SaltX Technology winner of Serendipity Challenge 2017

SaltX Technology won Growth Company of the Year and the Industry’s Award in Serendipity Challenge 2017 – Sweden's largest entrepreneurship competition for start-up and growth companies. Out of 400 Nordic contributions, 50 companies competed in the final held in Visby, Gotland, where SaltX took home two prizes.

The jury's motivation for the Growth Company of the Year;

"With its unique technology, the company contributes to sustainable development in energy storage while addressing one of today's global challenges. The company uses a cost-effective and natural raw material and is well-equipped for the global market. "

"We are extremely happy and proud to win these two awards. To be selected by a jury from major industry companies such as ABB, Astra Zeneca and Stora Enso, confirms the industry’s strong belief in our company. This win will increase the visibility during our current expansion. We will take advantage of the good connections created this week, and look forward to new potential collaborations, "said Karl Bohman, CEO of SaltX Technology

For further information, please contact:

Karl Bohman, CEO SaltX Technology, tel: 070 560 02 68

About Serendipity Challenge

Serendipity Challenge is an entrepreneurial competition for startup and growth companies. An expert panel selects 50 companies among 400 grants, which will cover the finals during Almedalsveckan. 24 of the companies will be part of a jury of well-reputed Swedish investors, entrepreneurs and innovation experts, where since "Startup Company of the Year" and "Growth of the Year" respectively. The winners of each category receive a $ 200,000 growth package and a seat in the winning delegation to Silicon Valley. The competition is open to companies from all over the Nordic countries and in all sectors. The final is decided in Almedalen. 

About SaltX Technology

SaltX Technology develops and sells patented energy storage technology, which is marketed under the brand SaltX ™. Customers consist mainly of major global OEM partners such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's stock is listed on Nasdaq Stockholm First North. FNCA Sweden AB is SaltX Technology’s Certified Adviser. For more information, visit

About Us

SaltX Technology is an award-winning company in Sweden which has developed a worldwide patented ground-breaking nano technology, storing energy in salt for an unlimited amount of time to provide heating and/or cooling. The company is primary focusing on large scale energy storage, which is required to deal with the inconsistency of renewable energy supply. SaltX´s innovation, built with nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewable energy, globally.