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Seattle-based Omnidian has raised over $87 million in a major funding round that is poised to redefine the post-installation landscape for renewable energy systems. Longtime backers Activate Capital, Liberty Mutual Investments, National Grid Partners, and WIND Ventures reaffirmed their support with follow-on investments.
The surge in energy demand, driven largely by AI data centers, is spurring Terabases innovative approach to digitalizing and automating solar power plant deployment supported by recent funding. The surge in energy demand, particularly from AI data centers, underscores the urgency of scalable, sustainable solutions, Matsui noted.
(January 3, 2025) The New Jersey Commission on Science, Innovation and Technology (CSIT) awarded over $2.7 The funding will support pilot demonstration projects from startup companies creating technologies that mitigate the emission of greenhouse gases and other pollutants. In 2023, the NJEDA awarded more than $3.6
Gridware now has the necessary support to expand its innovative continuous power grid monitoring solution that was successfully piloted last year. On one of the hottest days of the year, our technology detected a tree that had fallen onto power lines. million Series A funding of Gridware led by Sequoia Capital.
Innovators Hernann Zabala Naoumov, 2018 YLAI Fellow, and Antonio Mendoza, 2016 YLAI Fellow, co-founded EnerGea , a social enterprise aimed at increasing energy efficiency and reducing pollution and energy consumption through sustainable technology. Educating against waste management. Managing a team with strong values.
Collides strategic advantage is its specific focus on the energy industry, offering a knowledge base that generalized GenAI platforms like OpenAI or Microsoft Copilot fall short in covering such as oil and gas workflows and other industry specific areas. The energy sector is undergoing a dramatic generational shift.
In support of military Veteran-founded startups, the Fund focuses on space, AI, and cybersecurity leveraging a veteran’s leadership. Miliary veterans possess attributes, experience, and skills that can be well-applied to entrepreneurship through leadership and knowledge of technology. in their journey post-service.
That is good news for the innovation economy because healthy capital markets are a necessary support system. The AI “stack” has emerged with Large Language Models and other important models (like audio, imagery, video, etc) operating in the cloud with well-documented and supported APIs that are available to developers to build on.
Washingtons Premier Connector of Tech and Policy Leaders Welcomes the Next Generation of Innovators that includes Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders. Additionally, STATION DC is launching Delta Force, an annual cohort designed to support 6-10 of DCs most promising startup founders.
The doubling of floor space at the upcoming AI Summit New York reflects AI’s high energy and wide interest in the tech community. The discussions will cover finance, retail, government, education, entertainment, and technology sectors on each of the show’s nine stages.
I have no doubt that any new school dedicated to engineering will be a good thing in New York City--one that I will fully support. It's happening now, and by putting in real infrastructure to support it, like an engineering school, you're only adding to the momentum. The building at 370 Jay Street is currently an underused eyesore.
Husk Power Systems , a clean energy company that has been at the forefront of fueling rural electrification since 2008, is planning to launch 500 solar mini-grids in Nigeria over the next five years. In terms of policy frameworks and regulation, the states where Husk works in India (Uttar Pradesh and Bihar) have supportive policies.
To mark this important occasion, we recently held an event that brought together many of our partners, entrepreneurs, supporters, and friends. 800 Oklahoma companies supported : Thank you to all the entrepreneurs who partnered with us to evaluate and commercialize their ideas.
Stride provides eco-friendly home improvement projects, smart home technology, energy-efficient products, and solar energy solutions to households and small businesses in Vietnam, pioneering a path to a clean energy future in the country with an affordable and transparent system.
A groundbreaking advancement in electric vehicle (EV) charging technology is set to transform the industry as Greenville-based startup, Advanced Power & Energy, secures a significant investment of $500,000 from the Mercer County Innovation Fund, in collaboration with Ben Franklin Technology Partners of Central & Northern Pennsylvania.
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. For example, my energy business matches investors with renewable projects.
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. Breakthrough Energy was founded by Bill Gates in 2015 to solve the climate crisis.
In order to support a buildout of renewable energy, which tends to over-generate electricity at certain times of day and under-generate at others, the grid is going to need a lot of batteries. The technology itself – nickel-hydrogen batteries – isn’t actually new. I had essentially given up.”
The cohort members offer a range of disruptive technologies across industries such as Climate Tech, Green Tech, Retail, Healthcare, FinTech, SaaS, Enterprise Software, Consumer, and Travel – with many incorporating AI and sustainability into their products and services. “In Twelve U.S.-based
We started 10 years ago by using only alternative energy in our offices. When we heard about the EO’s initiative to support the United Nations’ Sustainable Development Goals , we felt on the right path. The first step was to switch to alternate energy 10 years ago. The screens also run on green energy.
Register Indonesian coal mining firm TBS Energi Utama Tbk (TOBA), has successfully acquired Asia Medical Enviro Services , a leading medical waste treatment startup based in Singapore. With this move, TBS Energi Utama plans to diversify its business portfolio beyond coal mining. million and USD 14.21
One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energytechnologies to more people across the two continents. Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa. Image Credits: Sun King.
Register Hong Kong-based Brinc, a renowned global venture accelerator, has announced the launch of its Climate Tech program, specifically tailored for early-stage startups in the field of climate technology. This program focuses on supporting startups that are dedicated to carbon dioxide removal (CDR) solutions.
Launched in 2006, Pangyo Techno Valley has evolved across its three phases, fostering a collaborative ecosystem comprising businesses, support entities, and national government involvement. Positioned within the Naver office building, it underscores the company’s commitment to supporting employees in their child-rearing journey.
This collaboration brings together the financial expertise of Bursa Malaysia and the startup support initiatives of Cradle Fund. Cradle, established in 2003, holds a rich legacy of supporting more than 1,000 Malaysian tech firms, making contributions amounting to over 3.4
EO is an avid supporter of the UN Sustainable Development Goals (SDGs) ?17 The savings were so significant that it more than offset the cost of the technology. If all the homes in North America alone move to this technology, it would result in removing 35% of the building wire and saving 30% of installing labour.
It does this by providing incentives to building owners/occupiers to shift to clean energy usage through a machine learning-powered software automation layer. “Demand response, in the way that we do it, is an alternative for electricity storage units.
Register Philippine telecom giant Globe’s 917Ventures and Ayala Corporation are set to bring global two-wheel electric vehicle and battery-swapping technology leader Gogoro to the country. Hopefully, this technology will encourage more Filipinos to switch to EV,” Yamat said. Remember Me. No account yet?
That’s why for any company launching a smart home device this year, having Matter support will be helpful. define a specific set of IP-based networking technologies for device certification so that manufacturers can build devices that are compatible with your Apple Siri, Amazon Alexa or Google Assistant. Its Internet Protocol will ??define
I’m sure you know, but Elon was the co-founder (and largest shareholder) of PayPal, the most important payment transfer technology of its era and still the most instrumental to date. Energy independence (so he founded Tesla and Solar City). He was interested in a few other big ideas. He is that.0001% Dorrian is an entrepreneur.
I’ve had this conversation with several communities such as in San Diego where I believe there are way more qualified and talented engineers than available local capital to support them. Actually, there is tons of wealth in San Diego but it isn’t organized well to support them. San Diego has Qualcomm. Austin has Dell.
The major trends driving automation in the construction industry are a shortage of labor, aging out of the workforce, tech-native workers ready to embrace technology, the promise of huge efficiency gains and finally, advances in robotics and AI which makes the technology more possible and economic in uncontrolled environments.
It seems that every week a new agribusiness, consumer packaged goods company, bank, technology corporation, celebrity or Facebook friend announces support for regenerative agriculture. For those of us who have been working on climate and/or agriculture solutions for the last couple of decades, this is both exciting and worrisome.
These companies are developing solutions to address critical issues such as renewable energy, waste management, water conservation, and more. REDEX is an essential link in the renewable energy landscape, confirming that energy generation sources align with eco-friendly standards. Funding Details: $1.5 Funding Details: $1.5
The Korean government and related ministries are making various policies to support the growth of the biotech industry in the country. The electronic technologies used for medical devices are already applied to other fields. We plan to focus more on technology development once we secure enough investment. Such good news in 2023.
Data centers and bitcoin mining operations are becoming huge energy hogs , and the explosive growth of both risks undoing a lot of the progress that’s been made to reduce global greenhouse gas emissions. The company said its cooling method results in a 41% reduction in energy used for cooling and a 60% reduction in data center space.
Register Ampotech , a Singapore-based energytechnology startup , has announced that it raised S$1,775,000 in Pre-Series A to fund its international expansion. Buildings are changing our lives for the better, but they also consume massive amounts of energy, which threatens our climate.
Register Malaysia’s Ministry of Science, Technology, and Innovation ( Mosti ) plans to push emerging technology and promote Science, Technology, Engineering, and Mathematics (STEM) education within the framework of Budget 2024. Minister Chang Lih Kang has outlined these focus areas in Mosti’s budgetary proposals.
But once investors fully realized the capital intensity and long time horizons of these technologies, they began to pull back — particularly at the later stage. Major corporate players like Ford, GM, Unilever, and others have also made investing in climate technologies a core aspect of their business. but globally.
Awareness is higher; the technology and data exists; and the global community understands and is invested in progress.” These weren’t a match with the venture model as they were hard to scale, capital intensive, took many years to commercialize, and many of them relied on renewable energy sources that were astronomically expensive.
However, the challenge has always been establishing connections with central banks, which remain majorly rigid, and slow to catch up with changes in the financial technology space. For fintechs to thrive in such a way that they remain meaningful to economies, a synergy between them and regulatory bodies is inevitable.
We believe the most successful American Dynamism companies share a few common characteristics: They’re able to anticipate technological turning points and breakthroughs. They continuously push the limits of what’s possible with technology, and innovate quickly through both success and failure.
Register Leading entrepreneurs and investors gathered at the ORIGIN Conference, a side event of the BEYOND International Technology Innovation Expo (BEYOND Expo) 2023, to discuss and emphasize the importance of balancing a sustainable future with business profitability in Southeast Asia. ” said Carrie.
It is no easy feat, getting a group of EO members to let go of control, and step away from their businesses and technology. In the midst of wilderness and raw environment, we were supported by a team that removed any distraction or worry and took care of our every need. This video from Tasimba captures the spirit of the program. ).
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