Grensol Passes Venture Kick’s Stage 2 and Secures CHF 40,000 in Venture Kick Support
Grensol is thrilled to announce an exciting leap forward in the world of technology and sustainability, having been awarded CHF 40,000 in Venture Kick’s second financial and entrepreneurial support stage. This prestigious recognition celebrates our trailblazing work in developing light-powered material recovery from recycling waste.
Grensol’s achievements have been made possible with the invaluable support of Venture Kick. As one of the three pioneering projects selected—alongside Duatic and SecondWave Photonics, we are excited to propel our visionary solutions to new heights.
“Being recognized by Venture Kick is a tremendous honor and a testament to the hard work and innovation driving our team and research partners,” said Rajiv Singhal, CEO of Grensol. “We are committed to pushing the boundaries of what is possible and making a tangible impact on how we deal with our waste and produce materials in a circular economy.”
Stay tuned as Grensol continues to innovate and inspire. For more information about our projects and future developments, visit Grensol’s Website and follow us on LinkedIn.
Let’s embark on this exciting journey together—where innovation meets sustainability, and the future is now!
Grensol Successfully Enters the Venture Kick Process, Secures CHF 10,000 in Venture Kick Support
Grensol is thrilled to announce our selection at Venture Kick’s first financial and entrepreneurial support stage, receiving CHF 10,000 to advance our groundbreaking recycling project. Our innovative approach to light-powered material recovery is set to revolutionize the recycling industry and contribute to a sustainable future.
In the wake of today’s recycling processes, vast amounts of mixed plastic waste remain unrecyclable, often disposed of by expensive incineration or landfilling. This practice wastes valuable resources and necessitates the production of new materials from virgin sources, causing carbon emissions and pollution.
Harnessing light generated by renewable energy, Grensol recovers emissions-free hydrogen and carbon black from mixed plastic waste in mere seconds, all facilitated by a proprietary, cost-effective, and emissions-free solution. Residual metals are reclaimed for further recycling. This transformative approach to recycling holds the potential to convert 100 million tons of unrecyclable waste annually into new materials crucial for our society’s clean energy transition. It opens a global market of over USD 85 billion and stands to avoid over 500 million tons of carbon emissions each year.
Grensol will use the Venture Kick funds to improve the marketing of the solution at tradeshows and online, and for collaborating with experts for deployment issues and authorizations.
“Being recognized and supported by Venture Kick is a tremendous honor and a testament to the hard work and innovation driving our team and research partners,” said Rajiv Singhal, CEO of Grensol.
Stay tuned as Grensol continues to innovate and inspire. For more information about our projects and future developments, visit Grensol’s Website and follow us on LinkedIn.
Grensol Triumphs at Harvard’s New Venture Competition, Wins Tough Technology Prize
Grensol is thrilled to announce a monumental achievement in our mission to revolutionize the recycling industry: we have been honored with the prestigious Tough Technology Prize in the finale of the 26th annual Harvard Business School’s New Venture Competition. This recognition, awarded for the Most Promising Climate Tech Venture, comes with a $5,000 prize and marks a significant milestone in our journey.
Celebrating Innovation and Sustainability
The Tough Technology Prize, now in its fourth year, is sponsored by the Rock Center in collaboration with the HBS Digital, Health Care, and Business and Environment Initiatives. It aims to recognize ventures that are working on transformative technology to address the world’s most pressing challenges through breakthrough science, engineering, and leadership.
Grensol’s innovative approach to closing the materials loop for car recycling has been recognized as the Most Promising Climate Tech Venture. Our technology not only valorizes industrial waste but also recovers valuable resources, embodying the essence of sustainable innovation.
A Prestigious Recognition
“We are incredibly honored to receive the Tough Technology Prize from such a prestigious institution which brings out the best in HBS students and alumni,” said Rajiv Singhal, CEO of Grensol. “This award is a testament to our team’s hard work and dedication to developing groundbreaking solutions that contribute to a sustainable future.”
Stay tuned as Grensol continues to innovate and inspire. For more information about our projects and future developments, visit Grensol’s Website and follow us on LinkedIn.
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- Grensol Successfully Enters the Venture Kick Process, Secures CHF 10,000 in Venture Kick Support
- Grensol Triumphs at Harvard’s New Venture Competition, Wins Tough Technology Prize