The Alternō group
Alternō is a Vietnamese startup offering a thermal power storage answer utilising sand battery know-how. It not too long ago secured over US$1.5 million in an oversubscribed seed funding spherical co-led by The Radical Fund (Singapore) and Touchstone Companions (Vietnam).
On this article, Alternō co-founder and CEO Kent Nguyen discusses his roller-coaster journey:
“Our journey started with a profound realisation between co-founders Hai Ho and myself, whose paths converged over a shared dedication to sustainability. Earlier than the COVID-19 pandemic, we collaborated on a sustainable journey undertaking, laying the groundwork for a deeper connection.
Publish-COVID-19, as Ho constructed an off-grid home and confronted the constraints of lithium batteries whereas Nguyen delved into power storage options, an informal dialog ignited the spark for Alternō. This second of uncertainty marked the start of our quest to deal with power storage challenges.
Additionally Learn: Vietnam’s sand-based thermal power storage startup Alternō secures US$1.5M
The urgency to speed up our undertaking was propelled by a gasoline disaster in Saigon in November 2022. Throughout this essential interval, we met Nam Nguyen, who would later grow to be our CTO. Recognising the severity of the power dilemma, we had been decided to contribute to a sustainable future, not only for the world however for his or her kids’s era.
Embracing the entrepreneurial spirit
Our entrepreneurial journey concerned important private sacrifices, with the three co-founders dipping into our financial savings to gas our imaginative and prescient. This dedication underscored our beliefs in Alternō’s mission past a enterprise enterprise; it was a pledge for our offspring’s brighter future.
Regardless of being a lean group, Alternō quickly transitioned from idea to industrial product, attaining its first buyer deployment inside a yr. This milestone was made potential with the assist of organisations, such because the Japan Worldwide Cooperation Company, JETRO, Ho Chi Minh BSSC, UNDP, Affect Sq., and Go away A Nest. Their help was instrumental in overcoming our early challenges and laying a stable basis for Alternō.
What units Alternō’s group aside is the private connection to the agricultural sector, which many group members’ households are a part of. This intrinsic understanding of the challenges inside agriculture deepened our dedication to creating options that may instantly affect our personal households within the foreseeable future.
Envisioning a sustainable future
Alternō is poised to redefine the panorama of sustainable power. The ambition is evident: drastically reducing international carbon emissions with their pioneering thermal battery know-how. Alternō envisions a world the place sustainable power is accessible and inexpensive for all, heralding a brand new period of eco-conscious residing.
The narrative of the three co-founders embodies the essence of innovation, collaboration, and a steadfast dedication to sustainability.
Additionally Learn: Alterno, Forte Biotech, AirX Carbon win Web Zero Problem 2023 in Vietnam
Our journey with Alternō is a beacon of hope, inspiring a motion in the direction of a extra sustainable and energy-efficient world.”
(As advised to Editor Sainul Abudheen Okay)
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