Prelude Ventures’ Post

This Startup Looks to Displace #Batteries with Hyper-Efficient #SolarPanels Europe’s Exeger’s Powerfoyle are a new line of hyper efficient dye-sensitized solar cells (DSSC) that aim to make indoor solar a reality. These low-cost, high-efficiency and flexible cells might soon make their way into our devices. In fact, it’s already in a few. #solarpower #solarenergy

❗ Big news for Minnesota this week... 9 energy startups were named as finalists for our 2025 Demonstration Cohort program: C-Motive Technologies, Inc., Cache Energy, EcoSnap, Enspi.io, Flow Environmental Systems, Latimer Controls, Inc., LiquidCool Solutions, Inc., Power to Hydrogen, and Sensatek Propulsion Technology, Inc. What kind of innovation do they offer? ✔ heat pumps (heating and cooling buildings) ✔ hydrogen electrolysis ✔ wind energy monitoring and analytics ✔ high-efficiency motors ✔ AI-enabled virtual power plants ✔ utility-scale solar energy management ✔ energy storage ✔ cooling systems for high-performance IT equipment Read more about them in our announcement - https://lnkd.in/gAzgAkDD. Wish them luck with next week's big pitch day as part of our 2nd annual MN Cleantech Innovation Summit lineup. https://lnkd.in/gd9A7iHY (Registration closes Sept 18) #AccelerateNorth #demo2deploy #energy #innovation #startups #WeNeedCleanMN

ENERGY MARKETS ARE ELECTRIC! The development of startups within the energy sector in Europe has occurred in 3 waves. Wave 1 ☀ 🌬 Supply Side - Electricity Generation (from ~2010s): Accelerating adoption of intermittent renewable energy through both hardware and software innovations Wave 2 🏢 🚗 Demand Side - Electricity Consumption (from ~2015s): Accelerating the electrification of industries such as mobility, the built environment, and the industrial sector Wave 3 ⚡ ⚖ Grid Flexibility (current wave from ~2020s): Enabling a resilient and flexible grid through advanced energy storage and flexibility services to handle intermittency See below my overview of some of the top startups building within Energy in the New Nordics and beyond (including Ento, Monta, DREM, Greenely from the byFounders family)! See full article below in comments. #energy #startups #climate #VC

Energy was the only corporate investment area not to fall in 2023. And better yet, energy startups are the technologies that have particularly driven the spending.   With hydrogen advancing at a rapid rate, more corporates that have traditionally relied on fossil fuels are now exploring new options in the clean energy field.   It’s great to see Advanced Ionics was identified by Global Corporate Venturing as an energy startup that helped demonstrate the continuing investment of venture into pioneering the energy sector.   Read the full article here: https://lnkd.in/eeBZtGhr   #electrolyzer #greenhydrogen #cleantech #netzeroindustry #cleaninvestment #AdvancedIonics  

It means a lot to see Advanced Ionics be recognized by Global Corporate Venturing, mentioning it first as one of the startups that are "corporate-backed rounds at early stage" in the section titled "Green hydrogen emerges as a cleaner baseload option." See the article.

Via ESN: " Redflow experienced ‘tightness of capital for emerging energy tech’: After Redflow entered administration, Energy-Storage.news Premium speaks to Richard Hughes of Deloitte, appointed to evaluate the flow battery manufacturer’s options. " #EnergyStorage #Energy #BatteryStorage

Swedish start-up Eneryield, a portfolio company of Chalmers Ventures, has closed a seed funding round as part of plans to expand its AI-powered solution for grid operators. Eneryield secured the new investment from ABB and Chalmers Ventures. Eneryield was spun out in 2019 from Chalmers University of Technology. Eneryield’s technology is designed to analyse and predict overloads and faults, helping grid operators resolve the problem without disrupting the power supply. “With support from strategic investors like ABB and Chalmers Ventures, we are ready to take our solution to the market,” said Dr. Ebrahim Balouji (Ph.D, Ph.D), CEO of Eneryield. “Seeing our research fields combined and come to life as a commercial product is motivating to say the least. Our timing is perfect with the growing demand for green energy and the world’s economic and security situation; the need for local, smart energy grid solutions is growing rapidly, and we are ready to meet that demand.” Sami Raitakoski, Grid Components Global Product Group Manager from ABB’s Electrification Distribution Solution, added: “The portfolio synergies between ABB and Eneryield will help create one of the most advanced prediction systems for power networks. “Combining Eneryield’s AI analytics with ABB relays and centralised or virtualised protection and control systems will result in improved accuracy and better maintenance planning for utility and industry customers. The early warning gives the grid operator the time needed to take necessary actions to avoid faults and outages, resulting in better grid reliability and reduced operational costs.” #cleanenergy

A digital twin can be defined as a "digital representation of a physical object, person, or process, contextualized in a digital version of its environment" (McKinsey). Large enterprise Advanced Manufacturing firms are beginning to explore the use of digital twinning (~70% per McKinsey) and they estimate it could reduce scrap waste to ~20%. Digital Twinning is also being deployed in the energy sector as described below. Does your broker specialize in the Advanced Manufacturing, Technology and Energy sectors? "Many businesses are generating more of their own electricity on-site through a mix of assets like solar panels, heat pumps, and batteries. However, as the amount of these assets grows they become increasingly difficult to manage. Tibo’s advanced software, powered by machine learning, turns these assets into one local smart energy grid, making the whole system more efficient....The startup says this allows commercial and industrial companies to go electric and install renewable assets while avoiding costly grid expansion. Tibo claims its digital twin software results in energy and cost savings of up to 15% and 30% respectively." #advancedmanufacturing #digitaltwin #cleanenergy Stacy Roberts Mark Ware Brian Motykowski Jennifer Sheridan, CIC, CRM Daniel Dionne Gavin Wallace Trey Schuler

Before everybody starts in her or his well-deserved weekend, we will make sure to equip you with some nice reads 😊: Recently, we released our ⚡️European #B2B Startup Electricity Map⚡️ (https://lnkd.in/dAre7VZn), shedding light on the journey toward a cleaner, secure, and cost-effective #energy future. This post focuses on the first segment, #Electricity Generation, highlighting innovative startups in this sector. Within this segment, we explore solutions enhancing the efficiency, predictability, and longevity of energy generation assets, leading to two prominent clusters: Asset Management and New Generation Technologies. 💡Key takeaways include: ✅ #Renewable energy deployment aims for a 45% share in Europe by 2030, driving demand for solutions in planning, monitoring, and marketing renewable energy assets. ✅ Electricity is projected to constitute over 50% of final energy consumption by 2050 in a Net Zero Scenario. Meeting this demand requires improving production efficiencies and expanding technological energy generation. Discover startups working on this mission on the map! We endorse emerging fusion solutions for an abundant and sustainable energy future, diversifying and multiplying production output (shoutout to our portfolio company Proxima Fusion 👋). 👉 Explore the map to see how startups are shaping the transformation of our energy system. 🔗 Access the Full Report: Download it here: https://lnkd.in/dbi2qn9B  👉 or visit our website article: https://lnkd.in/dAre7VZn   👉 Link on Airtable to browse through the startups🔗:https://lnkd.in/ddtfW7XC 🔊If you're part of a groundbreaking startup not featured yet, leave a comment or connect with Svetlana Tokareva and Jakob Banhardt – we're eager to learn about you!🚀

#fundingalert 💼Company: Exowatt 💰Funding: $20Million ⚡Round: Seed  👥Investors: Atomic, Sam Altman, and a16z Exowatt is a next-generation renewable energy company that offers a modular full-stack energy solution to commercial and industrial customers. This solution is specifically made to meet the demands of energy-intensive applications like data centres and can provide dispatchable power and heat for up to 24 hours a day. Exowatt, a company co-founded by Jack Abraham and Hannan Parvizian, offers a modular energy platform intended to power data centres that require a lot of energy. The company’s main product, the Exowatt P3, is a modular, three-in-one system that includes a heat engine, a heat battery, and a heat collector that can provide heat and electricity on demand all day long. Hannan P., Ehsan Ordouie   Read more - https://lnkd.in/gRJEcch8 To share your startup story write us on - contact@startuprise.io #Exowatt #RenewableEnergy #modular #industrial #commercial #dispatchable #funding #news #fundingnews #startupnews #startuprise