Announcing the 2022 Equinor & Techstars Energy Accelerator class

Mar 28, 2022

By Audun Abelsnes, Managing Director of the Equinor & Techstars Energy Accelerator

We are thrilled to announce and welcome the 2022 class of the Equinor & Techstars Energy Accelerator. The program started with a bang March 21st and our Demo Day will take place on June 16th. And this year, we are back to normal as the program will be “in person” & inside the beautiful office of Equinor in Oslo. It is simply awesome to once again welcome founders in person!

The Equinor & Techstars Energy Accelerator brings together three very strong networks – Equinor, Capgemini and Techstars, but also investment partner Sandwater – and our one and only goal is to support and grow these 8 incredible companies over the next 13 weeks and beyond. 

The Techstars worldwide network helps entrepreneurs succeed. Our 2,600+ portfolio companies have raised $20 billion in capital, with 85% of our portfolio companies remaining active or having been acquired. Together, Equinor, Capgemini and Techstars create an unfair advantage for founders and give them the best chance for success.  

In addition to being selective, the Equinor & Techstars Energy Accelerator is global and diverse. Entrepreneurs from Canada, the US, UK and Norway will spend 3 months with us. They were selected from a strong global applicant pool from 40 countries, all focused around energy in a broad context.  

I would like to thank our mentors, sponsors, partners and alumni for their generous support in this process. Special thanks to Equinor and Capgemini for their true commitment to the success of Techstars Energy.  

 Some words from our fantastic partners : 

“We must work, talk, innovate, and tackle challenges together and in this way, help accelerate technology development and implementation of new solutions. We believe that innovative entrepreneurs and start-ups will play a vital role in this space. In cooperation we can leverage each other's strengths where Equinor can support with capital, technical experts combined with a strong drive for piloting and implementing solutions in our own business, says Mary Karunakaran, Equinor Programme Leader.

“At Capgemini Invent, we are passionate about bringing to life what’s next. As a global leader in technology, strategy, and digital transformation we want to utilize our global network to create sustainable impact and solutions. The Equinor & Techstars Energy Accelerator Program represents an opportunity to explore innovative ideas that can reshape our industry. We are very excited to be working with this year’s group of startups and to learn from them,” says Elin Skauge, Vice President Innovation & Strategy at Capgemini Invent Norway.

Go team Techstars Energy! 

Without further ado, here are the 2022 Equinor & Techstars Energy Accelerator companies:  

Korall Engineering, NORWAY:

AI to automate product design workflows and optimize parts for additive manufacturing.

Sol Clarity, USA:

Water-free, automated and self-cleaning solar power. The company has developed a technology that can keep PV modules clean autonomously without water, abrasion, moving parts, or manual labor.

SurPlusMap, NORWAY:

Geospatial analytics to find ideal sites where it is possible to take advantage of renewable energy infrastructure. Helps decision-makers in the green transition.

Bioledger, UK:

Bioledger is a software solution company that tracks biofuels from point of origin through a mobile app and database. Bioledger gathers all entities in the supply chain together to give an immutable record of all transfers in the lifecycle of a biofuel.

Powertrust, CANADA:

Help global corporations maximize the impact of their renewable procurement through renewable energy investments.

SeaDeep, USA:

SeaDeep is an underwater vision, ocean sensing company. Aims at high-resolution, high-quality ocean data to improve research, development and financial practices.

ComputerWell, NORWAY:

DrillComputer is a software application for surveillance and optimization of ongoing and historic drilling operations for the purpose of optimization and decision support.

ElectricFish, USA:

Distributed energy storage for EV charging, and grid-scale energy backup. Building a network of storage devices that can also charge cars during normal hours but store energy for outages.

About Techstars

Techstars is the most active pre-seed investor in the world having invested through its accelerators in more than 4,000 companies. Founded in 2006, Techstars believes that entrepreneurs create a better future for everyone and great ideas can come from anywhere. Now we are on a mission to invest in an unprecedented number of startups per year enabling more capital to flow to more entrepreneurs around the world. We do this by operating accelerator programs and venture capital funds, as well as by connecting startups, investors, corporations, and cities to help build thriving startup communities.