Time is flying! With yesterday’s Interim Pitch, we reached the halftime of our mission “Energy – Be Empowered” and during the livestream, our teams proudly presented what they achieved during the last couple of weeks. This second milestone of our program allowed our talents to share the current state of their solutions and receive feedback for the further development of their ideas – six weeks into the program, six more weeks to go.
Prior to the pitches, we could welcome David Bryson, Chief Operating Officer at Uniper, on stage for an interview with Charlie Müller, our founder and Managing Director – they talked about the human side of business transformation and reflected on success factors and drivers to find and realize innovative ideas. David identified diversity, collaboration, and the right mindset as key to developing new solutions for the future, which also lie at the heart of our program series ‘The Mission’. Highlighting that it is the people who deliver a transformation’s outcome, David found the perfect transition to the main part of our event: our teams’ pitches – ready, set, go together with Marcel Schemmel, Project Manager at Futury, as our moderator.
First up was Endeema who wants to advance the energy demand management of small- and medium-sized enterprises, tackling the high energy costs, technical complexities and the regulatory, social and market pressure to be sustainable. Specifically, Florian, Haris, Lucy and Joel develop a webplatform and data dashboard where businesses can align their production plans with ML-based net energy supply and price forecasts to save money, time, and CO2. The team’s vision is to support the integrated energy consumption for SMEs, increase the grid flexibility and stability for energy players, and create knowledge throughout the market.
Raenergy, on the other hand, tackles the lack of transparency, participation opportunities and impact visualization within the energy sector – in fact, the public is often left out from actively engaging in renewable energy production. Through a crowdlending approach, Hazal, Jan, Mostafa and Omkar want to connect small-sized renewable energy projects with people who are willing to make a low-risk green, impactful investment. Their idea is a rapid, simplified and facilitated matchmaking tool, which is 100% automated and digitized with interactive and engaging visualizations of profits, CO2 offsetting performances,and the project progress. By allowing users to partake in the energy transformation, this solution will enhance the efficiency of project realizations, increase transparency and, lastly, enable carbon offsetting opportunities.
Next up was Batterize, who wants to improve the sustainable management of batteries by increasing their lifetime, empowering their second-life usage, reducing operating and maintenance costs, and eliminating the information asymmetry in the used vehicle market. To realize this vision, Isabella, Raphael, Jules, Tair and Ludivindevelop an AI software that enhances the operation of Li-ion batteries based on predictive aging and performance models. Specifically, their tool is a virtual representation of a battery and its lifecycle, being updated from real-time data and using simulation, machine learning and reasoning to support the decision-making. Thus, Batterize provides an in-depth knowledge of the sophisticated battery system to make its use more efficient, transparent, and reliable.
Servicio aims to help service workers to satisfy the customers in a faster, smoother and more cost-efficient way, tackling characteristic problems within the sector: no information about the situation on-site, no estimation of the time effort, and high costs due to additional drives. Therefore, Francesco, Ferdinand and Ryan build an online platform to connect the service force with the customer on-site to provide all necessary information for a smooth experience. Their SaaS consists of a video analysis to record and analyze the situation on-site, a questionnaire to gather relevant information and a checklist of tasks to ensure a steady progress.
Aquack, lastly, wants to help industrial and water treatment companies to clean their chemical waste, which is a strong pain point in terms of sustainability and costs. Removing heavy metals from contaminated water is an energy-intensive and unsustainable process, but most polluting industries are legally required – with increasing regulations – to remove them before disposing their wastewater. Thus, Nirjhar, Marlo, Rohan and Adrien develop a solution that allows companies to collect chemical waste and channel it into duckweed-covered constructed wetlands to remove heavy metals while producing biomass.
What an event,and we are still amazed by the elaborated concepts that our teams developed during this short period of time. Obviously, they put time and energy into athorough market research to define their problem statements while finetuning their solutions together with our corporate partners and us. Rounding off the pitches were Christos Klamouris and Hilmar John from AXEL – The Energy Accelerator who feedbacked our teams’ ideas and took a glance into the near future. In addition to our corporate feedback givers’ advice, this input will help our talents to develop their solutions further.
Diving into the second half of our program, our teams will now work on their user research, user testing and the evaluation of market entry points as well as the development of a proper business model and a prototype to turn their ideas into reality. We are very much looking forward to the upcoming weeks and the Final Pitch on 31st August 2021.
As always, stay tuned and stay healthy,