The following post highlights how Venture Scanner categorizes the Energy Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through June 2017.
The above sector map organizes the sector into 12 categories and shows a sampling of companies in each category.
Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Energy Technology categories and how they compare with one another.
The definitions of the Energy Technology categories are as follows
Bioenergy: Companies that generate energy from biomass. Examples include bioenergy development, research, and monitoring.
Carbon Management: Companies that aim to reduce carbon dioxide and other greenhouse emissions. Examples include solutions that capture, sequester, and store carbon emissions, carbon emission data analytics, and carbon emission recycling.
Consumer Energy Efficiency Tools: Companies that enables consumers to be more efficient with their energy use. Examples include monitoring devices, predictive/proactive devices, and solutions allowing for the streamlined application of renewable energies.
Energy Infrastructure: Companies that produce enabling technologies in the production of energy. Examples include smart metering, energy monitoring/data analytics, and smart grid optimization.
Energy Production By-Product Management: Companies that reduce waste from energy production as well as solutions that recover energy from the production of waste. Examples include treatment of waste water from fracking, treatment of nuclear waste, and conversion of non-recyclable waste into energy.
Energy Storage: Companies that offer innovations in storing energy to level peak energy demand and store excess renewable energy. Examples include battery solutions, as well as storage brokers and dealers.
Fuel Cell Technology: Companies that generate power by using hydrogen and oxygen for fuel. Examples include fuel cell development, research, and monitoring.
Geothermal Energy: Companies that use geothermal power to generate electricity. Examples include geothermal energy development, design, and monitoring.
Hydropower Energy: Companies that generate power from the energy of moving water. Examples include wave energy converters, run-of-the-river systems, as well as project management and monitoring solutions.
Solar Energy: Companies that generate power by converting sunlight into electricity. Examples include solar panel manufacturers, designers, installers, and monitoring solutions.
Traditional Energy Enhancements: Companies that improve the effectiveness and sustainability of traditional energy sources. Examples include solutions that make fossil fuel emissions cleaner and solutions that improve the efficiency of extraction.
Wind Energy: Companies that generate power using air flow. Examples includes wind turbine manufacturers, designers, installers, and monitoring solutions.
We are currently tracking 755 Energy Technology companies in 12 categories across 47 countries, with a total of $50 Billion in funding. Click here to learn more about the full Energy Technology market report.