June Week 3, 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.
Do not hesitate to join our collective movement by requesting your membership.
With care,
Guillaume and the SBC TEAM
Cross-cutting enablers
1. Bosque Foods
Founded: 2020 – Berlin, DE
Founder: Isabella Iglesias-Musachio
Elevator Pitch: Bosque Foods specializes in mycelium-based meat alternatives that are both sustainable and nutritious. Their products aim to reduce the environmental impact of meat production by offering a viable and tasty alternative.
Problem they solve: Traditional meat production is resource-intensive and contributes significantly to greenhouse gas emissions. Bosque Foods’ mycelium-based products require fewer resources and produce less waste.
Impact: By providing a sustainable meat alternative, Bosque Foods helps decrease the demand for conventional meat, reducing deforestation, water use, and emissions associated with livestock farming.
Stage: Seed.
Interested in Bosque Foods?
To learn more about their technology or get in touch, see here.
GHG Capture, Use, and Storage
2. novoMOF
Founded: 2017 – Zofingen, CH
Founders: Daniel Steitz, Timo Steitz, Marco Ranocchiari, Jeroen van Bokhoven & Marco Taddei
Elevator Pitch: novoMOF focuses on the development, the production and the commercialization of metal-organic frameworks (MOFs). These highly porous adsorbents offer competitive solutions to global problems such as carbon capture, water scarcity, and food waste.
Problem they solve: The world faces critical issues such as excessive carbon emissions, inadequate access to clean water, and significant food waste, all of which threaten environmental sustainability and human well-being. Traditional solutions often fall short in efficiency and scalability. novoMOF addresses these challenges by leveraging the unique properties of MOFs, which offer superior adsorption capabilities for a range of applications, including capturing carbon dioxide, purifying water, and preserving food.
Impact: By developing and commercializing advanced MOF technology, novoMOF contributes to significant environmental benefits. Their carbon capture solutions help reduce greenhouse gas emissions, mitigating climate change. Their water purification applications address water scarcity by providing efficient and effective filtration methods. Additionally, their food preservation solutions reduce waste, ensuring more efficient use of resources.
Stage: Seed.
Interested in novoMOF?
If you are interested in learning more, see here.
Waste (water & landfills)
3. Boreal Bioproducts
Founded: 2018 – Espoo, FIN
Leadership: Jaakko Pajunen
Elevator Pitch: Boreal Bioproducts® creates a positive platform for bio-based chemistry. Circular, multi-functional, upcycled and even active biopolymers and compounds can transform the ingredient markets worldwide, with applications such as coatings, binders, adhesives, resins, paints, cosmetics, personal care, detergents, additives, and composites.
Problem they solve: The chemical industry relies heavily on fossil fuels, contributing to pollution and climate change. Boreal Bioproducts offers renewable and biodegradable alternatives.
Impact: By converting waste into valuable products, Boreal Bioproducts reduces dependency on fossil fuels, supports circular economy principles, and promotes sustainable forestry practices.
Stage: Series A.
Want to learn more about Boreal Bioproducts?
To learn more about their technology or get in touch see here.
Energy use in Industry and Buildings
4. Crosstown H2R
Founded: 2022 – Baden, CH
Leadership: Dr. Prith Harasgama & S. Manoj Harasgama
Problem they solve: Gas turbines are a significant source of greenhouse gas emissions and NOx pollutants, contributing to climate change and air quality issues. Current solutions for decarbonizing gas turbines are either inefficient or not widely adopted. Crosstown H2R addresses this by providing a versatile burner technology that can seamlessly integrate into existing systems, reducing NOx emissions now and CO₂ emissions in the future as hydrogen becomes more accessible.
Impact: The H2R® Burner has the potential to significantly decarbonize the energy sector by eliminating greenhouse gases at the source. Widespread adoption of the H2R® technology in European gas turbines alone could reduce CO₂ emissions by over 30%. This transformative impact supports global efforts to mitigate climate change and promotes a sustainable environment for future generations. Crosstown H2R’s dedication to innovation and sustainability ensures a cleaner, greener future through advanced gas turbine technology.
Stage: Seed.
Interested in Crosstown H2R?
To learn more about this company, see here.
Cross-cutting enablers
5. PFx Biotech
Founded: 2022 – Porto, PORT
Founders: Ali Osman, Harry J. Barraza & Diana Oliveira
Elevator Pitch: PFx Biotech leverages the power of biology to enhance human health and environmental sustainability. Specializing in precision fermentation, PFx Biotech produces highly bioactive human milk proteins that support and boost the immune system, creating a new category of ingredients for various populations, including infants, the elderly, and athletes.
Problem they solve: Traditional protein production systems, including dairy and animal-derived proteins, pose significant challenges such as allergenicity, digestibility issues, and environmental impact. PFx Biotech addresses these problems by developing non-allergenic, GMO-free, dairy-free, and animal-free human milk proteins that are easily digestible and bioavailable. This innovative approach not only meets the nutritional needs of diverse populations but also provides a sustainable alternative to conventional protein sources.
Impact: By creating sustainable, bioactive proteins without relying on animal agriculture, the company contributes to decreased greenhouse gas emissions, reduced water usage, and minimized land degradation.
Stage: Seed.
Interested in PFx Biotech?
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.
