The Scaleup Landing Pad Hamburg, an initiative of the Hamburg Invest business development organisation and the Ministry of Economics and Innovation, has selected five promising growth companies from a pool of international applicants: Allegro Energy, BANF, Kyoto Group, Polymertal and Tsubame BHB.
The five selected scaleups will receive personalised support until the end of the year to help them successfully establish their business in Germany. The core of the offer to the growth companies is a comprehensive matchmaking programme that brings the young companies together with established Hamburg companies. The aim is to carry out joint innovation projects and implement the new solutions locally. In addition, the scaleups receive advice and support on legal, administrative and practical issues relating to entering the German market. And these are the five scaleups:
Allegro Energy from Australia
Allegro Energy has developed innovative redox flow batteries that enable long-term, high-performance and cost-effective energy storage. The water-based technology and one hundred per cent recyclability of the materials also have a positive impact on the ESG requirements for companies.
BANF from South Korea
BANF has developed an AI-based, tyre-mountable sensor for heavy-duty transport that measures real-time tyre data, tyre wear, wheel alignment, loosened nuts and bolts, fuel efficiency and road surface information including black ice, asphalt heating, road smoothness and pothole depth. This system provides increased safety by detecting road and tyre defects, improves fuel efficiency by up to 20% and reduces tyre wear by up to 30%.
Kyoto Group from Norway
The Kyoto Group's Heatcube is a thermal energy storage solution that makes it possible to store surplus energy from renewable energy sources as heat and make it available for industrial processes in the form of steam, for example. By effectively replacing fossil fuels with renewable energy sources and molten salt energy storage, the Heatcube offers industry a concrete solution for meeting the 2030 emission targets and beyond.
Polymertal from Israel
Polymertal develops and produces innovative materials that can be used in various industries. They consist of a mixture of substrate polymers and elastic metals and offer metallic propertie characteristics. These materials are used in areas such as automotive and aerospace, for communication devices and industrial solutions. They offer high performance at minimised cost and weight and also contribute to decarbonisation.
Tsubame BHB from Japan
Tsubame BHB has developed a catalyst technology for ammonia synthesis and a production technology that breaks with the conventional idea of monopolar concentration and mass production of ammonia. It is designed for a small plant adapted to the catalyst and thus decentralises ammonia production. The advantages of this solution lie in the reduction of transport and storage costs as well as a major contribution to decarbonisation.