Studio X recently announced Cohort 3 of its Energy and Climate Tech Accelerator Program: AI Technology Systems, Austere Environmental, Economical Energy, Flexergy, Onvol, Project Geminae, and SeisWave. These startups are engaging in the 16-week program and gain access to cohort-exclusive programming and content, customized support and hands-on mentorship, actionable guidance, access to world-class industry experts, monetary support in the form of investment, etc. Through this accelerator program, Studio X seeks to propel these startups’ growth and the resulting impact of their innovations.
This is the third cohort for the Studio X accelerator program that started in 2020 as a part of the company’s mission to accelerate the pace of innovation in climate tech for the energy industry. And Studio X is creating a community of changemakers who want to foster new ideas, leverage and use powerful data, and collaborate. It brings together great scientific minds, investors, and entrepreneurs, all committed to accelerating the commercial success of innovative energy and climate solutions.
Following a competitive application process, the seven startups selected for Cohort 3 stood out for their pioneering approaches, innovative energy solutions, and commitment to making a positive impact that can help coalitions worldwide achieve their NetZero goals. And this diverse class of startups, listed below, spans various industries, including energy, climate tech, green energy solutions, emissions management, digital transformation, step-change operational efficiency, or mobility.
1.) AI Technology & Systems – AI Technology & Systems is a NASA iTech company that provides compressed AI models and software tailored for edge AioT (artificial intelligence of things) tiny electronics. The technology unlocks opportunities in areas such as equipment monitoring, predictive maintenance, smart farming, and intelligent transportation, with innovative solutions running without the Internet while providing privacy and security.
2.) Austere Environmental – Austere is an environmental remediation solution that extracts chemical contaminants in soil, drill cuttings, and tailings. Austere Environmental’s technology allows the cleaning of soil, cuttings, and tailings in a greener way for a lower price than current remediation methods.
3.) Economical Energy – Economical Energy is a long-duration energy storage solution company. They have developed an innovative technology, VIPER, the vertically integrated potential energy reservoir that reinvents gravity-based energy storage. Economical Energy’s technology enables energy companies to cost-effectively store cheap renewable wind and solar energy when it’s available so that it can be sold later for a higher price.
4.) Flexergy – Flexergy is developing technology for a highly efficient hydrogen gas compression, storage and distribution system. Their product represents an innovation in hydrogen compression, reduces energy losses and reduces the final cost of hydrogen. By optimizing the hydrogen supply chain, they contribute to the widespread adoption of clean and sustainable energy solutions.
5.) Onvol – Onvol is a technology company pioneering industrial IoT power solutions for wind energy, transport, and mining applications. Onvol’s first product is VolPower™, an energy harvester that powers sensors installed within wind turbine blades, providing them 24/7 power for the life of the equipment with a simple plug-in-and-forget solution.
6.) Project Geminae – Project Geminae is an AI-powered portfolio optimization platform enabling industry predictive modeling. Their technology and unique business model synchronize data across organizations and deliver probabilistic models, adaptive financial forecasting, and collaborative workflows.
7.) SeisWave – SeisWave, a geophysical innovation, specializes in delivering cost-effective cloud-based services focusing on developing competitive-edge technology and transparent workflows. Creating new ways to enable both the exploration expectation and the financial dynamics of this strategic workload, SeisWave’s products are reshaping the terrain of the geophysical industry.
Studio X is hosting a private showcase on November 10, 2023.
KEY QUOTES:
“Our accelerator program helps to close that gap through bringing together an engaged community that grows these companies at a faster rate, ultimately driving innovation, and helping to evolve global energy solutions.”
— Jeff Allyn, CEO of Studio X
“I have been privileged to see groundbreaking work in energy innovation over the past two Studio X Accelerator Program cycles. We can’t wait to help our new cohort members evolve and deliver viable solutions to help our industry realize step-change results in their energy transition journeys.”
— Max Gray, director of the Studio X accelerator program
