Nicor Energy Ventures announces $100,000 investment in two mHUB Climate and Energy Tech Accelerator startups
NAPERVILLE, IL – December 8, 2022 – Today, Nicor Energy Ventures, an affiliate of Nicor Gas and subsidiary of Southern Company Gas, is announcing a combined investment of $100,000 in two mHUB Chicago Climate and Energy Tech Accelerator startups, blip energy and Hago Energetics.
blip energy develops accessible and portable smart home batteries that act as backup power stations for homeowners and renters. Hago Energetics creates decarbonization solutions by working with farms to convert methane from food scraps and animal waste into green hydrogen. Both startups were selected by Nicor Energy Ventures following the six-month accelerator, of which Nicor Gas was a sponsor.
“At Nicor Energy Ventures, we are committed to the growth of our region’s clean tech manufacturing sector,” said David Poroch, executive vice president and chief financial officer for Southern Company Gas and director for Nicor Energy Ventures. “We are thrilled to support blip energy and Hago Energetics to help advance these technologies, create jobs, and accelerate the clean energy economy.”
mHUB, one of the nation’s leading independent hardtech and manufacturing innovation centers, launched the Climate and Energy Tech Accelerator program earlier this year to identify early-stage startups committed to creating infrastructure solutions in renewable energy, hydrogen, carbon capture, energy storage and distributed energy sources. Nicor Gas was a sponsor of the program.
To learn more about mHUB and the Climate and Energy Tech Accelerator program, visit www.mhubaccelerator.com.
About Nicor Energy Ventures Company
Nicor Energy Ventures Company (NEVC) is a subsidiary of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). NEVC is committed to making meaningful impacts on the future of energy and ensuring that natural gas is part of the transition to a clean energy future.
About Southern Company Gas
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America’s premier energy company. Southern Company Gas serves approximately 4.3 million natural gas utility customers through its regulated distribution companies in four states with approximately 600,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines and ownership and operation of a natural gas storage facility. For more information, visit southerncompanygas.com.
Media Contact:
Allison Gregoire
470.733.2076
aegregoi@southernco.com
