Back in April 2022, enaDyne was one of six teams in the first phase of the Carbon-to-Value Challenge funded by the German Federal Agency for Leapfrog Innovations (SPRIN-D) with a total of 600,000 euros for its non-thermal plasma catalysis. Now it's on to round two.
After reaching all milestones in the first year, enaDyne could also impress this year. As one of three teams, the company is now entering the second phase for 18 months, for which it will receive a total of 1.9 million euros. By the end of the challenge in September 2024, the technology is to be further developed to enable the first pilot projects in an industrial environment by the end of 2024.
The IQ Innovation Award 2023 goes to Freiberg for a revolutionary raw material extraction from CO2.
Double success for enaDyne: the Saxon start-up was awarded overall victory and the Chemistry/Plastics Cluster Prize at the 19th IQ Innovation Award Central Germany in Wurzen on Thursday evening for its plasma catalysis reactor. Thanks to the innovation, green chemicals and e-fuels are to be produced from carbon dioxide in the future. Preparations are currently underway to test the system in an industrial environment, for example at biogas plants.
"In order to effectively combat climate change, we must not only save CO2, but ideally also consume the greenhouse gas as a resource," said Jörn-Heinrich Tobaben, Managing Director of Metropolregion Mitteldeutschland Management GmbH, explaining the jury's decision. With its technology, enaDyne provides the decisive building block for this cycle.
Picture: Guido Werner
enaDyne has made it into the top 8 companies of the renowned "Carbon-to-Value Initiative". From a pool of over 70 international applicants, the company was selected to participate in the third cohort of this pioneering accelerator on the basis of its innovative approaches to CO2 reduction, storage and conversion.
The "Carbon-to-Value Initiative", an international accelerator, is characterized by its excellent partnerships with industry giants such as Unilever, BASF and Johnson Matthey. These companies not only provide financial support, but also engage in mentoring sessions and knowledge transfer to help the participating start-ups on their way to market maturity.
enaDyne will now have the unique opportunity to benefit from this global network. Participation in the "Carbon-to-Value Initiative" is not only a recognition of enaDyne's achievements to date, but also a sign of confidence in the company's future potential to make a significant contribution to the fight against climate change. With its advanced technologies, enaDyne strives to accelerate the transition to a greener and more sustainable chemical industry.
The enaDyne team is now preparing to showcase its innovative solutions to a wider audience and work with industry leaders to pave the way for a low-carbon future.