Idle Smart earns $125K in national clean energy program

December 1, 2016  |  Bobby Burch

smei truck

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.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged ,
Featured Business
    Featured Founder

      2016 Startups to Watch

        stats here

        Related Posts on Startland News

        The Lean Lab continues to make an impact in KC education

        By Tommy Felts | January 18, 2017

        As the Lean Lab looks back on its third year, co-founder Katie Boody said the program is “just getting started.” Launched in 2013, the Kansas City-based education tech incubator engaged over 900 individuals in conversation on education innovation in 2016. In addition, last year marked the organization’s first step to go international, attracting entrepreneurs that…

        Firebrand Ventures partners with UMKC to cultivate entrepreneurs

        By Tommy Felts | January 18, 2017

        Firebrand Ventures has partnered with the University of Missouri-Kansas City to help local startup entrepreneurs. As part of the agreement, the Kansas City-based fund will offer graduates of UMKC’s E-Scholars program an opportunity to receive an investment from Firebrand starting in 2017. Housed under UMKC’s Regnier Institute for Entrepreneurship and Innovation (RIEI), E-Scholars offers students…

        Report: Kansas City’s VC funding rank improves among Midwest cities

        By Tommy Felts | January 18, 2017

        Editor’s note: Brian Matthews is a guest author to Startland News and co-founded Cultivation Capital. Opinions expressed in this commentary are the author’s alone. When assessing the vitality of an entrepreneurial ecosystem, an important factor to consider is the Total Venture Funds Raised by the startups within that city or region. This metric provides an…

        Experts weigh in: Why do StartupNames Alwayz Loook Lyke Dis?

        By Tommy Felts | January 17, 2017

        At times, it seems like startups are waging war on the English language. From merged words to missing vowels to what appears to onomatopoeia, startup names can be as creative as they are baffling. “It’s almost as if everyone is rebelling against Webster’s dictionary,” said Anita Newton, vice president of marketing at AdParlor. So, what’s…