The Techstars Alabama EnergyTech Accelerator recently selected 12 startup companies, including one from Alabama, to participate in its 13-week mentoring program aimed at helping the early-stage businesses to succeed.
Alabama Power launched the Techstars Alabama EnergyTech Accelerator in 2020 to promote innovations in energy technology.
Since then, 42 startups from across the United States and around the world have been selected to part in the program that takes place in Birmingham. These new, innovative companies receive seed funding, business coaching and mentorship from Alabama business leaders and others in the Techstars network.
“We want to keep building the future of energy here,” said Matthew Jaeh, managing director of the Accelerator.
“The companies that have received investments and mentoring from Techstars Alabama EnergyTech Accelerator are in the top 1 percent of the thousands of applications we receive from all over the world. They are the best of the best, and a few of them have made Alabama home.”
In addition to Alabama Power, the Accelerator program enjoys valuable support from the Economic Development Partnership of Alabama (EDPA), the Alabama Department of Commerce, PowerSouth, the University of Alabama, and Southern Research.
The 12 startups selected for this year’s class are:
- Ai-Ops, based in Mobile: A software developer offering innovative solutions for next-generation AI Industrial Control Systems.
- BlueTanks, based in Charlotte, N.C.: Pioneers in providing software solutions that help electric vehicle (EV) drivers access optimized charging points.
- Clever Offsets, based in New York City: A data company that guides clients in navigating the carbon offset market with analysis and insights.
- EarthABC, based in Cleveland: A provider of an open-access climate portal aiding businesses in achieving sustainability.
- EV Safe Charge, based in Los Angeles: Developers of Ziggy, a cutting-edge mobile EV charging platform for all types of EVs.
- Grid Discovery, based in Hoboken, N.J.: Revolutionizing how microgrid projects are envisioned, planned and proposed with advanced software.
- Infraenergy, based in Miami, Fla.: Innovators in solar-powered and battery energy storage products.
- Maverick IQ, based in Atlanta: An integration of engineering, software and IoT solutions to reduce operational costs and enhance productivity.
- Meredot, based in Riga, Latvia: Creators of a micromobility wireless charging solution catering to a range of vehicles.
- Pitch Aeronautics, based in Boise, Idaho: Developers of a wind-stabilized drone for up-close robotic tasks.
- ScoutIT, based in Raleigh, N.C.: Facilitating the EV battery circular economy by extracting greater value from end-of-life batters.
- SplitEV, based in New York City: Offering an affordable subscription and booking service for EV drivers and charger owners.
Techstars Alabama EnergyTech has helped founders succeed in building businesses across the energy tech space. In just two years, the two classes have raised a combined $150M.
Supporting partners of the program deliver their high-level expertise in their industries and deep connections to the region provide startup companies accepted into the accelerator an unfair competitive advantage.
Grayson Everett is the state and political editor for Yellowhammer News. You can follow him on Twitter @Grayson270