Chiang Mai University supports start-ups and spin-off companies that build low-carbon technology and a low-carbon economy. It does this by turning university research and intellectual property into new ventures, using joint-venture and co-investment models, and helping these ventures move from prototype toward the market. The ventures work on clean energy, energy efficiency, carbon capture and sustainable materials, and they serve universities, government agencies and industry. Together they extend the university’s research into practical solutions that support carbon reduction and SDG 7. The sections below present examples of these ventures in turn, followed by the ways in which the university supports them.
Energy Nakornping Co., Ltd. – Clean Energy and Environmental Management
Energy Nakornping Co., Ltd. was established as a spin-off company from the Energy Research and Development Institute-Nakornping, Chiang Mai University. It aims to work across renewable energy and energy conservation, alongside research that supports new technologies and knowledge sharing with communities. Its offerings include:
The company is supported through a co-investment model in a company with specialised expertise. Its target customers are Chiang Mai University units, government agencies and the private sector.
Novamatt Solution Co., Ltd. – Advanced Materials for Carbon Capture and Energy Storage
Novamatt Solution Co., Ltd. develops advanced materials that address climate and energy challenges. Its work includes:
Metal-organic frameworks (MOFs) designed to capture carbon dioxide (CO?)
High-performance anode materials for lithium-ion batteries, made from agricultural waste
The venture is supported through a joint-venture model that converts intellectual property (IP) into equity. Its target customers include organisations involved in carbon credit policy, the energy and business sector, and the cosmetics industry.
PowerLens – Smart Energy Monitoring System
PowerLens is a smart energy monitoring system developed by a student start-up team from the Faculty of Engineering, Chiang Mai University. It supports a low-carbon economy by helping organisations understand and manage their electricity use, which is a key step in reducing energy-related carbon emissions. It uses a single smart sensor with Non-Intrusive Load Monitoring (NILM) to measure and control electricity use. It tracks appliances in a building in real time, gives early warnings of abnormal operation that can help limit wasted energy, and shows on/off status, without a complex installation. Its prospective customers are organisations that manage their carbon footprint and carbon credits.
Chiang Mai University supports low-carbon start-ups and spin-offs through joint ventures, co-investment, IP-based equity and staged incubation. These ventures work on clean energy, energy efficiency, carbon capture and sustainable materials. Together they turn university research into practical solutions that contribute to a low-carbon economy and SDG 7. Further information on these ventures is available in the attached PDF below.