Aed Energy

It’s a wrap! We’ve had a busy Q2 at all the various climate tech events, and were lucky enough to get a few chances to contribute to panel conversations. Hopefully our paths crossed with you at one of these events! We also announced our new investments in Aed Energy pre-seed round, and in Cambridge Electric Cement’s seed round. Our Research and Analytics team published new blog posts spilling the tea on TEA, and what we need to modernise the grid. We also shared our thoughts about spinouts, carbon management and why we only invest in hard tech. 🔥 Aed Energy https://lnkd.in/e2CMs6fW 🏭 Cambridge Electric Cement https://lnkd.in/ejryghMP ☕️ TEA https://lnkd.in/eFwxRJRh ⚡️ Grid https://lnkd.in/eiCgeJzH 🎓 Spinouts https://lnkd.in/eQaFbMwP ⚛️ Hard tech https://lnkd.in/ecEzK5ZU 🌬 Carbon management https://lnkd.in/d9FXYwQQ We’ve got lots of plans for the summer - and a few announcements coming soon 👀 - but we’d love to hear from you if you are working on something new. 🍁 And, looking forward to seeing you all again in September. Our favourite “Back to School” event is The Drop in Malmo on 17th September - get in touch with Pippa, Max or Chloe if you would like to meet up. Watch out for applications to Chloe’s Ripple about the Grid, co-hosted with TDK Ventures' Marc Bouchet. ZCC will also be co-hosting a Super Climate party. 🏖 Hope you all have a great summer! Photos below: ✈️ Sarah at the Innovate UK Sustainable Aviation Fuel Initiative talking about how early-stage start-ups can raise money. 💸 Pippa at the Cambridge Judge Business School at the Cambridge University Energy Network Summit sharing thoughts about investing in innovation with engineering and management students. 💶 Pippa onstage at Energy Tech Summit in Bilbao exploring opportunities of catalytic capital, government-backed financing and blended finance. 🧱 Max at the EIT RawMaterials Summit in Brussels talking about decarbonising critical materials. 🌍 Pippa in London at Climate First Leadership Summit, talking about driving innovation amidst global challenges. 🍕 Max helping to kick off the new Carbon13 Berlin cohort sharing what investors are expecting from founders at ClimateTech & Pizza. 🧬 Sarah moderating the bioindustry panel at the Cleantech Scandinavia conference in Helsinki. 🚦 Pippa onstage with Undaunted: Tackling climate change with innovation during London Climate Action Week talking about signals, trends & levers in the climate innovation ecosystem. (and a bonus photo of our team dinner 😋)

Excellent to welcome an engaged audience to our Innovation Hub at The Royal Institution on Monday for #LCAW2024, and really wonderful to see how London Climate Action Week is flourishing year-on-year... so much so, that there's just too much for one person/team to cover in entirety! So, what have you been getting up to this #LCAW? Tell us your highlights so far in the comments ⤵ 💜 Thank you to everyone who joined us for our Innovation Showcase! 💜 🗨 Our panellists, who shared their perspectives and sparked interesting discussions on our themes of: 🤝 Co-creating the Future: Signals, Trends & Levers in the Climate Innovation Ecosystem and 💸 London’s Green Economy: How Innovators Deliver Growth. The panel discussions will be available to watch again shortly - stay in-the-loop by signing up to our newsletter: https://lnkd.in/egeHQEBg 🎤 Our fab MC Yewande Akinola MBE FIET HonFREng 💭 Our audience, who approached the panel discussions thoughtfully and asked insightful questions that got us all thinking 💚 15 of our brilliant alumni startups who took part in the Showcase, and whose passion for tackling climate change is invigorating and inspiring: Anzen - the world's first climate wall with integrated heating, cooling, and heat recovery ventilation Vox Aeris - lowering the energy and maintenance costs associated with air filtration Cyanoskin - a living paint designed to absorb pollution Firstplanit - the world's most intelligent greener planning tool to simplify complex material decisions Isometric Outcomes - a social enterprise specialising in engineering product design PulpaTronics - revolutionary metal-free and chipless RFID tags made to preserve our natural resources Aed Energy - low-cost, long-duration energy storage Team Repair - kits that let kids get hands-on with real products, developing an intrinsic interest in how things work Algreen Ltd. - a renewable chemical company focusing on the development of environmental sustainable solutions for a green future Olsights - clean energy data visualisation and application developer Treeconomy - using satellite & drone remote sensing data & AI to bring trust and data to nature-based carbon removal Evotrack - using AI to make EV charging more profitable nodum - a revolutionary product that will help bring cheaper EV charging to people who live in terraced homes Agave Networks - revolutionising the scrap metal export industry Radiant Matter - developing a new generation of nature-inspired colour effects to help the textile industry dramatically reduce its environmental impact Grantham Institute - Climate Change and the Environment Elissa Brunato Alex Conway Lucy Yu Pippa Gawley Peter Runacres

Two great opportunities for you to better get to know our mission and the path to joining it. One accessible from all over the world, one especially for everyone in and around Berlin: 1️⃣ Webinar on Tuesday, 9th July at 17:30 GMT 1 / 18:30 CEST Learn from Oliver Weber, CTO and Cofounder of Aed Energy (Cambridge Cohort 4) what it feels like to embark on the entrepreneurial path in the climate tech world.. 🛤 🤳 Link in comments 2️⃣ CLIMATE TECH & PIZZA in Berlin: How to pitch and assess climate deeptech on Tuesday, 2nd July at 17:30 We talk about the experiences of both deep tech investors and founders, and explore the question of how to evaluate and explain solutions so profound that understanding them is a very challenging task. These deep tech experts are with us: Dong (Xiangdong) Zhao, Cofounder @fungtional.bio Melina Sánchez Montañés, Principal AENU Iris ten Have, PhD, Founding Principal @TOMORROW Moritz Vohler, Impact Investor better ventures Maxi Pethö-Schramm, Investment Manager HV Capital Aurianne Legris, ClimateTech & DeepTech investor Honda Innovations Filip Valusiak, Head of Operations Techspace 🤳 Link in comments Will we see you soon? 💚

What innovative startup would you create if energy costs were nearly free? 🌞 The rapid expansion of solar energy is reshaping industries globally with no signs of slowing down. Forecasts consistently underestimate its potential. Don't believe solar energy works at night? As The Economist states battery prices have plummeted by 90%, and there are emerging long-lasting energy solutions such as Aed Energy in our portfolio. Unlike traditional energy sources reliant on finite resources like oil, solar power leverages abundant materials like silicon-rich sand and human creativity for solar cell production. So, at some point this century founders will think about businesses based on nearly free energy. #SolarEnergy #RenewableFuture #CleanTech #climatetech #startups 💡🔋🌍

A very warm welcome to Sanjana Ramesh who has joined the Aed Energy team as R&D Electrical Engineer in our London office! With a strong passion for championing sustainability and decarbonisation, Sanjana brings valuable project-level energy storage system (ESS) integration expertise to support our mission to accelerate access to affordable, clean energy worldwide. We look forward to the exciting contributions and new perspectives she will bring to our projects. Welcome to the team Sanjana! #TeamAedEnergy #Innovation #RenewableEnergy #Sustainability #Welcome #ThermalStorage #EnergyStorage

As detailed in the The Financial Times, the G7 countries are setting ambitious goals to increase global electricity storage capacity by 6.5x, aiming to reach 1,500 GW by 2030. This monumental increase, up from 230 GW in 2022, underscores the critical role of energy storage in integrating renewable sources like solar and wind into our energy grids. #EnergyStorage #RenewableEnergy #G7Summit #Sustainability #Innovation https://lnkd.in/gCe9PqRU

Congratulations to Aed Energy for closing their round with such fantastic investors 👏 The creation of energy grabs a lot of the headlines, but it's long term energy storage which will unlock the true potential of renewables ⚡

🔥 Heat wave: ZCC invests in Aed Energy 💸 We are thrilled to announce our #investment in Aed Energy, a long-duration energy storage (#LDES) company combining cost-effective thermal storage with state-of-the-art #photovoltaics to build super-cheap, modular electricity storage. 🔋 For intermittent #RenewableEnergy to deliver the majority of our electricity needs we will require the addition of significant long-duration storage to our electricity system. Some of that storage will be added at the grid level, some will sit in front of renewable generation, some will sit with end-users and some will support the operation of micro-grids. #Microgrids are sites that are not connected to the grid but have a need for electricity - sometimes industrial sites in remote locations, sometimes like hospitals because they wish to be self-sufficient from flaky national infrastructure and sometimes just because there is no grid! There are a huge number of micro-grids today - the market for microgrids in 2023 was over $30bn. We believe there will be many more as we see industrial growth in developing countries and the 700m people living without electricity today come online. ⚡️ Aed Energy’s low cost, modular solution, when paired with solar or wind generation, is an ideal candidate to enable these many micro-grids to access consistent, cheap 24/7 electricity. Because not all of the heat energy from Aed Energy’s battery can be turned into electricity, these sites get access to high-temperature heat energy too, useful for industrial heat or district heating. A two-for-one deal! We think there are lots of opportunities in this long-duration energy storage space, both for heat and electricity across sites with highly variable characteristics, and we are super excited to take our first step into it with Rayan, Oliver and Michael. Read more on our blog: https://lnkd.in/e2CMs6fW See Aed Energy's announcement: https://lnkd.in/e2zarwEB

🎉 Aed Energy closes pre-seed funding to build MWh-scale thermal battery 🚀 We are thrilled to announce that we've just closed our pre-seed funding round     marking a significant milestone in our mission to accelerate access to affordable, clean energy worldwide. This investment takes us a step closer to launching our first MWh-scale thermal battery delivering low cost, long-duration storage dispatchable as electricity and heat.    A big thank you to the deeply collaborative investors that made up the round - led by Zero Carbon Capital Pippa Gawley Alex Gawley with substantial participation from Dhyan Ventures Amar Shah, Duncan Grierson, & Stephen Murdoch. With their support, we’re well on track to bring transformative energy storage to market. We are also especially grateful to our partners at Carbon13 for the spark⚡that launched our company, to Cranfield University for their startup R&D grant support, and to the Greenhouse Programme by Undaunted: Tackling climate change with innovation for the practical, no-nonsense accelerator guidance levelling up our game. Reach out for info and collaboration… We’re just getting started! #CarbonFree #CleanEnergy #EnergyStorage #Innovation #SustainableDevelopment #DiversityInTech #AedEnergy #RenewableEnergy