As Europe faces an urgent need to combat its most polluting industries, D2XCEL has selected 50 innovative deep-tech ventures with a combined funding of over €157 million, poised to lead the charge in logistics, freight transportation, energy storage, construction, and smart cities.
D2XCEL is a pan-European scaling program, funded by the EU, uniting 300+ investors, lead customers, and innovation hubs to support 100 deep tech and digital ventures. Through holistic mentoring and a series of in-person and online events, startups can connect with the network stakeholders, showcasing their potential and driving significant business growth across Europe.
“Innovation is the foundation for progress, competitiveness, and prosperity. Supporting ventures that combine economic and societal value creation through decarbonization solutions is a passion of mine.”, says Wolfgang Lehmacher, Board Member, Executive Advisor, and Business Angel at Wolfgang Lehmacher, former Head of Supply Chain and Transport Industries at the World Economic Forum, and D2XCEL network stakeholder.
Transforming key industries
The 50 selected companies in D2XCEL’s first cohort are tackling Europe’s most pressing sustainability challenges across five market opportunities.
In logistics, startups are focused on simplifying and enhancing global supply chains across Freight tech, Warehouse Tech, and Last Mile Delivery.
Companies in sustainable freight transportation are developing hydrogen and battery-electric trucks, trains, ships, and planes to enable cleaner, more efficient transport systems.
Large-scale stationary energy storage ventures aim to tackle the challenge of intermittent renewable energy sources by creating solutions for managing seasonal energy supply and demand fluctuations.
In sustainable and circular construction, startups are developing innovative materials and methods to minimize environmental impact.
Companies providing AI-powered digital services for smart cities are leveraging advanced algorithms and data analytics to optimize resource management, improve citizen services, and create smarter, more efficient urban environments.
Startup potential
With a combined funding of over €157 million raised over the past five years, the startups demonstrate impressive growth potential. Among the cohort are innovators like Floating Power Plant, Kelluu, Clean Sea Solutions, RECOMA, Soletair Power, OBORTECH, and Sakowin, to name a few, —each pioneering groundbreaking solutions in their respective fields. The full list of selected ventures is available on the D2XCEL website.
Through the power of scaling and the D2XCEL network, the ventures have the opportunity to become key players in rebuilding Europe’s sustainability and industrial sovereignty, contributing to a greener future and boosting Europe’s competitive edge globally.
The 360° mentoring program and network
Over the next six months, the selected ventures will receive comprehensive mentoring, including personalized sessions from leading mentors to address business challenges, special topic webinars on key topics like fundraising, internationalization, and IPR, as well as on-demand consultations from network experts.
Some prominent investors and lead customers include Swiss Post Ventures, World Fund, Eurobank, Procter & Gamble, Holland Capital, HAROPA PORT, Athens International Airport, Mondragon VC, High-Tech Gründerfonds and more.
