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AI-driven energy startup Octopus hits $2B mark after $200M investment from Tokyo Gas

TechCrunch

billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% Australia’s Origin Energy is also set to take a stake in Octopus for $50 million (£37 million) following a larger investment in April when Origin bought a 20% stake. You’ve heard of challenger banks? Now meet the challenger energy suppliers.

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Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

TechCrunch

The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . The Frontier Fund is a step outside of mobility.

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Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

AsiaTechDaily

Register Singapore-based InterContinental Energy has secured $115 million in equity investment to advance its mission of scaling up green hydrogen production. It is actively developing a portfolio of green hydrogen initiatives in prime coastal deserts across Australia and the Middle East.

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280 Earth Opens First Direct Air Capture CO2 Plant and Closes $50M Series B Round

American Entrepreneurship

The climate tech startup was launched through a combination of highly skilled climate technologists and notable investors Following several years of research and development, Alphabet’s X – the moonshot factory has taken a major step forward in commercializing low-cost Direct Air Capture (DAC) technology.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. These markets make up 32% of Africa’s population, 51% of the continent’s mobile network connections, 50% of its professional developers and 51% of its GDP. The continent’s investment story.

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

AsiaTechDaily

Their heightened interest is reflected not just in their demand for ESG reports but also in surging investment volumes. 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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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. But despite all these, growth potentials remained enormous across these regions.