HomeFranceGrand Prix ACF AutoTech Announces Winners for 7th Annual Contest

Grand Prix ACF AutoTech Announces Winners for 7th Annual Contest

Grand Prix ACF AutoTech

Grand Prix ACF AutoTech, a Paris, France-based accelerator encouraging innovation amongst automotive startup companies globally, announced the winners for their 7th annual contest.

The winners are:

  • For the Grand Prix ACF Award, designed for companies that received a round A of funding or more, the winner is Genomines, which recovers metals from plants in order to produce nickel without any mine facilities.
  • For Prix Pionnier ACF Award, for companies at the seed funding stage, the winner is Diamfab, which specializes in diamond semiconductors designed for power electronics and quantum applications.
  • For the Mention GPACF GreenTech Award, for startups that have a positive impact on the environment, the winner is cylib, which has developed a holistic, eco-efficient process for the recycling of Lithium-Ion batteries.

The companies were chosen from over 94 applicants and 19 different countries. The jury, that consists of executives from Renault Group, Forvia, OP Mobility, Crédit Agricole, FIDAL, and MOTUL, listened to pitches from the 6 finalist startup companies to select those that have proven excellence in commercialization, manufacturing, and design in the automotive industry.

Led by Richard de Cabrol, Directeur Général at Grand Prix ACF AutoTech, powered by ESSEC, the accelerator was established to propel innovation amongst entrepreneurs in the automotive industry, promoting efficiency and sustainability. Each year, Grand Prix ACF AutoTech holds a contest to choose the top automotive startup companies that will be nurtured by the accelerator.

Based in Paris, France, the accelerator leverages the expertise of local companies like Renault Group, Forvia, OP Mobility, Crédit Agricole, FIDAL, and MOTUL.

Grand Prix ACF AutoTech was started through a joint venture between Automobile Club de France, founded in 1895 by French car makers, and ESSEC Business School, a school dedicated to developing the next generation of entrepreneurs.

VCWire

25/04/2024