PHYSEE recognized as top-class innovator, receiving a EUR 2M subsidy grant from the European Innovation Council
- The GlasSkin project, proposed by PHYSEE Group B.V. received a EUR 1.913.000,- subsidy from the European Innovation Council (EIC), out of 1644 submitted proposals fro m other small and medium-sized enterprises (SME)
- The SME Instrument, part of the European Innovation Council (EIC), supports top-class innovators, entrepreneurs, small companies and scientists with funding opportunities and business acceleration services.
- This funding will be focused on financing R&D as well as scaling up operations within the business. Further information regarding the 2018 SME Instrument round can be found at the European Commission’s website.
GLASSKIN AND THE BACKGROUND OF THE FUNDING
PHYSEE, the Delft based tech company developing energy and data-generating windows, raised a EUR 2M subsidy from the European Innovation Council in its phase II SME Instrument. The subsidy was rewarded to 65 SME’s with an innovation project demonstrating promising potential and who position their intentions on strengthening innovation capacity as well as increasing value within their market and into society. GlasSkin, PHYSEE’s project that gained recognition from the commission panel in Brussels for its sustainable and innovative perspective, aims to increase the productivity and energy savings of their Power- and SmartWindows. The proposal underpins the European 2020 strategy for smart, inclusive and sustainable growth. Thus, reaching a new benchmark for the real estate industry.
HOW THE SUBSIDY WILL BE USED
The subsidy comes at a crucial moment in the company’s roadmap, currently shifting its dynamics from a research-based start-up, to a more established SME preparing for scale up. Together with an earlier finance round the subsidy will be used to further develop business functions, to grow towards operational excellence and to enable sufficient resources for the desired employee head count that is needed for execution of the growth plan. The two main focus points of the grant will go towards investing in R&D and scaling up the business for international expansion.
“This subsidy will enable the R&D team to further develop different technologies, concentrating on the optimization of its coating, which re-emits solar light into electricity through solar cells, to improve efficiency of both PowerWindows and SmartWindows. The financing will allow for additional resources to be made available, making the process of elevated output levels quicker and more efficient.” Willem Kesteloo, CFO and co-founder of PHYSEE Group B.V.
Another Commission-focused intent of this funding is on supporting internationalization and improving access of markets, falling closely in line with PHYSEE’s initiating efforts of international expansion. The timing of focus on European expansion is to encourage global standards of energy-efficient and smart building facades.
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ING REF Duurzaam wordt platform voor verduurzaming en innovatie
Op dinsdag 5 juni tekenden ING Real Estate Finance en PHYSEE een partnershipovereenkomst met als doel klanten van ING REF te helpen met het inzetten van innovatieve oplossingen bij hun verduurzaming.
Peter Göbel, algemeen directeur ING Real Estate Finance Nederland: “Door het partnership aan te gaan met PHYSEE PowerWindows en SmartWindows creëren we een platform van verduurzaming en innovatie. Een platform waarbij ING inzichtelijk maakt welke maatregelen er genomen moeten worden en de klant in contact brengt met partijen die daarbij kunnen helpen.”
PHYSEE Raises EUR 1.5M ($1.85M) to Accelerate Development and Sales of Transparent Smart and Sustainable Building Facade Solutions.
PHYSEE Group B.V., the tech company behind the PowerWindow and SmartWindow, smart electricity generating windows, today announced that she has raised EUR 1.5M ($1.85M) with a specifically assembled Clean-Tech Real Estate Consortium. The consortium is a one-time combination of Dutch real-estate industry leaders, Daan van der Vorm (Vorm Ontwikkeling), Coen van Oostrom (Edge Technologies), Job Dura (Dura Vermeer Groep), the Van Veggel Family (Timeless investments), and tech company builder and serial investor Dinko Valerio (CRXL).
PHYSEE SELECTED AS ONE OF THE WINNERS OF MIPIM WORLD START-UP COMPETITION
During the 29th MIPIM real estate conference in Cannes, France, PHYSEE has become one of the winners of the World Start-Up Competition. During the finals, 9 proptech start-ups from all over the world pitched in front of the jury and a crowd of 700 enthusiasts. PHYSEE was selected as one of the winners by the jury, consisting of various professionals with an extensive background in real estate technologies and innovations.
Winning this start-up competition, provides PHYSEE with recognition from worldwide real estate markets. PHYSEE will leverage this when expanding to European markets such as Germany, France and UK.
DOING BUSINESS AS A FORCE FOR GOOD: PHYSEE RECEIVES B CORP CERTIFICATION
14th of September - After passing the necessary B Lab assessments, PHYSEE has been officially recognized as a B Corporation.
B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency.
Today, there is a growing community of more than 2,100 Certified B Corps from 50 countries and over 130 industries working together toward 1 unifying goal: to redefine success in business.
media markt innovation lab interactively exposes powerwindow
11th of July - MediaMarkt Eindhoven shows an interactive PowerWindow-video box in its Smart Home department. During the coming month, MediaMarkt visitors can give their opinion regarding our products, get more info on how to become a PowerWindow Ambassador and take a look at a real PowerWindow!
ferdinand grapperhaus ON THE STAGE AT World economic forum 2017 annual meeting of the new champions in dalian
29th of June 2017 = During the annual summer event of the World Economic Forum in Dalian, Ferdinand Grapperhaus shared the stage with Mr. Keith Bradsher, Bureau Chief of the New York Times China, with Mrs. Changhua Wu, Director Asia of Jeremy Rifkin Institute and Mr. Marco Gazzino, Head Partnerships and Innovation of Enel, to discuss the rising importance of technology in the light of US withdrawal from the Paris Agreement.
vorm ontwikkeling and physee sign deal to implement 1800m2 of powerwindows
20th of June - At the Provada in Amsterdam beginning of June the first contract was signed by Daan van der Vorm, CEO Vorm Holding, Hans Meurs, CEO Vorm Ontwikkeling B.V., and Maarten de Haas, Head Business Development PHYSEE. From that point on VORM showed their commitment towards making their BOLD project as futuristic and environment friendly as possible by acquiring 1800 square meters of PowerWindows and 100 EESYboxes. In such way enabling future tenants and home owners to charge their devices with the glass they look through.
PHYSEE AWARDED AS TECHNOLOGY PIONEER WORLD ECONOMIC FORUM
14th of June 2017 = PHYSEE was selected among hundreds of candidates as one of the World Economic Forum’s “technology pioneers”, a selection of the world’s most innovative companies. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Scribd, Spotify, Twitter and Wikimedia. .
First Powerwindows in amsterdam are installed
7th of June 2017 - After a sustainable renovation, taking place over summer of 2018, the office will become home to the 600 employees. The employees will be able to charge their phones, tablets and laptops from the solarenergy produced by the PowerWindows. Additionally the energy generated from these windows will be integrated into the grid.
powerwindow technology presented on late night show jinek live
18th of January 2017 - Eva Jinek invited our CEO Ferdinand Grapperhaus to her late night television show to show the PowerWindow and tell about our experience on the Dutch trade mission. Together with HRH Constantijn Ferdinand reflected on CES 2017 and shared a part of our vision of make the build environment energy neutral. See the link for the episode in Dutch.
PHYSEE represents at CES 2017 In las Vegas
7th of January 2017 - PHYSEE was invited to join the Dutch trade mission to CES 2017 in Las Vegas and to participate on a VC road show in Silicon Valley. Together with Dutch Minister of Economic Affairs Henk Kamp and Start-Up Delta Special Envoy HRH Constantijn three of members of PHYSEE management showed our technology to thousands and pitched to the special few. Besides exposing the team also got the opportunity to get inspired.
PHYSEE WINS THE POSTCODE LOTERY GREEN CHALLENGE
18th of September 2016 - the winner was praised by the jury because his technology adds value to a component every building needs. The prize money could help the company take the next step and gain validation in a conservative market. The international jury was led by José María Figueres, chairman of the Board of Directors of Rocky Mountain Institute-Carbon War Room and former president of Costa Rica: “The jury is very impressed with their enthusiasm and creativity to reduce CO2 emissions. We expect to hear more from them in the future!”