August 27th, 2019
We are thrilled to announce and welcome the 2019 class of Techstars Energy in Partnership with Equinor. Techstars Energy will kick-off September 9th inside Equinor offices in Oslo with our Demo-day on December 5th.
Techstars Energy brings together four very strong networks – Equinor, Kongsberg, CapGemini and Techstars – and our one and only goal is to support and grow these ten incredible companies. Techstars is the worldwide network that helps entrepreneurs succeed. Our 1,900 portfolio companies have raised over $8 billion in capital, with 86% of our portfolio companies remaining active or having been acquired. Together, Equinor, Kongsberg, Capgemini and Techstars create an unfair advantage for founders and give them the best chance for success. In February 2019, we started a world-wide recruitment trip that brought me around the world looking for world-class talent. I believe we found it. In addition to being selective, Techstars Energy is global and diverse. Entrepreneurs from Canada, the UK, Norway, Germany and Brazil will spend 3 months inside Equinor stunning office in Oslo. They were selected from a strong global applicant pool from 42 countries focused around energy in a broad context.
3 of the 10 companies are Norwegian, a real validation that Norway also see the value of having the world’s most powerful entrepreneurial network in their backyard. I would like to thank our mentors, sponsors, partners and alumni for their generous support in this process. Special thanks to Equinor, Kongsberg and Capgemini for their true commitment to the success of Techstars Energy. Go team Techstars Energy!
Without further ado, here are the Techstars Energy companies:
Fieldmade are increasing readiness through spare parts on demand.
Fuelsave is helping customers to save fuel consumption with at least 10% net OPEX savings while reducing environmental impact with next generation fuel efficiency enhancements.
GamY increases the lifetime value of any battery operated device through managing battery performance with their digital twin management solution.
Navarra Tech provide the first centralised over-the-counter trading platform for energy traders in emerging markets.
RagnaRock Geo’s machine learning exploration software enables quick and accurate understanding of the subsurface, with greater workflow efficiency for geoscientists.
Salient Energy are improving energy storage with
safer, longer-lasting and less expensive batteries.
SeeO2 Energy converts CO2 into high value fuels and chemicals in a net negative carbon process.
Tempus Energy improve financial and carbon savings by managing and optimising flexible electricity demand, through connecting directly into customer premises. They enhance renewable energy supply and bypasses the reliance on carbon-intensive power stations, solving the intermittency challenge of renewable energy.
Terrapin Geothermics are heat to value project developers. They write cheques for waste heat and are going after the 290,000 petajoules of energy lost every year. A single petajoule could heat & power a normal home for over 12,000 years.
VesselAdmin are bringing digital tools to the vessel chartering industry.