HomeNews & EventsBill Gates’ climate fund invests in two TU/e spin-offs

Bill Gates’ climate fund invests in two TU/e spin-offs

4 October | Breakthrough Energy, a private investment coalition founded by Bill Gates, is making funding and resources available to the Eindhoven companies RIFT and Cellcius, both of which originated from TU Eindhoven. It is the first time that Benelux companies have received support from the fund, which also provides mentoring and education in addition to funding. Gates wants to use this coalition to accelerate the development of technologies that will contribute to a climate-neutral world in 2050.

For TU/e president Robert-Jan Smits, the Gates award to two TU/e spin-offs is confirmation that the university is becoming placing increasingly emphasis on important social themes such as climate and sustainability. Both spin-offs are linked to the university’s research institute EIRES, which focuses on developing technology for the energy transition.

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Group picture of Breakthrough Energy Fellows, second cohort, including two TU/e spin-offs
© Breakthrough Energy
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