Biggest European Start-up Competition Announces EUR 30,000 Prize Winner
Date: June 20th 2018
Zubax Robotix from Estonia is the winner of this year’s edition of the international PowerUp! competition for cleantech start-ups. The team presented their project, which provides 10% more energy-efficient electric motor controllers for aerospace applications. Their technology allows electric vehicles (especially aircraft) to travel further using less energy from the battery, thus alleviating one of the most significant obstacles in the way of total electrification of all kinds of transport. Zubax was awarded EUR 30,000 and a chance to be invited to the prestigious InnoEnergy Highway® accelerator.
Gul Erol, Enerjisa CTO particularly appreciated the level of the competition and says: "We know we can grow into the fast-changing future with sustainable solutions via innovative and agile startup partnerships. As Enerjisa we are proud to be a part of PowerUp! that unites us with the most striking ideas all around Europe."
Michał Maćkowiak, Head of Innovation Rafako S.A., also thought that the level of competition was very high this year and said: “We are very pleased this year that not only companies from the energy industry, but also those from the spheres of electromobility or smart cities took part in the competition. The competition is developing in the same direction as RAFAKO, in that it is looking for opportunities in addition to the energy industry to diversify revenues in the areas mentioned above.”
What makes PowerUp! stand out from other start-up competitions are its Bootcamps: before the Grand Final, the participants spent two days testing their business models and taking their presentation skills to another level.
This article is available also in Slovene.