Whats Next? – Nordic Cleantech Open Top 25

We are very proud to present the top 25 Nordic Cleantech start-ups.

This third edition of the Nordic Cleantech Open competition saw a record breaking 107 cleantech companies applying. An international jury of more than 50 influential representatives from multinational companies and venture capital have been involved in selecting this year’s top 25. Among the jury members are representatives from International Finance Corporation IFC (Int), IdInvest Partners (France), Evonik Corporate Venturing (Germany), General Electric, Veolia (France), Tsing Capital (China), Dow Chemicals (Switzerland), Fortum (Finland), Grundfos (Denmark), The Swedish Energy Agency and others.

“The Nordic Cleantech Open is always a great opportunity to discover new and innovative  companies from Scandinavia. This year’s cohort is diverse and promising, we are very much looking forward to meeting with the entrepreneurs.” Says Julien Mialaret, Investment Manager at Idinvest Partners, France.

This year Estonia was invited to participate in the competition and what a first year they had! With 11 companies entering, two of them made it to the top 25. Sweden, as previous years, had the most entrants and the biggest share of the top 25 as well. Norway had the best results in terms of share of entrants that made it to the top 25.

”We see an ever increasing flow of brilliant, innovative companies coming out of the Nordic and Estonian innovation systems. This is what’s next! It is a great display of what the future holds. Trends that we see is that they are increasingly innovative, solves real industry problems and are driven by younger and more hungry teams. This bodes well for the future”, says Magnus Agerström, Managing Director of Cleantech Scandinavia organisers of the Nordic Cleantech Open.

The selection of the top 25 is just the beginning for these companies. An intensive program lies ahead. 8-9th March the international jury and the companies will meet for a weekend at Nordic Camp at Trolleholm Castle. In April a group of the companies will go to Paris to meet with European investors and industrials at the Nordic Cleantech Showcase. The winners will be announced at the finals in Stockholm, May 19th.

Read the full press release here. Read more about the top 25 companies here.

Whats Next? – Nordic Cleantech Open Top 252021-01-12T16:09:59+01:00

The Jury did a good job!

All jury votes have now been collected. In total there were 1318 assessments of companies done by the jury members. This is a substansial increase since last batch where we “only” recived 1124 votes. This means that although the number of applicants have increased, each company has still been assessed by at least 11 different jury members. As each assessment consists of grades in 3 cathegorys this meens no less that 3954 individual votes! And the results… Well you have to wait until 25 February to know becase that will be the date we go public with the 2013/14 top 25 Nordic Cleantech Open companies.

The Jury did a good job!2021-01-12T16:09:59+01:00

All top 25 companies recive free Cleantech Venture Guide package.

All the top 25 Nordic Cleantech Open companies 2013/14 will be receiving a free subscription package to the Cleantech Venture Guide. This guide is a brand new online subscription tool for cleantech companies seeking venture financing. The package consists of three main parts. Firstly a guide on how it all works, an ABC on venture financing. How do you write a one pager, how do you pitch successfully, how do you approach valuation of your company, what should be in a shareholder agreement. Practical stuff you will need to know gathered in one easily accessible place. Second part is a search function where you can search for appropriate investors. The register contains almost 100 investors active within Nordic cleantech and is fully searchable. Third part is a test of investability. We have developed the The KeyStone Compact Lightâ„¢ test together with Professor of Engineering and Entrepreneurship at University of Michigan Peter Adraens. The test will be a good help not only to see whether your company is a relevant venture case or not but also to see what changes is needed in order for it to be so and to determine whether it should be. The top 25 companies will be asked to do the test as preparation for the Nordic Camp at Trolleholm castle. At the castle Peter will hold a session together with them, discussing the results.

All top 25 companies recive free Cleantech Venture Guide package.2021-01-12T16:09:59+01:00

Over 100 applicants!

It was a great joy coming to work this sunny Monday morning as the weekend have seen an incredible inflow of applications to the Nordic Cleantech Open. Already last week applications were pouring in but the weekend by far surpassed our highest expectations. We have not yet come up with the final number but we know for a fact that there are more than 100 applicants. This is more than any previous editions of the competition. Also the quality of the applicants looks very high at a first glance. More updates later on.

Over 100 applicants!2021-01-12T16:09:59+01:00

Corporate Cleantech Venture Day and Country event in Estonia

We are just home from Corporate Cleantech Venture Day in Lahti. This was a truly great event and no less than 7 applicants to the Nordic Cleantech Open pitched their companies to the investors in the audience. Participating NCO companies were SootTech, Knycer, Ecofective and Optistring from Sweden, Resen Waves and Alpha-E from Denmark and IoT Technologies from Estonia. In addition there were also two alumni finalists from previous editions of the Nordic Cleantech Open on stage, these were Finnish companies Zenrobotics and Enevo.

We rounded of the week with a Nordic Cleantech Open country event in Tallinn. At both events we met up with plenty of Finnish and Estonian companies all eager to join the Nordic Cleantech Open challenge. What can we say, the more the merrier!

Corporate Cleantech Venture Day and Country event in Estonia2021-01-12T16:10:00+01:00

One of top 25 companies to open doors to Level39, for a room with a view

In cooperation with Pivotal Innovations and Level39 we will be able to accessorize one of the top 25 companies in the Nordic Cleantech Open competition with a free, one year drop-in membership at the strategically located top-class accelerator Level39.

We have been to quite a few start-up environments, accelerators and incubators all around the globe. Level39 stands out among them. Occupying the entire 39th floor of the iconic One Canada Square building, and established by Canary Wharf Group plc, it was opened in March 2013 by Boris Johnson, Mayor of London, and has quickly become an important part of London

One of top 25 companies to open doors to Level39, for a room with a view2021-01-12T16:10:00+01:00

Nordic Cleantech Open

Cleantech Scandinavia announces that the third edition of the start up competition Nordic Cleantech Open (NCO) is being launched today. It is the competition that upgrades and accelerates start up companies and puts the participants in front of the right people.

The program for this edition is ambitious and will include:

  • A Nordic Camp in Lahti, Finland. The competing companies will be supported in their development by especially invited investors and industrials.
  • Participation at the Corporate Cleantech Venture Day in Lahti, November 20th, 2013. The event focuses on the industry applications of cleantech solutions.
  • A Nordic Cleantech Showcase in Paris, France. France has emerged as a leading European nation when it comes to new cleantech oriented venture funds.
  • A grand final event in Stockholm in May 2014

The jury will, as previously, consist of more than 50 investors and influential industry representatives from multinational companies. This jury will select the top 25 companies.

Our competition is different as we do not primarily focus on selecting one single winner. Our competition provides value for all applicants and most of all we provide value for our top 25 companies. These companies all have solutions with huge potential and we provide the tools and contacts necessary to reach this potential. Our jury, consisting of investors, industrials and other decision makers, are central both in selecting and supporting the companies

Nordic Cleantech Open2021-01-12T16:10:00+01:00

Tomologic wins second edition of Nordic Cleantech Open

The finals were held at Aalto Venture Garage in connection with the Nordic Cleantech venture event of the year, Cleantech Venture Day in Finland. More than 50 international investors and 270 participants were present at the finals. The ten very best of this years almost 100 Nordic Cleantech Open applicants presented from stage. The winners were selected with the help of audience votes.

The winner of this years Nordic Cleantech Open is the amazing metal cutting optimizer service company Tomologic, is a Stockholm based company that offers a scalable online optimization service for sheet metal cutting. The process reduces scrap from raw material in this energy intensive industry up to 50%. It was a combination of Tomologics smart technology and go-to-market strategy that swinged, which earned them the number one spot.Read an intewiev with Josefin and Magnus from Tomologic here. (in Swedish)

Magnus and Josefin from Tomologic right after the competition

Magnus Norberg Ohlsson, CEO of Tomologic presenting his case from stage at the Nordic Cleantech open final

In second place came ash handling company Ultranat a Finnish company that turns waste to value. Ultranat makes use of ashes from bio-fuel power plants and turns ash into valuable nutrition and fertilizers. The only thing left is purified silicates that can be used for technical construction and special industrial applications. After the Ultranat End-of-Waste process, waste taxes on the ash are no more applicable. Read an interview with Hans from Ultranat here (in Swedish)

Hans Weckman CEO of Ultranat presenting his case from stage at the Nordic Cleantech Open Finals

For the third place two companies were inseparable when it came to scores. We just decided we had to award them both they are Black Silicon Solar and MetGen.

Black Silicon Solar develops a nanotechnology process for improving silicon solar cells in a cost-efficient way. Focusing on cost reduction rather than improving efficiency, Black Silicon Solar has developed an alternative texturing process that reduce production cost,

Tomologic wins second edition of Nordic Cleantech Open2021-01-12T16:10:00+01:00

Final Event Sold Out!

The Nordic Cleantech Open final event at Aalto Venture Garage on the 25th of April is now sold out! There are still a few spots open at the Cleantech Venture Day on the 26th for those eager to meet the finalists. Register now for the Cleantech Cleantech Venture Day, the Cleantech Event of the year (even without the Nordic Cleantech Open Final)

Final Event Sold Out!2021-01-12T16:10:00+01:00
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