Greenstart's Newest Cleantech Entrepreneurs Unveil New Products to Investors
The five startups span sectors ranging from smart grid to collaborative transportation to energy data apps. They announced new products, new strategic partnerships, and gave live demos of their technologies during 10-minute pitches in front of an audience of 200 silicon valley investors.
Scoot Networks, the ‘Zipcar for electric scooters’ offered the first-ever “wired rides” on their fleet of smart scooters. The scooters are unlocked and activated by the user’s iPhone, which serves as a combined dashboard odometer, navigation tool and trip meter.
RidePal, which coordinates “Google-style” commuter shuttles as an employee perk, unveiled a brand new rider interface and announced Solar City as a customer. The company also provided rides to investors who used the service to commute to the event.
kWhOURS, a commercial building data collection platform, announced the first iPad-version of their product. A windows-based tablet version is already in the field with 35 energy service companies, including Fortune 100 companies.
Growing Energy Labs, Inc (GELI) announced the initial release of its Energy Operating System, an open-source software platform that networks, operates, and optimizes batteries on the grid.
Smart Grid Billing announced the first beta-installation for its automated demand aggregation product. The company pays commercial customers for flexibility in their energy consumption by monetizing load shifting with a free, on-site software-hardware solution.
Following the pitches, investors had the opportunity to connect personally with the entrepreneurs and interact with the products.
“Digital cleantech is the future of cleantech, and today was a testament to the inertia and opportunity,” said Greenstart Managing Partner Mitch Lowe. “We’re been blown away by the progress and traction these 5 companies have achieved over the last 12 weeks. They’re on their way towards building big, industry changing companies.”
Greenstart accelerates Digital Cleantech startups. The seed accelerator runs two 3-month programs per year, selecting a handful of Digital Cleantech startups from an applicant pool of hundreds. The startups receive a $115,000 seed investment, extensive coaching from more than 50 world class mentors, brand and UX design, collaborative work space in downtown San Francisco, and introductions to hundreds of investors during the program and culminating with a Demo Day.
Apply in September 2012 for the Spring 2013 program.