earth2tech: Cleantech Open Winner Revealed! EcoFactor Takes the Grand PrizeNov 19th, 2009 | By admin | Category: News
For the entrepreneurs competing to win the $250,000 grand prize package in the Cleantech Open business plan competition — and join the ranks of past winners like Adura Technologies — the wait is over. Tonight in San Francisco, the organization announced finalists from each region (listed below the break). But the big kahuna goes to smart thermostat software developer EcoFactor.
The 3-year-old startup, which beat out runners up MicroMidas (working on bioplastics) and Alphabet Energy (working on waste-heat recovery), has developed a service based on smart algorithms (read all about it here) that can continuously manage a home’s connected thermostat throughout the day, tweaking the settings ever so slightly to shave off energy consumption, but maintain a comfortable temperature.