PARIS, September 9th - Techstars Sustainability Paris announces the lineup for its September 2024 class. The program starting today Monday, September 9th and is slated to conclude on December 5th with the 3rd edition of its Sustainability Summit. Techstars Sustainability Paris is now totalling 72 portfolio companies.
Embracing a hybrid format focusing on Impact ventures, our program ensures accessibility for all founders, regardless of their geographical constraints. While the first and last week of the program - including the Sustainability Summit - will convene in person, we remain committed to fostering continuous development throughout and beyond the intensive 13-week journey.
At the same time, however, there is some important news on the in-person presence. Namely, the opening in Paris of the Techstars Sustainability Hub - a space dedicated to bringing together a vibrant community of founders, alumni, mentors and investors from the European (and beyond) Techstars network dedicated to sustainability issues of all kinds. While the new portfolio companies will experience three intense months of acceleration, in this hub the Techstars team and its business ecosystem partners will organize Climate tech related events, panels, innovation breakfasts, investor speed-dating and much more.
This year's applicant pool was exceptional, with a fiercely competitive array from 110 countries. From this diverse pool and after a competitive selection process, we selected 12 international companies, all driven by a shared vision to fight global warming. Among the main industries in which these 12 companies operate are waste management, industry decarbonization, energy transition, biodiversity & nature-based solutions. Supporting these 12 impact-driven startups thrive shows to what extent we believe in entrepreneurs' mission of tackling today's pressing sustainability challenges
At the helm of the Techstars Sustainability Paris Accelerator stands a strong team, led by Managing Director Raphaele Leyendecker, alongside Rebecca Ravenni, Investment Associate, Lucia Gambuzzi, Program Manager, and Costantino Lisi, Associate.
We've also enlisted esteemed Investor & Mentors in Residence:
Batuhan Ulutuncel - Investor in Residence
Sera Evcimen - MIR (Hardware)
Caroline Woussen-Franczia - MIR (Sales)
Sanford Spivey - MIR (Customer Discovery)
Andrea Sasso - MIR (Finance)
Daniel Andor - MIR (Product/UX)
Joy Zoltobroda - Coach in Residence
Anna Nikolovna - Design Associate
And in a week's time, over 90 additional Mentors will join us for "Mentor Madness," providing support to our founders. Of our 12 investments for this class of September 2024, 25% are French companies, 33% comes from Europe and the remaining 41% comes from the rest of the world. 33% of them are co-founded by female founders. Technology wise, 41% of these 12 startups are pure software players, 16% are hardware companies, 16% show a mix of hardware and software whilst 25% of them are biotech businesses. Without further ado, let's see the Class of September 2024:
ADHERE GEAR (US) Sensor-based technology to monitor frozen and perishable food products
Aethos Labs (Canada) A platform to build a secure, efficient battery supply chain
Carbontribe (Estonia) Computer Vision based carbon credit generation platform
ClimeRock (France) Enhanced rock weathering solution
ConsciESG (Albania) The platform for active asset managers who invest in financially thriving sustainable companies
Dedalo AI (Italy) Carbon reduction software for IT emissions
Electromaim (US) Micro hydro-generators, replacing pressure reducing valves (PRV)
Lambda AI (Singapore) AI & satellite imagery-powered climate risk assessment platform
Nditive 3D (Canada) AI-powered digital twin-driven gas monitoring system
Parastruct (Austria) Technology transforming manufacturing waste into fully circular construction components
Trashboard (France) Recycling cardboard into a high tech composite panel
Wind Fisher (France) A patented Magnus effect airborne wind energy system
With such a diverse and innovative cohort, the stage is set for a transformative journey towards a more sustainable future!
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