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Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. She is also one of the founding members of France Digitale , the main startup lobby in France. With 2050, Ekeland is going back to the drawing board with a different vision when it comes to investment thesis, fund structure and the firm’s own values.
Japanese Prime Minister Yoshihide Suga has set a target of reaching net-zero by 2050. 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.), so the potential for growth is significant. 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.
Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Getting there will be another story. Sopoong has closed on around $8 million (10.3
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.
Founded in 2018 by CMA CGM Group chairman and CEO Rodolphe Saadé, ZEBOX already has hubs in France, the United States, the United Kingdom, West Africa and the Caribbeans, which have collectively worked with 100 startups that have raised a total of $235 million in funding. ZEBOX looks for startups in four area.
Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. Overall, the startup’s revenue has ballooned by 300% since September 2019, when it last raised money , he said.
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.
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.
This strategic partnership will help catalyze the investment in companies that are making substantial contributions towards the global target of achieving a net-zero economy by 2050, according to the announcement.
In Africa, the digital economy has the potential to contribute $712 billion to the continent’s gross domestic product (GDP) by 2050. It is designed to make equity or equity-like investments in tech startups and help them grow into scalable ventures that can attract mainstream equity and debt financing. trillion and create 1.5
So it also didn’t surprise anyone that this reduction would trickle down into other regions; for instance, eight startups in Africa got into the accelerator this summer compared to 24 from the previous batch , representing a 60% reduction. Therefore, it is plausible that being an in-person event has led to fewer African startups.
But one of the things I’ve learned on my journey in co-founding my latest startup is that technology should be enabling and accessible to all, and nowhere is this more critical than for empowering our older adults. billion in 2050. Older adults are one of the most underrepresented audiences for new technology products and platforms.
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.
Green hydrogen is a burgeoning sector with immense potential, anticipated to reach a market size between 450 and 600 million tons per annum (MTPA) by 2050. . “We launched Hy24 to catalyze the development of the hydrogen industry at scale by investing in hydrogen leaders and entrepreneurs,” stated Hy24 CEO Pierre-Etienne Franc.
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.
The new European climate-focused investment firm 2050 , and La Famiglia , a fund with strong ties to big European industrial companies, also participated alongside several undisclosed angel investors from the Bay Area. Corporate sustainability initiatives may open doors for carbon offset startups.
In an interview with AsiaTechDaily, Low said the rapidly aging population, rising number of diseases and healthcare cost, and poor dietary habits, among others will be among the factors that will increase the need for startups in the industries mentioned above. Additionally, can overseas headquartered startups get funding from you?
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
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
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 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.
During his career, he has been recognized as an innovative executive with a reputation for transforming startups into global businesses. While helming Asempra, Liquid Robotics and PGSoft, Gysin led the growth and subsequent sales of all three Silicon Valley startup companies.
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.
Group14 is one of many startups racing to develop silicon-based anodes that can be repeatedly charged and discharged without breaking down. The startup claims that its SCC55 material can store 50% more energy than traditional graphite anodes. To do that, the company infuses a porous carbon scaffold with a silicon-containing gas.
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.
“By 2050 everybody wants to be zero emission and net zero. 2050 is one vehicle lifetime away. Transitioning to a hydrogen fleet is going to take more than the technical ability of a new breed of manufacturers though, Miftakhov said. It will also require government intervention. But] we are already too late.
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.
“We don’t want to pollute the Earth, but we have to find a way to feed 9 billion people by 2050,” Obloj said. Farmland could be the next big asset class modernized by marketplace startups. With AgBiome, there is an alternative way to protect crops than by polluting the Earth or having health risks.”.
But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Investors are hungry for startups to throw their money at, but VC funding isn’t always the right option at all times or for every startup.
The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. The report first highlights the growth of venture capital on the continent over the past six years; within this period, investments in African startups have grown 18x. Sectoral transformation.
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.
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?
The outlook is bleak: The United Nations estimates food production will need to double to feed the nearly 10 billion people expected to populate the planet by 2050. Overcultivation, human-made climate change and diminishing sources of water are all contributing to a future where food insecurity will be a gigantic problem.
Enter FarmSense, a Riverside, California-based agtech startup attempting to solve the insect pest problem. Shailendra Singh, left, and Eamonn Keogh are the co-founders of FarmSense, a Riverside, California agtech startup seeking to revolutionize insect surveillance. Image Credits: FarmSense.
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.
Based in the Netherlands, blossoming agtech startup Source.ag has announced a $23 million Series A funding round to help grow its business, less than a year after its previous, $10 million round.
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. The company is building a software-as-a-service platform for the real estate industry.
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.
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. The startup advantage. Startups have an advantage here: They do not bear years of inaccessible baggage. The World Health Organization says people aged 60 and older outnumber children under 5.
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.
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.
But companies will also need help acquiring and operating their EV fleets — and this is where a new startup called Papaya is setting out to play its part. recently announced as part of its $1 trillion infrastructure bill. ” And to help take things to the next level, the London-based company today announced that it has raised $3.5
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