OsmoBlue wins finals of Climate-KIC European Venture Competition

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23.10.2013

OsmoBlue has won the €40.000 first prize in the European finals of Climate-KIC’s 2013 Venture Competition

Switzerland-based OsmoBlue pitched a sustainable and profitable technology for recycling low-temperature waste heat. OsmoBlue’s patented technology converts low-temperature heat, as low as 30°C, into electricity. The system is scalable and can produce hundreds of kW to tens of MW of electricity.

The prizes were awarded after a pitching session at Climate-KIC’s annual Innovation Festival which is being held in Wroclaw, Poland this week.  A total of 13 start-ups were judged by a panel of investors and representatives from industry as well as the hundreds of climate innovators in the audience who voted for their favorite start-up by sending a text message.

Climate-KIC’s 2013 Venture Competition is one of its tools designed to generate more clean-tech start-ups and accelerate their business development and part of the Acceleration Programme.

All finalists that have competed in Poland today have been selected over the previous months though competitions organised by Climate-KIC’s national and regional centres.

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