4 San Diego-Based mostly Cleantech Startups to Pitch at Nationwide Renewable Power Labs Business Progress Discussion board Competitors
Southern California Power Innovation Community corporations GridWrap, SiLi-ion, TYFAST, and Looq amongst 40 corporations 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 Progress Discussion board (IGF) being held Might 1-3, 2024, in Denver, Colorado. GridWrap, SiLi-ion, TYFAST, and Looq AI, 4 native vitality 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 world transformation to a clear vitality future.
GridWrap, SiLi-ion, and TYFAST have been chosen to current within the Early Stage class and Looq was chosen to current within the Business Stage class. They have been chosen by a range committee of greater than 150 local weather tech and cleantech buyers and {industry} specialists who reviewed 211 candidates coming from 32 states and 11 nations, together with Canada, the UK, and India.
IGF attracts a sturdy VC viewers and convention organizers predict greater than 165 buyers may maintain greater than 2,000 conferences in the course of the occasion. Because the first IGF, the trouble has resulted in billions of {dollars} of investments into startup and early-stage corporations.
“It’s thrilling to see San Diego’s clear vitality entrepreneurs making headlines and bringing their breakthrough improvements to nationwide and world levels with influential investor audiences,” mentioned Cleantech San Diego President and CEO Jason Anderson. “The SCEIN startups heading to NREL’s Business Progress Discussion board this yr in addition to the almost 35 others we’re actively to supporting proper right here in San Diego are on a path to meaningfully rework our vitality 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 know-how that can structurally strengthen grid strains by utilizing superior hybrid composite supplies. GridWrap’s Composite WiRe Wrap™ will increase ampacity, the ability capability of current grid strains, and extends lifespan whereas additionally addressing thermal sagging, with no downtime and minimal capital funding. It is a key requirement for reaching secure, resilient, and dependable 100% renewable vitality 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 enhance in vitality density and totally replaces the U.S.-identified “crucial 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 advanced bodily world and creating detailed 3D fashions for the vitality sector. The corporate’s {hardware} and software program imaginative and prescient know-how cuts subject survey instances by over 100 instances, amplifies knowledge worth utilizing its proprietary AI, and powers collaboration throughout world engineering groups. Looq is a income producing startup in its go-to-market section, devoted to bringing AI to construct a greater constructed world.
A full record of the presenting corporations 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 better San Diego area as a world chief within the cleantech economic 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 embrace greater than 130 companies, universities, governments, and nonprofits dedicated to advancing sustainable options for the advantage of the economic system, the setting, and all members of the neighborhood. Be taught extra at cleantechsandiego.org.
Concerning the Southern California Power Innovation Community
The Southern California Power Innovation Community (SCEIN) is a free incubator program for clear vitality startups based mostly in San Diego, Riverside, San Bernardino, and Imperial counties which are growing applied sciences to assist California meet its local weather targets. This system supplies entry to the assets and services of regional companion organizations and connections with {industry} with a purpose to speed up the commercialization of rising vitality 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 vitality innovation {industry}. SCEIN purposes are accepted on a rolling foundation. Anybody concerned with making use of as an entrepreneur, turning into a mentor, becoming a member of the Technical Advisory Committee, or internet hosting a pilot demonstration undertaking, can study extra at cleantechsandiego.org/scein.
Media Contact:
Shannon Bresnahan, Cleantech San Diego, 858-568-7777, shannonb@cleantechsandiego.org
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