February Week 3, 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,
Energy use in Industry and Buildings
Founded:
2021 – Chicago, IL, USA
Founder:
Dante Vaisbort, Namin Shah, Raj Lulla, and Tyler Revesz
Elevator Pitch:
Cut battery costs and waste in half with the future of smart battery management. Double energy density in select battery applications.
Problem they solve:
Our proprietary combination of hardware and software is designed to maximize the performance of each cell and guarantee pack operations remain normal even when individual cells falter over their lifespan. Data collected from Haylon’s constantly-improving smart BMS, paired with novel electronics modeled for long-term battery endurance, allows for the first battery pack capable of intelligently adapting to its environment.
Impact:
Haylon Technologies is on a mission to make electrified products more sustainable by unleashing the full potential of existing and new batteries.
Stage:
Seed
Interested in Haylon Technologies?
To learn more about their technology or get in touch, see here.
Fugitive Emissions
2. Orbio Earth
Founded:
2021 – Cologne, Germany
Founders:
Jack Angela and Robert Huppertz
Elevator Pitch:
Orbio has built a software platform that utilises satellite data to monitor methane emissions from the energy industry.
Problem they solve:
Methane emissions from the energy industry, if prevented, would stop 0.2 degrees celsius of global warming. This is the equivalent to all road transport globally.
After COP26 companies are under a huge amount of pressure from regulators, shareholders and buyers to report & reduce their methane emissions.
However they have very poor data collection systems in place. These systems are typically manual, expensive and not scalable across all 11.5m methane emitting assets (e.g. O&G wells) worldwide.
Impact:
Orbio utilises non-methane specific satellite data that generates global methane emissions data every 4 days, at a 20m spatial resolution. This enables companies to identify where their most persistent emitters are within their supply chains, and utilise this data to improve existing reporting efforts to avoid regulatory fines.
If today we help companies understand what their methane emissions footprint looks like. Tomorrow we aim to cross-analyse this methane emissions data with non-emission datasets (e.g. process level data, equipment maps) to better understand what good practice looks like at different asset types, and what bad practice looks like at different asset types.
Stage:
Pre-seed
Interested in Orbio Earth?
If you are interested in learning more, see here.
Agriculture, Forestry and Land Use
3. Nadar
Founded:
2023 – Leipzig, Germany
Founders:
Caroline Busse, Hyeonmin Kang, Marco Eberle, and Simon Vogt
Elevator Pitch:
One platform for all your forest analytics. We offer an all-in-one platform to assess forest projects efficiently and transparently signal high quality to the public.
Problem they solve:
We help you source high-quality projects efficiently to help you identify high quality forest carbon offsets and reduce risks. Use our cloud-based platform to optimize your forest monitoring. Powered by Artificial intelligence, we generate advanced insights from multiple satellite data sources: optical satellite images, Synthetic Aperture Radar (SAR) and satellite-based LiDAR.
Impact:
Our mission is to bring a new level of transparency into forest protection.
Stage:
Seed
Interested in Nadar?
To learn more about this company, see here.
GHG Capture, Use, and Storage
Founded:
2022 – Los, Angeles, CA, USA
Founder:
Glen Meyerowitz
Elevator Pitch:
Clairity Technology is developing novel direct air capture (DAC) plants to remove carbon dioxide from the atmosphere and combat climate change.
Problem they solve:
Our unique approach involves performing DAC to generate dilute CO2 streams. Alternative approaches to CDR generate high-purity CO2 streams, which match industrial standards that are over a century old. We do not believe that blindly adhering to old standards is the way to spur innovation. Instead, Clairity is setting CDR standards for the 21st century and beyond.
Impact:
By streamlining the DAC process, we are able to utilize standard components for construction, significantly lowering manufacturing costs while decreasing future maintenance costs. The operating expense (opex) is lower too because less energy is required to generate a dilute CO2 stream. These factors together allow us to create technologies and systems that can scale more quickly and at a lower cost than more complex CDR solutions.
Stage:
Pre-seed
Interested in Clairity Technology?
If you are interested in learning more, see here.
Location:
2020 – Nottingham, UK
Founder:
David Ortega
Elevator Pitch:
We make carbon-negative chemicals and carbon-neutral e-fuels from CO2 using fermentation.
Problem They Solve:
Our Technology uses renewable electricity to improve profitability by allowing emitters to convert a cost (emissions) into new revenue by upcycling their CO2 into carbon-negative chemicals and carbon-neutral e-fuels. We enable low-cost carbonisation through our cost-competitive products based on existing petrochemicals and fossil-fuels, providing users an easy way to lower their carbon footprint and achieve their sustainability goals.
Impact:
Our technology is easily retrofitted onto existing industrial plants and allows you to convert 100,000 tons of CO2 into 35m of new revenue and produce carbon-neutral cost-competitive chemicals and e-fuels.
Stage:
Seed
Want to learn more about Phase Biolabs?
To learn more about their technology or get in touch 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 350+ climate tech startups to watch we have featured.
