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Japanese Prime Minister Yoshihide Suga has set a target of reaching net-zero by 2050. Residential renewable energy developer Swell is raising $450 million for distributed power projects in three states. Japanese renewables lag the U.K. by 50% (renewables in Japan in 2019 accounted for 18.9% of electricity versus 37.9% in the U.K.),
The longevity space is a growing sector for tech startups. Longevica’s CEO Aynar Abdrakhmanov, backing up his company’s aim to tap the desire for people to live longer, said: “According to the WHO, by 2050, 2 billion people will be 60+ years old. It now aims to produce medicines, dietary supplements and food products.
the company’s DNA is wired with an urgency that meets the moment: the United Nations has predicted that by 2050 we will need up to 50% more food to meet a rising population and growing middle class. It is a pioneer in what the American startups of the future can?—?and But in reality –and without jest?—?the and should?—?look look like.
So while Toyota Ventures’ investment approach isn’t changing, it’s broadening the scope of startups it will consider investing in. . “AI Startups are experiments in the marketplace, and this is a way for us to understand and get comfortable with where innovations are coming from.” . We think carbon capture and storage will play a role.
The APAC hub is backed by Enterprise Singapore, a board under the Ministry of Trade and Industry to foster SME development, and the Maritime and Port Authority of Singapore, alongside industry partners Bureau Veritas Marine and Offshore, PSA unboXed and Synergy Marine Group.
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.
One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing. Are there startups that you wish you would see in the industry but don’t? According to UN forecasts, the number of people living in cities is expected to double by 2050, growing from 3.5
Register Japanese electric vehicle (EV) startup Terra Motors has successfully raised 4 billion yen ($28 million) in a recent Series C funding round. Japan’s goal of achieving carbon neutrality by 2050 and transitioning to a decarbonized power supply underscores the importance of expanding the adoption of EVs.
It is actively developing a portfolio of green hydrogen initiatives in prime coastal deserts across Australia and the Middle East. These projects represent some of the most advanced developments in the green hydrogen sector and are strategically designed to be executed in phases.
Register The startup ecosystem, including Pangyo Techno Valley, is rapidly aligning with the ESG (Environment, Social, and Governance) trend. Aimed at supporting SMEs grappling with burgeoning ESG demands, this initiative also strengthens carbon reduction regulations, paving the path for 2050 carbon neutrality.
With the goal of getting the world to net-zero carbon emissions by 2050, Breakthrough Energy’s fellows program seeks to help innovators accelerate their clean technology. The Business Fellows who have experience in tech commercialization help form the teams who will drive the business model behind these science tech startups.
based incubator focused on nonprofit startups that are addressing climate-related challenges through open-source data initiatives has announced the six startups which will be put through its 2022 program. government minister and a former MD of Microsoft for Startups U.K. and CEO of Code First: Girls, among others.
It’s the background of the team that first attracted investors like Pia d’Iribarne, co-founder and managing partner, New Wave , which made their first climate-focused investment into the software developer. . Corporate sustainability initiatives may open doors for carbon offset startups.
based distributed, spatial computing startup that’s setting out to build the infrastructure for the burgeoning metaverse, has closed a $30 million seres A round of funding from a high-profile cast of investors including Epic Games and Tencent. Hadean , a U.K.-based
Over the past decade, some of the biggest names in the tech, VC, automotive and aerospace industries have poured millions of dollars into developing electric vertical take-off and landing (eVTOL) aircraft. During his career, he has been recognized as an innovative executive with a reputation for transforming startups into global businesses.
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.
The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. “We have to double the amount of food we have to create by 2050, and if you look at where there are enough resources to grow food — all signs point to Africa.
The world is headed for a food shortage by 2050 as its population increases, so anything to make it easier for farmers to grow food will go a long way. That’s what InnerPlant founder and CEO Shely Aronov is trying to do with her startup that uses plant physiology to gather loads of data to make farming more efficient and sustainable.
Moreover, the world’s population of those who are 60 and older is expected to reach 2 billion by 2050, up from 900 million in 2015. In short, developing accessible digital products helps you reach a much larger audience, which will include you, your co-workers and your family. The startup advantage. Here’s what it reveals.
There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050. Corporate sustainability initiatives may open doors for carbon offset startups. We are enthusiastic about this collaboration with Climeworks. “Direct Air Capture will need to grow at a gigaton scale.
With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. The startup claims that its SCC55 material can store 50% more energy than traditional graphite anodes.
Based in the Netherlands, blossoming agtech startup Source.ag Source.ag’s seed funding was used primarily for R&D and to develop Source Track, a software platform to assist growers in operating their facilities. It has worked with hundreds of users over thousands of acres of high-tech greenhouses, making it ripe for expansion.
Wavemaker Partners doesn’t just want to invest in climate tech and sustainability startups. Today, the Singapore-based firm announced the launch of Wavemaker Impact , a venture builder that identifies potential business opportunities, finds seasoned entrepreneurs to turn those ideas into startups and acts like a co-founder as companies scale.
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. from 2010 to 2019. “By Sectoral transformation.
billion by 2050, and members of this cohort — who are leading longer, active lives — have plenty of money to spend. Still, most startups persist in releasing products aimed at serving younger users, says Lawrence Kosick, co-founder of GetSetUp, an edtech company that targets 50+ learners. What happens to her green card process?
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. “By 2050 everybody wants to be zero emission and net zero. 2050 is one vehicle lifetime away. It will also require government intervention.
Enter FarmSense, a Riverside, California-based agtech startup attempting to solve the insect pest problem. Assisting on the development and deployment are entomologists and field specialists, including co-founder Leslie Hickle. Image Credits: FarmSense.
AgBiome , developing products from microbial communities, brought in a $116 million Series D round as the company prepares to pad its pipeline with new products. We don’t want to pollute the Earth, but we have to find a way to feed 9 billion people by 2050,” Obloj said. The company, based in Research Triangle Park, N.C.,
trillion every year between now and 2050, according to McKinsey. This survey examines the environmental impact of proptech and what startups are doing to minimize their footprint, and we’ll soon publish another covering upcoming tech in the space. The first part of this survey covered proptech startups solving financial problems.
Munch-based climate tech startup Tanso , which sells software to help industrial manufacturers carry out sustainability reporting and carbon accounting, has banked €6.5 million in early stage growth funding. it took in last month via an EU innovation grant under the bloc’s EIC Accelerator program.
Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The startup’s app reviews, Better Business Bureau (BBB) profile and social media accounts were inundated with negative comments and reports of poor experiences.
French startup Deepki has raised a $166 million Series C funding round (€150 million). The global real estate sector needs to act now if it is to halve its emissions by 2030 and meet the net zero target by 2050. As you can see, Deepki develops a highly specific SaaS platform for clients with very specific needs.
Many vessel operators are committed to bringing down carbon emissions for ethical reasons; they also need to comply with the International Maritime Organization 2030 and 2050 Decarbonization Targets.
Worldfavor co-founder and CEO, Andreas Liljendahl, says he welcomes the thickening pack of sustainability reporting players — envisaging a future of rich collaboration and startup opportunity to cater to increasingly comprehensive and intertwined reporting requirements. .” Image Credits: Worldfavor.
When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. With its $25 million Series B funding — which takes its total funding to over $42 million — Banyan Infrastructure is seeking to align sustainable project finance with the technology it is meant to support and develop.
Labrie is the CEO and founder of the pre-seed startup GreenForges , an underground farming company founded in 2019 looking to take vertical farming technology underneath buildings. It’s a relatively low number; we’re talking 2 to 5% range for the cities of 2050. But Philippe Labrie is looking down.
About 430 million people suffer from moderate to complete hearing loss worldwide, a number expected to rise to about 700 million by 2050. About 430 million people suffer from moderate to complete hearing loss worldwide, a number expected to rise to about 700 million by 2050. President, Autigen and CEO of Ascend BioVentures.
Other deals that got my attention … Autonomy , the vehicle subscription startup founded by Scott Painter, has ordered 23,000 electric vehicles from 17 automakers. The EV startup-gone-SPAC did tout its access to enough capital to see it through the rest of 2022. Arrival , the U.K.-based million, compared to $13.5
The 2019 Institute for Policy Study on the national racial wealth gap reported if the trajectory of the past three decades continues, by 2050 the median White family will have $174,000 of wealth, while Latino median wealth will be $8,600 and Black median wealth will be $600. We all play a role in these stats.
According to a recent McKinsey report , reaching net zero by 2050 could require a 60% increase in capital spending on physical assets compared to current levels. trillion per year until 2050, with $6.5 The total investment needed amounts to $9.2 trillion annually allocated to low-emissions assets and enabling infrastructure.
The startup helps physicians assess and track the mental health of their patients. According to United Nations data, by 2050, one in six people in the world will be over age 65, up from one in 11 right now. According to United Nations data, by 2050, one in six people in the world will be over age 65, up from one in 11 right now.
There are now about 50 million people with dementia globally , a number the World Health Organization expects to triple by 2050. Neuroglee , a Singapore-based health tech startup, wants to help with a digital therapeutic platform created to treat patients in the early stages of the disease. The round was led by Eisai Co.,
Countries worldwide have pledged to reduce their energy usage and reach net-zero energy targets by 2050. The steep environmental cost and looming deadlines inspired Energy X, a Seoul-based startup and marketplace that “enables the construction of zero-energy buildings,” from architectural design to completion of construction.
It announced today that it bought Paystack, a Lagos-headquartered startup that makes it easy to integrate payment services — we’ve referred to it in the past as “the Stripe of Africa.” Startups, funding and venture capital. The big story: Stripe acquires Nigeria’s Paystack. ” The tech giants.
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