Ireland happens to be the country that prototyped its first wooden computer. This ingenious development is enough to elicit trust in Ireland’s mission toward revolutionizing the impact on climate. But is MicroPro the only business? Certainly not, and here we have 6 Ireland-based GreenTech startups that elicit global attention to cement hope for a greener and sustainable future.
Dublin, Ireland-based Seabased is a wave energy company that provides utility-scale power parks that use ocean waves as fuel and operate independently or with offshore wind. Seabased’s ambition is to become the first Blue Energy Company to build, own, and operate Wave Power Parks around the globe. Seabased was founded in 2019 by Hans Bernhoff and Mats Leijon with the ambition to become the first Blue Energy Company to build, own, and operate Wave Power Parks around the globe. Seabased strives to generate renewable, CO2-free power in a way that is also gentle on the environment. Its wave power parks are virtually invisible and require little maintenance. The materials used and the mechanics of the parks are chosen to protect the water and the creatures that live in it.
Among the 6 Ireland-based GreenTech startups, Dublin-based Wattics is a web energy management software that connects with smart meters, sensors, and business data to provide needed analytics so your business is energy efficient. Wattics was founded in 2011 with an overall mission to fight climate change with powerful and innovative software as a service energy analytics. Wattics offers a unique cloud-based data analytics and BI platform for teams of energy consultants, energy analysts, and energy managers, which is transforming the global energy management market, allowing a better cost control and asset management from lengthy and static excel spreadsheets to enabling novel energy services that energy professionals offer to their customers at scale. On Oct 1, 2013, the company raised €650K in seed funding from Enterprise Ireland and Irrus Investments.
Dublin, Ireland-based BNRG Renewables is an international Renewable Energy development company. BNRG’s work covers all aspects of development, including site assessment, obtaining planning and grid connection rights, construction management, and long-term asset management. According to BNRG, solar energy is not only the best option to combat climate change but can also be delivered at a lower cost than traditional fossil fuel generation. BNRG has installed 148 MWs, powered about 23,690 homes, and saved 154K tons of CO2. On May 29, 2022, the company raised an amount of about $115M in a Debt Financing round from Societe Generale.
Cork, Ireland-based DARE Technology is an Irish engineering company established to develop and commercialize patented clean energy technology. DareTech design and build robust and suitable products for the environment in which they operate. DareTech utilizes the best renewable resources available at a project location. DARE Technology’s first product is a unique crane-mounted wind turbine for ships that aims to displace the use of diesel generators during vessel downtime. Using the existing crane allows for the much larger turbines to be deployed, making it a viable alternative to power the vessel during downtime and greater fuel savings and emission reductions. On May 31, 2017, The company won a €50K grant from EASME – EU Executive Agency for SMEs.
And here’s Ecocem, one of the 6 Ireland-based GreenTech startups, a cement manufacturing company. Established in 2003, it is in the manufacturing of high-performance cement, featuring the Best Available Technology for environmental performance. The cement used in the construction industry has a massive carbon footprint. This is why Ecocem is focused on making a low-carbon alternative. Ecocem manufactures ground granulated blast furnace slag (GGBS), which it claims produces 32kg CO2 emissions per ton, compared to upwards of 800kg from regular cement. According to Ecocem, The race for technological advances that will help us reach net-zero carbon emissions by 2050 is on.
One of the 6 Ireland-based GreenTech startups is the publicly listed Dublin, Ireland-based Fusion Fuel (NASDAQ: HTOO). Fusion Fuel is into the production of green hydrogen. Fusion Fuel was founded in 2017 with a mission to provide the world with innovative green hydrogen solutions that accelerate the transformation of the global energy sector and enable the sustainable reduction of carbon emissions. Fusion Fuel has developed a revolutionary new electrolyzer design – the HEVO – that will allow it to produce hydrogen using renewable energy at highly competitive costs without any associated carbon emissions. Fusion Fuel claims to avoid 25K tons of CO2 emissions and produces more than 25K tons of Green hydrogen annually by 2025. On Dec 10, 2020, the company raised $25M in a Post-IPO Equity funding.
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