22 March 2023
The nine founders accepted into the Equinor & Techstars Energy Accelerator program will be pitching at Demo Day during the conference.
Hundreds of applications from 51 countries came in for the fifth edition of the accelerator program Equinor & Techstars Energy Accelerator. Now nine companies have been selected for the program, which has been developed to help speed up the companies’ development and growth.
This year’s nine companies come from Canada, the USA, India, Sweden, Zimbabwe, Australia, and Norway. The three Norwegian participants are Neomare, Norsjor, and Weme.
“Norway is recognized as a global hub in energy technology, which is why Techstars has chosen to locate our energy accelerator here. This year’s start-up companies challenge the boundaries of technology and innovation for tomorrow’s energy industry and I look forward to following the companies’ development over the next 13 weeks,” says Audun Abelsnes, Managing Director of Equinor & Techstars Energy Accelerator.”
On 15 June, the companies will present themselves to a larger audience during Energy:Connected, with the aim of recruiting new investors for the next phase of the companies’ development.
(Photo: Ole Jørge Bratland, Equinor)
ENKI.AI (United States): AI-Powered Market Intelligence Platform for Climate Tech Companies
Enurgen (Canada): Empowering the Future of Solar Energy with Enurgen’s Operating System.
Liquidstar (United States): Where the grid ends Liquidstar’s begins.
NeedEnergy (Zimbabwe): The Missing Platform For Trading Renewable & Clean Energy at the Edge of the Grid
neomare (Norway): Game changing imaging technology
Norsjór ór (Norway): Clean hull without exception
OE Systems AB (Sweden): Enabling stable renewable energy through waves
Solavio labs (India): Solar panel dry cleaning robots to reduce soiling, increase plant generation and save water.
WeMe Facilitators (Norway): A digital tool for action-triggering dialogue.
Techstars Demo Day is a result of a startup accelerator program with support from Equinor, Capgemini, and Techstars. The program seeks world-leading startups that are developing cutting-edge technology and they get help from mentors and experts to drive the energy transition.
Demo Day at the Equinor & Techstars Energy Accelerator is an event where the startups that have participated in the accelerator program get to showcase their businesses and their innovative energy solutions to potential investors, industry experts, and the broader energy community.
During Demo Day, each startup typically gives a short presentation or pitch about their business and their energy solution, highlighting the market opportunity, the technology or service they are offering, the team, and their traction. The presentations are usually followed by a networking session, where attendees can meet the founders, ask questions, and discuss potential investment or partnership opportunities.
Demo Day is an important milestone for startups, as it provides them with a platform to gain visibility, validate their businesses, and attract potential investors or customers. For investors and other stakeholders, Demo Day is an opportunity to discover promising startups, connect with founders and industry peers, and potentially invest in or partner with high-growth companies working in the energy sector.
The Equinor & Techstars Energy Accelerator is a 13-week program that is designed to support and mentor startups working on solutions related to renewable energy, energy storage, digitalization, and other related fields. The program provides participating startups with access to mentorship, funding, and other resources to help them grow and scale their businesses.
The Equinor & Techstars Energy Accelerator connects the networks from Equinor, Capgemini, Techstars, and investment partner Sandwater. The goal is to support and grow the companies over 13 weeks and beyond. Techstars has invested in more than 2,500 companies with a combined market cap of more than $220B.
Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere.
