Antoine Welter (third from right) with his award standing next to prime minister Xavier Bettel and his Circu Li-ion co-founder Xavier Kohll (third from left) at the CYEL gala ceremony on Thursday evening. CYEL

Antoine Welter (third from right) with his award standing next to prime minister Xavier Bettel and his Circu Li-ion co-founder Xavier Kohll (third from left) at the CYEL gala ceremony on Thursday evening. CYEL

Circu Li-ion develops solutions for the upcycling of battery cells. Its CEO and co-founder has been named the 2022 Creative Young Entrepreneur Luxembourg by the Junior Chamber International Luxembourg.

Antoine Welter co-founded Circu Li-ion with Xavier Kohll as a start-up looking to make an impact on the sustainability of the battery industry as batteries are becoming more and more essential in our everyday life.

The 2022 Creative Young Entrepreneur Luxembourg (CYEL) awards ceremony, the culmination of the 16th edition of the competition, was held at the Chamber of Commerce on Thursday 1 December. High profile guests, including prime minister (DP), who gave a keynote address, attended the gala event. CYEL is a competition organised by the Junior Chamber International Luxembourg and is open to young entrepreneurs aged between 18 and 40, who work within or own a company established in Luxembourg.

Alex Pospekhov was awarded second prize for his Mission Space enterprise that is looking to provide a satellite-based space weather forecast to solve the lack of warning tools in space, while third place went to Maciej Waloszyk from Cascade, a Fintech/Regtech firm that provides an administrative, compliance and governance solution to SMEs allowing for digitisation of customer-related data and autonomous treatment of day-to-day activities.

In addition to the main prizes, the jury awarded two Coup de Coeur. The first went to Mission Space, which means MeluXina will provide them with a tailored HPC journey to make the most of their solution.

The Coup de Coeur: The Rookie was awarded to Lyazid Benyahya from Veezzy, a young startup that aims to make video content creation more accessible to small business owners.