Technology company Google has selected some eleven North America-based start-ups that will participate in its new Google for Startups Accelerator: Climate Change programme,
The three-month programme will launch this June and is designed to support start-ups that are developing solutions that can help address climate change. Selected start-ups will have access to Google’s programmes, products, people and technology to further develop or commercialise their solutions.
For instance, selected start-ups will outline the top technical challenges they are facing and are then paired with relevant experts from Google to help solve those challenges.
Google will hosts digital workshops, programming, and mentorship sessions for the start-ups throughout the 10-week duration of the programme.
The start-up accelerator is open for Seed to Series A revenue-generating technology start-ups with a minimum of 5 to 10+ employees and leveraging artificial intelligence and machine learning.
Tennessee-based renewable energy company Enexor is one of the 11 startups selected to participate in the inaugural Google for Startups Accelerator: Climate Change initiative.
Enexor says it will leverage the opportunity to accelerate the commercialisation of its carbon conversion and renewable energy solution to help increase efficiency and reduce the carbon footprints of companies worldwide.
Enexor’s plug-and-play bioenergy technology converts almost any organic including plastic or biomass waste into renewable and thermal energy while reducing carbon emissions and ultimately mitigating climate change.
Start-ups and climate change trends
The announcement comes at a time the technology sector is increasingly recognising the role start-ups can play in accelerating the energy transition and combatting climate change.
The energy sector for instance is recording a massive increase in acquisitions of startups by major players as they seek to expand their offerings. Moreover, there is also an increase in funding being set aside to support start-ups with the commercialisation of their solutions.
This week, smart grid solutions firm Landis+Gyr announced that it is expanding its footprint in the electric vehicles charging segment by acquiring a 100% stake in Danish smart EV charging solutions company True Energy. The move is expected to help Landis+Gyr to expand its offerings to help utilities to meet their climate mitigation targets.
In mid-April, Portuguese multinational energy company EDP announced its plan to invest in start-ups that have the potential to accelerate the energy transition. The utility announced that it has set aside €10 million through its EDP Ventures to support Portuguese start-ups within the clean energy, smart grids, energy efficiency, electric mobility, energy storage, cyber-security, artificial intelligence, IoT, predictive maintenance, AR & VR, big data and advanced analytics sectors.