Monthly update from our startups

Milan is an exciting city for startups and innovators, and Atelier Riforma, a former 2022 Green Alley Award Finalist, knows how to make good use of these great opportunities. In fact, the founders attended the “Mate.ria Tessile” event, organized by the Politecnico di Milano in the context of the Festival of Sustainable Development. The theme of the 2-day meeting was “the complexity of enhancing #textilewaste” in a sustainable way, since two major changes await in the Italian textile industry:  on one hand the implementation of the Italian EPR (Extended Producer Responsibility) regime on textiles and on the other the creation of new #Textilehub in Italy. Another important focus of the event was the intersection between the fashion industry and architecture.

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BCome, Green Alley Award Finalist 2023, has participated in the Google for the Startups Accelerator: Climate Change Demo Day in London. This accelerator program aims to bring together various of the Google's programs, products, people and technology to 12 startups that focus on climate and tech. In addition to mentorship and technical project support, the program also focuses on product design, customer acquisition and leadership development for founders. To meet the selection criteria, each of these startups use AI/ML to solve their business challenges, generating revenue, and between their Seed to Series A funding stage or equivalent. Furthermore, there are multiple benefits for the startups, among which we can mention: equity-free support, mentoring, training, strategic support and much more.

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Taking part in an event is a fundamental step for most startups and Gelatex, 2019 Green Alley Award Winner, recognizes its importance. The co-founders participated in the Latitude59 startup and tech event to discuss various topics: at the Thinking in Billions side event in the panel discussion moderated by the former president of Estonia Kersti Kaljulaid, they analysed the collaboration between the public and private sectors and then conversed on how to nurture society by enhancing the benefits of new technologies and how regulatory framework can be both supportive but also constraining for startups. Latitude59 brings together the Baltic, Nordic and North-eastern Europe’s tech ecosystem and provide a platform for entrepreneurs, investors and leaders to learn, connect and network.

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Kaputt.de has started a new exiting partnership with Instabox, a Swedish technology company and part of the Instabee Group, which specializes in sustainable deliveries shipping and delivering. Working with Instabox represents an important step for the company as it will open new delivery options for their customers and will add flexibility and sustainability to Instabox. Moreover, to deliver through these boxes will not only be faster and more reliable, but also more sustainable, as a large number of packages can be delivered at once. This collaboration has very positive impact on the environment as it leads to a minimization of the number of parcel delivered with vans in city centres and thus contributes to a reduction in CO2 emissions.

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May was an exciting month for the 2021 Green Alley Award Winner, Traceless Material: for the construction of their demonstration production plant, they have received a € 5 million funds from the Environmental Innovation Programme of the German Federal Environment Ministry (BMUV) which supports companies in innovative, large-scale pilot projects to reduce environmental impact. The company, for the first time, will be able to scale at an industrial level their innovative plant-based biomaterial technology in Hamburg. This is an important step because the startup will be able to substitute several thousand metric tons of conventional plastic each year with their natural biomaterial traceless®, and thereby save a considerable amount of CO2 emissions, fossil resources, water and agricultural land.
Congratulations to the team!

Super thrilled when we read the big news: Voltfang have received an investment of a €5 million funding from a consortium of investors led by PT1. This financing seed will enable the startup to further expand the production of the certified Voltfang Industrials and at the same time will bring more sustainable storage capacity to the market. With this technology, Voltfang wishes to turn the storage and energy market upside down and replace new battery storage systems in the market. Proptech1, a fully independent early-stage venture capital platform, invests and supports #Futurebuilders: innovative entrepreneurs from across Europe that tackle the global challenges of our time created by increasing scarcity of natural resources, affordable living space and skilled labour.

Keep up with the great work!