Brill Power wins New Energy Challenge
28 sep. 2017
Jury praises winner for high potential energy-changing innovation
Technology that increases the lifetime and reliability of battery packs snatched the top prize at the New Energy Challenge 2017. Start-up company Brill Power Ltd from the United Kingdom won a 100,000 euro convertible loan. Brill Power’s innovative technology had the best fit with the challenge profile: a real game-changer that can contribute to shaping a low-carbon energy system for the future.
Group photo of winners of New Energy Challenge
LNG bunkerschip gecharterd van Victrol N.V. en CFT
Carolyn Hicks, Brill Power’s Head of Finance said: “We are really thrilled to have won. The New Energy Challenge is about so much more than winning. The interaction and collaboration with specialists, the jury members and the other start-ups during EnergyFest was a reward in itself.”
The top-20 finalists participated in an intense finals week which culminated in the top ten pitching for the jury during EnergyFest in Amsterdam on September 28. A record number of 246 ideas were submitted for the Challenge, an initiative by Shell Technology Ventures, Rockstart and YES!Delft. Twenty finalists were then short-listed to participate in the finals week from 24-28 September in Amsterdam. Solutions presented by the finalists ranged from deriving power from extreme heat to an ice thermal energy storage system, and from energy generated by waves to an energy marketplace. Brill Power’s winning solution improves multi-cell battery performance with intelligent control technology.
“We need to fast-track the development and commercialization of new energy solutions – from technologies to business models if we are to succeed in the energy transition,” said jury member Geert van de Wouw, Manager for Shell Technology Ventures in Shell’s New Energy business.
“The New Energy Challenge winner, Brill Power, is a perfect example of this kind of technology, and overall we were extremely impressed by the high quality of the startups in this competition.”
Runner-ups: Solaris Offgrid and HySiLabs
Brill Power will receive a €100,000 convertible loan and business advice from Shell Technology Ventures for at least one year. The runner-ups, Solaris Offgrid from Spain and HySiLabs from France, will enter the Rockstart & YES!Delft accelerator programs respectively and receive a cash prize to move their business forward.
Van de Wouw: “New collaborations with innovative entrepreneurs are a cornerstone to our success, so Shell will continue to create opportunities like EnergyFest to convene start-ups/scale-ups, venture funds and corporates. We had around 500 great people come together to see the New Energy Challenge outcome – presented by Prince Constantijn van Oranje - and make quality connections; that’s proof that important work is being done in this space.”
About the winner and runner-ups New Energy Challenge 2017
Winner: Brill Power Ltd. from the United Kingdom
Brill Power's solution relies on a technology that increases the lifetime and reliability of a battery pack by enabling individual control of each lithium-ion cell. (www.brillpower.com)
Runner-up: Solaris Offgrid from Spain
Through a modular pay-as-you-go solar energy platform, Solaris Offgrid creates affordable access to energy, products, and connectivity for more than 1 billion people who live without access to modern forms of energy. (www.solarisoffgrid.com)
Runner-up: HySiLabs from France
HySiLabs developed a hydrogen-based liquid fuel that is readily available, stable, non-toxic, non-explosive, generates no emissions, and is easy to transport and store. HySiLabs fuel is the only non-emissions-generating liquid hydrogen source that requires no energy input to produce hydrogen. (www.hysilabs.com)
About the New Energy Challenge
The New Energy Challenge 2017 edition was centered around the theme “Raising the bar,” calling for start-ups from Europe and Israel working at the crossroads of integrated energy solutions, connected customers and smart energies, with the potential of contributing to a lower-carbon energy system. The period for submission ran from 7 June to 19 July 2017.
The winners were selected by the jury – Geert van de Wouw, Shell Technology Ventures; Freerk Bisschop, Director at Rockstart; Evert Jaap Lugt, Managing Director at YES!Delft; and, Monique Blokpoel, owner of PoweredbyBlokpoel & co-founder of Female Ventures - at EnergyFest in Amsterdam on September 28. See www.newenergychallenge.com.
EnergyFest brings together startups, scaleups, investors and corporate innovators for an exciting day of energy innovation, entrepreneurship and business development. EnergyFest 2017 explored the cross-sector collaborations, innovative technologies and range of solutions needed for the energy transition through panel debates, keynotes, Q&A sessions, startup crash-courses and a deployment market. The best and brightest minds shared their views on the themes of decentralised energy, big disruptors and the future of mobility. See www.energyfesteurope.com.
Shell Technology Ventures
Shell Technology Ventures is the corporate venture capital arm of Royal Dutch Shell plc (“Shell”). With major offices in Europe and the USA, STV invests in technology companies to enhance the development of new technologies that have the potential to create substantial deployment value in Shell. Continuing Shell’s tradition in venture capital since 1997, STV’s investment focus includes oil & gas technologies, renewable energy technologies and business models and IT. STV co-invests with other corporate investors, venture capital funds and angels and will invest in both early stage and late stage (growth capital) companies. For more information, visit www.shell.com/techventures.
YES!Delft is a tech incubator that helps entrepreneurs to build and grow leading technology companies. Its programs turn promising ideas and teams into solid start-ups and successful companies. YES!Delft offers graduates, scientists, engineers and professionals guidance in their startup journey. Its programs focus on customer validation and long term growth of complex technologies. The YES!Delft network offers access to mentors, experts, investors and partners who share their know-how, network and experience.
Rockstart, one of Europe's first multi-vertical startup accelerators, was founded in Amsterdam in 2011 with a goal to support start-ups the first 1,000 days of existence. Since then Rockstart has become the specialist in building entire innovation ecosystems around specific domains—such as Digital Health and Smart Energy. Rockstart is actively building up entrepreneurial infrastructures around the world with its acceleration verticals, as well as early-stage startup programs, Rockstart Impact and Rockstart Launchtrack. Since the inception, Rockstart has invested in more than 100 start-ups and supported them in their journey to raise more than €45 million and hire more than 600 people. Rockstart is an international team of 40+ professionals dedicated to support and empower start-ups to become scalable and change their world for the better.
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