BOSTON, June 17, 2019 /PRNewswire/ -- Seven
early-stage companies were selected as the winners of the H2 Refuel
Accelerator, which was designed to identify innovative solutions to
increase the adoption of hydrogen infrastructure and supply chain
technologies. The H2 Refuel Accelerator is a unique collaboration
between the Urban Future Lab, Greentown Labs and the Fraunhofer
TechBridge Program, sponsored by Shell, Toyota and NYSERDA.
The accelerator program received 63 applications from all around
the globe. Based on an intensive and multi-stage review process
Fraunhofer TechBridge, Urban Future Lab and Greentown Labs are
pleased to announce the following winners and awards:
Celadyne -
Nanocomposite membranes for high-performance electrolyzers and fuel
cells with simple heat and water management.
Ecolectro - Commercializing Alkaline Exchange Materials
that make Electrolyzers and Fuel Cells less expensive and longer
lasting.
Electro-Active Technologies - Renewable hydrogen from
waste via a coupled bio-electrochemical process at high electrical
efficiency.
HYGEN - Connected to regular gas grid HYGEN's
supercharger fuels your gas-powered vehicle at home/office in just
a few minutes.
pH Matter - Catalyst materials and unique cell design
that enables low-cost hydrogen generation for energy storage.
Protium Innovation - Lightweight liquid hydrogen tanks
and fueling solutions for reliable hydrogen-electric vehicles.
Skyre - The world's leader in converting waste H2 and
CO2 into economic opportunity.
The awards to the winning startups include Greentown Labs and
Urban Future Lab's acceleration programs and technical validation
services from the Fraunhofer R&D network.
Together, Urban Future Lab, Greentown Labs and Fraunhofer
TechBridge lead the Northeast community in their capacity to build,
test and launch successful game-changing energy technologies into
the marketplace. The combination of incubation space, services and
technical capacity provided by Urban Future Lab, Greentown Labs and
Fraunhofer TechBridge offer one of the most successful technology
acceleration models in the country.
The New York State Energy
Research and Development Authority (NYSERDA) is supporting the H2
Refuel Accelerator through its ACRE incubator at the Urban Future
Lab. This funding will be used to accelerate the commercialization
of promising clean energy technology in New York State through collaboration with
industry leading corporations and partners. Additionally,
this program provides an opportunity to attract fuel cell companies
to and showcase fuel cell companies from New York State helping to grow New York State's cleantech economy.
About the Accelerator Partners
Urban Future Lab
Urban Future Lab, part of the
NYU Tandon School of Engineering, provides unmatched access
to strategic advisement, introductions to industry stakeholders,
marketing and branding support, investor networks, and access to a
community of like-minded founders. UFL is leading the way to a more
sustainable world by connecting people, capital, and purpose to
advance market-ready solutions to address climate change. Our
flagship program is ACRE, New York
City's premier business incubator for cleantech and smart
city startups and is funded by the New
York State Energy Research and Development Authority. It has
been supporting market ready solutions to climate change since
2009, boasting a 90% survival rate of incubated startups which have
now raised more than $380M from the
private markets and employ more than 340 people. The UFL is part of
the NYU Tandon School of Engineering and is located in the
Downtown Brooklyn. For more
information, please visit ufl.nyc or find us on Twitter.
Greentown Labs
Greentown Labs is a community of bold,
passionate entrepreneurs developing solutions to our biggest
climate and environmental challenges. Located in Somerville, Mass., and founded in 2011, the
Greentown Labs Global Center for Cleantech Innovation is the
largest cleantech incubator in the United
States, operating a 100,000 sq. ft. campus comprised of
prototyping and wet lab space, shared office space, a machine shop,
electronics lab, and a curated suite of programs and resources.
Greentown Labs is home to more than 90 startups that collectively
employ more than 1,500 people and have raised more than
$550 million in funding. The
incubators' mission is to provide startups with the community,
resources, and space they need to thrive. For more information,
please visit www.greentownlabs.com or find them on Twitter,
Facebook, or LinkedIn.
Fraunhofer USA and the
TechBridge Program
The TechBridge Program is
organized by Fraunhofer USA
in the United States. The core
offering of TechBridge is applied, industry-focused R&D
projects performed for entrepreneurs by Fraunhofer with the goal of
de-risking novel technologies for the private sector. Projects may
take the form of developing and testing prototypes, deploying field
demonstrations, performing third-party validation, generating test
data, or manufacturability studies. These projects bring promising
technologies closer to market and make them more attractive for
private sector investment, industry adoption, and scale-up funding,
ultimately leading to the accelerated success of entrepreneurs and
businesses. For more information on Fraunhofer TechBridge, please
visit cse.fraunhofer.org/techbridge or follow us on Twitter.
About the Sponsors
Shell
Shell Oil Company is an affiliate of the Royal
Dutch Shell plc, a global group of energy and petrochemical
companies with operations in more than 70 countries. In the U.S.,
Shell operates in 50 states and employs more than 17,000 people
working to help tackle the challenges of the new energy future.
Toyota
Toyota (NYSE:TM) has been a part of the
cultural fabric in the U.S. and North
America for 60 years, and is committed to advancing
sustainable, next-generation mobility through our Toyota and Lexus
brands. During that time, Toyota has created a tremendous value
chain as our teams have contributed to world-class design,
engineering, and assembly of more than 36 million cars and trucks
in North America, where we operate
14 manufacturing plants (10 in the U.S.) and directly employ more
than 47,000 people (more than 37,000 in the U.S.). Our 1,800
North American dealerships (nearly 1,500 in the U.S.) sold more
than 2.7 million cars and trucks (2.4 million in the U.S.) in 2018
– and about 87 percent of all Toyota vehicles sold over the past 15
years are still on the road today.
Through the Start Your Impossible campaign, Toyota highlights
the way it partners with community, civic, academic and
governmental organizations to address our society's most pressing
mobility challenges. We believe that when people are free to move,
anything is possible. For more information about Toyota, visit
www.toyotanewsroom.com.
Fraunhofer TechBridge Contact
Nick Rancis
Fraunhofer TechBridge Program Lead
TechBridge(at)fraunhofer.org
View original content to download
multimedia:http://www.prnewswire.com/news-releases/h2-refuel-accelerator-winners-announced-by-fraunhofer-techbridge-urban-future-lab-at-nyu-tandon-and-greentown-labs-300867564.html
SOURCE Fraunhofer USA, Inc.