On December 8th at 1PM, the inaugural class of the Techstars Alabama EnergyTech Accelerator participated in Demo Day, a culmination of 13 weeks of hard work. Didn’t get to watch the livestream? Don’t worry—we’ve got all the deets.
Catch the Livestream Here
Aren’t you glad we live in an age where we can watch programs AFTER they originally ran? If you haven’t had a chance to watch the 50-minute Techstars Alabama EnergyTech Accelerator Demo Day 2020, trust me—it’s worth it.
Techstars itself is a worldwide seed accelerator and platform for investment in innovation, founded in Boulder, Colorado in 2006. Its mission? To attract promising startups from around the world to cities, such as Birmingham. In fact, the Techstars Alabama EnergyTech Accelerator is supported by some of the biggest players in the Alabama business scene: Alabama Power, the Alabama Department of Commerce, the Economic Development Partnership of Alabama, Altec, PowerSouth and the University of Alabama.
So What is Demo Day?
The Techstars Alabama EnergyTech Accelerator Demo Day is exactly what it sounds like. During Tuesday’s livestream, each of the ten participating startups got a chance to explain their business and pitch themselves to potential investors.
Since the inaugural class was announced in September, the ten startups participated in a 13-week course full of mentorship and coaching from the best business minds in Alabama. But it wasn’t all work—in fact, they participate in a huge paintball game as a team-building activity!
Meet the Talent
Leading the Techstars Alabama EnergyTech Accelerator was Birmingham’s own Nate Schmidt, the CEO of Instagift. Since Nate Schmidt is a Techstars Alum himself, he is perfectly qualified to lead Alabama’s inaugural class.
Since the inaugural Techstars Alabama EnergyTech Accelerator focused on innovations in energy technology, each of the participating companies specialized in some form of the energy sector.
- Ashipa Electric (Birmingham, AL) — An energy company focused on developing power-generating assets and delivering reliable and resilient power to their clients, especially in underserved communities in Africa.
- EnergyHawk (Boston, MA) — A mapping platform that uses satellite imagery to find the best energy facilities for their clients.
- Project Canary (Denver, CO) — Using custom-built sensors, Project Canary aims to reduce the release of methane into the atmosphere by continuously monitoring thousands of remote sites.
- Resilient Power Systems (Atlanta, GA) — Focused on addressing the upcoming power grid upgrades needed for the mass transition to electric vehicles.
- con.doit (Birmingham, AL) — An electrical system mapping and circuit analysis software that walks each user through the careful collection and analysis of electrical system data.
- Sync Energy (New York, NY) — Creating a user-friendly artificial intelligence-based predictive software for energy analytics.
- Elektrik (Salt Lake City, UT) — Developing an app and online marketplace to help users in the electrical equipment industry easily find compatible cable parts, brands and accessories.
- TruSpin (Birmingham, AL) — Aiming to commercialize a new, efficient electro-spinning method to mass-produce nanomaterials.
- ShipeShape AI (Austin, TX) — A “check engine light” for your home, ShipeShape AI sensor kits scan for irregularities in a home’s systems.
- Virimodo (New York, NY) — Offering a clean energy subscription service to help building owners power households with renewable energy.
To learn more about each of the participating teams, read our previous article. And if you’d like to connect directly with the companies, visit their page on Techstars.