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
BetaBlox expands to Tulsa, shares 4-year plan
Thanks to a recent fundraise, Kansas City-style innovation is heading south to the Sooner State. After scoring new investment capital, Kansas City-based BetaBlox is expanding its incubator program to Tulsa this summer, bringing with it four years of experience in honing startups. BetaBlox founder Weston Bergmann said his for-equity incubator has partnered with the non-profit…
Weston Bergmann explains BetaBlox and its successful 2016 class
Since launching it in 2012, BetaBlox founder Weston Bergmann has always been impressed by the caliber of firms entering his incubator. But this year, Bergmann said he was blown away by the firms presenting at BetaBlox Demo Day celebration Monday. “It’s kind of cliche to say this class is better than the last, but it’s true,”…
Meet the BetaBlox startups ahead of Demo Day
Kansas City-based accelerator BetaBlox is gearing up for its annual culminating event to highlight startups in its current class. Set for Monday, BetaBlox’s Demo Day offers a stage for its 10 startup firms to pitch their businesses to investors, area residents and fellow entrepreneurs. While also a showcase of its startups, BetaBlox hopes the Demo Day will engage…
Regional Roundup: Chicago aims to be space travel hub
In this week’s roundup of watercooler talk from the region’s startup hubs, we have the dish on one Chicagoan’s plan to make the city a hub for space travel, St. Louis’ booming innovation district and the update on Uber and Lyft’s Texas battle. Check out more in this series here. ChicagoInno: Chicago … a hub…