The ABB Startup Challenge is bringing innovative start-ups and ABB together to co-develop solutions to complex energy and climate challenges, says Massimo Muzzì, head of strategy, business development and sustainability at ABB Electrification.
What is the ABB Startup Challenge and how does it promote innovation?
The ABB Startup Challenge is an annual competition for start-ups to develop novel and more sustainable solutions to our most pressing challenges, primarily in the electrification space.
It’s been running for five years, and we look for start-ups with strengths that can amplify our core competencies. For example, in 2024, we focused on how AI solutions could enhance energy industry systems, from dynamic grid management to decarbonising commercial buildings.
Winning entrants are given the opportunity to embark on a six-month collaboration with ABB in which both parties co-develop a pilot solution that aims to push electrification technology forward.
There are benefits for both sides...