Business Creation
EU flag

Altris and NitroCapt ranked among the Nordic Cleantech Open Top 25

August 19, 2021

For 10 years the Nordic Cleantech Open competition has served as an observation tower for the up and coming cleantech innovation trends  that will support the transition to a low carbon reality.

We are please to see two of EIT InnoEnergy supported start-ups ranked among the Nordic Cleantech Open Top 25 most innovative companies revealed today by Cleantech Scandinavia.

The 10th edition of the Nordic Cleantech Open received 139 applications from the Nordics and the Baltics. These were assessed by a jury of approx. 50 international members from venture capital firms, multinational industries, utilities, development agencies and the public investment scene based on their level of innovation, market potential and the ability of the team to execute. The Top 25 most innovative, promising and ready-to-scale start-ups from the Nordic Cleantech Open were announced earlier today – among them, Altris and NitroCapt.

Altris specialises in producing highly sustainable cathode materials for rechargeable sodium batteries. Altris was founded on the idea that in order for a truly sustainable future to be realised, safer, more environmentally friendly and affordable batteries are vital. This is why they today produce the world’s first high performing positive electrode material made from completely renewable and low-cost materials.

NitroCapt is developing a new radical, fossil-free technology for the fixation of nitrogen from the air to make commercial nitrogen fertilizer. Air, water and electricity are the only inputs and the process has no emissions. As the production of nitrogen fertilizer today causes approx. 2.5 % of the global fossil-based greenhouse gas emissions, their process has potential to strongly contribute to a shift towards sustainable agriculture. It can indeed be powered by intermittent renewable electricity even without an electric grid and is financially attractive already on a small scale. The development is carried out in collaboration with top researchers at four European universities.

In a next phase, they will meet the jury in Southern Sweden on 22-23 September where they will get to pitch and present their case while also participating in one-to-one meetings, among other mingling activities. Following this, the jury will select the Top 10 that will join the Nordic Cleantech Open Finals together with Cleantech Scandinavia’s main event Cleantech Capital Day on 16-17 November, in Malmö, Sweden. Good luck to them!

For more information: nordiccleantechopen.com