The Net Zero Technology Centre’s fourth cohort of 12 start-ups have graduated from the TechX Clean Energy Accelerator after an intensive 15-week programme.
From a low-cost floating wind turbine design that boosts performance, to floating buoys that provide cost-effective 5G and submersibles that host worker robots for remote subsea inspection, the latest cohort encapsulates the role start-up founders can play in shaping the future of clean energy.
The programme concluded on Friday with a demonstration day, giving the companies a chance to pitch their innovations to industry professionals and investors.
Since starting the programme in February, the companies have already raised over £5.2m in equity.
As the recent cohort now joins an elite alumni of start-ups, TechX will continue to work with them for a further two years to ensure continued growth. Since 2018, TechX has supported 45 companies, providing £4.5m in funding, while previous cohort start-ups have collectively raised £33m in equity.
TechX director Mark Anderson commented: “A key ingredient in a successful accelerator is the quality of the tuition and experience, which TechX along with its global partners offer.
“In the last 15 weeks, our latest cohort have grasped the wide array of opportunities that come with TechX..”
