ShiftT, Tupy’s business generation program for startups, receives 85 registrations for the second round

ShiftT, Tupy’s startup accelerator, closed the registration process for the second cycle with 85 registered companies to participate in the 2022 program. The registered startups come from all regions of Brazil and other countries, such as the U.S., Venezuela and Portugal. The next stage consists of selecting the startups that will be accelerated by Tupy. The results will be disclosed in October.

“During the registration process, we noted that the entrepreneurs’ profile is well balanced, with a significant growth in the number of startups falling into ‘Sustainable Business’ and ‘Innovative Business Models’, pointed out Daniel Moraes, Head of Innovation and Digital Transformation at Tupy. Besides the profiles mentioned by Moraes, other registering categories were “Synergy with the Business” and “Digital and Industry 4.0”.

The selected companies will benefit from the connection with the entire structure of Tupy, a Brazilian multinational company that is a benchmark in the steelmaking industry with operations in Brazil, Portugal, and Mexico, in addition to other 30 countries.

Remember the accelerated startups from the first edition

• Exy, the creator of a wearable exoskeleton that contributes to people’s ergonomics. Supported by ShiftT, it has already carried out its Proofs of Concept in operations in Santa Catarina and Minas Gerais and is planning a new POC in Portugal;
• Green Fuel, the creator of a system for combustion engines that reduces gas emissions and fuel consumption by using hydrogen;
• Hedro, develops technologies to prepare industrial, commercial, and rural environments with smart wireless sensors; and
• Pix Force, offers computer vision and machine vision solutions based on artificial intelligence and machine learning.

“It’s always good to reinforce ShiftT’s truly innovative and unique value proposition. The first edge is the equity free concept, as entrepreneurs do not need to give up part of their company to participate in the acceleration process. We also remunerate for the Proof of Concept (POC), and finally, we deeply respect startups’ intellectual property and talents,” concluded Daniel Moraes.

About TUPY

A Brazilian multinational company that designs and manufactures cast iron structural components with highly complex geometry and metallurgy. These engineering solutions are applied to the transportation, infrastructure, agribusiness, and energy generation sectors, contributing to the quality of life of people, promoting access to health, basic sanitation, drinking water, and the production and distribution of food worldwide. The production is concentrated in the Brazilian factories located in Betim (MG), Joinville (SC), and Mauá (SP), and abroad, in the cities of Aveiro, in Portugal, and Saltillo, and Ramos Arizpe, in Mexico. The Company also has commercial offices in Brazil, Germany, Italy, and the U.S.