Sustainability
Total funding into environment tech companies falls 5 percent year-on-year to $29.9B in 2022, says Tracxn
Tracxn Technologies, a global software as a service (SaaS)-based market intelligence platform, said that the funding in the environment tech sector dropped 5 percent year-on-year to $29.9 billion in 2022. The decrease of funding in 2022 was largely due to the 5 percent decline in late-stage funding from $20.6 billion in 2021 to $18.4 billion in 2022.
ORIGIN Conference: Capturing Southeast Asia’s Emerging Generation
The panel explores the importance of understanding and engaging with the younger generation’s value in the modern economy, the challenges businesses face in attracting the younger generation, and the impact of sustainability and environmental concerns. It also discusses the shift in customer behaviors and the emergence of omni-channel approaches in retail…
Temasek’s GenZero backs $50M investment in US greentech CleanJoule
GenZero, a decarbonization-focused investment platform company of Temasek based in Singapore, has backed the $50 million investment in CleanJoule, the United States-based startup focused on the production of sustainable aviation fuel (SAF).
ORIGIN Conference: Southeast Asia: A Race to Go Sustainable
The panelists discussed sustainability issues and development across Southeast Asia. Avant Meat’s Chan and SWAP Energi’s Irwan explained how their startups can help to achieve sustainability goals while Ting, from Trive Ventures, gave examples on how the startups his firm invested in are driving sustainable innovation. He also gave his views from an…
Cellular engineering skin to make leather: A new sustainability goal?
By diversifying how cellular engineering is applied, such as to leather as well as food, better price parity can be gained because food needs to be produced at a very low price point, whereas fashion and luxury customers spend more, making meeting price parity easier.
India’s StepChange raises over $4M in funding led by BEENEXT and Global Founders Capital
StepChange, a top-tier corporate sustainability platform based in India, has secured over $4 million in seed funding led by BEENEXT and Global Founders Capital.
BEYOND EXPO 2023: Malaysia’s Aerodyne plans to raise up to $200M in Series C round; IPO in two to three years’ time
Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.
UK’s Actis launches $500M renewables business in Japan; makes first acquisition
Actis, a United Kingdom-based global investor in sustainable infrastructure, has launched Nozomi Energy, a new $500 million Japan-focused renewables platform. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027.
MUFG Bank partners Mitsubishi, Pavilion Private Equity to launch $1B climate tech fund
Japan's largest bank MUFG Bank has on Tuesday announced that it has established the Marunouchi Climate Tech Growth Fund L.P. with Mitsubishi Corporation and Pavilion Private Equity Co., Ltd. The fund which has $400 million at establishment, is targeting a fund size of $800 million to $1 billion.
