HKG Energy Awarded 1st Runner-Up Prize at New Venture Challenge 2025
HKG Energy proudly won 1st Runner-Up at the 2025 New Venture Challenge after joining the startup bootcamp in Ho Chi Minh City
January 2025 – HKG Energy is honored to be awarded the 1st Runner-Up prize at the New Venture Challenge 2025 following participation in the program’s intensive startup bootcamp in Ho Chi Minh City, Vietnam.
The New Venture Challenge supports early-stage startups through training, mentorship, and investor engagement, culminating in a final pitch competition. HKG Energy presented its silicon anode technology, designed to enable higher-performance, lower-cost batteries adaptable across multiple applications, from consumer electronics to aviation.
Through the program, HKG Energy refined its business model and deepened its understanding of scaling strategies in emerging markets. The experience also provided opportunities to connect with mentors, investors, and peers working across climate and technology sectors.
The Company is honored to be recognized as 1st Runner-Up and is grateful to the New Venture Challenge team, mentors, and partners for their support. This milestone reinforces HKG Energy’s commitment to advancing sustainable energy storage solutions and building pathways to commercialization.
About HKG Energy Inc.
HKG Energy Inc. is a battery technology startup headquartered in Somerville, Massachusetts, and a member of Greentown Labs. The company is developing Terra Silicon, an advanced silicon-based anode material that can integrate into a wide range of battery chemistries. By enabling higher performance and cost-effective energy storage, HKG Energy supports the advancement of applications across power tools, consumer electronics, robotics, electric vehicles, and aviation.
About the New Venture Challenge
The New Venture Challenge is a startup competition and accelerator program based in Vietnam. Designed to support early-stage entrepreneurs, the program provides training, mentorship, and exposure to investors, culminating in a pitch competition where selected startups compete for funding and recognition. The initiative fosters innovation and entrepreneurship in Vietnam’s growing startup ecosystem.