Achieving carbon neutrality as quickly as possible requires strong support for innovation, such as the ecosystem set up by EDF Pulse with collaborations between start-ups, entrepreneurs and investment funds.
According to the Global Innovation Index, recently published by the World Intellectual Property Organization (), France is now in of the top 10 most innovative countries. The country has an ambitious entrepreneurial dynamic, as evidenced by (BIG), the largest business gathering in Europe which has chosen to focus this year on . EDF Pulse inevitably has its place with the that it supports in favor of the decarbonisation of the economy and .
Half of low carbon technologies are to be developed
L’, which is present in the production, transport, distribution, trading, sale of energy and energy services. However, according to a report by , half of the low-carbon technologies needed to achieve the goal of are to be developed! This is why EDF has created an ecosystem conducive to innovation with collaborations between start-ups, entrepreneurs and investment funds.is at the heart of the fight against . Consume less, consume better, decarbonize uses and produce CO₂-neutral electricity: all of these are capital issues for a major player in the energy transition such as
250 million euros invested in twenty projects
Since 2017, opens the field of possibilities to reach the . In addition to internationally recognized R&D with a budget of 680 million euros in 2020 and more than 1,800 researchers mobilized, the Group works in start-up mode to create new growth drivers. In particular, he set up , to support the ideas of its employees, and the venture capital fund in a long-term partnership approach with start-ups committed to the energy transition. Stakes have been taken in nearly twenty international investment funds and already more than 250 million euros have been invested in twenty projects around sustainable territories, decentralized energies, services in a more sustainable habitat and efficient industry.
In just over four years, they have invested more than 270 million euros in innovative projects. © Guillaume Lesueur, Director of Investments for EDF Pulse Ventures
Valuable time across the entire value chain
Among them, PowerUp, which relies on ten years of research by CEA-Liten to offer control and sustainable use of batteries. From the collected usage data, their algorithms establish charging strategies to increase the load by 20 to 100%.battery life and predict their decline in shape. Thanks to EDF Pulse Ventures, the start-up was able to raise funds of 5 million euros and accelerate its research on electrical storage with EDF R&D on better precision of indicators and with EDF Renouvelables which provided access to to field data to compare the models. According to Josselin Priour, its CEO and co-founder, “ We have saved precious time throughout the value chain with an industrialization of our process scheduled for next year. Only in this way will we all be able to respond to the urgent challenges of ».
Article produced in partnership with the EDF Pulse Ventures teams.
What you must remember
What you must remember