South Africa - Startup under 3 years old

Décrivez votre projet en quelques mots

Riovic Energy transforms waste into clean energy batteries. We divert landfill waste and create sustainable LFP for a greener future.

01.01 Décrivez votre startup en détail

Riovic Energy is a young, innovative startup tackling Africa's waste management and clean energy challenges simultaneously. We're developing an innovative process that converts everyday waste – food scraps, plastic packaging, even old electronics – into Lithium Iron Phosphate (LFP), a critical component in lithium-ion batteries. Through a multi-stage process, we extract valuable materials from waste and combine them to create LFP, reducing reliance on environmentally destructive mining practices.

01.02 Quel est le problème principal que vous essayez de résoudre ?

Africa faces a dual challenge: overflowing landfills due to increasing waste generation and a growing need for clean energy storage solutions. Traditional LFP mining for batteries raises environmental concerns and social injustices in other parts of the world. We tackle both issues through a waste-to-LFP process. Here's how: - Waste Management Crisis: In Africa, landfills are reaching capacity. We divert waste from landfills, promoting a circular economy and reducing environmental pollution. - Unsustainable Mining Practices: Current reliance on LFP mining in other continents raises concerns about environmental degradation and social issues like child labor. We offer an alternative by creating LFP from waste within Africa, reducing the need for harmful mining practices. - Limited Clean Energy Options: Africa's transition to clean energy is slowed by a lack of readily available and sustainable battery storage solutions. We empower African countries to develop clean energy infrastructure.

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

Riovic Energy offers a triple win for Africa's future: 1. Environmental Sustainability: We divert waste from landfills, minimize reliance on virgin LFP mining, and create a cleaner environment for communities. 2. Clean Energy Solutions: Our waste-to-LFP process supports the transition to clean energy storage, powering a more sustainable future for Africa. 3. Socioeconomic Opportunity: Riovic Energy creates jobs in waste collection, processing, and LFP production, promoting economic growth and empowering local communities.

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

Our solution has a multi-pronged target audience: - Local Communities: Our waste management services address overflowing landfills, improving public health and sanitation in communities. Additionally, we create job opportunities in waste collection, processing, and LFP production, stimulating local economies. - Battery Manufacturers: As the demand for clean energy storage solutions rises, Riovic Energy offers a reliable and sustainable source of LFP for battery production within Africa. This reduces reliance on imported components and strengthens the continent's clean energy ecosystem. - Environmental Organizations: We align with environmental groups seeking to minimize landfill waste and promote responsible resource utilization. Our waste-to-LFP process reduces environmental pollution and promotes a circular economy, creating a cleaner future for Africa. - Government Agencies: African governments can benefit from our sustainable waste diversion strategy.

01.05 Quand votre entreprise a-t-elle été créée ?

01/06/2022

01.06 Vendez-vous déjà votre produit/service ?

Non

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

3

01.08 Parmi les autres propriétaires, combien sont des femmes ?

1

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

Sibo Mkhonta (female), who plays the role of chief scientist holds a BSc in Metallurgy and Materials Engineering and has experience working in anthracite coal mining under various roles. Nganono Dlamini (male), who plays the role of chief environmentalist hold an NDip in Crop Production and has worked in the forestry industry. Phiwa Nkambule (male), who plays the role of chief innovator has extensive experience in bringing new ideas to life and building commercial relationships.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

https://riovic.energy

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Énergie (équipements, services, énergie durable et fossiles)

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

By creating jobs in waste collection, processing, and LFP production, Riovic Energy stimulates local economies and empowers communities, particularly those struggling with poverty.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

3

02.02.02 Justification de la contribution de ma startup

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

4

02.03.02 Justification de la contribution de ma startup

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

2

02.04.02 Justification de la contribution de ma startup

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

2

02.05.02 Justification de la contribution de ma startup

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

2

02.06.02 Justification de la contribution de ma startup

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

7 - tout à fait d'accord

02.07.02 Justification de la contribution de ma startup

Our waste-to-LFP solution supports the development of clean energy infrastructure in Africa by providing a sustainable source of LFP for battery production. This reduces reliance on fossil fuels and promotes access to clean energy for African communities.

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

7 - tout à fait d'accord

02.08.02 Justification de la contribution de ma startup

Riovic Energy creates decent work opportunities across various skillsets – waste collection, processing facility operations, and LFP production. This promotes economic growth and fosters a skilled workforce in the clean energy sector.

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

7 - tout à fait d'accord

02.09.02 Justification de la contribution de ma startup

Our waste-to-LFP process is a prime example of sustainable innovation. By transforming waste into a valuable resource, Riovic Energy fosters responsible industrial practices and strengthens Africa's clean energy infrastructure.

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

2

02.10.02 Justification de la contribution de ma startup

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

7 - tout à fait d'accord

02.11.02 Justification de la contribution de ma startup

By diverting waste from landfills, Riovic Energy promotes cleaner and healthier communities in Africa. This reduces environmental pollution and public health risks associated with overflowing landfills.

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

7 - tout à fait d'accord

02.12.02 Justification de la contribution de ma startup

Riovic Energy's core concept revolves around responsible resource utilization. We promote a circular economy by transforming waste into a valuable resource for clean energy storage, reducing reliance on virgin material extraction.

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

7 - tout à fait d'accord

02.13.02 Justification de la contribution de ma startup

Our waste-to-LFP process contributes to climate action by mitigating greenhouse gas emissions in two ways. Firstly, by diverting waste from landfills, we reduce methane emissions from organic waste decomposition. Secondly, through the production of LFP for clean energy storage solutions, Riovic Energy enables the transition away from fossil fuel dependence.

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

1 - pas du tout d'accord

02.14.02 Justification de la contribution de ma startup

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

2

02.15.02 Justification de la contribution de ma startup

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

2

02.16.02 Justification de la contribution de ma startup

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

4

02.17.02 Justification de la contribution de ma startup

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

2

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

6

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

7 - Tout à fait d'accord

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

4

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

3

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

6

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

1 - Pas du tout d'accord

06.08 Justification

Riovic Energy strongly believes our waste-to-LFP process is innovative. Here's why: - Novel Approach to LFP Production: While LFP is a known battery component, currently, traditional mining methods dominate its production. Riovic's solution utilizes everyday waste – a previously untapped resource – to create LFP. This approach is entirely new and represents a significant shift in the LFP production landscape. - Multi-Stage Waste Conversion: Our process isn't simply recycling waste. It's a multi-stage conversion process that extracts valuable resources (carbon, iron, phosphoric acid) from diverse waste streams and transforms them into LFP. This innovative approach maximizes resource recovery from waste. - Addressing Unsolved Challenges: Existing waste management and LFP production methods create environmental and social issues. Riovic's technology tackles both problems simultaneously, offering a solution where existing approaches fall short.

06.09 Analyse compétitive

- Traditional LFP Mining Companies: These companies focus on mining LFP from the earth's crust. Riovic Energy stands out by offering a sustainable alternative that eliminates the environmental and social issues associated with mining. - Waste Management Companies: Existing waste management companies primarily focus on landfill disposal or basic recycling processes. Riovic Energy goes beyond basic waste management by transforming waste into a valuable resource for clean energy storage. - Battery Recycling Companies: Companies specializing in battery recycling recover materials from spent lithium-ion batteries. Riovic Energy operates upstream by creating new LFP from waste, reducing reliance on recycled battery materials and creating a more circular economy.

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?

Yes. Every startup I found includes a female co-founder.