Brooklyn, NY – September 17, 2024 – URBAN-X, the technology startup
platform by MINI, today announced its fifteenth cohort of startups
focused on addressing today’s most pressing climate issues. The
four-month program identifies startups that are focused on solutions
that create resilient communities and redefine approaches to achieve
net zero goals. Past startup participants worked on solutions related
to e-bike battery swapping for delivery workers, landfill waste
diversion, space-based solar power, and rideshare initiatives, to name
a few.
The cohort program, run out of URBAN-X’s headquarters at Newlab in the Brooklyn Navy
Yard, offers pre-seed and seed-stage startups the unique opportunity
to gain hands-on support from URBAN-X experts and access to MINI’s
global community. Founders receive mentorship tailored to the specific
needs of their companies, ranging from customer development to
go-to-market strategy, product development, engineering, funding, and
communications. To date, 116 companies have completed the program,
with many going on to complete successful funding rounds, secure
customer leads, and announce key product launches. Alumni include Dollaride, itselectric, and Lectrium.
“I’m excited for the next cohort of innovate startups,” said Mike Peyton,
president of MINI Business Innovations LLC, and vice president of MINI
of the Americas. “We place a tremendous amount of emphasis on
empowering founders and early-stage companies by tailoring the program
to each start-up’s needs to maximize impact. We’re excited to see the
progress that will be made by this cohort’s participants.”
Chosen out of a pool of more than 100 applicants, the complete list
of the six URBAN-X Cohort 15 companies includes:
-
OneSix Energy:
Pioneering a novel process for the generation of green hydrogen
using methane as the feedstock and energy source
-
Arbon: Developing a
humidity-swing carbon capture technology that reduces energy
consumption by utilizing only water throughout the capture and
regeneration process
-
vsNew: Deploying an integrated
hardware and software platform that allows car dealers to generate
accurate battery health reports for electric vehicles (EVs)
-
Expand Power Technologies:
Pioneering a new solid-state transformer module that drastically
reduces transformer size and mass, contributing to a more efficient,
reliable, and resilient grid
-
Encode Energy: Delivering
data-driven models and tools to simplify underwriting of EV fleet
deals for lenders and other stakeholders in fleet financing
-
Wild Energy: Developing
self-propelled electric trailer platform to significantly boost EV
towing range and gas vehicle miles per gallon when towing
“The climate crisis is a decades-long problem affecting many aspects
of our daily lives,” said Johan Schwind,
managing director of URBAN-X. “At URBAN-X by MINI, we believe that
there are innovative solutions that are poised to address these
challenges. This time, our cohort program specifically focuses on
mobility and energy transition solutions that impact local communities
and contribute to a more resilient future for all.”
URBAN-X at New York Climate Week
In addition to the launch of Cohort 15, URBAN-X will be joining New
York City Climate week for two headline events. On Tuesday, September
24, URBAN-X will join BMW Group to co-host Breakfast
with URBAN-X from 10am to 11:30am EDT at the Moonlight Studios.
Doors will open at 9 am. The event will showcase BMW Group’s URBAN-X
initiative, its work with startups in the climate tech space, and how
it facilitates collaboration between startups and various stakeholders
to drive progress in addressing climate challenges. The event will
feature a brief discussion with the CEOs of five URBAN-X portfolio companies.
On Friday, September 27 from 10am to 12pm EDT, the URBAN-X Future Mobility
Startup Challenge takes place at Newlab located at the Brooklyn
Navy Yard. The event will be presented by BMW Group and URBAN-X, in
partnership with Newlab, and will showcase early-stage mobility
solutions that reimagine how mobility in cities can work more
efficiently and sustainably. It will include a morning of startups
pitching new mobility solutions, audience voting, and cash prizes to
be awarded to the winning startups. The pitch competition is open to
pre-Series A climate tech startups working in mobility or
transportation. Interested founders/startups can
apply
to participate here and the general public can attend
via
the registration link.
About MINI in the US
MINI is an independent brand of the BMW Group. In the United States,
MINI USA operates as a
business unit of BMW of North America, LLC, located in Woodcliff Lake,
New Jersey and includes the marketing and sales organizations for the
MINI brand. The authorized MINI USA dealer organization is represented
by a network of 105 MINI full passenger car sales and service dealers
located throughout the US. MINI USA began selling vehicles in the
U.S. in 2002 with the introduction of the MINI Cooper and MINI Cooper
S Hardtops. Since then, the MINI Brand in the U.S. has grown to
encompass a model range of five unique vehicles.
About URBAN-X
URBAN-X is the platform for startups reimagining city life. Built by
MINI, URBAN-X partners with founders to build and scale bold
technology solutions that make cities more livable, efficient, and
resilient. URBAN-X provides world-class engineering and design
resources through their Impact and Accelerator programs and gives
founders access to a global network of investors, cities, and
corporate partners. Find URBAN-X on Twitter & Instagram at
@urbanxtech and on Facebook at facebook.com/urbanxtech.
Journalist notes: Media information about MINI and its products is
available to journalists on-line at www.miniusanews.com.
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