Skip to main content

Camus Energy, Bidgely, and LiveEO identified as leading startups helping utility companies digitize and automate operations

Amid the shift to renewable energy, this Market Map looks at the tech providers helping utility companies like National Grid and Dominion Energy decrease costs while stabilizing power supplies on the grid.

The power grid is currently undergoing some of the biggest operational changes since the adoption of AC power more than a century ago.

The old power grid was centered around large, centralized, fossil fuel-based power plants located away from population centers as well as the use of transmission and distribution lines to connect power generators with power consumers.

Renewable energy sources like solar and wind are now challenging the fossil fuel-based nature of conventional power generation, while new distributed energy resources (DERs) like rooftop solar panels are shifting power stations to a more decentralized model. While these changes make the power grid more sustainable, new digitization and automation tech is required to bring these devices onto the grid in a way that is cost-competitive with conventional fossil fuel power generation.

SAP.iO startups Camus Energy, Bidgely, and LiveEO were identified by CB Insights alongside 146 startups as leading startups addressing 8 technology priorities for utility companies, from distributed energy resources to micro-grid/off-grid.

Read More…

Inspiring Innovators: Taro Sasaki CEO and Founder of Hacobu, On being a little ‘crazy.’

At SAP.iO, we work with innovative people and new technologies that positively impact our world every day, and we think it’s time to share their stories with you! In our series, “Inspiring Innovators,” we get to hear how founders, CEOs, and presidents of cutting-edge startup technologies overcame, thrived, and pursued their goals. SAP.iO’s Alexa Gorman sat down to discuss the road to success and lessons learned with some of our most inspiring startup founders.

Meet Taro Sasaki

Taro Sasaki has always enjoyed inventing things, even from a very young age. It is no surprise that his path led him to entrepreneurship, where he uses his love of discovery and educational training to create new businesses. With a background in consulting, Taro decided he wanted a more international perspective, so he attended business school in the United States. After spending two years in the States as a consultant, he returned to Japan, where a colleague shared an opportunity for him to be the CEO of a new beauty discovery eCommerce platform. His next steps led him to launch a new company that also provided goods in the food industry. With a taste for entrepreneurship, Taro decided that he wanted to launch a business that would look to solve problems that could make a difference in his community.

With this goal in mind, Taro Sasaki founded Hacobu. Hacobu developed MOVO, a cloud-based integrated logistics solution and operations management system utilizing in-vehicle terminals. It allows users to connect with carriers and shipping companies online. The platform accumulates distribution data from various companies to optimize the physical distribution system. In doing so, saving time, money, and providing data for properly sourcing suppliers to make the process running efficiently for the end users in communities both small and large. Toyota Industries Corporation, Nestle, and Unilever are just a few companies that utilize Hacobu’s innovative technology.

“It is hard to be an entrepreneur because if you think too logically, you might not take the risk and miss something. You must apply some logic, be smart, but also something you need to be a little crazy.”

Read More…