Greentown Labs’ Post

Over the past few months, I have been able to gain insights into the future development of the energy market through a number of opportunities. I have made the following personal observations as a result: 1. I know that I know almost nothing... Through discussions with various investors and experts, I am beginning to understand that even major meta-topics such as the energy transition will ultimately be solved in the details. As someone who has no technical background, it is therefore sometimes difficult to tell whether something is fundamentally feasible. 2. Alternative investment hypotheses In general, it is nothing new that new approaches are needed to finance pioneering technologies. However, it is interesting to see how founders deal with this - from financing models that are based on the example of Tesla with upfront payments to project companies that leverage their capital with debt. 3. International framework  There are national and international problems, but I now see that the energy supply is a planetary problem. So it only makes sense to interconnect promising teams and enabling capital globally. Which is why I am excited that with D2XCEL we are part of a programme which offers the opportunity to create such a network. So if you agree with my observations, please share the article and become part of D2XCEL! 

Before being approached by innovation scouts from Oz, as a possible scale-up, vendor plus investment target, we had not considered entering the Dutch Power Distribution market to assist Alliander to transition to a more efficient, customer centric DNO/DSO by helping their grid become more resilient. These smart "Sons of Skippy" sussed from afar that our Norwegian electromagnetic power quality technology was a suitable candidate solution for Alliander who underpin the Dutch power transmission system. Now we are raring to go and to explore how we might be able to assist The Netherlands' power eco-system that is rich in renewables, like Norway, Scotland, China & Denmark. Our technology corrects voltage imbalance and harmful harmonics up to the 100th harmonic, Ultra and Supra Harmonics in real time, while sampling and relaying up to 4 million bits of power quality data a second. So two new DNO business opportunities for us, one in the UK and possibly one in the Netherlands. Glad my passport is battle ready! #guptasmartenergy #alliander #powerqualityasaservice #startupbootcaamp #electromagneticpowerqualitysolutions #emesnorway

It was great to talk to Executive Digest about EDP Energy Starter - one of our flagship startup engagement programs focused on identifying and scaling cutting edge solutions in clean tech. We discussed the past as much as the future of EDP Energy Starter and it is always motivating when you stop for a moment to take stock of what you and your team have accomplished, of how far EDP Innovation has come and how much Energy Starter evolved over the years. From startups to scaleups, from incubation to biz dev, from theater to impact on shareholder value, from following trends to influencing the ecosystem. It has been quite the treck and the adventure continues in November with our next track which focuses on critical areas to the energy transition such as DER, e-mobility and decarbonization. Innovation@edp #WeChooseEarth #AllGreen2030 #EnergyTransition

On June 26, MACP and its partners [Associated Industries of Massachusetts, Environmental League of Massachusetts (ELM), Greentown Labs, Massachusetts Business Roundtable, Massachusetts Taxpayers Foundation, Mass Mobility Hub, NECEC, The Engine Accelerator] had the pleasure of hosting a Competitiveness Conversation on "Massachusetts Climatetech Leading the Charge" featuring a panel of 4 climatetech CEOs sharing their experiences and insights on the industry in the commonwealth. We were honored to be joined by Joshua Aviv, CEO of SparkCharge. A few key points of his included: 👥 Massachusetts has a talented pool of experienced professionals knowledgeable about building cleantech companies, which was a major reason that SparkCharge made the decision to stay in the state and hire locally. 🚗 The Massachusetts climatetech ecosystem is growing: organizations like Greentown Labs and MassRobotics have laid a strong foundation, and we have new organizations like Mass Mobility Hub, which is focused on transportation and mobility, that will help attract more startups to the state. 📈 The Massachusetts climatetech ecosystem is not only growing, but with the right investment (including increased access to capital) can thrive. See the short video clip below to hear why Josh describes Massachusetts as the "superpower" that supported SparkCharge's success.

🌟 Exciting News! 🌟 On the occasion of its 10th anniversary celebrated in Munich on 20 June 2024, the CleanTech Business Club (CBC) announced a strategic partnership with Euro-Funding Europe. This collaboration aims to identify and support disruptive startups in the cleantech, clean hydrogen, and clean water sectors through CBC's start-up hub. Euro-Funding will provide guidance on European public funding strategies, while CBC will connect these startups with international investors. This partnership seeks to foster innovation, promote clean technologies, and drive the growth of sustainable business practices. Together, we aim to accelerate the transition to a sustainable, low-carbon economy by leveraging the collective expertise and influence of our members. Read more in the article by Marie Latour here: https://lnkd.in/dEHRCj4K #CleanTech #Sustainability #Innovation #EuroFunding #BusinessDevelopment #CleanHydrogen #CleanWater #GreenEconomy #Partnerships #PolicyInfluence Let's work together to shape a greener future! 🌱💡 Feel free to share your thoughts and join the conversation.

Our first Launchpad Expo of the year kicks off tomorrow with a focus in ClimateTech! 🚀 Increasing global temperatures, wide spread grid failures, and dangerous emissions are massive concerns that face humanity. Here from an expert panel of climate activists and 5 highly vetted startups that are looking to change our future. #investors #startups #founders #climatetech #climateinvesting #greentech Check out our lineup of panelists and presenters:

We need more experienced operators building climate companies. Great to see Philip Krim & Co. launch Montauk Climate to build high-impact tech companies at the forefront of a sustianable, electrified, and digitized future. Excited to work closely together. To read more about Montauk Climate and their call to action for all innovators, entrepreneurs, and change-makers to share their ideas in addressing today’s most pressing climate challenges, check out TechCrunch piece below. #climate #startups

The ability to partner and collaborate on multiple fronts is essential to the evolution of the future energy system and is central to the success of Chevron Technology Ventures, as CTV President Jim Gable noted this week in the CERAWeek conversation, "Corporate Venture's Role in Supporting Innovation and Startups." Collaboration can help close innovation gaps and integrate emerging technologies into existing value chains. While entrepreneurs have the speed, incumbents have much to add to enable the size and scale of what we need to achieve for a lower carbon future. #technology #innovation #energy #CERAWeek #CWAgora

Happy to announce that we got into the Winter Investment Call at PurposeTech with our company Choice Technologies AG. This is especially important to me for 2 main reasons: 1- It shows that our #mission is understood and that #venturecapital can contribute to a #stigmafree society through #impactinvestment while seeing the business case 2- We will have the opportunity to work through a professional #duediligence process to be investment ready within the upcoming weeks for our #earlystage #financing

Calling carbon reduction climate ventures. Applications for Earth Tech: 2050 are open for Sept 2024 start. This program is supported by Foresight Canada and Social Innovation Canada