Selected via an intensive pitch process through EnergyLab’s Scaleup Program, the 10 energy start-ups offer innovative new ideas in grid digitisation; advanced analytics; social licence and community engagement; commercial and industrial decarbonisation; distributed energy resource management; and on-demand satellite imaging.
“As the electricity distribution service provider powering 2.7 million people living and working in some of Australia’s fastest growing regions, spanning from central NSW to the Blue Mountains, Greater Western Sydney, the Southern Highlands, and all the way down to the South Coast of NSW, we’re supercharging a renewable and brighter energy future in partnership with Australia’s largest climate tech accelerator and innovation network, EnergyLab,” said Endeavour Energy’s Chief Customer and Strategy Officer Leanne Pickering.
“This is our fourth year partnering with EnergyLab for the Scaleup Program to identify innovative late-stage start-ups to help us deliver new systems and technology for smarter, cleaner energy, today.”
“We’ve already connected with more than 30 start-ups from around the world to explore exciting new initiatives such as
- applying advanced analytics, AI, robotics, and virtual reality to improve safety, modernise business practices and deliver more efficient and effective customer services
- employing drones (instead of helicopters) to string electricity conductors across large spans between power poles and towers over ravines and gullies
- using interactive mobile apps to help customers better understand and more efficiently use electricity in their homes.
EnergyLab CEO Megan Fisher said EnergyLab’s Scaleup Program is bridging the gap between global startups and Australian energy companies.
“The Scaleup Program helps to connect startups working on breakthrough energy technologies from anywhere in the world with Aussie energy companies to explore pilots and partnerships opportunities,” she said.
“This not only helps startups to unlock their next wave of commercial opportunities, but also helps industry partners explore emerging tech to decarbonise the grid.”
“EnergyLab’s commitment to fostering collaboration within the energy sector continues to play a crucial role in accelerating the transition to renewable energy solutions.”
The 2024 Scaleup Program cohort consists of five startups from Australia, four from Europe, and one from the United States:
- Accure (Germany): Cloud computing and advanced analytics to maximize battery safety, performance, and lifetime
- Diagno (Australia): Diagno interfaces with smart energy devices (solar inverters, battery systems, smart meters, etc) to analyse the health of these assets and present concise and actionable diagnostic and investment information
- Kraftblock (Germany): Innovative energy storage solutions enabling the seamless integration of renewable energy sources into high-temperature industrial processes
- Reswitch (Australia): The Reswitch platform democratises the distribution of tangible community benefits from renewable energy projects, ensuring that nearby residents receive power bill credits regardless of their electricity retailer
- Safegrid (Finland): Simplified and scalable fault monitoring solution for electricity grids
- Sentrisense (Sweden): Real-time incident detection, predictive maintenance, and power grid efficiency optimisation
- SkyFi (USA): Streamlines the acquisition and use of Earth Observation data and provides users with advanced post-processing and analytics management tools
- Snapi (Australia): AI-powered digital meter reading device that snaps onto analogue infrastructure to instantly remote read consumption data with 99.9% accuracy
- Techko (Australia): provides advanced energy management solutions that optimise distributed energy resources (DERs) like solar, battery storage (BESS), and electric vehicle charging stations (EVCS).
- VizAR (Australia): Mixed reality infrastructure visualisation platform designed to transform community consultation and stakeholder engagement practices for energy and infrastructure projects
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