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Innovation Through Crisis

Entrepreneurs' Organization

Written by Ruchir Punjabi , the co-founder and chief digital officer of Distributed Energy , a company that matches investors with renewable energy projects across Africa, Middle East and India, and the founder of Langoor, which was sold to Havas Group in 2019. Focus on Growth and Innovation.

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Sun King, a provider of solar energy products in Africa and Asia, expands Series D to $330M

TechCrunch

Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. Direct-to-consumer, pay-as-you-go (PAYG) solar distribution networks are offered by businesses like Sun King, enabling households and individuals to get electricity on the cheap.

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Fuel Me Raises $18 Million Series A Round

HPA

Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. Fuel Me provides efficient fuel operations through an aggregated nationwide fuel procurement vendor network. and global energy markets,” said Carlo Passacantando, Founder and CEO. Full press release here.

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Revel to expand EV fast-charging network with backing from BlackRock

TechCrunch

Toyota Ventures, an existing investor, also participated in the round, along with Goodyear Ventures, Shell Ventures, Broadscale Group, the St Baker Energy Innovation Fund and an account managed by Knighthead Capital Management.

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Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio

AsiaTechDaily

Other participants included EDBI, Xora Innovation, and undisclosed investors. Automera, co-founded by Michael Lazarou, Loong Wang, and Taiyang Zhang, is an early-stage biotechnology firm developing innovative therapeutic approaches centered around autophagy-based targeted protein degradation.

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Eight Ben Franklin TechCelerator Finalists Chosen from Erie, Pennsylvania!

Ben Franklin Technology Partners

These eight finalists, all located around Erie Pennsylvania, have innovative ideas that they will be working to enhance over the next 10 weeks, with help from Ben Franklin’s experienced business coaches. Bodha.AI (Karl Cadet and Sathish Pammi) An ERCGP FIRE Accelerator Company The solution provided by Bodha.AI

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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.