Free Electrons – Silicon Valley Module #1
See what we got up to recently in Silicon Valley as one of 12 energy start-ups chosen to be part of the Free Electrons accelerator program
Free Electrons, the global energy startup accelerator program that connects the world’s most promising startups with leading utility companies kicked off it’s first module in Silicon Valley. Twelve energy startups and eight utilities from around the world convened in San Francisco to explore potential utility-startup partnership opportunities.
On Day 1, the accelerator partners kicked off Free Electrons with an orientation followed by a string of utility-startup pitches, with the goal of building knowledge around their vision, product and challenges.
On Day 2, both utilities and startups brainstormed together to define the roadmap to success.
On Day 3, startups immersed themselves in the local cleantech innovation ecosystem by spending a full day at Powerhouse, an intelligent energy incubator and accelerator in Oakland. They engaged in peer-to-peer conversations with other energy startups in Powerhouse and the Bay Area, connected with local investors in rapid one-on-one meetings and most importantly finished the day with “beers and cheers” on the rooftop.
On Day 4, startups got a taste of the California outdoors with a hike at Rancho San Antonio State Park and a breathtaking panoramic view of Silicon Valley. During the hike, startups reflected on the inspirations and challenges they have experienced on their startup journey. In the afternoon, both utilities and startups convened at innogy headquarters in Palo Alto to learn about innogy’s approach to innovation.
Day 5 marks the culmination of Module 1 with a private and public pitch event. In the morning, the startups pitched their desired pilot projects to the utilities. In the afternoon, startups pitched to over 130+ investors, industry executives and startups from the Bay Area, followed by a closing reception.