retractable EVcharging bollard which complements a full set of EV chargingsolutions Our EV charging infrastructure product set is designed forparking operators around the world in parking buildings and publicareas

DUCKT OU | EstoniaDUCKT OU develops and produces internationally patentedinfrastructure solutions for micromobility A single and unifiedsolution to dock lock and charge any micromobility vehicle that iseither shared public or private in one spot It is the building brick offuture e-hub concepts across the globe

ChargeX GmbH | GermanyChargeX develops modular charging solutions for electric cars calledAqueduct which enables an easy set-up and flexible scale-up oflarge-scale charging infrastructure Aqueduct reduces the cost ofhardware and installation by 50 compared to existing solutionswhilst also reducing complexity for the customer

GLEAM technologies GmbH | GermanyThe GLEAM Multi-Use Bike is a three-wheel vehicle built to transportcargo behind the driver The bike is equipped with a strong electricengine to facilitate the transportation of heavy loads The DynamicTilting Technology and the FLEX System ensure comfortable rides

SET100 SET21

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Finalist

Finalist

startup-energy-transitioncom

Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Nanosun Ltd | United KingdomNanoSUN developed the Pioneer refueling station which incorporatesNanoSUNrsquos novel cascade refueling technology and integrates storagetransport and dispensing in an integrated mobile hydrogen refuelingstation Pioneer stations are factories built into a standard shippingcontainer

kraftwerk TUBES GmbH | Germanykraftwerk TUBES develops advanced solid oxide fuel cells (aSOFCs)that can convert the chemical energy of hydrogen or all common e-fuels directly into electrical energy This technology can be used in theautomotive industry aviation new fields like unmanned aerial vehicles(UAV) and surveillance or the Internet of Things (IoT)

Milecircnio Bus | BrazilMilecircnio Bus provides real-time passenger ridership analytics forefficient public transport operations Their solution based on IoT andAI is installed inside the vehicles and terminals so companies canmanage their fleets according to the passenger demand

Monta | DenmarkMonta is a platform for EV owners to charge seamlessly both at homeand when away Monta GreenCharge forecasts the availability ofrenewable energy and manages your charging to reduce CO2emissions

Mellowcabs | South AfricaMellowcabs develops and manufactures light electric cargo vehiclescalled MellowVans that provide low-cost efficient and emission-freedelivery services in cities

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Wego srl | ItalyWego has developed the car-sharing app Volero which connectsvehicle owners with consumers The start-up uses AI and advancedtechnologies to improve the quality of rides and offer full insurancecoverage All data and contracts are stored in a distributed ledger(blockchain) allowing transparency reliability and maximum security

TRANSITION-ONE | FranceTransition-One converts thermal cars into modern cars electricconnected and affordable Transition-One has developed retrofittingtechnology that consists in extracting all the elements specific to thepetrol or diesel thermal engine to replace it with a 100 electricengine block and batteries

RUNWITHIT Synthetics Inc | CanadaThe start-up developed Single Synthetic Mobility Environment livegeospatial interconnected modeling environments that are hyper-localized through a process of combining publicly available dataresearch and expertise These models help to educate stakeholderson future cities mobility choices and changing technology

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

ARESS | BeninARESS sells supplies and maintains solar off-grid solutions in BeacuteninTogo and Burkina Faso The core of their business model is to unlockelectricity access to rural areas and households in order to tacklesocial inequalities and economic barriers

Atec Australia-international Pty Ltd | AustraliaAtec developed an eCooking product which comes as the worlds firstPAYGO-enabled electro-magnetic induction cooking stove Thealternative cooking solution operates safely energy-efficiently and ata very low cost and this way Atec unlocks access to modern cookingsolutions for low-income households around the world

Boreal Light GmbH | GermanyBoreal Light GmbH designs and manufactures affordable solar waterdesalination systems for off-grid communities around the globeSystems manufactured by Boreal Light are capable of delivering highquality hygiene drinking irrigation fish farm and sanitation waterfrom any kind of high saline and polluted water resources

AMMP Technologies BV | NetherlandsThe AMMP SaaS platform is a vendor-agnostic solution for the remotemonitoring and management of portfolios of off-grid renewableenergy systems It enables data-driven operational excellence leadingto higher system uptimes and significant OPEX savings

CategoryQUALITY ENERGY ACCESS amp SDG7

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Ferntech GmbH | GermanyFerntech offers a remote monitoring and control technology thatrevolutionizes centralized energy systems By combining a physicalcontroller that connects to local devices and a cloud-based platformthe powerful API integrations make it possible for customers toconnect with their power systems from anywhere

Litro Solar SAS | ColombiaLitro Solar provides access to electricity and wifi in remote areas Thecompany has developed an intelligent solar streetlight that can deploya wireless WiFi network and is built from affordable elements

MPower Ventures AG | SwitzerlandVia a scalable B2B2C approach MPower partners with localentrepreneurs and SMEs in emerging markets to finance and distributeaffordable clean energy products to households and SMEs living inurban and rural areas in emerging markets

Nitho Holdings Inc | United StatesNithio is a venture-backed energy finance platform that providesservices to businesses capital providers governments and otherstakeholders in the distributed solar sector in Africa The company isaddressing the need for modern energy access on the continent byproviding a sustainable infrastructure for capital delivery

Komodo Water | IndonesiaKomodo Water offers integrated Water Management Solutions forremote-coastal areas which consists of a hydrology survey dataanalysis EPC OM and derivative products These integrated servicesapply sustainable and eco-friendly concepts including renewableenergy usage

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Eco Wave Power | IsraelEco Wave Power has developed a patented smart and costefficienttechnology for turning ocean and sea waves into clean electricity Thetechnology offers the ability to effectively generate clean andemission-free electricity from an immense and previously untappedrenewable energy resource in wavy locations worldwide

Pollinate Group Ltd | AustraliaPollinate Group empowers women as leaders of change to distributeproducts that improve health save time and save money for theworlds most neglected communities

Reeddi Inc | CanadaReeddi innovatively provides clean reliable and affordable electricityto individuals and businesses in the energy-poor regions of the worldThrough their hardware-as-a-service business model households andbusinesses in African communities have affordable access to cleanand reliable electricity anywhere everywhere

Science For Society Techno Services Pvt Ltd | IndiaScience For Society develops the Solar Conduction Dryer (SCD) anelectricity-free solar-powered food dehydrator that reduces themoisture content of the agricultural products so they can be preservedfor up to 1 year without using any chemicals They also install SCDs atfarms buy back the dried products and sell them to food companies

Standard Microgrid | ZambiaStandard Microgrid develops a solar microgrid system combined witha mobile app and billing platform that enables unskilled people topurchase and resell energy credit to households small businessesand clinics in remote areas The technology provides energy access tocustomers when they need it at a substantially lower price

Powerstove Energy | NigeriaPowerstove Energy designed an ultra-efficient smokeless cookstovewith lights and electricity output intended for usage in emergingmarkets The business model is based on pay-as-you-go that enablesaffordable finance options

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SUNami AS | NorwaySUNami AS offers Pay-As-You-Go large capacity solar home systemsand job creation packages to households and businesses in rural off-grid areas in East Africa The Solar products also include capacitybuilding and entrepreneurship training to enable their customers toutilize the electricity for income generating purposes

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