New Energy Challenge

AI Verified

Location

Netherlands


Investor type

Accelerator/Incubator


Current investment status

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Website

https://newenergychallenge.com/


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Company address

31 Grasweg, 1031 HW Amsterdam, North Holland, Netherlands


Founding year

2016


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Criteria Requirements Match
Regions Middle East, Northern Europe, Western Europe
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Stage Seed, Series A
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Company description

New Energy Challenge represents a prestigious competition celebrating its tenth anniversary, created through a collaborative effort between Rockstart, Shell, Unknown Group, and YES!Delft. This initiative targets innovative startups and scaleups developing breakthrough technologies that address sustainability challenges and transform the energy sector at scale. With global energy demands projected to increase significantly in the coming years due to population growth, NEC recognizes the critical need for revolutionary ideas and technological advancements to ensure affordable, reliable, and sustainable energy access worldwide.

The competition has established itself as a vital platform for identifying and nurturing promising energy innovations during its decade-long history. By providing expert coaching, mentorship, and strategic guidance, NEC helps early-stage companies refine their business models and accelerate their growth trajectories. The program specifically focuses on technologies that can make meaningful contributions to the energy transition, including renewable energy solutions, energy efficiency technologies, carbon capture innovations, and sustainable fuel alternatives that collectively address the complex challenges of building tomorrow's energy systems.

NEC's impact extends beyond the competition itself, with numerous success stories emerging from its alumni network. Asperitas, the 2018 winner, exemplifies this success by securing substantial investment funding, establishing strategic industry partnerships, and scaling its innovative immersion cooling technology for data centers. This pattern of achievement demonstrates how NEC effectively bridges the gap between promising concepts and commercially viable solutions that can be deployed at scale, ultimately accelerating the pace of energy innovation across European markets and beyond.

Looking forward, the tenth edition of the New Energy Challenge arrives at a pivotal moment when entrepreneurial innovation in the energy sector has never been more crucial. The competition continues to evolve its support mechanisms to address emerging challenges in the rapidly changing energy landscape. By connecting startups with industry leaders, potential investors, and technical experts, NEC creates a powerful ecosystem that not only supports individual companies but collectively drives economic growth through the development of next-generation energy solutions. This collaborative approach recognizes that entrepreneurial ventures will remain essential catalysts in developing and deploying the technologies needed for a sustainable energy future.

Highlights

Supporting young companies developing sustainable energy
Helping startups drive economic growth and energy innovation

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Frequently asked questions

Where is New Energy Challenge located?

New Energy Challenge maintains its global headquarters in Netherlands, serving as the strategic center for its operations. The company's primary corporate offices are located at 31 Grasweg, 1031 HW Amsterdam, North Holland, Netherlands.

What investment stages New Energy Challenge focuses on?

New Energy Challenge focuses its investment activities on companies operating in the following stages: Seed, Series A. New Energy Challenge provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does New Energy Challenge invest?

New Energy Challenge maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Middle East, Northern Europe, Western Europe.

When was New Energy Challenge founded?

New Energy Challenge was established in 2016, marking the beginning of its journey as an investment firm.

What kind of investment firm is New Energy Challenge?

New Energy Challenge is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.