Four winners have been announced for the 2023 ABB Electrification Startup Challenge, which drew over 130 applicants from more than 30 countries with a range of pioneering electrification solutions and services that address some of the world’s energy challenges.
As reported by Architecture and Design, the hotly contested challenge saw 25 shortlisted startups undertake two weeks of intensive work alongside mentors from ABB, Microsoft and Synerleap – ABB’s startups accelerator – to fine-tune their proposals, before pitching their innovations at a virtual selection event. From there, the 12 finalists – three from each of the four challenge categories of Smart Buildings, Smart Power, Distribution Solutions and Service - went forward to the finale event in Berlin to pitch their solutions and enjoy the ABB FIA Formula E World Championship race on the site of the historic former Tempelhof airport.
Each of the four winners receives a collaboration project with ABB worth $30,000 to develop a proof of concept and launch a common solution for the worldwide ABB customer base later in the year. They will also receive unique mentoring support from Microsoft and Synerleap’s startup advisors.
Now in its fourth year, the Startup Challenge has gained a reputation for attracting the brightest minds working to address the world’s energy challenges and support the energy transition. Since its inception, the competition has delivered seven Minimum Viable Products (MVPs) – with an additional three ongoing – and continues to nurture long-term collaborations, helping startups bring their solutions to ABB’s global customer base.
2023 ABB Electrification Startup Challenge winners
Epishine
DC Opportunities
Hybrid Greentech ApS
MicroSec
You can find out more about the ABB Electrification Startup Challenge here. Entries will open for the 2024 ABB Electrification Startup Challenge in January 2024, with further Startup Challenges from other ABB business areas also to be announced in the coming months.