Ten companies selected for Techstars Energy Accelerator in partnership with Equinor

Ten companies selected for Techstars Energy Accelerator in partnership with Equinor

Ten companies selected for Techstars Energy Accelerator in partnership with Equinor

The FINANCIAL -- The ten start-up companies have been selected from hundreds of applicants across 38 countries. They will seek to accelerate their development through an intensive 13-week program, tapping into a global network of experts from Equinor and Techstars as well as the partnering companies KONGSBERG and McKinsey & Company.

The selected companies represent solutions within oil and gas, new business models, digitalisation and renewables. At the end of the program in December, they will present their solutions to Equinor, the partners and other potential investors at a Demo Day.

“This unique partnership between a leading energy company like Equinor and Techstars, together with partners KONGSBERG and McKinsey & Company, provides a great opportunity for companies that aspire to shape the future of energy. These ten start-ups now get the opportunity to gain traction through deep mentor engagement, rapid iteration cycles and fundraising preparation. We are excited to get started and help more entrepreneurs succeed,” says Audun Abelsnes, Managing Director for Techstars Energy.

The accelerator is hosted at Equinor’s Oslo offices with access to Norway’s world-class energy-technology industry. Norway is the 8th largest exporter of oil, the 3rd largest exporter of gas in the world, and Norway itself is run on 97% renewable energy sources.