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Pangyo Techno Valley: Leading the Charge in ESG Management and Building a Sustainable Industry Ecosystem

AsiaTechDaily

ESG embodies a company’s commitment to maintaining sustainable business practices, upholding core values, and transparently reporting non-financial performance metrics. Data from the Global Sustainable Investment Alliance highlights a staggering 605% increase in Sustainably-Themed Investing in 2020 compared to 2016.

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Swedish company Northvolt raises $2.75B to accelerate European battery production

TechCrunch

billion since the company was founded in 2016. Giving EV batteries a second life for sustainability and profit. Other notable customers include Swedish heavy-duty truck manufacturer Scania and energy storage company Fluence. Swedish battery manufacturer Northvolt receives a $14 billion order from VW.

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Adidas Cultivate & B.L.O.O.M. program elevates Black and Latinx social entrepreneurs to accelerate their growth and impact

Impact Hub

Building Legacies Out of Movements), an accelerator program for social entrepreneurs of color. Through knowledge sharing and funding, the program cultivates a thriving ecosystem for changemakers to accelerate impact and deliver initiatives at the intersection of sport, equity and creativity for Black and Latinx communities. .

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Singapore’s Hydroleap Raises $4.4M, Eyes APAC Expansion for Green Wastewater Technology

AsiaTechDaily

Hydroleap , driven by its vision of promoting water sustainability worldwide, will lead its next growth phase in the Asia Pacific (APAC) region. Hydroleap was founded in 2016 by Mohammad Sherafatmand, a Ph.D. graduate in Environmental Engineering from the National University of Singapore. With its recent Series A funding of US$4.4

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Jungle Ventures’s New Funding Program Commits $2 M Minimum Investment to Pre-Seed and Seed Stage Startups

AsiaTechDaily

This initiative marks a strategic move to facilitate startups’ growth beyond the early stages, ensuring they have access to essential capital for sustained development and expansion. The firm secured $100 million for its second fund in 2016 and then raised $240 million for its third fund in 2019.

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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. I spoke with Sopoong chief executive Max Sang-Yeop Han , a serial entrepreneur who joined Sopoong in 2016 and acquired the firm in 2019, to learn about the VC’s plans.

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Japan’s Terra Drone gets $14M lift from Saudi investors

TechCrunch

The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic management software, said the new capital brings its total raised to $97 million since its inception in 2016. It declined to comment on its post-money valuation.

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