The 25 selected companies bring promising and ready-to-scale innovations and market proposition. The evaluation was based on criteria like innovation, market potential, and the ability of the team to execute.
For 11 years the Nordic Cleantech Open has brought together entrepreneurs, investors, industry and government to shape the innovation landscape with the goal of building a more sustainable future. The organizer of the competition, Cleantech Scandinavia, aims to bridge the gap between innovators looking for funding and venture capital looking for new opportunities of climate impact investments.
The 25 selected companies bring promising and ready-to-scale innovations and market proposition, and they were selected out of 137 applicants by a jury of about 50 international members from venture capital firms, multinational industries, the utility sector, development agencies and the public investment scene. These experts were the ones to analyze the 137 applications based on their level of innovation, market potential and the ability of the team to execute.
Awake.AI is an optimization platform for port-bound cargo flow reducing turnaround times and waiting times by 20-30% which reduces emissions at the same rate. The logistics industry is lagging behind in automation within the digital revolution. This leads to millions of extra CO2 produced and billions of euros wasted for non-value-adding outdated basic logistic operations. The trajectory for emissions shows the industry must optimize the logistic chains, reduce the cargo flow waste and have solutions for capacity utilization increase. Awake’s AI software platform does just that.