Ignite Sweden reaches 1,000 business meetings between startups and corporates - Stockholm Exergi partnering up with Sentian.ai

 Ignite Sweden celebrates 1,000 business meeting between startups and corporates, with a total of 184 startups and 48 corporates at the MINC incubator on 24 May 2018.

Ignite Sweden celebrates 1,000 business meeting between startups and corporates, with a total of 184 startups and 48 corporates at the MINC incubator on 24 May 2018.

Ignite Sweden can already showcase several successful collaborations such as Alfa Laval and Ekkono. A recent addition to it's successes is an AI-powered energy case between Stockholm Exergi (formerly Fortum Värme) and Sentian.ai.

In conjunction with the Nordic Clean Energy Week, Ignite Sweden brought together 13 corporates and 51 startups at the MINC incubator in Malmö last week. It also coincided with reaching 1,000+ tailored match-makings with a total of 184 startups and 48 corporates.

One of the Ignite meetings is between the artificial intelligence startup Sentian.ai and Stockholm Exergi. They first met in Malmö late in September 2017, during a previous Ignite match-making event. Less than a year since their first meeting, they are running a pilot together. 

- We hit it off from day one. It was the two halves of one solution coming together, our technology and their needs, says Martin Rugfelt, CEO and founder of Sentian.ai.

Sentian.ai helps large companies transforming their businesses to become algorithmically driven through AI and machine learning. The clean-energy and heating company Stockholm Exergi caught their interest already last year.

– We have been already carrying out pilots in our facilities around to how we operate and maintain the power plants. Collaboration with Sentian.ai have been valuable for us to understand new applications and the potential in digitalizing our processes, says Gunnar Borgström, Head of Digital concepts at Stockholm Exergi.

Sentian.ai and Stockholm Exergi are collaborating on a learning anomaly detecting solution for distributed heating plants, meaning identifying when something is not right in the power plants.

– From a startup point of view Stockholm Exergi is an ideal partner. They have the will, the means and the preconditions for a successful collaboration - says Martin Rugfelt.

– It has been extremely beneficial for us to work with startups, in this case Sentian.ai, as we can learn a lot, both form their expertise in the area but also about how to approach challenges in new ways, says Gunnar Borgström.

Stockholm Exergiand Sentian is just one of 1000 tailored meetings that Ignite Sweden have arranged since their inception. Half of those meetings has resulted in a continued dialogue, with 18 projects commercialised to date.

About Ignite Sweden

To increase the pace of innovation and economic growth, it's necessary to establish tighter bonds between Sweden’s great startups and large corporates. Ignite Sweden is a national initiative and will run until January 2020. The overall aim for the project is to help startups to find their first large customers. The project is led by THINGS, STING, LEAD, MINC, UMINOVA and SISP. Ignite Sweden is co-funded by Vinnova and supported by the Swedish Energy Agency.

Source: www.mynewsdesk.com/se/sisp/pressreleases