Sustainability is the innovation challenge of our times. With digitalization left in the shadows, the next wave for innovation, and perhaps the most important, is innovation as the path to sustainable business. However, not all innovations can be created in-house or by the enterprise alone. Looking outside of the organization for extra forces is often a powerful force towards growth and development.
To support the development of such innovations that offer sustainable solutions, together with the open innovation catalyst Helve, Swedbank Latvija created accelerator Future Hub. This is the first open innovation accelerator in the Baltics and was designed to enable local enterprises to collaborate with leading European GreenTech startups. Five market-leading Baltic companies – Swedbank Latvija, Latvenergo, Rimi Baltic Group, Orkla Latvija, and Riga City Council joined the program in March, each presenting a business sustainability challenge. The Helve team selected the best startup solutions for cooperation with these companies. Ten best European GreenTech startups were chosen out of 160 startups from 40 countries worldwide.
Now, Future Hub celebrates the end of its first program with Demo Day on May 19! The event is both streamed on Facebook and hosted on TechChill 2021 Founder Stage! Online attendees will be able to explore solutions for food waste prevention, electric vehicle charging, multi-apartment building energy efficiency, and ESG and sustainable business solutions.
We would like to introduce the ten GreenTech players that have been collaborating with the enterprises alongside their remarkable solutions!
Meet the Future Hub startups and explore challenges they are tackling:
⚖️ Swedbank Latvia challenge: ESG analysis and monitoring
Everimpact: Environmental monitoring software solution for Cities and Companies
Ecomate: The ESG Rating platform for every company
🔋 Latvenergo challenge: Electric vehicle charging
Parking Energy: Large scale EV charging solutions for real estate
AgeVolt: E-nnovative EV charging digital ecosystem for EV users and charger owners
🏘️ Rigas Namu Parvaldnieks challenge: Energy efficiency for multi-apartment buildings
MClimate: Smart home and smart buildings IoT hardware and software solutions provider
Linc: Spectral analytics and power line communications for building digitization
🛒 Orkla challenge: Digital tool for sustainable grocery shopping
Miils: Healthy and sustainable food recommendation and
online shopping solution
Eachthing: A digital home for all things to empower conscious consumers
🍏 Rimi Baltic challenge: Food waste elimination
Plant Jammer: Recipe AI to help people cook sustainable and inspire to reduce food waste
Food 4 All: F4A is a service company aiming to reduce food waste on a supermarket level