article thumbnail

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

AsiaTechDaily

million electric vehicles (EVs) on Malaysian roads by 2040. To encourage greater EV usage, the government plans to establish 10,000 charging stations by 2025, aligning with the broader global push towards sustainable transportation solutions. Presently, the adoption of EVs in the country remains relatively low.

article thumbnail

Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research.

startup 89
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The Murphy Administration has taken significant steps to meet the ongoing challenges of climate change and has set several clean energy targets, including 100 percent clean electricity by 2035,11 gigawatts of offshore wind power by 2040, and 50 percent economy-wide greenhouse gas emissions reduction by 2030.

energy 52
article thumbnail

Female-founded climate and construction tech startup backed by Mark Cuban

American Entrepreneurship

Without intervention, the United States could be on track to destroy over 50,000 miles of marine habitat by 2040 1 “The investment decision was swift and resolute,” comments Anthropocene Ventures’ Managing Partner, Matthew McGraw. The company is producing the world’s first 3D-printed Living Seawalls that serve as artificial reefs.

article thumbnail

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. Fernandez, founder and CEO, Sustainable Ocean Alliance (Seabird Ventures) Climate change is the elephant in the room. We spoke with: Daniela V.

funders 89
article thumbnail

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

American Entrepreneurship

This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.” With these grants, we are helping ensure equal opportunities for these sustainable careers are available to all workers in our state,” said New Jersey Department of Labor Commissioner Robert Asaro-Angelo.

board 40
article thumbnail

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.