CogX Best Climate Innovation Award

CogX Best Climate Innovation Award

 

Solving the climate crisis presents the single greatest opportunity of the last 200 years. Galvanising the potential of technology is urgent to achieving our climate goals. The CogX Climate Innovation Award, run in partnership with DeepTech Labs, celebrates the companies working at the forefront of the climate challenge. We heard from some of the shortlisted companies to decide the Best Climate Innovation Award winner alongside our judges: Miles Kirby, CEO of Deeptech Labs, Sarah Jones, Senior Venture Manager at Creative Destruction Lab, Akriti Dokania, Investment Manager, Octopus Ventures and Heather Delaney, Founder & Managing Director, Gallium Ventures. 

 

After a short welcome by our moderator, Marcel Hedman, Founder of Nural Research, and Graham Stuart, Minister for Export in the Department for International Trade (DIT), the four shortlisted finalists were invited to present their pitches.

 

Adam Durant, the CEO of Satavia, started off his presentation by highlighting that, “CO2 is not the only cause of climate change…in the case of aviation, 60% of the impact comes from aircraft contrails.” Over the past months, his company has been working with airlines to evaluate opportunities in flight planning that could minimize this hazardous phenomenon, hoping to provide carbon offset credits and “build a sustainable business model” that could harmonise the needs of the planet with the needs of the aviation industry. By using their 5-DX software, a digital twin of the earth’s atmosphere, Satavia helps airlines adjust their flight plans to “avoid the parts of airspace that form contrails that last long enough to affect climate.”

 

The second pitch was presented by Simon Hombersley, CEO of Xampla, a University of Cambridge spin-out that aims to address marine plastic pollution by creating its own natural materials out of plant-protein, focusing on sustainability and scalability. Currently working on replacement products for microplastics and single-use plastic films, by 2040 the company is looking to become one of the world’s “bio-based majors…supplying plastic made from plants.”

 

Gil Karie, Director of Innovation at Ignite Power, shared his company’s vision of providing electricity to the 750 million people around the world still forced to live without this basic resource. Ignite Power provides communities, especially across the Sub-Saharan region, with “affordable, sustainable, off-grid solar home systems,” using big data analytics for proactive risk mitigation. To this day, they have supplied 1.5 million people with electricity, saving 120,000 tons of greenhouse gas emissions, and creating 3,500 local job opportunities, one third of which are held by women.

 

The final pitch was delivered by Brittany Harris, CEO and Co-Founder of Qualis Flow, targeting the environmental degradation caused by construction work, an industry that is responsible for 40% of global carbon emissions and raw material consumption. To address this issue, which also proves a significant risk to the populations that end up inhabiting buildings constructed with these materials, as seen in the tragic fire at Grenfell tower four years ago, Qflow automates and digitizes the capture of on-site materials, making this data accessible and integratable within current work flows, and allowing the elimination of waste via these insights.

 

Following their individual Q&A’s with each shortlisted company, our brilliant judges, Heather Delaney, Akriti Dokania, Miles Kirby, and Sarah Jones, arrived at a final judgement on who would win the CogX Best Climate Innovation Award: Qualis Flow!

 

Congratulations to Brittany and her co-founder on their phenomenal achievement, and we at CogX cannot wait to see what the future holds for all of our wonderful nominees.

 

PS: Our partner for this session, DeepTech Labs, are open to applications to attend their demo day in September, which will be  focused on climate tech, AI, and ML. If you are interested in attending, please visit their website.

Recommend0 recommendationsPublished in Blog, CogX Festival 2021

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