Hitachi Vitality Startup Effort 2024 awards Pond Biomaterials and Composite Recycling for sustainability innovations

The Hitachi Vitality Startup Effort, in collaboration with Sweden-essentially based innovation growth hub SynerLeap, concluded final week. Two winners amongst six finalist startup companies had been chosen after a final workshop on the firm´s headquarters in Zurich, Switzerland.

The competition, launched in March this year, received submissions from round 30 worldwide locations everywhere the realm. It challenged startups and scale-americato invent a sustainable resolution conception for the Grid Integration and Transformers’ companies. After an intensive evaluation, a select out community of entrepreneurs participated in pre-coaching webinars with Hitachi Vitality experts for over 10 days and introduced a resolution pitch. Six finalists went forward to the final tournament in Zurich to pitch their solutions to a jury that included the firm’s most prominent experts in know-how and sustainability.

The winners will rep a collaboration mission prize of up to $30,000 and the likelihood to turn out to be Hitachi Vitality’s strategic companions by setting up their solutions for a joint near to its buyer database worldwide.

The winners

Pond Biomaterials, a biotech firm specializing in remodeling merchandise into fully biobased and biodegradable solutions, won the mission for the Grid Integration Business Unit’s song, “Sustainability innovation for excessive voltage systems,” by proposing an modern bio-substitute to substitute perfluoroalkyl and polyfluoroalkyl substances (PFAS) ingredients.

Composite Recycling, the startup dedicated to recycling glass fiber bolstered plastics (GFRP) into reclaimed glass fibers and pyrolysis oil, won the mission for the Transformers Business Unit proposal, “Circular solutions for an getting old installed unsuitable of transformers at pause-of-lifestyles,” by presenting a resolution that will perchance well again Hitachi Vitality on its fling to decrease the waste to landfill, facilitating recycling and supporting circularity while being vitality efficient.