SE Ventures

Using data and automation to achieve 24/7 production.

Smart Factory

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 Element Analytics offers big data analytics software, AssetHub, that processes, manages, and integrates industrial data. The company utilizes digital representations of physical assets, named Asset Twins, for comprehensive analysis and provides predictive maintenance insights. The company claims that it offers the first-of-its-kind data hub, AssetHub, for industrial metadata management. Element Analytics has more than 350,000 customers in various industries, such as chemicals, oil and gas, metals, power, and is further expanding its customer base within the agriculture, power, energy, and oil and gas markets, increasing enterprise-wide deployments.
 
 
 Element Analytics partnered with Uptake (January 2019) to provide an AI solution that automates data integration, data science model configuration, and insight production. Element Analytics has also collaborated with Microsoft (Element Analytics&rsquo; platform is exclusively deployed on Microsoft Azure), and OSIsoft (users will be able to build and maintain assets four to 10 times faster than traditional approaches), and Amazon Web Services (AWS). Element Analytics announced an integration between its Element Unify platform and AWS IoT TwinMaker (December 2021), to allow for significantly faster digital twin development and improved effectiveness through contextualized and governed metadata. Element Unify is a foundational launch partner for AWS IoT TwinMaker, and is available in the AWS Marketplace.
 
 
 The company&rsquo;s most recent funding round was Series B funding worth USD 18 million in June 2020, led by investors Activate Capital Partners and Fort&eacute; Ventures. The funds were to be used to venture into new sectors and attract new clients, particularly in the oil and gas and agricultural industries, and broaden the existing product offerings by utilizing additional funding.
 
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 Augury offers AI-based predictive maintenance solutions. It uses wireless halo sensors to record the vibration, temperature, and magnetism of machines and upload them to the cloud, where AI will be used to diagnose faults and predict potential malfunctions. Augury offers Machine Health solutions for Critical Assets (MH CR) and Supporting Equipment (MH SE). It offers a warranty policy (one-of-a-kind in the predictive maintenance field) for up to USD 100,000 of repairs and replacements if the software fails to successfully predict machine faults. The company reported that its machine health (predictive maintenance) solutions can deliver an ROI of 3x&ndash;10x.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 Augury has built a customer base consisting of companies such as Hershey&rsquo;s, Colgate-Palmolive, Grundfos, Heineken, Danone, and Bausch Health. The company announced an insurance plan for its customers in 2020, partly as a strategy to attract more customers. Augury&rsquo;s Machine Health Solutions are integrated with PTC&rsquo;s ThingWorx IoT through a partnership in July 2020 and are available in the PTC Marketplace.&nbsp;
 
 
 
 
 In November 2023, 
 <a href="https://sp-edge.com/updates/23991">
 Augury partnered with IFS Ultimo
 </a>
 , a provider of cloud-based enterprise asset management (EAM) solutions, to offer machine health monitoring and asset management workflows for industries.&nbsp;
 
 
 Funding and financials
 
 
 
 The company&rsquo;s most recent funding round was Series E funding worth USD 180 million in October 2021, led by Baker Hughes, valuing Augury at over USD 1 billion. The funds will be used to create solutions for new industries, continue to facilitate the company&rsquo;s growth in the manufacturing market, and expand global operations. Baker Hughes, a provider of energy technology solutions, will integrate Augury&rsquo;s solutions into its System 1 software and asset performance management (APM) solutions. In May 2022, 
 <a href="https://sp-edge.com/updates/10286">
 Augury acquired Seebo,
 </a>
 another Israeli company that offers predictive quality and yield solutions for manufacturers to identify process-driven inefficiencies. 
 
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 UnitX is a robotics company that helps automate repetitive visual tasks in factories. It provides inspection solutions based on deep learning for automated manufacturing.
 
 
 
 
 The company uses robotic, deep learning, imaging systems, and precision engineering technologies to develop products that capture, detect, and monitor production processes. Its products include OptiX, a software-defined imaging system that image and comprehensively detects all defects with software-defined lighting; Cortex, a deep learning training and inference system that categorizes defects with adjustable tolerances, enabling rapid yield optimization; and YieldX, an analytics report for AI-based manufacturing that provides production data, monitors process variances to improve yield, and identifies root causes of equipment effectiveness issues to improve production yield.&nbsp;
 
 
 
 
 The company operates a direct sales model.
 
 
 
 
 Key customers and partnerships
 
 
 UnitX serves customers in the US and Asia, catering to the automotive, consumer electronics, lithium-ion battery, printed circuit board assembly (PCBA), and semiconductor manufacturing industries. The company claims to be running on the world&rsquo;s top five automotive tier I, Li battery, and EV manufacturers&rsquo; production lines.
 
 
 
 
 As of June 2022, the company had 36 customers.
 
 
 
 
 Funding and financials
 
 
 In September 2023, UnitX raised USD 5 million from SE Ventures, which is backed by Schneider Electric. The funds were expected to be used to expand its geographic reach and to help manufacturers improve operations.
 
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Technologies that automate and optimize building operations using data-driven insights.

Smart Building Technology

Augury is a leading provider of AI-based machine health solutions that enable manufacturers to predict and prevent industrial machine failures, thereby improving machine performance. The company's technology combines the internet of Things (IoT), AI, and human expertise to monitor machines continuously, diagnose issues, prescribe corrective actions, and guide users in implementing those actions.
Augury offers two primary solutions: Machine Health for Critical Equipment (MH CR) and Machine Health for Supporting Equipment (MH SE). MH CR provides precise fault diagnostics, root cause analysis, and detailed instructions to avert machine failures and optimize performance, backed by Augury's reliability engineers. MH SE enables users to quickly determine the severity of potential issues and perform proactive maintenance.
The process involves installing wireless sensors on machines to capture data, which is then transmitted to Augury's secure cloud for analysis by advanced AI algorithms. Diagnostic reports are sent to users, providing insights, recommended actions, and user guides. As of October 2022, Augury had diagnosed over 100,000 machines with 99.9% accurate diagnosis, helping global customers achieve 3-10x return on investment within months.
In December 2019, Augury received an USD 8 million investment from Qualcomm Ventures' AI Fund, recognizing its leadership in the Industrial internet of Things (IIoT). The investment aimed to accelerate the transformation of the industrial sector by leveraging 5G technologies for improved machine health solutions.

Clockworks Analytics provides a cloud-based building analytics software that enhances the operations of facilities by proactively identifying inefficiencies and root causes within building systems. Its fault detection and diagnostics (FDD) technology integrates with existing building automation and metering systems, analyzing thousands of data points to prioritize issues impacting energy performance, indoor air quality, equipment operation, and associated costs. In 2021, Clockworks' clients and partners completed 8,600 tasks resulting in USD 7.5 million in annual savings and identified USD 27 million in avoidable energy costs.
The company offers a Pharmacy Compliance Dashboard tailored for healthcare facilities, providing real-time monitoring and analytics to ensure compliance with temperature, humidity, pressurization, and air change requirements specified in USP 795/797/800 standards for critical compounding spaces. This dashboard enables proactive identification of issues, minimizing downtime and ensuring patient safety.
Clockworks Analytics' software monitors over 450 million square feet of property across diverse building types in 33 countries as of October 2023. Its clients include renowned institutions like MIT, Harvard Business School, Amgen, Kaiser Permanente, HPE, and Ericsson. In June 2023, the company achieved a milestone of 400,000 connected equipment pieces, furthering its mission to positively impact the built environment.

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Natel Energy focuses on restoration hydro, which refers to the process of restoring damaged water sources through actions such as remediating the water quality, repairing the source of the water damage, and repopulating the watershed with plant and animal species. Natel Energy takes restoration hydro a step further and incorporates hydropower generation into its restoration projects; this is expected to create a virtuous cycle where hydropower generation can be financially leveraged to support the restoration project to scale.Natal Energy incorporates hydropower generation into its restoration projects through its proprietary Restoration Hydro Turbine (RHT), which creates a safe fish passage to reduce fish damage by 99% during the hydropower generation process. This eliminates the need for fine fish screens used in legacy hydropower turbines which reduces plant efficiency.As of January 2024, Natel Energy has completed hydropower and restoration projects in the US and Europe and has contracts to design turbines for deployment in DR Congo.Key customers and partnershipsIn September 2021, Natel partnered with Nelson Energy to install between 60 and 90 RHTs, to retrofit three existing dams and add 80 MW of renewable power to the US grid.In December 2022, Natel partnered with utility company Energie Steiermark, to commission Natel’s first European hydropower project in Graz, Austria which is expected to generate 100 MWh annually. During the same month, Natel partnered with Symbion Power, to launch MyHydro, which aims to provide renewable and fish-safe hydropower to the Democratic Republic of Congo (DRC) through 33 small hydro sites generating at least 150 MW.In September 2023, Natel reported establishing a partnership with Normandeau Associates, Pacific Northwest National Laboratory, the US Geological Survey's Eastern Ecological Science Center, Great River Hydro to conduct the first field passage test of large American eels through a utility-scale RHT. During the same month Natel also partnered with the Fish Conservation Physiology Lab at the University of California to investigate the stress response of RHT passage on juvenile white sturgeon.Funding and financialsIn April 2023, Japan Energy Fund invested an undisclosed amount in Natel Energy through its Decarbonized Tech Fund. Prior to this in July 2021 Natel raised USD 20 million in a Series B funding round led by Breakthrough Energy Ventures and supported by Chevron Technology Ventures. The company intended to use the funds to scale the deployment of the Restoration Hydro Turbine for hydropower projects in the US and Europe.Key competitors: None comparable (Natel Energy is the only startup that focuses on restoration of hydro projects)

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

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 Claroty is an industrial cybersecurity company that provides security across operation technology (OT), Internet of Things (IoT), and industrial IoT (IIoT) corporate assets. The platform provides visibility, threat detection, risk and vulnerability management, and secure remote access for corporate digital infrastructure. The company also operates across Europe, Asia-Pacific, and Latin America with deployments across the world in industries such as energy, consumer products, critical manufacturing, pharmaceuticals, and utilities. Claroty is backed by top industrial automation vendors such as Rockwell Automation, Schneider Electric, and Siemens who are both customers and investors.
 
 
 Key customers and partnerships
 
 
 Since 2020, Claroty has experienced 110% year-over-year (YoY) growth in new customers and maintained 100% customer retention. The company expects 133% YoY growth in annual recurring revenue between H1 2020 and H1 2021. The company also expanded its partner coverage by 50% over 2020 with the additions of companies such as Deloitte, KPMG, PwC, CrowdStrike, Atos, and Yokogawa.
 
 
 In June 2023, Claroty announced an integration with Siemens Healthineers, incorporating the firm&rsquo;s Medigate platform into Healthineers&rsquo; ActSafe healthcare cybersecurity solution to offer healthcare providers deeper visibility into their networks, along with vulnerability and management insights. 
 
 
 Funding and financials
 
 
 Claroty raised USD 400 million in Series E funding, in a round co-led by SoftBank Vision Fund 2, Schneider Electric, and Bessemer Venture Partners that reportedly valued the company at nearly USD 2 billion. Claroty had earmarked most of the funding for the acquisition of healthcare-focused IoT security startup, Medigate. The new funds were also to be used to support Claroty&rsquo;s product development and international expansion. Medigate provides IoT security solutions, such as anomaly detection, to over 1,000 healthcare facilities. Claroty expects this acquisition to help expand its footprint beyond the industrial and manufacturing spaces. 
 
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Electrifying passenger and commercial travel

EV Economy

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 Titan Advanced Energy Solutions provides ultrasound-based battery management solutions. The company&rsquo;s ultrasound technology monitors a battery from inside to provide real-time intelligence on its health, capacity, and state of charge. Titan offers intelligence at each stage of a battery&rsquo;s life, from manufacturing through first use, second life, and recycling. The company stated that its solution could optimize battery performance, extend battery life, and spot safety risks in advance.
 
 
 Key customers and partnerships
 
 
 As of November 2023, Titan was co-developing its solutions with global auto, battery, and consumer electronics manufacturers in the US and Europe.&nbsp;
 
 
 &nbsp;Funding and financials
 
 
 Titan&rsquo;s most recent funding round was in November 2021, when it raised USD 33 million in a Series B. The proceeds were to be used to accelerate industrial-scale deployments of its battery management solutions. Additionally in June 2022, the company was a Phase III winner of the US Department of Energy Lithium-Ion Battery Recycling Prize. Here, Titan&rsquo;s submission focused on extending the lifetime use of the batteries before recycling them.
 
 
 
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Additive manufacturing makes objects by systematically adding material via a CAD program

Additive Manufacturing

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 Fabric8Labs develops 3D printer systems based on its proprietary electrochemical additive manufacturing (ECAM) technology, which uses water-based feedstock containing dissolved metal ions to build at the atomic level. These materials can be directly printed onto temperature-sensitive substrates like printed circuit boards (PCBs) and silicon. This enables micron-scale feature resolution, complex internal features, printing from high-purity materials like pure copper, and enabling scalability for mass manufacturing. This also makes Fabric8Labs&rsquo; solutions suitable for electronics, medical devices, communications systems, and semiconductor manufacturing.
 
 
 The company claims that its ECAM technology helps to reduce greenhouse gas emissions by over 90% compared with alternative additive technologies and traditional manufacturing.
 
 
 Funding and financials
 
 
 In February 2023, Fabric8Labs 
 <a href="https://sp-edge.com/updates/16205?industryIds=71">
 raised USD 50 million
 </a>
 in Series B funding to scale the ECAM technology and to establish a pilot production facility in San Diego, which was reported to potentially increase the company&rsquo;s headcount by 3x over the following 12 to 18 months.
 
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Embedding environmental, social, and corporate governance factors into investments

Sustainable Finance

Banyan Infrastructure provides a purpose-built project finance software designed to simplify, accelerate, and optimize the financing of sustainable infrastructure across the deal lifecycle. The company's platform enables banks, financiers, and developers to automate and track complex project finance transactions with a unified risk and data management system. Banyan's software replaces spreadsheets, emails, and varied documents with digitized loans and workflows, automating data ingestion, risk monitoring, and contractual compliance for each loan.
Banyan's technology aims to address the critical pain points in sustainable project financing, which has traditionally been hampered by manual and inefficient processes. By streamlining the financing process, Banyan aims to unlock capital for renewable infrastructure, enabling its customers to rapidly grow their sustainable infrastructure portfolios and achieve net-zero targets.
The company has experienced significant growth, with a 700% year-over-year increase in the past year. In March 2023, Banyan secured a USD 25 million Series B funding round, bringing its total funding to over USD 42 million. The funding will be used to expand the company's headcount and further develop its proprietary software.
Banyan's customers include NY Green Bank, a USD 1 billion sustainable infrastructure investment fund, Standard Solar, and SMBC. As of 2024, the company is enabling billions of sustainable infrastructure investments across seven countries and thousands of projects.

Smart Homes: Energy & Water Solutions

Sense is a company that offers an energy monitoring solution for residential homes. Its core product is the Sense monitor, a device that gets installed in a home's electrical panel. The monitor uses machine learning to detect and identify individual appliances and devices based on their electrical signatures. It collects detailed data about a household's electricity usage, including wattage and voltage information from appliances like fridges, washing machines, and personal electronics.
This data is used to provide homeowners with insights into their energy consumption patterns over time. The Sense monitor can pinpoint energy-intensive devices, identify inefficient or failing appliances, and send alerts when devices are left running or have finished their cycles. Sense's technology aims to help homeowners reduce electricity consumption and improve energy efficiency in their homes.
The company offers mobile and web applications that allow users to track real-time energy usage, set efficiency goals, and receive customized recommendations. Sense's business model involves selling its hardware and software solutions directly to consumers.
In April 2022, Sense raised USD 105 million in Series C funding to expand its product offerings and enhance international reach.

Deriving insights from uncommon data streams

Alternative Data

AiDash is a climate tech startup that provides solutions to optimize and digitize operations and maintenance for critical infrastructure such as electricity, gas, and water networks. The company utilizes a combination of high-resolution satellite imagery and artificial intelligence (AI) models to identify potential risks to power lines from vegetation growth, encroaching trees, and weather events. Its technology helps utility companies prevent wildfires caused by vegetation overgrowth, enhance grid reliability, and improve maintenance cost efficiencies.
AiDash's AI models scan satellite images to detect changes or issues along electric transmission lines, enabling timely interventions. The company claims its technology can reduce the number of vegetation-caused power outages during storms by 15%, boost grid reliability by 5% to 15%, and improve operations and maintenance cost efficiencies by 10% to 20%. AiDash's solutions also assist companies in complying with biodiversity reporting regulations, such as those in the UK.
Major utility companies like National Grid US Service Company Inc. have reported measurable improvements in reducing the number and duration of outages since using AiDash's tools to identify maintenance priorities. The company's technology has been adopted by over 150 customers worldwide, including several Fortune 500 investor-owned utilities in the US, Canada, and the UK.
In January 2024, AiDash secured USD 50 million in Series C funding led by Lightrock, reflecting Silicon Valley's efforts to develop products that help energy companies adapt to climate change. The funds will be utilized to expand the company's reach, including the establishment of a European headquarters. In May 2024, AiDash raised an additional USD 58.5 million in a Series C round led by Lightrock and Lightsmith Group, with participation from strategic investors such as Marubeni Corporation, Duke Energy, National Grid, and Edison International.

Technologies and processes that revolutionize the traditional construction industry

Construction Tech

RenoRun is an ecommerce platform for construction and building materials that aims to streamline the supply chain for builders and contractors. Founded in 2017 in Montreal, Canada, the company offers an on-demand delivery service for construction supplies, including lumber, drywall, insulation, shingles, siding, hardware, doors, and paint. RenoRun's platform allows contractors to order materials through a desktop site or mobile app, with deliveries made within two to four hours directly to job sites. The company sources materials from local hardware stores and its own network of warehouses, offering over 4,500 products through its online catalog.
RenoRun's business model is designed to increase job site efficiency by eliminating the need for contractors to leave work sites to purchase supplies, saving time and reducing labor costs. The platform also enables contractors to manage material orders across multiple job sites, consolidating purchases from various vendors. In addition to its core delivery service, RenoRun has expanded its offerings to include a FinTech product to help contractors finance material purchases.
The company experienced significant growth, particularly during the Covid-19 pandemic, as customers were drawn to contactless delivery options. By February 2022, RenoRun had expanded its operations to serve six markets across Canada and the US, including Boston, Chicago, Philadelphia, Toronto, Montreal, and Washington D.C. At that time, the company reported having over 500 employees and serving more than 10,000 customers. RenoRun claimed to be growing 2x to 3x year-over-year and expected to exceed nine figures in revenue in 2022.
However, in May 2023, RenoRun faced significant challenges and was forced to shut down its operations. The company entered an insolvency process and began pursuing the sale of its assets through Quebec courts.

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

Element Analytics provides an operations data management platform for industrial enterprises to enable users to make faster and data-driven decisions. Its flagship product is Element Unify which combines information technology (IT) and operational technology (OT) data on a single platform to provide users with contextualized data for analyticsAs of June 2024, the platform can be integrated into Azure Digital Twins by Microsoft, AWS IoT TwinMaker, AVEVA, Radix, Cyient and AW IoT SiteWise. By integrating into a digital twin platform, users are able to deploy, govern and maintain models. The platform is available in personal, team and enterprise packages.&nbsp;Key customers and partnershipsThe company operates a B2B business model providing services to customers in the chemical, power, agriculture and oil and gas industries.&nbsp;In August 2022, the company partnered with a global digital provider, IPCOS, to expand the Unify platform through the chemical plant industry. In April 2023, the company partnered with HighByte, a data management provider, to launch an integrated solution based on AWS’ Industrial Data Fabric Architecture. Other partners include Radix, Microsoft Azure, and AWS.&nbsp;Funding and financialsThe company raised USD 18 million in June 2020 in a series B funding round co-led by Activate Capital and Forte Ventures. The funds were earmarked toward advancing its industrial enterprise solutions.&nbsp;As of April 2023, the company had a customer base with a total revenue of USD 750 billion.

Augmenting the mining value chain with technology and automation

Mining Tech

PlotLogic is a Brisbane-based mining technology company that develops innovative solutions for ore characterization and mining optimization. Founded in 2018 by Dr. Andrew Job, the company's flagship product is OreSense, a technology that combines LiDAR, hyperspectral imaging, and advanced machine learning algorithms to provide real-time ore characterization. OreSense enables mine operators to precisely understand the location and material properties of every rock in their mine, helping to increase output, reduce waste, and enhance environmental performance.
The OreSense technology utilizes a sensor unit roughly the size of a microwave to scan core samples, chips, and terrain, including mine faces, stockpiles, heavy vehicle loads, and plant feed. This approach generates highly accurate ore characterization predictions, allowing miners to increase extraction of critical minerals and metals while reducing energy usage and waste for every tonne mined and processed. PlotLogic's technology has been likened to swapping a hacksaw for a scalpel, enabling more selective, efficient, and sustainable mining practices.
As of January 2024, PlotLogic was crowned the Cleantech Asia-Pacific Company of the Year by the Cleantech Group, recognizing its significant contributions to sustainable innovation in the mining tech sector. The company's technology has become particularly relevant as the mining industry faces increasing pressure to provide critical minerals for clean energy development while minimizing environmental impact.

Optimizing the future of energy with software solutions

Energy Optimization & Management Software

AutoGrid is a provider of Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) solutions, based in Redwood City, California. The company specializes in data analytics and machine learning technologies for managing distributed energy resources and microgrids, particularly for industrial and commercial customers. AutoGrid's technology focuses on integrating and orchestrating distributed energy resources (DERs) to benefit grid stakeholders. The company's product offerings include the Energy internet and Flex platforms, which are used for planning, implementing, and managing distributed energy projects. In January 2020, AutoGrid announced a fully integrated Advanced Distribution Management System (ADMS) and Distributed Energy Resources Management System (DERMS).
AutoGrid has undergone significant changes in its ownership structure in recent years. In May 2022, Schneider Electric acquired AutoGrid with the aim of accelerating AI adoption in the power sector and incorporating AutoGrid's capabilities into Schneider's microgrids business. In December 2023, Uplight, a utility software company based in Boulder, Colorado, announced an agreement to acquire AutoGrid from Schneider Electric. This acquisition was designed to combine Uplight's customer engagement capabilities with AutoGrid's DERMS technology in a single unified platform.
Key customers and partnerships
AutoGrid has had a long-standing partnership with Schneider Electric, dating back to 2013 when they collaborated to optimize Schneider's Wiser brand of smart thermostats and home energy management devices. In May 2019, Schneider Electric became a major shareholder in AutoGrid with a 10% stake and launched a co-innovation partnership focused on using AutoGrid's platforms for distributed energy projects. Following the acquisition by Uplight, the combined entity is expected to serve utility clients, energy users, and equipment manufacturers in accelerating their impact on the energy transition.

SmartD Technologies develops efficient power distribution solutions using solid-state technology and sensor-driven motor control products.

Claroty is an industrial cybersecurity company that helps customers reveal, protect, and manage their OT, IoT, and IIoT assets. The company’s platform connects seamlessly with customers’ existing infrastructure and programs while providing a full range of industrial cybersecurity controls for visibility, threat detection, risk, and vulnerability management, and secure remote access—all with a significantly reduced total cost of ownership. The company is headquartered in New York City and has a presence in Europe, Asia-Pacific, and Latin America, and deployments on all seven continents.

Higharc is the all-in-one web platform that simplifies, connects, and improves each step of design, construction, and sales for home building. It enables builders to design, sell in 3D, and get permit-ready construction documents — all in a single platform. Higharc is on a mission to help builders create better homes and communities, more affordably.

AiDash is making critical infrastructure industries climate-resilient and sustainable with satellites and AI. Using our full-stack SaaS solutions, customers in electric, gas, and water utilities, transportation, and construction are transforming asset inspection and maintenance - and complying with biodiversity net gain mandates and carbon capture goals. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and achieved sustainability goals. Learn more at www.aidash.com.

UnitX provides an inspection solution based on deep learning for automated manufacturing. The company specializes in deep learning, robotics, imaging systems, and precision engineering.

Prisma Photonics keeps critical large-scale infrastructures running by providing optical fiber sensing solutions. The company was founded in 2017 by a team of entrepreneurs with experience in lasers, optical fiber, algorithms, and machine learning. Combining talent from the physics and laser world with algorithmic and machine learning expertise. The company is now in the commercial deployment stage.

Ostrom drives the green energy transition by making renewable energy more accessible and inclusive. By creating a green energy management platform, they help consumers switch, track and reduce their electricity consumption effortlessly.

Pico MES develops a manufacturing execution system designed for factory and machinery control. It enables a connected environment to limitless factory tools, capturing data for visibility into the supply chain. It has migrated dozens of mid-sized factories of paper-based systems and helped improve product quality for American factories in battery manufacturing, automotive, and aerospace.

Clockworks Analytics offers market-leading automated diagnostics and building performance management software and services to facility managers, engineers, and service providers. KGS’s flagship software, Clockworks is used around the world by direct customers and service partners to deliver persistent energy savings, pro-active maintenance, more comfortable buildings, and more efficient building operations. Clockworks provide tools to identify and prioritize energy savings opportunities, improve operations, track savings over time, and connect to building data, diagnostics, and information anywhere, anytime. Clockworks can help fully leverage commissioning or retro-commissioning processes, LEED projects, measurement and verification, and performance-based incentive programs.

Plotlogic is a global technology company allowing mine operators to understand the location and material properties of every rock in the mine. It utilizes an AI and sensor-driven platform to enhance yield in the critical mineral industry.

Banyan Infrastructure is a project finance software platform designed to simplify, accelerate, and optimize sustainable infrastructure financing across the deal life cycle. Our solution oversees and automates the complex and time-consuming processes in the origination, portfolio, and compliance management of sustainable assets, which boosts profits per investment, increases deal velocity, and saves thousands of hours at every stage. Visit banyaninfrastructure.com or follow us on LinkedIn for more information.

Fabric8Labs developed a unique process that is an intuitive combination of two mature technologies: Stereo-Lithography and Electro-Deposition.

Enable is a cloud-based software platform that helps distributors, manufacturers, and retailers to calculate, plan, and accrue rebate deals precisely to drive profitable growth. The company's mission is to build an ideal business-to-business deal management solution. Its products help companies acquire, retain, and serve their customers by working collaboratively with their trading partners using joined-up plans and incentive programs. Enable was founded in 2016 and is headquartered in San Francisco, California.

GRAIN Ecosystem is a start-up that addresses global warming and accelerates decarbonization. By simplifying the process of removing carbon from the earth’s atmosphere, they can empower carbon project developers to do more. GRAIN Ecosystem is a new venture incubated at Greentown Labs, funded by Schneider Electric, and accelerated by the Cleantech Open Northeast and Microsoft Founders Hub.

RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

Synapticon is reshaping the world of motion control for robotics and machinery at the point of motion. The company introduces an entirely new approach to motion axes by integrating formerly discrete components, such as motors, drives, sensors and gearboxes into seamless units and digitalizing performance and quality factors that are so far dependent on costly mechanical manufacturing. Innovation leaders in robotics, automation and machinery around the world choose to work with Synapticon to path their way into the future of intelligent, motion control-related systems.

Titan Advanced Energy Solutions (Titan) develops advanced battery management systems for lithium-ion batteries (LiB).Their patented ultrasound technology provides over 99% SoH/SoC accuracy over the life of the battery. The benefits of this dramatically improved accuracy are significant: at least 20% increase in charge capacity and 125% increase in battery life. The technology also provides unprecedented safety monitoring and control, real-time cell level monitoring and balancing. Suitable for automotive, ESS and consumer markets, Titan’s ultrasound ionView™ technology is priced comparably to traditional solutions, while adding significant benefits to manufacturers, integrators, producers and consumers.

Augury helps eliminate downtime, reduce maintenance costs and maximize productivity for critical machines in industrial and commercial applications ranging from bottling and food processing to paper products and pharmaceuticals. Its Machine Health solutions combine advanced sensors with powerful AI capabilities and collaboration tools to help teams understand when machines are at risk.

AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data. The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy by managing networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks. Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.

At WattBuy, we’re focused on an ambitious vision: making cleaner, more affordable electricity accessible to every household. We’re looking to bring on team members to help us reach that goal. Based in NYC, DC, and Seattle, WattBuy is a team of product leaders and engineers from Google and Amazon who share a love of using technology to tackle inequality and positively impact the climate.

Aquant is an enterprise AI platform that uses machine learning to learn clients' enterprise's unique language and use it to maximize equipment uptime, prescribing and diagnosing both service and warranty issues as well as anomaly detection: 20 years of professional experience, in 20 seconds. Through AI and machine learning, Aquant enables companies to make smarter, faster, data-driven decisions by providing predictive, actionable service recommendations. Operating in a $647 billion-dollar market, Aquant was built by industry experts with a passion to help companies eliminate the unplanned downtime of their products in the most profitable way. The company was founded in 2016 and is based in New York.

Finite State is a cybersecurity company that provides cybersecurity solutions for the Internet of Things (IoT) and connected devices. The company is known for its expertise in analyzing and securing embedded systems, firmware, and IoT devices. Finite State's platform offers comprehensive security assessments, vulnerability management, and threat intelligence services tailored specifically for IoT ecosystems. Finite State serves clients across various industries, including automotive, healthcare, energy, and critical infrastructure. The company's platform utilizes advanced techniques such as static and dynamic analysis, reverse engineering, and machine learning to identify vulnerabilities and security weaknesses in IoT devices.

Poka is a Web and mobile app that gives factory workers the power to capture, consume and share critical information in real-time on the plant floor, leading to improved productivity.  By creating a standardized multimedia knowledge base of procedures, training content and solutions related to each workstation and machine, Poka helps reduce production downtime, improve quality and safety, and facilitate communication across factories, departments and shifts. Poka has become a catalyst for digital transformation among industrial leaders including 12 of the largest manufacturers based on IndustryWeek’s Global 1000 rank.

Greentown Labs enables entrepreneurs to solve the world's biggest energy and environmental challenges. Our mission is to enable a vibrant community of entrepreneurs to work on their visions and to provide access to the space, resources, and funding that allows their early-stage companies thrive. We offer 33,000 sq. ft. of prototyping lab and co-located office space, a shared machine shop and electronics lab, immersion in a growing community of energy and clean technology entrepreneurs, and on-site events and programs designed to enable start-ups to rapidly grow their networks and their companies.

Station A is a technology company reimagining how clean energy is bought and sold. By combining proprietary technology and a team of experts, we help commercial real estate owners and occupants take swift action on their climate goals in the most cost-effective and transparent way.  Our AI-powered platform analyzes and grades buildings to identify the best candidates for clean energy. The provider network on Station A's marketplace then provides indicative pricing or fixed and firm proposals through a streamlined process. At Station A, we make climate action a no-brainer for everyone!

Solstice provides turnkey customer solutions for shared solar. It also offers subscriber aggregation and management services to solar developers, utilities, and other providers of shared solar energy. Employing community organizing techniques and the nation's first online marketplace and customer management platform for shared solar, Solstice leverages network effects to aggregate consumer demand and put more solar in the ground. Solstice's goal is to use community solar to help these groups meet one another and to unlock the possibility of solar power for these households. Solstice was founded on the belief that every American household can be powered by affordable renewable energy. By deploying community solar, Solstice works for greater energy equity and a future in which clean energy works for every American household, regardless of income level, credit score, or any other factor. It has received the C3E Women in Clean Energy Entrepreneurship Award, MassChallenge Silver Award, Kia Revisionaries Award, and Gold Stevie Award as well as the Echoing Green Climate Fellow, Inc Magazine’s Female Founder 100, Elle’s US Women Entrepreneur of the Year, a Renewable Energy World 40 Under 40 in Solar, a Grist 50 Fixer, a GLG Social Impact Fellow, a Cordes Fellow, and an Acumen Global Fellow award .  The company was founded in 2016 and is headquartered in Cambridge, Massachusetts.

Element, a leading software provider in IT/OT data management, enables industrial organizations to unite their IT and operations data to produce analytical insights that drive cleaner, safer, healthier, and more profitable operations.  Element Unify transforms siloed IT/OT data into contextualized, graph-based models to support diverse analytical workloads and data governance.  Element’s customers represent over $250 billion in revenue, $230 billion in fixed assets and 450,000 employees. To learn more about Element, please visit elementanalytics.com and follow the company on Twitter and LinkedIn.

Natel Energy is a supplier of sustainable hydropower solutions that produce reliable renewable energy. The company launches a new hydropower product enabling the cost-effective production of low-impact and distributed baseload energy from existing low-dams, irrigation canals, and other low-head hydropower resources. Hydropower is a crucial component of a low-carbon, renewable grid because of its reliability, flexibility, and complementary generation characteristics to the wind and solar. Hydropower projects are also integrally dependent upon and have a substantial impact on watershed function.

At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with a software-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.

Volta Charging is a marketing and advertising company that designs, installs, and maintains a network of electric vehicle charging stations funded by sponsor brands. The company provides a valuable community amenity in markets across the U.S. helping brands meet consumers at the optimal moment of the purchase decision. It was founded in 2010 and is headquartered in San Francisco, California.

Sense specializes in developing and distributing tracking devices and home automation solutions for its customers. Sense, its home monitoring system, is able to listen to the electronic signatures of electrical devices through its current sensors on the main breakers in electrical panels and records them. Followed by the recording process, it applies multi-domain device signature detection algorithms to distinguish one appliance from another to recognize each individual voice. Furthermore, the system transmits its data to its users through a specially designed mobile application. Sense was founded by Ryan Houlette, Christopher Micali, and Mike Phillips in 2013 and is based in Cambridge, Massachusetts.

SE Ventures (SEV) is a global venture capital fund backed by Schneider Electric. SE Ventures invests in big ideas and bold entrepreneurs who can benefit from Schneider’s deep domain expertise and global customer reach. SE Ventures has been acting as a strategic commercial accelerant for category-defining companies in energy, mobility, prop-tech, cybersecurity and industrial automation.

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