Over 70 promising start-ups throughout diverse industries took half within the 2024 Elevator Pitch Competitors (EPiC), hosted by Hong Kong Science and Know-how Park (HKSTP). The victory was claimed by the German start-up, ToZero, celebrated for its ground-breaking work in battery recycling.
EPiC presents a singular international platform for start-ups to current their improvements and enterprise fashions inside a 60-second elevator experience, vying for funding, assist and worldwide publicity. ToZero emerged the winner with its transformative and sustainable resolution to battery recycling, charming the judges and viewers alike.
Not solely did ToZero’s triumph underscore the vital place of sustainable enterprise fashions in modern enterprises, however it additionally highlighted the pressing want for options to deal with the rising downside of digital waste}
The victory at EPiC guarantees to gas the growth and affect of ToZero. Recognition on such an esteemed platform will amplify its visibility, appeal to potential buyers and collaborators, contributing to the worldwide sustainability initiative.
The competitors drew entries from over 600 organizations worldwide, throughout 47 economies, signalling the significance of the competitors for the worldwide financial and enterprise ecosystem. Notably, it highlights the ever-growing spirit of entrepreneurship and innovation.
As the electrical automobile market surges forward, so does the problem of waste from discarded rechargeable batteries.
ToZero’s sustainable triumph in battery recycling
ToZero has revolutionized this conundrum with a singular recycling methodology utilizing hydrometallurgical expertise. This innovation not simply reduces demand for brand new supplies but additionally considerably cuts down hazardous waste air pollution.
The co-founder and CEO of ToZero, Sarah Fleischer, rationalized that the increase in electrification has catapulted the lithium-ion battery waste, which is essentially untreated. However with ToZero’s revolutionary recycling strategy, a sustainable resolution to this environmental hazard is foreseeable.
This yr, EPiC acquired 603 submissions from start-ups throughout 47 completely different economies. The grand finale showcased 15 groups chosen by way of rigorous regional semi-finals. HKSTP’s CEO, Albert Wong, lauded the worldwide attain of the occasion, hoping such competitions proceed to reinforce Hong Kong’s place as a number one hub of innovation and expertise.
The concluding pitch, held at Hong Kong’s tallest constructing, offered the semi-finalists a possibility to current their proposals to a panel of esteemed buyers, enterprise luminaries, and profitable entrepreneurs, marking a monumental second of their entrepreneurial journey.
