Finnish cleantech start-ups Ultranat and MetGen took second and joint third place respectively in this year’s Nordic Cleantech Open.
Ultranat turns ashes from bio-fuel power plants into valuable nutrition and fertilizers. The only thing left is purified silicates which can be used for industrial applications.
MetGen is developing and producing oxidase enzymes called laccases. These enzymes can achieve a 15 to 20 per cent reduction of the energy consumption for wood pre-treatment in pulp and paper mills as well as other industrial processes.
The winning companies represent the elite of the Nordic Cleantech start-up scene and were chosen from among 100 applicants. They possess innovative solutions with the potential to slash costs in established industries.
The finals were held at Aalto Venture Garage in connection with the Nordic Cleantech venture event of the year, Cleantech Venture Day in Finland. The winners were selected with the help of audience votes.
More than 50 international investors and 270 participants were present at the finals.
Tomologic from Sweden won the competition and Black Silicon Solar from Denmark took joint third place.