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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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World Fund joins $128M bet that quantum can deliver climate breakthroughs

TechCrunch

In a statement, the German VC said it exclusively backs tech with the potential to remove “100 million tonnes” — that is, 100 megatonnes — “of carbon from the atmosphere yearly by 2040.” ” Other investors in the latest round include the EU’s European Innovation Council and Tencent.

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

TechCrunch

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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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

trillion by 2040, according to Terra’s IR deck. . We will be able to scale up operations and innovation faster.” . The global drone surveillance market is expected to grow to $476.5 million in 2028 , from $142 million in 2021. The global UAM market is projected to increase to $1.5

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

With this funding, recipients will launch innovative training programs focused on strengthening and diversifying the state’s offshore wind workforce, with a particular emphasis on serving Overburdened Communities. This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.”

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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. But today, it increasingly means tapping the enormous energy represented by the ocean’s winds and waves.

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From root to crown, Mast Reforestation is regrowing the tree economy for the 21st century

TechCrunch

DroneSeed, having innovated on the (equally outdated) processes on the demand side, decided to go all in and build a new company combining the resources and networks of century-old forestry companies with a new generation of tech. It simply wasn’t done. With wildfire season in the U.S.