July Week 1, 2024: In this weekly series, we highlight 5 climate tech startups to watch by featuring the incredible startups, companies, or projects that are leading the fight against the climate crisis.
Each month, we add these startups to our running list, which we have categorized based on fuel emission sector data from the most detailed, recent data SBC could identify from the World Resource Institute in 2016.
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.
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With care,
Guillaume and the SBC TEAM
Cross-cutting enablers
1. Mykor
Founded: 2021 – Bristol, UK
Founders: Olivia Page & Valentina Dipietro
Elevator Pitch: Mykor is a biotechnology and advanced materials company working on developing sustainable materials for the construction industry as well as providing consultancy services. We work across design, engineering and life sciences to provide building materials with excellent physical properties, functional design and radical sustainability.
Problem they solve: The construction industry is a major contributor to environmental degradation, with traditional building materials often leading to significant carbon emissions, resource depletion, and waste. Mykor addresses these issues by developing advanced, eco-friendly materials that reduce the environmental footprint of construction projects. Their consultancy services further aid businesses in adopting sustainable practices, promoting a greener and more efficient construction industry.
Impact: By using sustainable resources and advanced biotechnology, they offer building materials that minimize carbon emissions, conserve natural resources, and reduce waste. Their approach supports the creation of eco-friendly buildings with superior performance, contributing to a more sustainable and resilient built environment.
Stage: Pre-seed.
Interested in Mykor?
To learn more about their technology or get in touch, see here.
Cross-cutting enablers
2. Space Forge
Founded: 2018 – Cardiff, UK
Founders: Joshua Western & Andrew Bacon
Impact: By producing advanced materials in space, Space Forge aims to drive the adoption of low-carbon technologies on Earth. These super materials can significantly improve the efficiency and sustainability of various industries, from energy to transportation. Additionally, the fully reusable nature of their satellites ensures a sustainable and cost-effective approach to space manufacturing, aligning with global efforts to reduce carbon emissions and environmental impact.
Stage: Grant
Interested in Space Forge?
If you are interested in learning more, see here.
Cross-cutting enablers
3. Kapacity.io
Founded: 2020 – Helsinki, FI
Founders: Jaakko Rauhala & Sonja Salo
Elevator Pitch: Kapacity.io integrates smart technology with heat pumps to optimize energy usage and reduce costs. By connecting heat pumps to their platform, users can save on energy expenses and gain real-time insights into system performance.
Problem they solve: Traditional heating systems are often inefficient and costly to operate. Kapacity.io addresses these issues by providing a platform that optimizes heat pump performance based on real-time data, weather forecasts, and electricity prices.
Impact: Kapacity.io helps reduce energy consumption and greenhouse gas emissions by optimizing the operation of heat pumps, contributing to a more sustainable energy grid.
Stage: Pre-Seed.
Want to learn more about Kapacity.io?
To learn more about their technology or get in touch see here.
Energy use in Transport
4. ZeroAvia
Founded: 2017 – Hollister, USA
Founders: Val Miftakhov
Problem they solve: The aviation industry faces significant environmental challenges due to carbon emissions from traditional aircraft engines. ZeroAvia addresses this by developing hydrogen-electric powertrains, significantly reducing the carbon footprint of air travel.
Impact: ZeroAvia’s hydrogen-electric powertrains eliminate carbon emissions, contributing to a cleaner, more sustainable aviation industry.
Stage: Private Equity
Interested in ZeroAvia?
To learn more about this company, see here.
GHG Capture, Use, and Storage
5. SeeO2 Energy
Founded: 2018 – Calgary, CA
Founders: Beatriz Molero Sanchez & Paul Addo
Elevator Pitch: SeeO2 Energy vision is to efficiently convert captured CO2 and/or water to fuels and chemicals using reversible solid oxide fuel cell technology. We provide our customers in the chemicals, metal processing, polymers, and utilities industries with a reliable, onsite and cost competitive industrial feedstocks for their products.
Problem they solve: Industrial sectors like chemicals, metal processing, polymers, and utilities face the dual challenge of reducing their carbon footprint while maintaining cost-effective production. Traditional methods of obtaining industrial feedstocks often involve high emissions and energy consumption. SeeO2 Energy addresses these issues by providing an innovative solution to convert captured CO2 and water into valuable feedstocks, thereby reducing dependency on conventional, polluting processes and enhancing sustainability.
Impact: SeeO2 Energy’s technology significantly mitigates environmental impact by transforming CO2 emissions into useful fuels and chemicals, thus reducing greenhouse gas levels in the atmosphere. This conversion process not only helps in carbon sequestration but also reduces the need for fossil fuels, lowering overall carbon emissions. By offering a cleaner, more efficient alternative for industrial feedstock production, SeeO2 Energy promotes a circular economy and supports global efforts to combat climate change.
Stage: Seed.
Interested in SEEO2 Energy?
If you are interested in learning more, see here.
Do you know of other startups we should include in our Startups to Watch Series? Submit to our list!
How do these startups fit in with all the others we have looked at?
Check out our running list of the 400+ climate tech startups to watch we have featured.
