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The nominees for the 2024 Green Transition Business Competition have been selected

The nominees for the 2024 Green Transition Business Competition have been selected

Biocluster Finland will award its national prize to a young, innovative, and growth-oriented company at the Green Transition Gala, which will be held in Helsinki this autumn.

The competition’s jury includes representatives from the following financiers and R&D organizations: Business Finland, Finnvera, Taaleri, Aalto University, the University of Oulu, The Natural Resources Institute Finland (Luke), and Centria University of Applied Sciences. The jury has selected nine nominees for the award.

The nominees are:

Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar’s mission is to help reduce CO₂ emissions and the use of virgin natural resources.

Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world’s lowest-emission hollow-core slabs. Betolar’s AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market.

Cactos is a Finnish technology company and fund manager specialized in smart battery energy storage. During its first two years of operation Cactos has grown into Finland’s largest distributed battery energy storage system operator with approximately 80 operational systems. Cactos offers energy storage systems to its customers as a service and is responsible for system manufacturing, installation, operation, maintenance, trading and financing. The systems are financed through the 70 million Euro Cactos Fleet Finland LP infrastructure fund managed by Cactos. Cactos Fleet Finland LP is one of the world’s first investment funds focusing exclusively on battery energy storage and it allows Cactos to offer its customers very competitive financing.

Carbo Culture is an international climate technology company fighting climate change with proprietary biochar technology. Carbo Culture’s carboliysisTM technology transforms industry sidestream biomass into sustainable, high-quality biochar which binds carbon permanently. The biochar production process generates renewable clean energy as a by-product. In this manner, otherwise difficult-to-utilize by-products are used for carbon capture, biochar, and energy. Carbo Culture’s biochar enhances substrates in horticulture and landscaping, where it permanently sequesters carbon so it does not release back into the atmosphere. It also supports plant growth by helping them withstand drought and excessive moisture. Carbo Culture aims to sequester 2 million tons of carbon dioxide annually into biochar by 2030.

EVA Global is the leading electric vehicle managed services provider committed to maximizing the reliability, availability and accessibility of EV charging infrastructure. 
EVA Global is the industry’s partner of choice for maximizing charger uptime and utilisation. With its technology platform EVA Global offers a complete charging solution, from multi-lingual end-user support to infrastructure management services. -Enabling their partner to concentrate on their core business and augment it by offering a charging opportunity. 
The company currently maximizes the uptime and availability of 1.000.000+ partner charge points, solving 120.000+ monthly cases, serving 2.600.000+ EV drivers in 15 languages and in 39 countries in Europe, North America, and the APAC region.

FabPatch™ – Changing the Way We Consume! The world full of textiles, and a stain or tear doesn’t make them waste. Repairing is a genuine everyday eco-act that FabPatch™ makes extremely easy.

We believe that the most eco-friendly choice is the clothing you already own. FabPatch™ has been developed to provide consumers with an easy, quick, and more responsible way to repair their clothes. FabPatch™ is an innovation by Finnish mothers. FabPatch Oy was founded in the fall of 2018, and the first collection was launched in April 2019. Today, over 1.5 million FabPatch™ -patches have been sold. Our product development is communal and continuous. We continue a path guided by our values of responsibility, authenticity, and innovation, and we encourage everyone to join the forefront of repairing!

Hycamite produces clean hydrogen and industrial-quality solid carbon by splitting methane using proprietary zero-emission technology. It is based on the thermo-catalytic decomposition (TCD) of methane molecules. In other words, we break the methane with our catalyst and heat. Our novel methane pyrolysis technology requires only 13% of the energy needed to produce hydrogen by electrolysis. As a cutting-edge carbon capture, utilisation and storage (CCUS) technology, Hycamite’s solution enables the creation of carbon sinks, providing clients with industrial-quality carbon fit for demanding applications, such as Li-ion batteries, composite materials and filter purifiers.

Spinnova – The material innovation company transforms the way textiles are manufactured globally. Based in Finland, Spinnova has developed breakthrough patented technology for making textile fibre out of wood pulp or waste, such as leather, textile or agricultural cropping waste, without harmful dissolving chemicals. 

The SPINNOVA® fibre creates no side streams with minimal CO2 emissions and water use. SPINNOVA® materials are biodegradable and recyclable. Spinnova is committed to using only sustainable raw materials, such as FSC-certified wood and waste. SPINNOVA® fibre is produced using a mechanical process, creating the look and feel of natural fibres such as cotton and linen. 

Spinnova has received awards from e.g. the Fast Company, ISPO, Scandinavian Outdoor, ANDAM, and Monocle. 

Spinnova’s shares (SPINN) are listed on the Nasdaq First North Growth Market Finland.

Weeefiner is a Finnish technology provider specializing in innovative water treatment and material recovery solutions. Our mission is to challenge the status quo of water treatment by introducing groundbreaking, sustainable solutions for industrial water challenges. Our 4D Scavenger® technology not only enhances the circulation of critical raw materials but also provides unforeseen benefits to water treatment.

With the green transition, the demand for raw materials has increased significantly, highlighting the need to utilize existing materials as efficiently as possible. We aim to be pioneers in recovery so that in the future, waste and process streams will be seen as important sources of secondary raw materials. Our vision is to recover ten million kilograms of dissolved materials by 2030. At the same time, we want to provide efficient tools and solutions to achieve industrial environmental goals and reduce negative environmental impacts.

Woodio is a modern Finnish interior and design brand that combines the best of Nordic design traditions with a sustainable biomaterial innovation in a contemporary way. Woodio’s patented material is a 100% waterproof wood composite that offers a more ecological alternative to ceramic, with its significantly lower carbon footprint. Woodio wants to bring joy to homes with stunning and sustainable design, offering products that will look good decade after decade. As they are durable and easy to care for, Woodio’s solutions are also an excellent choice for public spaces. All Woodio products are manufactured in Helsinki, Finland.