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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

Register Malaysia’s Ministry of Science, Technology, and Innovation ( Mosti ) plans to push emerging technology and promote Science, Technology, Engineering, and Mathematics (STEM) education within the framework of Budget 2024. million electric vehicles (EVs) on Malaysian roads by 2040.

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

ZeroAvia is now developing and testing the certification-ready ZA-600 powertrain, which can fly a 10 to 20-seat aircraft up to 500 miles, the company said. For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. In particular, the philanthropic community is just starting to recognize that there is an urgent need to support efforts to develop ocean-based climate solutions.

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Decentralizing the Electric Grid

Andreessen Horowitz

Currently, we face a critical challenge: our electricity demands — expected to nearly double by 2040 due to factors like AI compute, reshoring , and “electrification” — are soaring, but our grid infrastructure and operations struggle to keep pace. Of course, such evolutions breed new challenges, and we need innovation to bridge the gap.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Travis Connors, Building Ventures At Building Ventures, we see enormous opportunities developing for the use of robotics in construction over the next 20 years. Robotics and automation are not only important, but they are also likely the only way to address the challenge of delivering the built environment we need by 2040.

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Newsletter: Securing water against cyberattack

OurCrowd

IXDen was founded by experienced entrepreneurs who established and managed startups and held senior positions in Amdocs, Fundtech and Microsoft. This $5M Series A-1 round is being led by Israeli VC firm HIVE 2040 at a pre-money valuation of $11M. See some opportunities below: BI Developer for Zebra Medical Vision (Israel).