TechX Accelerator

Venture Capital United Kingdom ·Founded 2018

Overview

The TechX Accelerator, based in Aberdeen, United Kingdom, is an intensive program designed to support early-stage companies developing clean energy technologies. The program offers grants up to £50,000 to selected startups, aiming to accelerate the transition to a net-zero energy industry. Participants receive tailored mentorship and access to the Net Zero Technology Centre's extensive industry network, including partnerships with major energy companies. The accelerator focuses on startups working in key low-carbon energy areas such as carbon capture, renewables, hydrogen, alternative fuels, and industrial decarbonisation. Technologies supported include energy storage, digital monitoring, and autonomous vessels. The program culminates in a Demo Day, where startups pitch their solutions to investors and industry leaders, with the opportunity to win additional cash prizes. Since its inception, the TechX Accelerator has supported numerous startups, many of which have secured significant funding and partnerships. The program has a proven track record of fostering innovation in the clean energy sector, contributing to the UK's efforts in achieving net-zero emissions and enhancing energy security.

Investment Focus

  • Early-stage companies developing clean energy technologies
  • Alignment with net-zero energy industry goals
  • Potential for significant impact in the clean energy sector

Portfolio Companies

Plasma2X

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Frequently asked questions about TechX Accelerator

What sectors does TechX Accelerator invest in?

TechX Accelerator invests in Energy, Renewable Energy, Sustainability, Carbon Capture, Environmental Services and Offshore Wind, and is based in United Kingdom. TechX Accelerator is listed as a venture capital in the ConnectSafely investor database.

What stage does TechX Accelerator invest at?

TechX Accelerator backs companies at Seed, Early Stage, Series A, Series B and Growth, writing cheques of 50K - 50K.

Which regions does TechX Accelerator invest in?

TechX Accelerator invests across United Kingdom.

What companies has TechX Accelerator invested in?

TechX Accelerator's portfolio includes Plasma2X.

Last updated · Source: ConnectSafely investor database