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50 European Companies Selected to Fix the World’s Most Polluting Industries

50 European Companies Selected to Fix the World’s Most Polluting Industries, TheRecursive.com
Image credit: D2XCEL second consortium meeting in Essen, Germany (personal archive)
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As Europe pushes to reduce emissions from its most polluting industries, deep-tech startups are positioned to deliver real impact where it’s needed most. In response, D2XCEL has selected 50 deep-tech ventures to reshape logistics, freight, energy storage, construction, and smart cities. This first cohort has secured over €157 million in funding over the last 5 years, demonstrating significant growth potential that D2XCEL aims to accelerate.

This pan-European scaling program, funded by the EU, unites 300+ investors, lead customers, and innovation hubs. Their main mission is to support 100 deep tech and digital ventures. Through holistic mentoring and a series of in-person and online events, selected companies can connect, learn and showcase their potential to important network stakeholders. One such D2XCEL network stakeholder shared the importance it brings.

“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.

Transforming key industries

The first 50 companies selected for D2XCEL’s programme are tackling Europe’s most pressing sustainability challenges. Specifically, they focus on five key 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.
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After the first call for D2XCEL program, 50 ventures selected already demonstrate impressive growth potential.

50 European Companies Selected to Fix the World’s Most Polluting Industries, TheRecursive.com
D2XCEL second consortium meeting, Essen, Zollverein coal mine UNESCO site | Credit: BRYCK

Among them are innovators like Floating Power Plant which delivers reliable and renewable energy. Kelluu creates digital twins of the real world, enabling optimization in virtual environments to seamlessly integrate into real life. RECOMA gives new life to discarded waste and turns it into low-carbon, circular construction boards, and OBORTECH enables a digitized and traceable supply chain. Sakowin is an eco-conscious deep-tech company producing decarbonized hydrogen through methane plasmalysis…

The full list of selected ventures is available on the D2XCEL website.

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, HAROPA PORT, Athens International Airport, Holland Capital, ventures by delaware, Mondragon, High-Tech Gründerfonds and more.

For media inquiries or to follow the journeys of these pioneering ventures, please contact us at [email protected] or visit our website for updates.

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