4 San Diego-Primarily based Cleantech Startups to Pitch at Nationwide Renewable Power Labs Business Development Discussion board Competitors
Southern California Power Innovation Community firms GridWrap, SiLi-ion, TYFAST, and Looq amongst 40 firms chosen to current
SAN DIEGO, CA, February 28, 2024 – On February 20, the U.S. Division of Power’s Nationwide Renewable Power Laboratory (NREL) introduced the record of 40 presenters for the 2024 NREL Business Development Discussion board (IGF) being held Could 1-3, 2024, in Denver, Colorado. GridWrap, SiLi-ion, TYFAST, and Looq AI, 4 native power startups engaged in Cleantech San Diego’s Southern California Power Innovation Community (SCEIN), are among the many finalists within the nationwide cleantech competitors – chosen for his or her potential to interrupt new floor within the nationwide and international transformation to a clear power future.
GridWrap, SiLi-ion, and TYFAST have been chosen to current within the Early Stage class and Looq was chosen to current within the Industrial Stage class. They have been chosen by a variety committee of greater than 150 local weather tech and cleantech buyers and {industry} specialists who reviewed 211 candidates coming from 32 states and 11 international locations, together with Canada, the UK, and India.
IGF attracts a strong VC viewers and convention organizers predict greater than 165 buyers may maintain greater than 2,000 conferences throughout the occasion. For the reason that first IGF, the hassle has resulted in billions of {dollars} of investments into startup and early-stage firms.
“It’s thrilling to see San Diego’s clear power entrepreneurs making headlines and bringing their breakthrough improvements to nationwide and international levels with influential investor audiences,” mentioned Cleantech San Diego President and CEO Jason Anderson. “The SCEIN startups heading to NREL’s Business Development Discussion board this yr in addition to the practically 35 others we’re actively to supporting proper right here in San Diego are on a path to meaningfully rework our power future as we all know it. It’s inspiring to help their development and market traction.”
GridWrap is a women-owned enterprise is commercializing a patented novel expertise that may structurally strengthen grid strains through the use of superior hybrid composite supplies. GridWrap’s Composite WiRe Wrap™ will increase ampacity, the ability capability of present grid strains, and extends lifespan whereas additionally addressing thermal sagging, with no downtime and minimal capital funding. It is a key requirement for reaching protected, resilient, and dependable 100% renewable power targets.
SiLi-Ion produces silicon nanoparticles utilizing its industry-unique, patented low-temperature plasma course of after which incases them in a patented superior graphitic flake. This leads to a three- to four-times improve in power density and totally replaces the U.S.-identified “vital mineral” graphite. The fabric is “drop-in” prepared to make sure seamless integration into the present battery manufacturing course of.
TYFAST is growing the longest-lasting, quick charging high-energy lithium batteries for high-duty cycle and autonomous purposes that function 24/7. TYFAST goals to ship battery cells with an prolonged 20,000 cycle life, an ultrafast three-minute charging functionality, and enhanced security over standard lithium batteries.
Looq AI automates the creation of 3D Digital Twins- capturing the complicated bodily world and creating detailed 3D fashions for the power sector. The corporate’s {hardware} and software program imaginative and prescient expertise cuts discipline survey occasions by over 100 occasions, amplifies knowledge worth utilizing its proprietary AI, and powers collaboration throughout international engineering groups. Looq is a income producing startup in its go-to-market part, devoted to bringing AI to construct a greater constructed world.
A full record of the presenting firms and their classes may be discovered right here.
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About Cleantech San Diego
Cleantech San Diego is a member-based enterprise affiliation that positions the larger San Diego area as a world chief within the cleantech financial system and sensible cities motion. As a nonprofit group, Cleantech San Diego is uniquely suited to help the {industry} by fostering collaborations throughout the private-public-academic panorama, main advocacy efforts to advertise cleantech priorities, and inspiring extra equitable funding throughout the San Diego area. Stakeholders embody greater than 130 companies, universities, governments, and nonprofits dedicated to advancing sustainable options for the good thing about the financial system, the atmosphere, and all members of the neighborhood. Study extra at cleantechsandiego.org.
In regards to the Southern California Power Innovation Community
The Southern California Power Innovation Community (SCEIN) is a free incubator program for clear power startups primarily based in San Diego, Riverside, San Bernardino, and Imperial counties which might be growing applied sciences to assist California meet its local weather targets. This system offers entry to the assets and services of regional accomplice organizations and connections with {industry} to be able to speed up the commercialization of rising power applied sciences. Managed by Cleantech San Diego, this system is the results of a number of grants from the California Power Fee to assist advance California’s power innovation {industry}. SCEIN purposes are accepted on a rolling foundation. Anybody excited about making use of as an entrepreneur, turning into a mentor, becoming a member of the Technical Advisory Committee, or internet hosting a pilot demonstration mission, can study extra at cleantechsandiego.org/scein.
Media Contact:
Shannon Bresnahan, Cleantech San Diego, 858-568-7777, shannonb@cleantechsandiego.org
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