August Week 1, 2023: In this monthly 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. Sirius
Founded:
2022 – Amsterdam, Netherlands
Founders:
Anastasia Kuskova, Sergey Tyan and Seva Martynov
Elevator Pitch:
Bringing every company to Net Zero.
Problem they solve:
Forget endless research
Sirius eliminates the need for tedious data sifting, identifies the most impactful sustainability opportunities and delivers tailored action plans
Speak the CFO language
With Sirius, bridge the gap between sustainability and finance, presenting compelling financial arguments for your initiatives to C-suit and banks
Get things done
Sirius transforms your sustainability aspirations into concrete actions, ensuring you stay ahead of compliance and achieve real, tangible results. Faster.
Impact:
Green finance made easy
Get access to the best financing options for your sustainability project. Demonstrate to investors that you take sustainability seriously and unlock better financing conditions.
Detailed payback calculation, Identification of gaps, Prioritised step-by-step action plan
The fastest way to accelerate your supply chain decarbonisation
Stage:
Pre-Seed
Interested in Sirius?
To learn more about their technology or get in touch, see here
Agriculture, Forestry and Land Use
2. Nitrofix
Founded:
2022 – Rehovot, Israel
Founders: Ophira Melamed and Meital Alon
Elevator Pitch:
Generating Ammonia with Zero Carbon Emission
Problem they solve:
Ammonia is the second-largest global chemical product. It is being used mainly for agricultural fertilizers (80%), but also as industrial materials, refrigerants, and additives.
Recently, the utilization of ammonia as the energy carrier (secondary energy source) has attracted many interests.
The current production method of ammonia emits 1.8% of the total CO2 emission!!!
Impact:
NitroFix developed an innovative production method, which emits Zero CO2. The process is based on an electrochemical reaction and is facilitated by a novel catalyst.
The process uses nitrogen and water as reactants and is performed under ambient conditions with low over-potentials.
Can be utilized in small, medium, or large facilities, using renewable energy to operate.
Stage:
Series A
Interested in Nitrofix?
If you are interested in learning more, see here.
Energy use in Industry and Buildings
3. Ekolution
Founded:
2015 – Malmo, Sweden
Founders:
Remi Loren, Naib Woldemariam and Henrik Jacobsson
Elevator Pitch:
Creating and producing innovative, climate-smart, healthy houses, buildings and construction materials using industrial hemp.
Problem they solve:
Buildings account for 12% of EU emissions today.
Impact:
Annually, Ekolution sequestrates 63 000 000 kg CO2 eq per factory (0.54% sequestrated CO2 emissions from the entire Swedish construction industry).
Ekolution uses renewable and recycled materials with 1 ha. of hemp binds between 15-20 tons of CO2 – In 100 days grown with no pesticides and few fertilizers.
Stage:
Series A
Want to learn more about Ekolution?
To learn more about their technology or get in touch see here.
GHG Capture, Use, and Storage
4. Bluemethane
Founded:
2021 – London, UK
Leadership:
Nestor Rueda-Vallejo and Louise Parlons Bentata
Elevator Pitch:
Fighting climate change by capturing methane from water to create a new source of bio-power.
Problem they solve:
51 B tonnes of greenhouse gases are emitted by people every year. Three billion are from methane escaping from water. We develop technologies to remove methane from water permanently.
Although the threat has been invisible, stemming methane leaks from reservoirs, rice paddies, and wastewater could be one of the most powerful instruments to quickly slow global warming. Some sources of methane seem unusual, like from water. Below is a brief explanation of how methane is rapidly escaping to the atmosphere from sources of water across the globe.
Microbes break down organic material that contains carbon. Without much oxygen, this process produces methane. This methane is transferred to our atmosphere through three different processes: Bubbling, diffusion and degassing.
prevent its escape to the atmosphere, in turn creating a new source of renewable energy.
Bluemethane is developing technology to sense and capture methane emissions from water, as a new source of data, power and revenue for the asset owner. This will permanently remove methane from water, reduce global warming and support the energy transition by unlocking a new source of energy. Bluemethane will start with hydropower plants and scale to non-hydropower reservoirs, wastewater treatment, and ultimately, natural bodies of water.
Bluemethane patent-pending technology captures and profitably uses methane emissions from freshwater, enabling up to 660mt C02e to be captured when deployed at scale.
Stage:
Seed
Interested in Bluemethane?
To learn more about this company, see here
Cross-cutting enablers
5. BL!XT
Founded:
2018 – Kista, Stockholm County
Founder:
Jan Johansson, Charlotta Holmquist, Trued Holmquist and Jens Peter Schroer
Elevator Pitch:
Empowering the Electric Evolution
Problem they solve:
A 100-year-old technology is about to change forever. Wherever there is electricity, there’s a mechanical circuit breaker. Turning them into digital smart devices completely changes the game. For the greater good. And it’s time. Faster, better, safer, smarter – our solid state miniature circuit breakers enables software control of electricity and create the spark for an entirely new shift in energy. For many.
Electricity. You’ve had a good run. And sparked many great ideas along the way. Now let’s make the most of it. The next paradigm in the electronic evolution is here. Ready? Let’s go.
Impact:
Solid state circuit breaker
Enhanced electrical safety, sub metering, remote control – all in one.
Solid state circuit breakers fill the needs of existing circuit breakers, remote controls and smart meters, in one single device. It is x1000 faster and safer and opens up a new world for real-time software services.
Stage:
Seed
Interested in BL!XT?
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.
