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
Techweek KC returning with big LaunchKC, Techstars, BetaBlox demo days
One of Kansas City’s biggest conference series for entrepreneurs is returning in October alongside some of KC’s most premier accelerator programs, said Amanda Signorelli, CEO of Techweek KC. Demo days for Techstars KC and BetaBlox will join LaunchKC as signature events during the Oct. 8-12 conference, she said. “Combined with the nationally recognized LaunchKC competition…
Techstars KC alum Grit Virtual posts $840K oversubscribed seed round
Reality is starting to sink in for Grit Virtual, said co-founder Chris Callen. “It’s exciting to finally be able to talk about our funding rounds and the successes we have had,” Callen said. “It’s been an exciting ride so far, and we’re kind of gearing up to make it a real company, not just an R&D…
State of Entrepreneurship Address: Redefine ‘entrepreneur’ through inclusion
Entrepreneurship rates are half of what they were a generation ago, and although the U.S. population is increasingly diverse, educated and older, the nation’s entrepreneurial population isn’t changing at the same pace, Wendy Guillies said. Founders face too many barriers, said Guillies, president and chief executive officer of the Ewing Marion Kauffman Foundation, Wednesday morning…
Photos: Innovation Exchange returns with Top KC Startups to Watch celebration
So … What’s your spirit animal? Eleven startup founders and leaders joined Startland News and the Kansas City Startup Foundation on stage Tuesday for a rebooted Innovation Exchange experience — complete with casual conversation, jazz and few unexpected queries. Saluting the Top Kansas City Startups to Watch in 2018, the rapid-fire, Q&A-style event showcased the…