Corrolytics Selected To Participate in Global Accelerator

Jun 7, 2024 | Press

Houston, TX – Corrolytics has joined Class 4 of the Rice Alliance Clean Energy Accelerator—Houston’s preeminent clean energy startup accelerator.

The accelerator invites promising, transformative global energy tech startups to participate in an annual program that kicks off in July in Houston. Once in the program, startups have access to 70+ industry experts and successful entrepreneurs serving as mentors, as well as a dedicated leadership team including four Executives-in-Residence, who bring extensive field expertise and will provide personalized guidance and mentorship.

Selected from an impressive pool of global applicants, Corrolytics will join 11 others in the fourth cohort of the accelerator. Collectively, these startups are driving innovation in advanced materials, carbon management, digital tech, energy efficiencies, hydrogen, solar, and corrosion detection.

“Being selected for the Rice Alliance Clean Energy Accelerator is a tremendous honor for our team,” said Anwar Sadek, Corrolytics CEO and Co-Founder. “With access to the accelerator’s resources and network, we’re poised to accelerate our development, secure strategic partnerships for pilots, and advance towards our seed fundraising goals.”

Demo Day will be hosted in Houston on September 12th as part of the Inaugural Energy and Climate Startup Week in Houston.

Corrolytics is revolutionizing corrosion detection and monitoring for industrial assets with our cutting-edge, patented technology. Addressing a $2.5 trillion global corrosion problem, we eliminate 1.2 gigatons of carbon footprint linked to replacing corroded steel. Our solutions enhance operational efficiency and safety, extend the lifespan of existing infrastructure, and de-risk the energy transition. Corrolytics is the future of sustainable industry.

The Rice Alliance for Technology and Entrepreneurship, the host of the Clean Energy Accelerator, has a 20-year history of supporting startups, tech, and the innovation ecosystem. Since its inception, more than 1086 energy tech ventures have participated in its forums and raised more than $7.8 billion in funding. Since its launch, the Rice Alliance Clean Energy Accelerator has supported 43 ventures across 3 classes. These ventures have raised more than $166 million in funding, identified and launched pilots, met investors, hired staff, and moved their offices to Houston.

Learn more about the Rice Alliance Clean Energy Accelerator at ricecleanenergy.org.

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