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Published 28.02.2024

Climate Solutions Prize: More than $1.3 Million Awarded to Israeli Climate Tech Startups

Winners are BaTTeRi, Electriq, Envomed, Filo Systems, Nemo Nanomaterials, TIGI, Biotic

 

TEL AVIV, Israel, 26 February 2024 –$1.3 million dollars were awarded to Israeli climate tech startups today as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivizes climate innovation to address the global climate crisis. The startup track was led by Startup Nation Central together with Climate Solutions Prize Organization.

The Startup Track prizes include the premier flagship Equity Investment of $1M from Capital Nature as well as a roadshow to Singapore from Temasek Foundation, an investment and incubation process with ESIL, and engagements with corporate business units from Continental, E.ON, Italgas and Takeda to Israeli early-stage startups developing innovative climate tech technologies.   In addition, Amazon Web Services and Deloitte offered market access and professional support to the startups in this initiative.

“With the objective of channeling Israel’s ingenuity to tackle one of the biggest challenges of our times, the Climate Solutions Prize is the largest incentive prize in Israel’s history. It aims to be a catalyst for climate tech innovation in both breakthrough research and the startup ecosystem. It is vital that we mobilize and inspire the best efforts and best minds so that we can proudly leave a better world for future generations to come”, said Jeff Hart, Executive Chair of the Climate Solutions Prize.

Startup Nation Central’s CEO, Avi Hasson commented on the importance of the initiative: “As a recognized leader in developing advanced solutions to global challenges, Israel is extremely well-positioned to take a central role in battling climate change and bringing solutions to the biggest shared challenge of our times. The initiative, designed to award the best and brightest climate tech startups throughout Israel, provides access to investment, partnership opportunities with global MNCs, and exposure at COP28 to global solution seekers, to promote scalable, sustainable solutions to pressing environmental challenges”.

The winners of this year’s challenges:

  • Capital Nature’s $1M Flagship Investment for TRL 4+ companies with innovative solutions which address the climate crisis awarded to Filo Systems for their data compression engine that provides optimized storage and networking savings, enabling significantly lower energy consumption and cooling costs for data centers across the world. Filo’s technology can reach a projected environmental impact of up to 1% reduction in annual global emissions.
  • Temasek Foundation’s Disruptive Decarbonization Prize for innovative decarbonization solutions helping urban cities remove carbon emissions at scale: awarded to Electriq for their innovative powder hydrogen carrier that can be transported in ambient and non-pressurized conditions– simplifying storage, transport, and use of hydrogen in off-grid applications and long-term storage.
  • E.ON’S Energy Solutions for Industry & Buildings Challenge for new and innovative, digitally enabled energy solutions for clients in the industrial and buildings segment to help deliver energy and heat transition faster: awarded to TIGI for renewable heat generation and heat storage solutions for commercial and industrial applications.
  • Italgas’ Decarbonizing Energy Distribution Infrastructure Challenge for innovative technologies in energy and distribution infrastructure focused on driving energy transition and decarbonization efforts in Europe, aligning with the EU’s Green Deal Targets: awarded to Nemo Nanomaterials for providing industrially scalable nanotechnology solutions that enhance performance and improve the properties of industrial materials and products.
  • Takeda’s Addressing Plastic Waste in the Plasma Industry Challenge for solutions that reduce single-use plastic waste, including both medical waste and non-hazardous waste, was awarded to Envomed for a unique machine that shreds and sterilizes medical waste simultaneously using a scientifically developed and proven chemical sterilization technology that can achieve a 6-log reduction of spores in infectious medical waste.
  • Continental’s Sustainable Materials for Automotive ApplicationsChallenge for new, novel materials for automotive applications that support Continental’s target to achieve 100% carbon neutrality and emission-free mobility by 2050 awarded to Biotic for enabling optimal transition from fossil fuel plastics with a scalable, fully biological, environmentally friendly process, contributing towards reducing greenhouse gas emissions.
  • ESIL’s Early-Stage Funding Challenge for scaling DeepTech solutions to climate-related challenges, and providing know-how, up to 2M NIS of funding, network, and pilot facilities: awarded to BaTTeRi, an innovative EV Charging as a Service (CaaS) company with a zero-infrastructure method based on a proprietary charging robot, Thomas. Thomas enables sites and parking lots to offer rapid DC EV charging in every parking spot.
  • In addition, Amazon Web Services, as primary sponsor of the CSP, chose the startup Electriq to exhibit at their Clean Energy Showcase at COP28.

Thomas Birr, Chief Strategy and Innovation Officer at E.ON: “Along the way we’ve learned that the approach of collaborating with startups is more successful than trying to find them ourselves. To bridge the culture gap between startups and corporations, we’ve learned that you need an ambassador in the company who speaks both languages. That’s why we have people in Palo Alto or in Tel Aviv. We continue to put our trust in Israel’s high-tech ecosystem.”

Gilles Mabire, Chief Technology Officer, at Continental Automotive: “Continental’s sustainability collaborations with start-ups follow a multi-faceted strategy: collaborations with academia, partnerships with startups – and our own start-up experts at Co-Pace. Embracing sustainability in automotive development is a strategic imperative and we were really impressed with Biotic´s approach to it.”

“We at Capital Nature continue to support the local innovation ecosystem by investing in decarbonization solutions for a healthier planet, and we thank both SNC and CSP Organization alongside all other partners for their joint partnership,” said Ofir Gomeh, General Manager, Capital Nature.

The 2023 Israeli Climate Tech Landscape Map details leading companies with solutions addressing the climate crisis. A full report on the activity of the climate sector in Israel is available here.

The Breakthrough Research Prize track was awarded in January to three Israeli research teams to propel their work on promising solutions to the climate crisis.

For more information about the Climate Solutions Prize tracks, contestants, and winners, please visit: https://climatesolutionsprize.com/competitions.asp?id=70

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Last updated: January 2018

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You also provide us information in User Submissions you post (or send to us to post) to the Service. Your questions, answers, participating in blog discussions (and corresponding social profile) and other contributions on the Service, and metadata about them (such as when you posted them), are publicly viewable on the Service, along with your name (unless the Service permits you to post anonymously).This information may be searched by search engines and be republished elsewhere on the Web in accordance with our Terms of Service.

If you choose to use our invitation service to invite a friend to the Service, we will ask you for that person’s email address and automatically send an email invitation. Startup Nation Central stores this information to send this email, to register your friend if your invitation is accepted, and to track the success of our invitation service.

Cookies: When you visit the Service, we may send one or more “cookies” – small data files – to your computer to uniquely identify your browser and let Start-Up Nation Central help you log in faster and enhance your navigation through the Service. A cookie may convey anonymous information about how you browse the Service to us, but does not collect personal information about you. A persistent cookie remains on your computer after you close your browser so that it can be used by your browser on subsequent visits to the Service. Persistent cookies can be removed by following your web browser’s directions. A session cookie is temporary and disappears after you close your browser. You can reset your web browser to refuse all cookies or to indicate when a cookie is being sent. However, some features of the Service may not function properly if the ability to accept cookies is disabled.

Log Files: Log file information is automatically reported by your browser each time you access a web page. When you use the Service, our servers automatically record certain information that your web browser sends whenever you visit any website. These server logs may include information such as your web request, Internet Protocol (“IP“) address, browser type, referring / exit pages and URLs, number of clicks, domain names, landing pages, pages viewed, and other such information.

Clear GIFs Information: When you use the Service, we may employ clear GIFs (also known as web beacons) which are used to track the online usage patterns of our users anonymously. No personally identifiable information from your Start-Up Nation Central account is collected using these clear GIFs. In addition, we may also use clear GIFs in HTML-based emails sent to our users to track which emails are opened by recipients. The information is used to enable more accurate reporting and make Start-Up Nation Central better for our users.

Analytic Services: Start-Up Nation Central may use various tools which analyze users on the Service, including a tool called “Google Analytics” to collect information about use of Start-Up Nation Central’s Site. Google Analytics collects information such as how often users visit the Site, what pages they visit when they do so, and what other sites they used prior to coming the Site. We use the information we get from Google Analytics to maintain and improve the Site and the Service. We do not combine the information collected through the use of Google Analytics with personally identifiable information. Google’s ability to use and share information collected by Google Analytics about your visits to the Site is restricted by the Google Analytics Terms of Service, available at https://www.google.com/analytics/terms/us.html, and the Google Privacy Policy, available at https://www.google.com/policies/privacy/. You may learn more about how Google collects and processes data specifically in connection with Google Analytics at https://www.google.com/policies/privacy/partners/. You may prevent your data from being used by Google Analytics by downloading and installing the Google Analytics Opt-out Browser Add-on, available at https://tools.google.com/dlpage/gaoptout/.

Personally Identifiable Information: Start-Up Nation Central may share your personally identifiable information with third parties for the purpose of providing the Service to you. If we do this, such third parties’ use of your information will be bound by this Privacy Policy. We may store personal information in locations outside the direct control of Start-Up Nation Central (for instance, on servers or databases co-located with hosting providers).

As we develop our business, we may buy or sell assets or business offerings. Customer, email, and visitor information is generally one of the transferred business assets in these types of transactions. We may also transfer or assign such information in the course of corporate divestitures, mergers, or dissolution.

We may share or disclose your information with your consent, such as if you choose to sign on to the Service through a third-party service. We cannot control third parties’ use of your information.

Startup Nation Central may disclose your personal information if required to do so by law or subpoena or if we believe that it is reasonably necessary or helpful to comply with a law, regulation or legal request; to protect the safety or rights of any person; to address fraud, security or technical issues; or to protect Start-Up Nation Central’s rights or property.

Non-Personally Identifiable Information: We may share non-personally identifiable information (such as anonymous usage data, referring/exit pages and URLs, platform types, number of clicks, etc.) with interested third parties to help them understand the usage patterns for certain Start-Up Nation Central services.

Startup Nation Central may allow third-party ad servers or ad networks to serve advertisements on the Service. These third-party ad servers or ad networks use technology to send, directly to your browser, the advertisements and links that appear on Start-Up Nation Central. They automatically receive your IP address when this happens. They may also use other technologies (such as cookies, JavaScript, or web beacons) to measure the effectiveness of their advertisements and to personalize the advertising content. Start-Up Nation Central does not provide any personally identifiable information to these third-party ad servers or ad networks without your consent. However, please note that if an advertiser asks Start-Up Nation Central to show an advertisement to a certain audience and you respond to that advertisement, the advertiser or ad server may conclude that you fit the description of the audience they are trying to reach. The Start-Up Nation Central Privacy Policy does not apply to, and we cannot control the activities of, third-party advertisers. Please consult the respective privacy policies of such advertisers for more information.

Information Collection and Use

Startup Nation Central uses information we collect to analyze how the Service is used, diagnose service or technical problems, maintain security, personalize content, remember information to help you efficiently access your account, monitor aggregate metrics such as total number of visitors, traffic, and demographic patterns to comply with the applicable laws.

Your Choices About Your Information

You may, of course, decline to submit personally identifiable information through the Service, in which case Start-Up Nation Central may not be able to provide certain services to you. You may update or correct your account information and email preferences at any time by logging in to your account.

Children’s Privacy

Protecting the privacy of young children is especially important. Startup Nation Central does not knowingly collect or solicit personal information from anyone under the age of 13 or knowingly allow such persons to register with the Service. If we become aware that we have collected personal information from a child under age 13 without verification of parental consent, we take steps to remove that information.

Our California Do Not Track Notice

We do not currently respond or take any action with respect to web browser “do not track” signals or other mechanisms that provide consumers the ability to exercise choice regarding the collection of personally identifiable information about an individual consumer’s online activities over time and across third-party web sites or online services. We may allow third parties, such as companies that provide us with analytics tools, to collect personally identifiable information about an individual consumer’s online activities over time and across different web sites when a consumer uses the Service.

Deletion of Content from California Residents

If you are a California resident under the age of 18 and a registered user, California Business and Professions Code Section 22581 permits you to remove content or personal information you have publicly posted.  If you wish to remove such content or personal information and you specify which content or personal information you wish to be removed, we will do so in accordance with applicable law.  Please be aware that after removal you will not be able to restore removed content. In addition, such removal does not ensure complete or comprehensive removal of the content or personal information you have posted and that there may be circumstances in which the law does not require us to enable removal of content.

Changes to Our Privacy Policy

If we change our privacy policies and procedures, we will post those changes on this page to keep you aware of what information we collect, how we use it and under what circumstances we may disclose it. Changes to this Privacy Policy are effective when they are posted on this page. If you have any comments or questions regarding our Privacy Policy, or your personal information that we may be storing and using, please contact us at [email protected].

Last Updated: January, 2018