A company developing technology that would allow buildings to be heated with computer power has been named Europe’s best climate venture.
The Netherlands-based Nerdalize, which has developed what they call e-Radiators – dual use systems serving as computer servers as well as heaters - has been selected by a jury of experts from eight finalists of the 2015 Venture Competition organised by Europe’s main climate innovation initiative Climate-KIC.
The start-up will receive €40,000 to take their business off the ground. Nerdalize is already trialling its systems in the Netherlands in cooperation with energy firm Eneco. As part of the trial, the heat-generating data-centres have been installed in five institutions including the Leiden University Medical Centre to help cut utility bills.
“We are absolutely over the moon with winning this competition,” said Boaz Leupe and Florian Schneider, co-founders of Nerdalize. “Winning this prize will enable us to grow our team and scale our business.”
Nerdalize, together with 23 other participants of the competition worked with coaches and industry experts as part of an Accelerator programme. Eight best ideas were eventually selected for presentation to the jury.
“The climate venture Nerdalize features breakthrough technology, combining ICT/telecom with energy, creating the opportunity for every telecom company to enter the energy market,” said Marga Hoek, CEO of The Dutch Sustainable Business Association and chair of the jury. “Their solution cuts through business sectors and has huge potential impact.”
The second place, with a €20,000 cash prize, was awarded to Mobile Solarkraftwerke Afrika, a German company developing portable solar power plants for developing countries that can be transported inside containers on trucks.
The €5,000 third prize went to Fleet Cleaner, also from the Netherlands, and their cleaning and inspection robots for ships.