Enwise, a CM portfolio company specializing in building green power plants for the food processing industry, is a finalist at PepsiCo’s inaugural APAC Greenhouse Accelerator Program. The PepsiCo program is focused on developing packaging and climate solutions to help shape the future of sustainability.
In June 2023, 10 startup finalists for the program were announced, all selected by a committee of leaders from PepsiCo. Enwise is one of the 3 finalists from China.
Enwise is a biotech energy company that develops green power plants. It takes organic waste for input, with green energy as the output. A unique feature of Enwise’s systems is the integration of biology, hardware and intelligent software designed to fully maximize energy production from organic waste, such as potato peels, from food factories. Its proven organic energy solutions are trusted by multinational food companies such as Mars, Nestle, Oatly, Dohler and more.
PepsiCo currently operates an Enwise Green Power Station at PepsiCo’s Lay’s factory in Wuhan. This green power plant processes 30 tons of sludge and potato peels daily, producing 4,000 kWh of green electricity. As a bonus, the process also outputs very high-quality fertilizer, which in turn can be used to grow more potatoes.
All finalist startups will receive support during the four-month business optimization program designed to accelerate growth, including US$20,000 in grants, as well as direct mentorship from PepsiCo experts.
At the end of the program, one winning startup will be walk away with US$100,000 and opportunities to continue partnering with PepsiCo on future projects. Winners will be announced in October 2023 in Singapore.
Enwise has a string of regular wins in the green space in recent history, including: Shanghai Green Technology Innovation Competition (2nd place), She Loves Tech 2022 Global Startup Competition (winner), UNIDO Global Call 2021 (United Nations Industrial Development Organization, finalist), Young Green Tech 2021 (winner), and more.
Enwise’s dry anaerobic digestion technology processes organic waste on-site to generate clean, renewable energy. The compact on-site system also cuts out carbon emissions in a typical waste transfer chain. Food processing plants deploying Enwise’s green power plant enjoy a multitude of benefits including:
As the most compact bio-energy system in its class, Enwise green power plants are modular, scalable, easily integrated into the existing production process, accepts a wide spectrum of organic waste.
Enwise’s focus is on customers in the food industry, providing food processing plants with a complete solution to turn organic waste into clean, usable bio-energy.
Announcement of finalists:
Enwise news center:
PepsiCo APAC Greenhouse Accelerator Program: