Luxembourg and the GreenTech revolution: a sustainable innovation scenario
Although Luxembourg is mainly known for its place in the financial field and investment funds, it has also established itself in recent years as a platform for an entire ecosystem of innovation and entrepreneurship with an environment conducive to the emergence and growth of technology startups.
Among the various areas of innovation, the GreenTech sector has acquired a special prominence. GreenTech groups together all those technological solutions designed to improve the environment, reduce the ecological footprint and contribute to a more sustainable development. This sector ranges from clean energy, smart recycling and efficient resource management to sustainable mobility and technologies to combat climate change. The importance of GreenTech lies in its potential to transform traditional production and consumption patterns, aligning economic growth with the objectives of sustainability and environmental respect so necessary today.
In this context, Luxembourg stands out for its strong commitment to sustainable innovation and attracts both local and international entrepreneurs who see the country as an ideal hub for developing green solutions. Below we will explore the main GreenTech startups in Luxembourg, taking a look at their proposals, their projects and their impact on the environment.
Boson Energy
Source: bosonenergy.com
Boson Energy is a GreenTech startup founded in 2008 in Luxembourg by Jan Grimbrandt, an entrepreneur with long experience in clean technologies, and Professor Wlodzimierz Blasiak. The company was founded research that Professor Blasiak initiated as early as the 1980s, with the vision of producing local hydrogen directly from biomass and waste.
Its mission is to transform non-recyclable waste and biomass into green hydrogen and clean energy using advanced gasification and plasma technologies. This solution allows hydrogen to be produced locally, which eliminates the costs and emissions associated with hydrogen transportation and storage, and also contributes to the circular economy by valorizing waste that would normally end up in landfills.
Boson Energy also stands out for having been selected as one of the 100 global innovations to be considered for the regeneration of the future by the French organization 2050NOW La Maison.
WEO
Source: weo-water.com
WEO is another high-profile Luxembourg GreenTech startup, it was founded in 2020 by Imeshi Weerasinghe and Charlotte Wirion who met at VUB Brussels and share a vision of applying advanced technology to solve environmental challenges. The startup uses artificial intelligence and satellite data to generate high-resolution environmental analysis and facilitate decision-making in cities, businesses and agricultural sectors.
Its economic proposition is based on offering services and digital maps that allow customers to monitor and manage natural resources. Some examples of the use of its technological proposal are the management of urban trees and green roofs, the management of flood risks or the monitoring and control of surface temperature and urban biodiversity. WEO uses open data from Sentinel satellite missions combined with machine learning techniques to provide up-to-date, scalable and affordable information worldwide.
WEO's environmental impact is significant as its solutions help cities adapt to climate change, reduce the risk of floods and heat waves, and promote green infrastructure. The company actively collaborates with municipalities such as Dudelange and positions itself as a reference in the use of space technology for urban sustainability and climate resilience.
Keiryo Packaging
Source: keiryopackaging.lu
Keiryo Packaging Technologies was founded a decade ago and specializes in the development of advanced technology for the manufacture of lighter and more sustainable plastic packaging. They have a patented technology based on the science of polymer rheology, a branch of science that studies how polymeric materials deform and flow when a mechanical force or stress is applied to them. Its innovations make it possible to modify the molecular structure of plastics during the manufacturing process and thus achieve packaging that requires less material without losing functionality or strength.
The founding team includes Tangui Van der Elst, who highlights the company's mission in a nutshell: to improve material efficiency to reduce both environmental impact and production costs. Keiryo has raised more than 5.6 million dollars in several investment rounds and stands out for having a portfolio of more than 120 patents.
Its economic proposition is based on selling components and licensing its technology to companies in the plastic packaging supply chain.
Circu Li-ion
Source: circuli-ion.com
Circu Li-ion is one of Europe's most innovative startups in the field of sustainability and circular economy. It was founded in 2021 by Antoine Welter and Xavier Kohll and is based in Foetz. The company is revolutionizing the recycling and reuse of lithium-ion batteries through an automated upcycling platform that disassembles and diagnoses batteries at the end of their useful life. Its technology identifies cells that can be reused and maximizes the recovery of valuable materials.
Its business model combines two approaches, the “disassembly-as-a-service” approach where Circu Li-ion offers disassembly and diagnostic services and the “machine-as-a-service” approach that allows customers to operate their own Circu Li-ion machines under license and with technological support.
Circu Li-ion's environmental impact is significant: by extending battery life and reducing the need to manufacture new batteries it contributes to lower CO₂ emissions and lithium mining demand in addition to minimizing hazardous waste. Its goal is to upcycle 3 billion batteries by 2035. The company has recently raised €8.5 million in seed funding to expand its technology and operations and collaborates with major manufacturers of electric vehicles, micromobility and power tools.
Databourg Systems
Source: databourg.com
Databourg Systems was founded in 2017 by Dr. Ahmad Gharanjik as a spin-off from the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the University of Luxembourg. The company specializes in environmental data monitoring and analysis, especially in measuring and predicting heavy rainfall and extreme weather events using patented technology that leverages signals from satellite networks and telecommunications combined with artificial intelligence.
Its main product is called RainVision and offers the ability to monitor and receive real-time rainfall alerts and provides accurate and localized information for sectors such as agriculture, water management, flood prevention and infrastructure protection.
Databourg currently operates in Southeast Asia (Philippines, Indonesia) and Brazil, where its system is already fully implemented and is preparing to expand to other South American countries. Since 2024, Databourg has been part of the Komunidad group, which reinforces its global presence and impact capacity.
Greenworlder
Source: greenworlder.com
The next startup on the list is Greenworlder, a company founded in 2021 by Peter Bartholin, a lawyer and entrepreneur with a vision of transforming social media into a tool for positive environmental change. The company has developed a social platform dedicated to sustainability where users can share green actions, participate in sustainable challenges and receive rewards in the form of tokens for their contributions that can be as diverse as choosing cycling instead of driving or reducing meat consumption.
Its economic model combines community building with incentives: users earn rewards that they can redeem at partner merchants, while the platform collaborates with brands and organizations committed to sustainability. Greenworlder has raised more than 1 million dollars in investment rounds and is backed by programs such as Fit 4 Start and the ROC fund.
SolarCleano
Source: solarcleano.com
As the field of solar energy cannot be missed, there is also a Luxembourg startup in this area, it is SolarCleano a company founded in 2018 by Christophe Timmermans and Pol Duthoit, one of the largest European specialists in solar panel cleaning. The company was born from the combination of mechanical design expertise and practical knowledge in photovoltaic cleaning, to automate and optimize the maintenance of solar installations.
SolarCleano designs and manufactures autonomous and semi-autonomous robots for the efficient cleaning of solar panels, both in large solar fields and in residential or industrial installations, and sells its robots globally, with customers in more than 90 countries on 5 continents. It is also constantly innovating and developing artificial intelligence systems for predictive maintenance and data analysis.
SolarCleano has been recognized for its innovation by media such as Forbes and Time Magazine and aspires to be a world reference in robotic solutions for solar energy.
Frontier Connect
Source: frontierconnect.me
Frontier Connect was founded in 2015 and specializes in developing end-to-end IoT solutions for smart water management, agriculture, urban gardening and smart cities. Its Lumbara platform integrates advanced connectivity, edge computing, data analytics and machine learning technologies that together enable real-time monitoring and optimization of water consumption and distribution, as well as other urban and agricultural resources.
This startup stands out for the development of low-consumption and long-life devices and for its participation in collaborative projects such as the 5G-AGROBOT which is oriented to smart agriculture and was funded by the government of Luxembourg.
Wasdi
Source: wasdi.cloud
WASDI is a Dudelange-based technology startup founded in December 2020 as a collaboration between the Italian company FadeOut Software and the Luxembourg Institute of Science and Technology (LIST). Its main leaders are Lucien Hoffmann (CEO) and Paolo Campanella (CTO and co-founder). The name WASDI stands for “Web Advanced Space Data Interface” which reflects its mission to facilitate the access and processing of spatial data via the web.
The company has developed a cloud-based platform that allows users of all types to access, analyze and share satellite images of the Earth. Thanks to WASDI, both experts and non-technical people can monitor and map phenomena such as floods, bodies of water, urban areas, fires, burned areas, oil spills and air quality. In addition, the platform also supports the analysis of large amounts of data over time, which is useful for environmental and climate change studies.
WASDI's business model is based on offering access to its platform as a service and selling applications developed by third parties. Its clients and partners include international organizations such as the World Bank, the European Space Agency (ESA) and the Asian Development Bank (ADB).
BuildBuild
Source: buildbuild.io
Rounding out the top ten GreenTech startups is BuildBuild, a Luxembourg startup founded in 2021 by Marko Mihić Jeftić focused on digitizing and simplifying the management of construction projects and with an emphasis on small and medium-sized companies in the sector. The company has developed an intuitive platform that centralizes all the key tasks of a construction project, from planning and work progress tracking to budget control, document management and communication between teams, all in one digital space.
BuildBuild's approach helps SMEs compete with large players in the industry by increasing their efficiency and profitability without the need for large administrative teams. In addition, BuildBuild contributes to sustainability by reducing waste of materials and resources through better project planning and management, avoiding cost overruns, delays and errors.
The company has been recognized as one of the most promising startups in Luxembourg and has raised more than 2.5 million euros in funding to accelerate its development and international expansion.
Conclusion
The GreenTech startup ecosystem in Luxembourg is, as seen above, broad and diverse with companies addressing challenges such as water management, recycling, clean energy and sustainable digitalization. The growth and international projection of the GreenTech ecosystem in Luxembourg consolidate the country as a European benchmark in sustainability and clean technologies. If you have innovative ideas and want to be part of the game, develop innovative technologies and contribute to the environment but have doubts about how to get started, questions about administrative procedures or need help with legal issues related to incorporation remember that EasyBiz is here to help, contact us and we can work with you to make your ideas a reality.
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