Yulia Karra
March 3, Updated March 4

Seven Israeli climate startups were recently awarded the Climate Solutions Prize (CSP), an initiative that incentivizes innovations that address the climate crisis. The winning startups, listed below, represent a wide variety of innovations in development within Israel’s clean tech ecosystem.

The prize was given as part of a startup track program led by Startup Nation Central and Climate Solutions Prize Organization.

“The prize aims to be a catalyst for climate tech innovation in both breakthrough research and the startup ecosystem,” said CSP Executive Chair Jeff Hart, who called the CSP “the largest incentive prize” in Israel’s history.

“It is vital that we mobilize and inspire the best efforts and best minds so that we can proudly leave a better world for future generations to come,” he added.

Startup Nation Central’s CEO Avi Hasson emphasized that Israel is “extremely well-positioned to take a central role in battling climate change and bringing solutions to the biggest shared challenge of our times.”

The startup track program presents a host of rewards to winners based on the importance of their innovations.

This year the rewards included a $1 million equity investment from Capital Nature; a roadshow trip to Singapore sponsored by Temasek Foundation; an investment from Environmental Sustainability Innovation Lab (ESIL); and engagements with corporate business units from Continental, E.ON, Italgas and Takeda Pharmaceuticals.

In addition, Amazon Web Services and Deloitte offered market access and professional support to the startups with exceptional innovations.

Thomas Birr, Chief Strategy and Innovation Officer at E.ON, said the business world continues to put their faith into Israel’s high tech ecosystem despite recent pitfalls. 

“The approach of collaborating with startups is more successful than trying to find them ourselves,” he said.

The prizes this year were awarded as followed: 

Filo Systems received Capital Nature’s $1M investment for their data compression engine that provides optimized storage and networking savings, enabling significantly lower energy consumption and cooling costs for data centers. 

Electriq received Temasek Foundation’s Disruptive Decarbonization Prize for its innovative powder hydrogen carrier that can be transported in ambient and non-pressurised conditions. The innovation simplifies storage, transport, and use of hydrogen in off-grid applications and long-term storage.

Electriq was also chosen by Amazon Web Services to exhibit at their COP28 Clean Energy Showcase.

TIGI received E.ON’s Energy Solutions for Industry & Buildings nod for their renewable heat generation and heat storage solutions for commercial and industrial applications.

Nemo Nanomaterials received Italgas’ Decarbonizing Energy Distribution Infrastructure award  for providing industrially scalable nanotechnology solutions that enhance performance and improve the properties of industrial materials and products.

Envomed received Takeda’s Addressing Plastic Waste in the Plasma Industry award for their unique machine that shreds and sterilizes medical waste simultaneously, using a scientifically developed and proven chemical sterilization technology.

Biotic recieved Continental’s Sustainable Materials for Automotive Applications prize for enabling optimal transition from fossil fuel plastics with a scalable, fully biological, environmentally friendly process, contributing towards reducing greenhouse gas emissions.

BaTTeRi, a EV Charging as a Service (CaaS) company, received ESIL’s Early-Stage Funding prize for a proprietary charging robot, Thomas. Thomas enables sites and parking lots to offer rapid DC EV charging in every parking spot.

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