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
Crowdfunding law has changed, here’s what you need to know
Editors note: This piece was originally published Jan. 7, 2016. The Securities and Exchange Commission’s expanded rules for equity crowdfunding went into effect May 16. This past October, the SEC unveiled its final equity crowdfunding regulations set to take effect May 16. For the first time in the U.S., entrepreneurs will be able to…
Events Preview: Second Fridays, weekend coding events
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Second Fridays When: Friday, January 8 @ 4:30 pm – 7:30 pm Where: Village Square Coworking Studio Second Fridays is simply a…
Top 10 Kansas City startups to watch in 2016
Kansas City is home to countless startups. But what early-stage ventures are the most promising and worth a closer look? As we entered 2016, Startland News evaluated the area’s top startups based on the strength of their team, current traction, disruptiveness and job growth potential. Below is a list of the top 10 area enterprises we’ve…
The WTF Series: Augmented Reality
On a daily basis, Ben Kittrell translates the jargon-filled world of technology for clients of his tech consultancy. The Words that Frustrate (WTF) series aims to offer readers some clarity in an industry dominated by techies’ confusing argot. Thanks to the Oculus Rift device, you probably heard last year’s buzz on virtual reality. The device,…