Top 25

The Nordic Cleantech Open top 25 companies 2015/2016

The fifth edition of the Nordic Cleantech Open saw no less than 113 companies applying. This, and the hard work of our very competent jury, ensures that the quality of the top 25 is top notch. Only the most promising among Nordic Cleantech Startups can make it all the way to the top 25.

Abalonyx
Norway

Abalonyx is a leading producer of Graphene Oxide. Graphene oxide has unique sorption selectivity when it comes to treatment of water polluted with certain heavy metals including radionuclides. Abalonyx is probably the largest producer of quality graphene oxide worldwide, and the only producer offering quantities in kilo size for sale. The company is also building technology related to graphene oxide based water treatment processes, such as an innovative environmentally friendly flocculent making Graphene oxide easily filterable and separable from the cleaned water. The primary target customer is a company currently treating water contaminated with radionuclides from North Sea oil- and gas activities. Abalonyx is working with this company to install a demonstration water treatment unit in their Western Norway facility. On a longer perspective, clean-up of contaminated water from nuclear waste storing and re-processing as well as produced water from fracking activities and run-off from mines and tunnels will also be targeted.

Againity
Sweden

Againity has developed a cost-effective heat-to-electricity solution based on the Organic Rankine Cycle. By simply connecting a pipe of hot gases or hot water it generates electricity from 20 to 4 000 kW. Heat in, electricity out! The heat source can be anything from a garbage or wood chip boiler or incinerated landfill gas, to hot water from solar panels or industrial waste heat, to name a few, as long as the heat exceeds 90 degrees Celsius. Heat that was previously wasted through the chimney can now be utilized as electric power. The system is based on a refined technology based on the Organic Rankine Cycle where thermal energy is turned into electricity by a steam turbine and an electric generator. Thanks to innovative components and materials, the system has a long lifetime, low operating costs and a quick payback time, allowing new market segments to profitably produce their own, green electricity.

Arctus Metals
Iceland
The idea of Arctus Metals is based on an environmentally friendly and energy efficient process for production of primary aluminium. The low temperature electrolytic process uses multiple vertical inert anodes and cathodes to produce aluminium and oxygen from alumina according to the formula: 2 Al2O3 = 4 Al + 3 O2. Compared to the conventional 130 years old Hall Herout aluminium process using carbon anodes the method has several advantages. There is no emissions of carbon dioxide and greenhouse gases meaning no compliance costs for smelters due to stricter climate change regulations, instead one ton of oxygen is generated for each ton of aluminium produced. The process also uses 20% less energy and 60% less space. Artcus Metals is in the final stage to reach proof of concept of the new revolutionary aluminium production technology.

Ascatron
Sweden

Ascatron develop next generation power semiconductors based on Silicon Carbide (SiC). These are used to transform electricity in industry, data centers, electrical vehicles, solar power, wind turbines and the electrical grid. The problem we target are the losses in these power converters, which can be up to 20% using conventional silicon devices. With SiC power electronics can these losses be radically reduced, resulting in energy savings that can give a RoI within 1 year. To make the most efficient and reliable SiC power devices is Ascatron using a unique material technology based on 3D epitaxy enabling us to increase the doping level to reduce the resistance in the device – 3DSiC®. Our business model is to produce the epitaxy material in-house, outsource device fabrication at foundries and sell our SiC power semiconductors to producers of high power electronics.

Cewatech
Sweden

Turning waste into value is a classic trade for cleantech companies. Cewatech does exactly this in an innovative way growing edible micro-fungi on side-streams from production of paper pulp, starch, or other plant-based (potatoes, peas, corn, fruits etc.) materials. The fungal biomass is, among other things, evaluated as an ingredient in fish feed. In trials, 10, 20, or 30 % of base fishmeal in feed have been replaced by Cewatech’s fungi with similar or better growth rates recorded in salmonid fishes. The zygomycetes fungi patented by Cewatech grow well on side-streams from the agricultural or forest industry, which often have low value or are subject to environmental fees. When growing, the fungi consume nutrients, which decreases BOD and COD, lowering the environmental load of the side-streams. The end product is a sustainable, price-competitive alternative to fishmeal in fish feed with the potential to decrease overfishing of the seas.

Desert Control
Norway

Converting desert into fertile soil is a process that normally takes 7-15 years and uses a lot of water and resources. Desert Control does the same in 7 hours. They mix clay and water in a patented mixing process and apply it to the fields using traditional irrigation methods. The mix sinks into the soil creating a 40-60 deep layer which retains the water like a sponge. The layer stops percolation and greatly reduces evaporation. This means that only 1/2 – 1/3 of the irrigation water compared to an untreated area is needed. Thanks to the growth of mycorrhizal fungi in the roots there is also a substantial yield increase. Desert Control turns desert into fertile land for only $4800 per hectare.

Energeotek
Sweden

Energeotek the technical system integrator and solutions provider offers NxGeo the renewable, clean and cost-effective system solutions for energy systems that delivers electricity, heating, cooling and cascade based energy 24/7/365. Energeotek pioneers renewable energy based on the low temperature geothermal heat under our feet with system solutions configured to enable NxGeo power centers worldwide. Energeotek’s immediate offer together with interested clients, investors and partners is to establish reference and pilot NxGeo power plants. Together with involved strategic partners, investors and clients Energeotek also look to provide all capacities for turn-key NxGeo power center offerings including funding, constructions, operations, maintenance and services globally.

EyeCular Technologies
Denmark

EyeCular Technologies has developed the product StratiFlex™ which is able to build and maintain thermal stratification in hot water tanks. StratiFlex is a physical component to be built into the hot water tanks, which, through thermal stratification, significantly reduces the energy consumption for heating water. The product is inexpensive, more reliable and easier to install compared to the few existing competitors. Currently the list of applications which benefits from thermal stratification are as follows: Heat pumps: Reduced electricity consumption by up to 30%. Solar thermal systems: Increased accumulation of energy by up to 25%. Gas condensing systems: Reduced gas consumption by up to 11%. For electrical heated tanks, thermal stratification makes it possible to offset the consumption of electricity from the consumption of hot water, enabling them for smart grid.

Faunaphotonics
Denmark
FaunaPhotonics is pursuing a transformative idea, enabling key stakeholders with real-time data on insect populations. The use of laser radar systems enables us to perform real-time on-going surveys of insects in the field. Our laser radar product can monitor approx. 10.000 insects / hour / m3 of air. This is a transformative new tool that helps improve delivery of control tools by supplying accurate data to key decision makers. We offer tangible benefits to the agricultural sector and insect control programs by supplying the capacity to routinely collect, analyze, interpret and share reliable real-time data on insect populations. This helps automate pervasive scouting, avoiding manual processes and improves ability to track trends comparing development from season-to-season, area-to-area and treatment strategy-to-treatment strategy.

Forsnetics
Sweden

Forsnetics has developed magnetic thrust-bearings for hydropower. They utilize magnetic fields dynamically to carry the weight of the generators and the water load. This technology reduces the friction losses up to 80%. The increase in efficiency is enough to cover the price of the equipment during its lifetime. However, the main economical driver to install the solution is increased reliability, as the technology eliminates thrust-bearing failures. The customers’ wants to prevent thrust-bearing failures, as it is very expensive when the machines cannot produce energy. The solution also enables an oil free thrust bearing system. In the future, this feature may be crucial in some markets as the regulators may demand oil free stations. Forsnetics are the commercializing partner of an innovation project between Vattenfall, KICInnoenergy and Uppsala University.

Fresh.Land
Denmark

Fresh.Land digitize the food supply chain. The B2B platform connects farmers and retailers, cutting out the middlemen and reducing CO2 emissions and chemical use. Fresh.Land allow farmers to sell directly to retailers. Today, an orange you buy in the supermarket is ~4 months old. The culprit is a long and out-dated supply chain. The solution uses technology to make the food supply chain efficient and transparent. With Fresh.Land, farmers, retailers, and logistical partners can all interact in one platform. As a result, they get better prices and drastically reduce the searching and transaction costs. Only the middlemen lose out. The 5 farmers in the 6 months pilot doubled the price they sold at. All the 7 pilot buyers increased their margins by more than 25%.

Infinited Fiber Company
Finland

Inifinited Fiber Company enables re-manufacturing again and again of new natural fibres for the clothing and hygiene products, both from textile waste and biomaterials like wood. There is no commercial solution on the markets for manufacturing new fibres from textile waste. The technology enables extending the pulp and dissolving mills’ value chain by manufacturing cellulose derivate. This will significantly cut the costs and increase sustainability in viscose manufacturing. One specific about the process is that it can dissolve cellulose out of textile waste, fractioning other fibre materials out of the solution. The base technology for this is known but it has never been utilized commercially before. Infinited Fiber Companys purpose is to be a driving force in revolutionizing the fashion industry – both by new manmade natural cellulose fibers and by building an ecosystem of other radical recycling innovators for a maximum impact.

Innoscentia
Sweden

Innoscentia provides a printable gas sensing technology that can visualize and electronically tell the status of the food. The printable sensing ink undergoes a colour change from i.e. green to red once the product is spoiled. The changes in the electrical properties provides the possibility to detect spoiled food wirelessly trough the supply chain increasing both food safety and traceability for actors within the food supply chain. Innoscentia working in close collaboration with industry partners within the food supply chain, from packaging companies to meat producers, in order to secure market interest and push the product development in a rewarding direction.

LunaLEC
Sweden
LunaLEC develops thin and flexible light sources that will require less energy in manufacturing and will be made without metals and thus can be recycled like plastic when disposed. LunaLEC offers light patches in sizes ranging from 2 mm x 5 mm to 20 cm x 30 cm, which can be driven by low voltage DC, typically 3-6V. The intended use is not yet general lighting, but rather functional lighting. Typical applications are medtech patches, where light patches are used for treatment of a number of specific symptoms. LunaLEC develops light patches that matches customers’ specific needs where the primary demands are light emission from the entire surface by a thin and flexible light patch, with a given effect at a certain wavelength. This combination does not exist today except in a LEC. The customers also highly appreciate that LECs can be produced without rare and harmful metals, and thus have a more sustainable profile then the alternatives.

Minut
Sweden

Minut creates connected sensors to understand the environment in a room or area – including mapping PM2.5. This is possible with the use of the company´s unique sensor, tested at LTH and in testing at MIT. This core innovation is more accurate than solutions currently available in this segment. This sensor will be given to individuals as a way to measure their exposure. Crowdfunding channels like Kickstarter and Asian equivalents as well as environmental organisations will be used to spread the sensors. Minut is optimistic about how a transparent view of PM2.5 around the world can support efforts to reduce this pollution. The expected biggest interest will be in major Asian cities and areas with high pollution and concerns (such as the London Heathrow areas).

Ngenic
Sweden

Ngenic provides products and services that enable a collaborative demand response and easier inclusion of renewable energy sources into the grid. The Ngenic system adopt to the thermodynamic individual household and increase the efficiency of the heating system. At the same time as it achieves a better, more even, indoor climate the system enables a shift of consumption of electricity from expensive hours and buys electricity at the best price. The hardware are compatible with most existing heating system and can therefore be retrofitted into most existing homes. The system consists of an app, indoor sensor, a control box for the heating system and a gateway to the internet connecting to the cloud-based services.

ReLaDe
Estonia
ReLaDe is developing a system that uses biological washing enzymes that are coupled with iron nanoparticles as the laundry washing agent. This enables recollection of the washing agent from the washing machine wastewater by a simple device composed of magnets and direct it back to the next washing cycle, thereby eliminating the need to add any additional washing detergents in the subsequent cycles. The estimate is that an average household can use this system for 1 year before any additional ReLaDe washing agent is required. Biological washing enzymes have been extensively described previously but their use has been limited due to their relative cost and instability. Binding these enzymes to nanoparticles eliminates the downsides as they become reusable and the enzyme stability is increased significantly.

Sani Membranes
Denmark

Sani Membranes is developing, producing and selling advanced cross flow membrane filter elements. Sani membrane filter elements are novel products, based on present membrane and fine filters, but designed for improved energy efficiency – saving 30-60% of energy in very energy intense processes. At the same time, the process and sanitary aspects are very much improved. The filtration element allows free flow filtration over a flat membrane filter surface. This design is unique, but based on known elements and proven theory, and the many benefits, combined with competitive prices, will make this a disruptive solution on a large and growing market. There is proof of concept, and major potential customers in Dairy and Enzymes have been involved in testing. The filters are primarily designed for Micro and Ultra filtration, suitable for process industry, food & beverage, water, water reuse as well as for waste water purification.

SBT Aqua
Denmark

SBT Aqua is developing a real-time bacteria sensor that significantly improves quality control of drinking water. The sensor can detect bacteria and non-organic particles in real-time and differentiate the two using an electrical detection principle. Several sensors can be installed at key locations in the water distribution system thereby creating a sensor node network, which collectively monitors the bacteria throughout the system. The product’s main advantage is its sampling frequency and accuracy. Today’s methods for performing quality control of drinking water are based on both manual sampling and analysis with response times of up to 3 days. The sensor being developed by SBT Aqua will increase the sampling frequency from weeks to minutes ensuring that contamination events are discovered by the utility and not by ill and dissatisfied citizens.

Sensative
Sweden

Sensative have developed Strips, an ultra-thin (less than 3mm thick) magnetic sensor, which enables it to be mounted invisibly in most window & doors. Strips comes with an adhesive layer which makes it easy to set up and has a long-lasting battery life (up to 10 years!) Strips is Z-Wave Plus certified, which enables Strips to be connected to any Z-Wave Smart home systems, devices and services. For example you can connect Strips to a smart thermostat, and as the window is opened it turns off the radiator in order to save both heat and money for the tenants and real estate owners.

Toroidion
Finland

An innovative electric powertrain with a new type of electric direct drive is the product offered by Toridion. The first applications of the powertrains are exclusively tailored supercars. The first commercial product, 1MW Concept Hyper Car launch was in Top Marques Monaco 16th April 2015. In the long run all types of vehicles are targeted, from scooters to motorcycles, cars, vans, trucks, and heavy trucks, helicopters, airplanes both for propeller and jet turbines, boats and yachts. The new direct drive electric motor and light weight power electronics are significantly safer and more service friendly than current alteratives. The technology is also extremely energy efficient and robust and allows for easy battery technology upgrades.

Trifilon
Sweden

Trifilon develops and produces the lightest, most rugged biocomposites for high performance applications. Trifilon develops and sells optimized biocomposites for injection molding applications. The advanced biocomposites not only cut weight and minimize a products environmental impact, they do so without any special equipment or new tooling. Unlike traditional composites that utilize synthetic fibers like glass fiber, Trifilon managed to create lightweight and rugged composites using natural fibers. They take advantage of the fact that their optimized natural fibers have a density that is 30% lower than ultra-light carbon fiber, meaning that they can create the lightest injectable composites. Additionally, because the natural fibers cost less than traditional synthetic fibers, they can help OEM’s and brands reduce weight without incurring significant costs.

TRINE
Sweden

TRINE aims at providing the 1.3 billion people living in energy poverty with access to solar energy. This will be done using local solar entrepreneurs and financed using their crowdinvesting platform. Combining crowdinvesting with commodity solar PV components and novel financing structures creates an innovative business model with massive potential. The solution will democratize the finance of solar energy and create a new, profitable business model that allows people to make money and do-good at the same time. The crowdinvestor in the are connected with solar entrepreneurs and specific solar projects in emerging markets. TRINE:s pilot project was for a mini-grid installation in Sidonge, Kenya. With a strong due diligence process TRINE offer a good investment for the customers.

TychoBio
Denmark

TychoBio applies powerful tools from Synthetic Biology to optimize and commercialize moss as an efficient production host for small chemical compounds. The idea is to use moss as a green production host and grow it in photo-bioreactors. The method can potentially produce hundreds of different high-value compounds. Initial focus will be on a class of compounds called terpenoids, which are naturally expressed by plants. Terpenoids are high-value compounds used in food, cosmetics and the pharmaceutical industry. The diterpene carnosic acid (CA) is considered to be a key factor in the health and industrial beneficial uses of the mint family (Lamiaceae) such as rosemary. The mission of TychoBio is to establish a stable production platform of CA in biologically engineered moss to deliver green and cost-efficient CA.

Uniti
Sweden
Uniti is a 2-seated electric city car with a premium ‘sci-fi’ design, engineered for high urban performance and sustainable over its entire life-cycle. The car feature a 15kWh removable battery, allowing for a range of 150km. The uncompromising focus on sustainability goes beyond the power source and takes into account every aspect of the life-cycle from supply chain through materials, the manufacturing processes, distribution, as well as core business practices. The first batch of vehicles will be directly sold to an exclusive circle of cosmopolitan, environmental conscious and tech-savvy early adopters. In the next phase of our roll-out, with on-demand personal mobility services gaining traction in relation to direct ownership, Uniti will expand its B2B business, targeting e.g. cities, car sharing providers and organizations seeking to modernize their carpools or public transport mix.

The Nordic Cleantech Open top 25 companies 2014/2015

The fourth edition of the Nordic Cleantech Open saw no less than 111 companies applying. This, and the hard work of our very competent jury, ensures that the quality of the top 25 is top notch. Only the most promising among Nordic Cleantech Startups can make it all the way to the top 25.

3eflow  – Top 10 finalist
Sweden
3eflow develops and sells an innovative tap water flow solution. The technology offers complete removal of the need for hot water circulation to apartments. 3eflow technology auto-fill the pipeline only when you open the tap. The tubes are thus empty 98-99% of the time. The solution delivers increased comfort, 30% savings in water usage and huge energy savings. Additional positive effects include the fact that pipes most of the time are empty which guarantees absolute security against water damage and decreases the risk of legionella growth. The Nordic market alone looks very promising for this technology byt the real opportunities lie beyond in enven larger markets with water shortage issues and/or high energy prices. The technology is protected by 2 patent families while another 3 is in writing.

Aurelia Turbines
Finland
The company commercializes very efficient 450 kW gas turbine based on technology developed by the Lappeenranta university of technology (LUT). The Aurelia turbine has higher efficiency than any other technology in its output class. The two-stage ICR (intercooler and recuperated) process used in the turbine is well known, but the technologies needed to fully implement this are new and innovative. Aurelia Turbines is the first company that uses this process in its products. This has been achieved through development of new technology for, among other things, bearing and control, which enable the turbines function. Target customers are O&G companies, industrial sites and residential CHP. The company will not sell the turbines directly to the end customers but utilises the local and/or regional distributors instead – this is typical for the industry. The company has already signed LOI’s for 245 turbines to be delivered during the first three operational years.

Bioextrax – Top 10 finalist
Sweden
Bioextrax is focused on the development and commercialisation of a unique bio-extraction platform technology, based on the selective lysis of microbial cell walls under mild conditions using a novel propriety microbial isolate. The technology platform can be used for the efficient extraction of PHA plastics (bio-based plastics), protein hydrolysates from protein rich waste, and bio-oils from micro algae. The technology also has applications for the production of hydroxy acid monomers from PHA, and nano granules for diverse applications. For PHA producers, which is  the first application the company is targeting, the extraction technology allows for the extraction of PHA resins with a high purity, integrity and recovery, without the use of toxic solvents, and produces a sellable protein hydrolysate by-product. Producers will see process savings of up to 20%, with a faster, less energy intensive, less waste generating, and solvent free production process. The elimination of solvents will allow PHA producers to sell their products for more diverse applications.

Bioptech – Top 10 finalist
Sweden
Bioptech’s mission is to be market leading in preventing eutrophication, ensuring access to clean water, and to recycle phosphorus, thus securing food supply for a growing population. Phosphorous is the key element in eutrophication. Peak phosphorus is also approaching meaning that the world is running out of an irreplaceable nutrient for agriculture. Using innovative filter bed technology, Bioptech can both treat and recycle phosphorous in a cost effective and sustainable manner. The filter technology combines several reactive filter media, the core one being Polonite. This is the fruit of 20 years of cutting edge research and development at KTH. The material has a unique ability to adsorb all the available phosphorus. The filter also disinfects water and lessens odour. The technology is modular, scalable and cost-effective thus allowing it to be applied to all sources of phosphorus pollution. It is easy to operate and requires limited investment.

Biosampler
Finland
BioSampler offers solutions to increase productivity in the bioprocess industry. We enable optimization of the fermentation yield and we offer tools to reduce other production costs. Biosampler’s core offering is a unique automated sterile sampling system. Sampling is a widely recognized productivity bottleneck in this industry. Samples are typically taken manually which leads to errors and risks to control processes accurately. Improper sampling also means a risk for contamination. Biosampler estimates that sampling problems exist in 15.000 bioreactors around the world. The automated sampling system can easily be assembled in all these existing reactors and pipelines. Biosampler’s sampling solution is compatible with commonly utilised analysing methods and sensors. It is also compatible with both small development scale reactors and production scale reactors of all sizes. The core technology is patented.

Biosyntia
Denmark
Biosyntia produces chemicals using enzymes and cellular factories. This allows production of the same chemicals that are refined from oil today, only originating from renewable biomass instead. The key aspect of the technology is a selection system that allows only successful strain variants to be selected. This significantly reduces the time and cost needed to develop highly productive cellular factories. In one example, Biosyntia was able to screen over 16 000 potential vitamin-producing candidate cells in less than a week, and identified superior producing cells between them. Based on comparison to similar molecules, Biosyntia estimates a 40 % reduction in production costs from switching to green production. Further, biological production is less prone to oil price fluctuations and easier to scale in volumes.

Cleanfield – Top 10 finalist
Denmark
Cleanfields BioBo is an automatically driven installation, which removes or reduces organic pollution, especially hydrocarbons from large volumes of soil or sludge. It can be installed as a plug and play unit and can after completion of a cleaning service, be moved to a new location. The system utilise a number of sensors installed in the polluted material. The sensors constantly report on the progress in the biological process. Based on these on-line data a cocktail is mixed, containing only the necessary components needed, in order to optimize biological degradation. The resources used in the process are continuously reused, and will not leave any residuals after completion of the process. Each individual BioBo is controlled and supervised from a central point using internet, Since reporting to technicians and authorities are essential, this is done automatically or on demand.

Fourdeg
Finland
Fourdegs solution improves the energy efficiency in district-heated buildings. Savings are in the span of 15-30% of energy use. Also indoor temperature quality is improved and the buildings maintenance becomes more pro-active. Finally the solution improves the efficiency in the district-heating network by levelling peak loads. Fourdeg is combining the currently available solutions for small buildings with a cloud software control which then brings the increased efficiency into large buildings. The solution is different from the current large building heat exchanger room solutions as Fourdeg manages each room individually. The game changer is the load-balancing interface, which makes the solution economically feasible also for district heating companies. Fourdeg has a Euro patent family pending for its solution architecture and key features.

Free Energy Innovation – Top 10 finalist
Norway
By taking the best from the solar industry crossing it with state of the art within the heat pump industry, Free Energy Innovation has developed HYSS – Hybrid Solar System. HYSS is capable of producing an entire buildings demand of hot water and heating all year round, even in the Nordic countries, without any  supplementary heat source. The combination of the new generation of inverter controlled heat pumps and thermal solar panels, gives a SCOP (Seasonal Coefficient Of Performance) in the range 6-8, which is 2 times higher than a traditional ground source heat pump. Unique for the system is that a great part of the thermal solar energy is used to improve the efficiency of the heat pump and makes it possible to use the complete temperature range of the solar energy. High temperature is used for producing hot water, mid and low temperature solar energy is used to pre-heat liquid, from which the heat pump retrieves energy. A positive side effect is that the payback time for the investment in thermal solar is halved.

Greinon
Sweden
Greinon develops smart control system for LED lighting. The innovative component of the product is algorithms used for communication between lights and main server, and the competitive advantage is the system’s flexibility. The system saves up to 85% on energy and significantly cuts maintenance costs. The hardware can be embedded into lighting fixtures or installed as a stand-alone system. The software allows for remote control of the lights from computer or mobile device. The system adjusts the level of lighting depending on the need. Broken lamps and faulty units are also displayed, which ensures prompt and precise maintenance at low cost. Among possible features are using lights as Wi-Fi hotspots, burglar alarm, collecting statistical data of premises usage, adding light spectra that would enhance mood and increase productivity of people exposed to lighting.

Heliac
Denmark
Heliac posses the technology and IP-rights to roll-to-roll manufacture of concentrated solar plants at a 10 times lower cost than present glass-mirror based technologies. This technology has so far been demonstrated to work on a 1:10 scale model and to follow well-known physical laws. The technology is fully scalable and may be used to generate heat, cooling, electricity or steam. Predicted cost of heat is 25% of current fossil fuel based heat in Denmark and Germany and will be able to outperform natural gas and coal as the cheapest energy source for heating. The main innovation consists of three parts: A novel polymer foil based optical Fresnel element with 50% lower loss than current elements. A manufacturing method for the elements with lower cost and higher throughput. A planar plant design allowing for lower construction cost, less maintenance and less weight.

Icesolution – Top 10 finalist
Norway
Icesolution has developed a microwave-absorbing coating and intends to offer it as a retrofit de-icing solution for existing wind turbines. Globally and annually, extra electricity worth 500 M € could be produced if wind turbines were not suffering from icing problems. Over 10 000 large existing turbines lack de-icing functionality. Hot air circulation and electrical heating mats are technological alternatives, however, these solutions are difficult to implement on existing turbines. Even on new turbines, there are concerns about costly repairs, lightning sensitivity, energy consumption and time to deice. The solution enables increased production, on average +8%, and improved reliability and predictability of electricity production. There is also reduced risk of mechanical damage and fatigue by heavy ice loads. Payback times will be around 2 years.

Nordic Power Convertors – First prize winner
Denmark
Electric power converters is a 20 billion $ market. Such converters are in billions of chargers, LED lights and everyday products we never think of. Nordic Power Convertors technology cuts the size of a power converters to a fifth and the cost in half while increasing lifespan 2-5 times. The company’s first focus will be on better LED power converters, where the products will be on the market by the start of 2016. Next they will provide smaller chargers and subsequently address other attractive market possibilities. The technology builds on radio frequency research to design new topologies. Resonances between energy storing elements are used to shape the voltages and currents in the circuit. Combined with accurate timing of the switching instant, zero voltage and/or current can be achieved. It is relevant for both AC/DC and DC/DC and currently up to 100 W.

Norsepower
Finland
Norsepower harnesses wind energy to serve the world’s shipping logistics. Cargo vessel fuel costs have more than doubled during the last 10 years, and future environmental regulations keep on the pressure. Norsepower has brought to market the first and only practical auxiliary wind propulsion solution. It can be retrofitted to at least 20,000 existing vessels and generate up to 30% fuel savings. The scientific fundamentals of the Norsepower Rotor Sail are based on the well-known physics first invented by Flettner and Savonius. Norsepower has modernized the original concept completely with, among other things, a composite structure of the Rotor Sail. This enables very good balance of the rotor and helps to minimize its power consumption. The first vessel pilot was started in late November 2014, when the 20-metre prototype Rotor Sail was installed on shipping company Bore Oy’s vessel Estraden.

Paxymer – Top 10 finalist
Sweden
Paxymer has developed a patented, novel, flame retardant system for polyolefin plastics. The technology is free from halogens, persistent, bio-accumulating and toxic chemicals. It is also free from carcinogenic and endocrine disrupting chemicals. The technology is based on functional polymers and is able to provide better mechanical and processing properties compared to conventional halogen free flame-retardants due to improved compatibility with the base resins. The company works mainly in the building, transportation and electrical and electronic industries focused on the European market. Paxymer has a worldwide patent on the novel flame retardant mechanism. In summation it improves usability of polyolefin plastics without compromising safety or environmental aspects.

PURIX
Denmark
PURIX offers a unique green ‘Plug&Play’ air conditioning system that offer a 1-to-1 functionality compared to conventional systems: The products replace electricity with heat, such as solar thermal or district heating, as the main energy input. This truly green alternative system offers tangible environmental benefits, such as reduced carbon emissions and water as natural refrigerant. As the first manufacturer worldwide of small green split systems, PURIX addresses the high volume market segments for air conditioning systems. A competitive equipment cost and pre-configured systems is the result of patented product design and engineering. For typical applications, the pay back period for a PURIX air conditioning system is 0 to 5 years.

Quantum Electric
Finland
Quantum Electric designs simple and robust electric motors for electric vehicles and industrial applications that operate with high efficiency and torque over a wide rpm range. The company’s big idea is the modular stator coil structure that saves manufacturing costs and creates an electric gearbox right in the motor itself. Traditional power transmission system based on mechanical gearbox technology e.g. planetary gear systems or reduction gears are often vulnerable for erosion, damage and normal wear and tear. These problems are totally eliminated in our design because there are no moving parts in the gearbox system. A method to change connections between basic electromagnetic components during drive enables this new electric gearbox technology with no rotary or moving parts.

RecondOil – Second prize winner
Sweden
RecondOil offers a closed loop for industrial use of lube oil. By using our remanufacturing technologies it is possible to extend the life of lube oil almost endlessly. The lube oil can be remanufactured either continuously on line, while it is used, or taken out of production and remanufactured. RecondOil offers complete process solutions including fully automatic process equipment and our unique separation booster technology. This enables the same oil to be sold over and over again, in a fully circular economy use. Two initial installations are running in industrial applications at Sandvik AB for several years, verifying the technology. Several new international cooperation projects are ongoing for different industrial use. The technology is scalable and global and ready for the next step.

Refind Technologies
Sweden
Refind Technologies makes automatic sorting systems that organise the product flows in the reverse logistics chain. By visualising the products and its values in the entire value chain the systems helps reverse logistic companies, reuse and refurbishment specialists and recyclers to squeeze out us much as possible from all products to lowest possible cost.

Savroc
Finland
Savroc offers a new metal surface plating technology using trivalent chromium. Savrocs Triplehard plating method is the only cost efficient alternative to the current hard chrome technology. The technology improves the mechanical performance of demanding industrial applications, such as shock absorbers, hydraulic cylinders and valves. Triplehard coated parts will last longer as they resist better against wear and corrosion. The method also consumes less electricity and material, as the coating thickness is only a half compared with existing hard chrome coatings. The method increases the capacity 42 % in a shock absorber plating line giving a very short payback time of the investment. The Triplehard method is not hazardous to people and environment as it does not contain any toxic chrome acids that is used in existing hard chrome coating process.

Scandinavian Centriair
Sweden
Centriair is a company offering energy efficient alternatives to incineration for air treatment. The novelty of the Centriair system lies in the unique combination. A very high degree of separation of particles – oil, fat and solid particles to a micron size – is undertaken in a unique air lamella centrifuge. Destruction of vapours of volatile organic compounds as well as particles in the lower submicron range are treated using a highly efficient cold oxidation system. The high separation degree in the air lamella centrifuge enables the destruction of VOC vapours using cold oxidation that would otherwise be overloaded by particles in tough applications such as industrial frying. The starting segments are the industrial food production and Biogas/Waste industries and there are currently installations in a number of EU countries.

Txg Development
Sweden
TGX Development offers the possibility to add up to three times more wagons on an existing train in cargo operations or passenger train operations. This is done with the TXG Eco Bogie, a smart recuperating bogie with energy storage on each wagon. The Eco Bogie can be retrofitted to existing wagons and the intention is to lease it to customers. The Eco Bogie will change the behaviour on the railway market totally. The alternative to the product is to use multiple locos and separate diesel electric shunting locos. The Eco Bogie works just as well with electrical, diesel or even steam loco. It works autonomously or in a system with other wagons. Train equipped with Eco Bogie can operate even at power cuts although only slowly. Passenger trains can go to an appropriate location to evacuate customers instead of being stuck on bridges, in tunnels or in urban terrain.

Watty
Sweden
Watty is developing the next energy management tool, which will make it possible for everybody to make smart energy decisions. Getting an overview of energy spending today is very complicated, very expensive and very boring. You have to buy hardware plugs for every major appliance. Even then you cannot get things like stoves and electric boilers since they don’t have a plug. Watty can identify all of the energy use in a home with a single piece of low-cost hardware. This is a new paradigm in which advanced data analysis techniques is used to make the solution both low-cost and also very valuable, since it is possible to automatically identify which energy-saving actions or products that are suitable for each home. This requires world-class machine learning competence, which is where Watty stands out against other companies in the market.

Waves4Power
Sweden
The wave energy industry is known for spectacular and expensive failures and nobody has yet demonstrated a financially feasible & safe system. However in contrast to the competition W4P challenge the status quo in renewable energy by partnering with leading actors to offer the world a cost efficient buoy based wave energy converter system. The system is proven in multiple ocean trials and many tank tests to survive the ocean with predictable results. The focus of the competitors revolves around newly invented components for conversion systems; generators, turbines or pumps while the buoy/floater is an afterthought. W4P has realised that this is expensive, slow and unpredictable. Now they think differently and use well proven standard components for the conversion system, while the development focus revolves around perfecting the buoy.

Wirepas – third prize winner
Finland
Wirepas Pino is all about uncompromised low power wireless networking for connecting things. Pino is a solution for multi-hop mesh network, boasting reliable and deterministic performance with scale up to millions of nodes without regression. With Pino, the nodes – and nothing else – are the network. All the nodes are similar, autonomic parts of the network. The network intelligence is local, making Pino the most reactive and adaptive solution in the dynamic radio environment. Pino is all-inclusive, automatic and completely independent of any third party network manager. With Pino, you can maximise your application efficiency and reliability and build a successful IoT service business.

The Top 25 companies in 2013/2014

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The Top 25 companies in 2010/2011