--News Direct--
TechNexus Venture Collaborative, a leading investor in electrification startups, today announced the inaugural Electrification 50, a list of 50 U.S. hard-tech startups electrifying the physical world around us. The list recognizes startups developing innovative solutions to address the climate crisis and accelerate the transition to a clean energy future.
"Startups on the Electrification 50 are developing groundbreaking technologies that will transform the way we live, work, and interact with the world around us," said Terry Howerton, TechNexus CEO and co-founder. "We believe that they have the potential to make a significant impact on the fight against climate change and transform industries."
The Electrification 50 startups were selected based on a variety of criteria, including their technological innovation, market potential, and impact on the electrification ecosystem. The list includes companies working in a wide range of sectors, including aviation, marine, and recreational vehicles.
Founded in 2007, TechNexus helps large corporations build collaborative relationships with ambitious startups. As a trusted investment partner, TechNexus works with leading companies in legacy industries to back disruptive tech startups relevant to their business.
"TechNexus sits at the unique intersection between industry giants seeking to innovate and the disruptive startups driving the future of electrification," said Fred Hoch, co-founder and general partner of TechNexus. "We're proud to bridge that gap, connecting corporations with these emerging technology companies to accelerate the adoption of solutions that will transform our world."
Companies on the Electrification 50 include Harbinger Motors, an EV startup disrupting the medium-duty commercial and specialty vehicle industry that recently raised $100 million in Series B funding. Others, like Lightship, are developing an all-electric recreational vehicle. H3X, another startup on the list, makes electric motors for aerospace, defense, marine and heavy industry applications.
The Electrification 50 is a testament to the growing momentum of the electrification movement. TechNexus is committed to supporting the startups that are leading the charge in this critical transition.
About TechNexus Venture Collaborative
Founded in 2007, TechNexus Venture Collaborative invests in better relationships between leading corporations and ambitious startups. A first-of-its-kind Venture Collaborative, we invest capital, incubate, and collaborate to create new growth opportunities. TechNexus, in partnership with leading corporations, has invested in more than 150 startups across the globe. TechNexus helps portfolio companies grow by creating new business models, revenue streams, markets and products. Portfolio companies include Harbinger Motors, Tonal, H3X and more. For more information, please visit technexus.com.
Contact Details
TechNexus Venture Collaborative
Jim Dallke
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