The Climate Tech Companies to Watch This Month: June Week 2

In this monthly series, we will be doing a weekly feature of incredible ClimateTech Startups, companies, or projects that are leading the fight against the Climate Crisis. 

We will be presenting 1 company from each of the 5 predefined main industry categories such as; EDUTECH, FINTECH, GREENTECH (including Energy and Transportation), FOOD & AG TECH, and CONSTRUTECH.

It will give you an opportunity to better understand the problem(s) they solve, the impact they are looking to have in the climate fight, and how you can potentially help them.

This initiative from Startup Basecamp aims to support founders by giving them access to networking and exposure opportunities that help them to scale and finance their Climate Tech solutions together with you.

Do not hesitate to join our collective movement by requesting your membership.

With Care,
Guillaume and the SBC TEAM 

Week #2:

RECYCLING STARTUPS:

1.Cycle Technology

 Founded: 2018, US, Florida

Founders: 
Anwar Khan, Colin Hively, Harrison Mount, Connor Pohl

Elevator Pitch:
Cycle is a mobile app that offers its users financial rewards for recycling, and the ability to use that money to support sustainable development projects.

Problem They Solve:
According to Cycle, “9 out of 10 bottles deposited in recycling bins won’t be recycled due to the inefficiencies of the modern single-stream recycling process. This eliminates the potential of the bottle to be reincorporated back into the economy.”

Impact:
Cycle places RVM’s (reverse vending machines) at a number of locations (found on their app) to make recycling accessible and convenient. The RVM’s raise recycling rates, reward consumers, and lets users compare/compete with others to keep motivated. Moreover, Cycle lets consumers use the financial rewards they gained through the app to be donated to a good cause on the app.

Download Cycle:
Want to maximise your recycling efforts? Find out if there is an RVM in your area and get started here

BUILDING MGT STARTUPS:

2.Dabbel


Founded: 2018, Düsseldorf, Germany

Founders:
Abel Samaniego, Pablo Poveda, Javier Ferre Satoca

Elevator Pitch:
DABBEL is an AI-Autonomous Building Management System (AI-BMS) that aims to develop scalable, cost-efficient and sustainable Building Automation Technologies.

Problem They Solve:
The EU Commission identified Energy-efficient buildings as a top priority in combatting global emissions. Given that 75% of commercial buildings are still inefficient in their energy consumption, this area is one that needs rapid innovations and technologies in order to meet climate goals.

Impact:
DABBEL has developed an AI-driven software that controls energy systems autonomously and changes them according to the needs of the building. This reduces HVAC energy consumption and CO₂ emissions by up to 40 percent, benefiting both building owners and the planet.

Amount Raised:
US$ 4.4M

Learn More About DABBEL:
Want to find out more about the DABBEL AI system? View the full scope of their technology here

FOODTECH STARTUPS:

3.Akua


Founded: 2017 US, New York

Founders: Courtney Boyd Myers, Matthew Lebo

Elevator Pitch:
Akua is creating planet-friendly burgers and jerky using Kelp, a sustainable food source.

Problem They Solve:
Kelp is a fast-growing crop that filters oceans’ nitrogen and carbon stores and requires no freshwater, fertilizer, feed, or large amounts of land.

Impact:
By using Kelp, AKUA aims to create food that feeds people sustainably and does good for the planet. Their products are made from ocean-farmed kelp and are nutrient-dense, with one bag of Kelp Jerky containing 150% DV of Vitamin B2, 80% Vitamin B1, 70% of Iron, 35% Vitamin D, 25% Magnesium, and more.

Purchase Akua:
To buy the Akua kelp Jerky or their kelp jerky, see here

WASTE MGT STARTUPS:

4.BioGreen 360



Founded: 2010, Portsmouth, New Hampshire

President & COO: Justin Rosberg

Elevator Pitch:
BioGreen360 has developed an organic waste digester that converts organic waste into a dry, high-nutrient product/ fertilizer additive.

Problem They Solve:
According to EPA estimates, more food reaches landfills and incinerators than any other single material in humans’ daily rubbish, making up 21.6 percent of discarded municipal solid waste. This is a huge problem that results in costly landfill dumping and harmful methane emissions released by the rotting food.

Impact:
The BioGreen system uses no water and is able to treat 30lbs to 50 tons of waste every 24 hours. This results in up to 90% reduction in waste weight and volume and 85% reduction in carbon footprint.

Amount Raised:Seed, $200K

Puchase a BioGreen 360:
Want to purchase a BG300 or BG2400? Join the waiting list here

WASTE MGMT/CIRCULAR ECONOMY:

5.ElectroActive Tech


Location:
2017, US, Tennessee

Founders: Dr. Alex Lewis, Abhijeet Borole

Elevator Pitch:
Electro-Active Technologies aims to transform waste into renewable products, first and foremost renewable hydrogen.

Problem They Solve:
Food waste is a rapidly growing environmental concern as it accounts for 18% of methane emissions in the U.S. (according to Electro-active Technologies website). This waste produces Methane which is a X25 more potent greenhouse gas compared to CO2.

Impact:
ElectroActive use a microbial and electrochemical process to break down organic waste (such as food waste) into electrons and protons to produce renewable hydrogen. Their patented process uses a waste feedstock that enables the process to more than double the electrical efficiency of renewable hydrogen production when compared to water electrolysis, resulting in cost-efficiency.

Learn More about Electro-Active Technologies:
To learn more about their unique technology see here

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