Let’s meet companies that were singled out in the AWS Climate Tech Accelerator - a virtual and equity-free program supporting early-stage startups with product development, go-to-market, and investment readiness powered by AWS Startup Loft Accelerator in collaboration with Vestbee.
Abit
Abit is a Milan-based agritech startup focused on sustainability. It offers mobile app solutions to farmers and advisors, employing software and mathematical models to tap into a €1.6B market opportunity. The diverse team has expertise in technology, environmental, and biological sciences. Partners include Amazon Web Services, Corley, RINA spa, and Università degli Studi di Genova. Abit addresses the urgent need for sustainable food systems, as agriculture contributes 10% of global GHG emissions. The EU aims to restore 30% of natural land and sea areas by 2030, and the sustainable food market is growing rapidly.
Aliagrid srl
Aliagrid focuses on monitoring and reducing methane emissions in gas distribution networks. They offer IoT sensors, real-time monitoring, and a platform-as-a-service with predictive and descriptive AI-based tools to manage emissions. Aliagrid's solution includes features such as low-cost, low-consumption sensors, integration of satellite CH4 emission data, and a digital twin for evaluating grid states. In Italy, CH4eco targets a Total Addressable Market (TAM) of €400M.
Anqalab
Anqalab, based in London, is innovating in the battery sector using AI to expedite the development of new batteries. The startup identifies the slow progression of current battery technology as a bottleneck in the electrification movement.In terms of market potential, Anqalab is targeting a segment within the $7.1T manufacturing market, specifically focusing on the $58B battery materials market, which includes manufacturers seeking R&D digital innovations. Anqalab's competitive edge lies in its fully automated software solution, requiring no advanced computing skills from users.
CloEE
Helsinki based CloEE, an expert in Industry 4.0, offers cloud-based solutions to improve the efficiency of CNC machinery. Their services transform on-premise software and hardware into a versatile SaaS offering, applicable to any equipment. CloEE addresses key industry challenges by optimizing costs and reducing equipment downtimes. Their solutions increase machine utilization by 20-30% per month, reduce downtime by 10-20%, and save up to 10% on energy consumption. They also digitalize communication processes, improve operator productivity, and enable real-time production monitoring and automatic part counting.
ECO2GROW
Based in Germany, ECO2GROW specializes in helping SMEs access renewable energy more efficiently and cost-effectively. They achieve this through virtual Power Purchase Agreements (vPPAs) from solar and wind farms. These vPPAs provide long-term energy price and supply stability for SMEs, enabling them to purchase green energy at competitive prices previously available only to larger corporations. By bridging the gap between renewable energy producers and smaller businesses, ECO2GROW facilitates more sustainable energy consumption and helps SMEs reduce their carbon footprint and energy costs.
EVE
EVE, Ireland based, is a company focused on advancing the electrification of commercial vehicle fleets through cutting-edge analytics, addressing the urgent need to reduce global CO2 emissions from transportation, which constitute a significant portion of the world's total emissions. With an estimated 400M commercial vehicles needing electrification worldwide, especially in the EU by 2035, EVE presents a timely solution. They offer a cloud-based software platform with dual revenue streams: a subscription model and an API licensing fee.
Exnaton
Exnaton, based in Germany, is a software company focused on preparing utilities for the future, especially in the rapidly changing residential energy sector. As an official partner of SAP, Exnaton addresses the challenges faced by energy companies as they transition to becoming solution providers. These challenges include creating incentives to balance demand with renewable supply, offering new products related to renewables and prosumerism, and leveraging smart meter data to enhance customer experience. Exnaton’s product is a white-label billing add-on compatible with various ERP systems like SAP, powercloud, Schleupen, and Lynqtech.
FireTracking
FireTracking, a USA startup, is a company dedicated to detecting and preventing wildfires through a unique proposition that engages various stakeholders. Their initiative, as per the IPCC 2021 report and their own analysis, comes in light of the expected increase in wildfire events by 31% to 57% by the end of the century.Utilizing state-of-the-art AI for stand-alone monitoring, their system is designed for harsh environmental conditions and requires little maintenance. FireTracking's global market is emerging, with only 5% of the world forest area currently monitored by at least one video system, representing a market value of approximately US$ 40B.
Youree
Paris based Youree is a software-based solution focused on revolutionizing green energy storage by utilizing electric vehicle (EV) batteries. This innovative approach comes at a time when the world is shifting towards renewable energy sources, projected to make up 50% of the global power generation mix by 2030. For end-users, Youree offers incentives like cost-effective and carbon-neutral smart charging, flexibility in Vehicle-to-Everything (V2X) technology, and the ability to power home appliances from the car. For enterprises, Youree provides analytics on carbon accounting, charging station occupancy, fleet charging management, and energy management.
Golfstrom
Germany based Golfstrom is a Solar-as-a-Service platform targeting the solar energy market in Europe. It seeks to address the gap where more than 10M homeowners in Europe are considering solar photovoltaic (PV) systems, with about half looking for financing options. The startup is creating a solar leasing model for independent solar installers and their customers. Golfstrom's solution enables solar installers to offer solar systems for lease, and it also provides investors with access to decentralized solar energy assets. This approach is aimed at giving regional solar installers a competitive edge, stable revenues, and higher conversion rates, while homeowners benefit from the income generated from leased solar-PV systems.
Green City Logistics
Poland based Green City Logistics is a startup aiming to revolutionize urban logistics through digital and green solutions to contribute positively to climate action. Their focus is on smart urban logistics, a field at the heart of modern urbanization that combines logistical problem-solving within cities with technology integration to create efficient, sustainable models. The company targets the logistical challenges posed by modern cities, such as the mismatch between existing urban spatial structures, the needs of their inhabitants, and the transportation systems in place. Operating within the global Green Logistics Market, which was valued at approximately USD 1,038.5B in 2021 and is expected to grow significantly.
Greenbids
France based Greenbids is a carbon reduction AI technology company focused on increasing media effectiveness while decreasing carbon footprints in the programmatic advertising sector. Programmatic advertising is identified as a significant source of carbon emissions, with yearly contributions of 2.6M tons across five major economies. It is estimated that approximately 40% of carbon resources allocated to digital programmatic advertising are wasted. Greenbids introduces a unique solution to this problem by enabling advertisers to directly address the three main carbon sources in their campaigns: creative, ad selection, and distribution. This is achieved through Greenbids' technology, which claims to increase average media effectiveness by 26% while reducing carbon intensity by 35% compared to industry benchmarks.
IBISA
IBISA, based in India, is a startup that specializes in providing climate resilience solutions through the use of technology and insurance. They focus on offering insurance products and services to protect businesses and communities against the impacts of climate change. Their offerings include insurance coverage for farmers, breeders, pastoralists, and other stakeholders in agriculture and related industries, with a focus on addressing the protection gap caused by climate-related risks.
Kwota
Kwota, based in Tallinn, is a company that provides digital validation and trading services for recycled material carbon dioxide (CO₂) emissions. The core mission of Kwota is to create a significant advantage for material producers who use recycled materials, ultimately increasing the reuse of materials and contributing to a reduction in carbon emissions. The company acknowledges the urgency of addressing the climate crisis and the fact that the world is currently emitting carbon emissions at a rate that exceeds the planet's capacity to absorb them. Carbon emissions are identified as the primary driver of global climate crises, and Kwota aims to tackle this issue by focusing on material production, which is responsible for over 51% of these emissions.
Momentick
Momentick specializes in providing autonomous greenhouse gas (GHG) monitoring solutions. Their mission is to contribute to a net-zero future by addressing GHG emissions, particularly methane, which is a potent greenhouse gas.They offer services for pinpoint monitoring of specific locations and large-scale monitoring of extensive areas, helping clients identify and quantify emissions accurately. Momentick leverages advanced technology, including geospatial and computer vision expertise, to provide insights and solutions for emissions reduction. Their target markets include industries like oil and gas, waste management, financial services, carbon credits, and sustainability clouds.
Ogre Artificial Intelligence
The winner of this year’s edition of the CEE Startup Challenge, based in Romania - Ogre AI, is an automated B2B platform that uses machine learning to offer financial and operational decision-making support to energy & utilities companies. At Ogre, it is believed that data science and artificial intelligence are shaping the future of the energy industry, so they continuously strive to innovate their products, while putting clients and partners at the forefront of the research and technological process development.
Open Hydro
UK based Open Hydro is focused on addressing the issue of greenhouse gas (GHG) emissions from water bodies, particularly reservoirs. Their mission is to help water and electric utilities, as well as other industries, access green finance and reach their net-zero targets by providing a digital platform that automates GHG emissions calculations related to water. Open Hydro provides a B2B SaaS platform built on scientific and industry expertise. This platform helps map, quantify, track, and monitor emissions from water sources, including hydropower, irrigation, water supply, fisheries, recreation, and navigation.
PLSTKA
PLSTKA is a startup that has developed a mobile application with a focus on waste management and recycling. The app encourages users to collect and separate their solid waste, such as plastic, aluminum, and electronic waste, in exchange for discount coupons on various real services like food, drinks, medical services, and transportation. PLSTKA aims to promote responsible waste management and recycling practices while offering users incentives and rewards for their efforts.
Smartflow
Smart Flow Irritech Solutions is a company based in Berlin, Germany, with a mission to empower farmers to achieve optimal yields while mitigating the effects of climate change through innovative irrigation solutions and responsible use of the earth's resources. They specialize in Climate Smart Irrigation Solutions and serve as an authorized distributor of Reinke, covering Guatemala and Central America. Reinke is a renowned brand known for its Pivot and Front Feed systems, with its headquarters located in Nebraska, USA, and a reputation for maintaining the highest industry standards. Smart Flow Irritech Solutions operates in the categories of consulting, food, beverage, and professional services.
Tellus AI
Based in France, Tellus AI aims to help organizations reduce their risk exposure and adapt their operations to the changing climate. They recognize the need for better data and tools to specify and estimate vulnerabilities in a non-stationary climate.Tellus AI offers an original and innovative physics-guided approach to climate modeling. They combine physics-guided climate models with machine learning to provide risk prediction for various climate-related factors, such as temperature, precipitation, snow, soil moisture, streamflow, and wildfires.Tellus AI identifies a deficit in the market for Subseasonal-to-Seasonal (S2S) forecasting. Existing players, including research institutes, major AI corporations, climate tech companies, and startups, often have limitations in addressing the needs of the private sector for climate risk prediction.
Together Global
UK based SaaS platform that focuses on decarbonizing road transportation. The startup uses advanced machine learning to clean, blend, and enhance datasets to help companies uncover emissions at the trip level, remain compliant with regulations, and take dynamic actions to achieve net-zero goals. The problem they address is the significant emissions coming from road transportation, which accounts for 25% of total emissions, and the need for organizations to meet net-zero goals by 2030. Clearly offers solutions to help fleet owners and operators manage and reduce emissions efficiently. Their platform is hardware and format-agnostic, easy to use, and helps with compliance proof.
VOLTAAGE
VOLTAAGE, based in France, is focused on developing a B2B SaaS solution for managing sustainable mobility and decarbonization in the corporate sector. The startup's goal is to assist companies in choosing and managing sustainable mobility solutions efficiently and in compliance with evolving regulations. Their software uses data-driven recommendations, automates daily mobility tasks, tracks expenses, and provides centralized control over costs and CO2 emissions. The startup collaborated with over 200 enterprises, 100 car dealers, and various dealerships and lease companies to develop its software.The startup's algorithm is its competitive advantage, offering faster and more cost-effective solutions compared to competitors.
Windscope
UK based Windscope, a cleantech SaaS product operating in the Wind Power sector. Windscope focuses on providing advanced analytics and insights to wind farm operators, specifically for the maintenance and optimization of wind turbines. Windscope offers a powerful web-based platform that leverages proprietary machine learning techniques developed through collaboration with the Offshore Renewable Energy Catapult and supported by BEIS (Department for Business, Energy & Industrial Strategy).The Serviceable Obtainable Market (SOM) is estimated at £90M, with the Total Addressable Market (TAM) estimated at £738M. The SOM represents approximately 12% of the global wind power capacity.
