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
Newest Techstars KC class tackling payday loans, food safety, bots for business
Techstars Kansas City has revealed its 2018 cohort of startups. The 10 companies will make a big impact not only on Kansas City but the global economy, said Lesa Mitchell, managing director of Techstars KC. “Although our companies come from many industries, they share in common that they are all solving problems to make the…
YEP KC teen serves hope through enterprising volleyball benefit for men’s shelter
When 17-year-old Catherine Franano learned the mattresses at Kansas City Rescue Mission were old and too worn for comfortable use, the Pembroke High School senior leapt into action, she said. “Some of these people … like they’ve just had so many awful things happen to them, but not having anywhere to sleep?” Catherine said. “How…
(Video) ESHIP Summit attendees ask: Can entrepreneurial support efforts actually be sustainable?
When more than 600 attendees gathered this week in Kansas City for the second ESHIP Summit, they each came with their own ecosystems, businesses, local governments and support networks in mind. They also brought questions. “What are they doing in their cities? What’s worked and what hasn’t worked? What can we adopt back at home…
Four key moments led to SoftVu’s exit (three missteps kept it from happening sooner)
Deals like the acquisition of KC-based SoftVu by an Alabama private equity firm don’t happen overnight. And founder Tim Donnelly gives near-equal weight to the trials and triumphs that led the marketing platform to its big exit. “We’ve done as much as we possibly can based on the mistakes we’ve made, the lessons that have…