Celebrating the recent funding achievements of ClimateLaunchpad Participants
One of the biggest challenges that start-ups face is navigating the financial side of their businesses. Securing funding can often feel like an uphill battle, yet it’s not impossible. Just look at our participants!
It’s truly exciting to witness how our ClimateLaunchpad start-ups are thriving and securing significant funding. This not only underscores the value of their innovative ideas but also highlights the growing interest in sustainable solutions across various sectors.
Here, we showcase some of our promising start-ups and the recent funding they have secured.
Bandora
Funding Raised: €1.5 million from Portugal Ventures & Blue Crow Capital
Year of Participation: 2017
Country: Portugal
Description: Bandora offers an analytics platform designed to reduce energy consumption in buildings by up to 40%. The platform doesn’t just monitor energy usage; it actively reprogrammes building devices in real time to achieve effective energy reduction, enabling buildings to adapt dynamically to their energy challenges.
S.Lab
Funding Raised: €50,000 from Seeds of Bravery
Year of Participation: 2022
Country: Ukraine
Description: S.Lab has developed a truly green packaging solution made from just two plant-based components: hemp and mushroom roots. After use, this packaging can be disposed of with regular waste or composted, fully decomposing within 30 days, thus offering an eco-friendly alternative to traditional packaging.
BlueNAV
Funding Raised: €6 million from Bpifrance, Innovacom, Blue Oceans Partners
Year of Participation: 2021
Country: France
Description: BlueNav has focused its efforts on motors that can convert any type of boat into a hybrid electric vessel. It is an innovative response to the challenges of the energy transition in the boating industry, guaranteeing performance, comfort and environmental responsibility.
Correntics
Funding Raised: €1.5 million from Eurostars grant
Year of Participation: 2021
Country: Switzerland
Description: Correntics provides data-driven climate risk analytics, offering a deep understanding of the emerging challenges faced by global enterprises. Their solutions help identify weak links in value chains, ensuring resilience against climate change and sustainability risks.
Powall
Funding Raised: €3.0 million from EIT RawMaterials, InvestNL, and Sandwater
Year of Participation: 2015
Country: The Netherlands
Description: Powall creates advanced powders for batteries, fuel cells, electrolysers, and more. Their nanocoatings enhance sustainability by reducing the use of key raw materials while unlocking the maximum potential of powder materials through a unique high-precision coating process.
Sparxell
Funding Raised: €3.2 million from Joyance Partners, L’Oreal, Katapult Group, Future Communities Capital, Earth Venture Capital, Circular Innovation Fund, PDS Limited, and SNOCAP
Year of Participation: 2022
Country: United Kingdom
Description: Sparxell is a pioneer in sustainable cosmetics, offering innovative, environmentally friendly products that reduce the ecological footprint of the beauty industry. They have developed safer and easier-to-source alternative pigments that appeal to health and environmentally conscious consumers.
Orbio Earth
Funding Raised: €4.6 million from Initialized Capital
Year of Participation: 2021
Country: Germany (started in the UK)
Description: Orbio Earth empowers financial and energy sectors to reduce portfolio risk by tracking global methane emissions. They provide asset-level emission insights and identify abatement opportunities, enabling organisations to stay ahead of regulations.
Saveggy
Funding Raised: €1.8 million from Almi Invest, Unconventional Ventures, LRF Ventures
Year of Participation: 2020
Country: Sweden
Description: Saveggy is a Swedish innovation company that offers a plant-based protection solution designed to keep fruits and vegetables fresh longer. Their flagship product, SaveCucumber®, eliminates the need for plastic packaging, ensuring the quality and freshness of cucumbers from harvest to consumption.
Conclusion
The successes of these start-ups are inspiring and demonstrate that innovative solutions to climate change are increasingly recognised in the funding landscape. We take great pride in our participants and eagerly anticipate their continued growth and impact in the future!
