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'Paint the Future' Startups Shortlist Announced

Wednesday, April 17, 2019

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Global coatings company AkzoNobel (Amsterdam) announced last week the 21 companies that had been shortlisted for its Paint the Future challenge, a new initiative to partner with startup companies with the goal to “accelerate innovation in the dynamic world of paints and coatings.”

This year’s shortlist includes self-healing microcapulses as an anti-corrosive pigment; smart technology for both corrosion protection and antifouling; and an optic fiber sensing system for detecting corrosion in hidden area.

Paint the Future Details

The Paint the Future event, to be held May 14-16 in Amsterdam, will be hosted by AkzoNobel and partner KPMG, a tax, auditing and advising company. Participating companies will have the chance to work with industry experts to further develop their projects, with the final goal being to work with AkzoNobel on sustainable business opportunities.

According to the company, the challenge is focusing on five areas:

  • Predictable performance - How can we collect and augment data more innovatively so that our predictions for real world surface performance become more accurate and efficient?
  • Smart application - How could your solution change or improve the way customers apply our products?
  • Circular solutions - How would your solution enable circular use of materials at any point in our value chain?
  • Enhanced functionality - What exciting new functionality can your technology offer to make coatings cleaner, more responsive or adaptive?
  • Life science infusion - How can your solution, containing bio-active technology, help bring better performance or innovative features to our coatings?

The program started accepting entries in early January 2019 and was open to early-stage tech companies around the world.

Shortlisted Companies and Projects

In the circular solutions category, industrial biotechnology company Cyanetics (Hertfordshire, England) is looking to implement bio-based conversion of CO2 from steelworks. In predictable performance, AOMS Technologies (Mississauga, Ontario) is developing an optical fiber sensing system to assist with the detection of corrosion in hidden areas.

The enhanced functionality segment likewise saw corrosion-related proposals from SAS Nanotechnologies LLC (Newark, Delaware), which is working on developing self-healing microscapsules as an anti-corrosive pigment, and Synmatter (Orlando, Florida), which is developing smart technology corrosion and anti-fouling. In a similar vein, in the life science infusion section, Ocean Science Limited (Hong Kong) proposed a coating with a natural anti-fouling agent.

“We were ecstatic to receive a total of 160 submissions and build an incredible innovation ecosystem,” said Klaas Kruithof, AkzoNobel’s Chief Technology Officer and Chairman of the Paint the Future jury.

“It’s the kind of collaboration that’s going to take us beyond what we previously thought possible. Now we’re looking forward to exploring the selected 21 opportunities in more detail at what will be an exciting accelerator event when we get together in Amsterdam.”

   

Tagged categories: AF; AkzoNobel; AS; Asia Pacific; Coating Materials; Contests; Corrosion protection; EMEA (Europe, Middle East and Africa); EU; Latin America; NA; North America; OC; SA

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