Idle Smart earns $125K in national clean energy program
December 1, 2016 | Bobby Burch
Idle Smart recently was dubbed a top clean-energy firm and won some substantial investment capital for its technology.
Based in Kansas City, Kan., the company was voted by its peers as the top firm in the Energy: US 2016 program, nabbing $125,000 for its smart thermostat device for fleet vehicles, such as semi-trucks. The company’s device only kicks the truck on when necessary to maintain the temperature of the cabin, recharge batteries or create engine warmth, thus saving fuel and mitigating environmental impact.
To win the program, nine startups ranked each other in a peer-selection process and named Idle Smart as the top firm. The Autonomous Tractor Corporation won second prize and $100,000.
Village Capital, the New Belgium Family Foundation and Sustainable America awarded Idle Smart the funds. As part of the program, Idle Smart also received mentoring from industry experts and potential investors.
Founded by CEO Jeff Lynch in 2012, Idle Smart is based in the Kansas City Startup Village and owns a patent on its smart thermostat tech. In July, Startland News named the company as one of its top under-the-radar startups in Kansas City.
2016 Startups to Watch
stats here
Related Posts on Startland News
KCultivator Q&A: Prep-KC CEO Susan Wally on environmentalism, horseback riding, urban edu
Editor’s note: KCultivators is a new, lighthearted profile series we’re kicking off to highlight people who are meaningfully enriching Kansas City’s entrepreneurial ecosystem. Check out our first profile with Donald Carter here. You may know Susan Wally as CEO of the education nonprofit Prep-KC, a member of KC Rising’s Human Capital committee or as a board…
Dundee Venture Capital tops goal with oversubscribed, $31M fund
In conjunction with welcoming a new partner to its ranks, regionally-focused fund Dundee Venture Capital recently surpassed its goal to raise a $30 million investment fund targeting Midwest startups. The Omaha-based fund announced that its third fund is oversubscribed at $31 million and will target startups in Kansas City, St Louis, Omaha, Lincoln, Denver, Indianapolis,…
Kauffman, UMKC symposium hopes to inspire and challenge social entrepreneurs
To spur more socially-minded ventures in the metro, the Ewing Marion Kauffman Foundation and University of Missouri-Kansas City are teaming up to host the fifth-annual Midwest Symposium on Social Entrepreneurship. Set for May 15 and 16, the two-day event will welcome about 125 attendees from the region, offering workshops, panel discussions and speakers. Tony Luppino,…
Fund Me, KC: The Fishing Caddy aims to hook good times for family, friends
Editor’s note: Startland News is continuing its new segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs to share their stories to gain a little help from their supporters. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com Who are you?…