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
Report: Tech drives nearly a 10th of Kansas City’s economy (and those employers are hiring)
Advocates tout KC for top-tier tech talent; a new report affirms its status as an emerging market with potential for big impact A combination of economic stability, depth and skill of talent, and operational efficiency creates conditions for companies to grow and succeed in Kansas City, said Kara Lowe, detailing new data that suggests the…
InvestMidwest back in KC ahead of World Cup rush; four new leaders join board roster
A powerhouse quartet of venture experts are on board for the next wave of InvestMidwest impact, said Claire Kinlaw, announcing plans for the two-day summit’s bounce back to Kansas City this spring as organizers push to boost deal flow in a region outside the startup-dense coasts. New to InvestMidwest’s board as planning gets under way…
Fan favorite vote: AltCap Your Biz launches crowd-sourced contest as pitch event nears
One of 10 finalists in a popular fall pitch event for small businesses is expected to win $5,000 based solely on community votes, leaders at AltCap announced Friday, launching this year’s voting portal ahead of mid-November competition at Union Station. “The Fan Favorite Contest invites the community to discover amazing local businesses, to learn about…