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The Kingdom Concludes Its Participation in WEF AM 2024 With Announcement to Host WEF Special Meeting in Riyadh

Retrieved on: 
Sunday, January 21, 2024

A high-level delegation from the Kingdom of Saudi Arabia has concluded its participation in the World Economic Forum (WEF) Annual Meeting 2024, culminating in an announcement that Riyadh will host a WEF Special Meeting on global cooperation, growth and energy, between 28-29 April 2024.

Key Points: 
  • A high-level delegation from the Kingdom of Saudi Arabia has concluded its participation in the World Economic Forum (WEF) Annual Meeting 2024, culminating in an announcement that Riyadh will host a WEF Special Meeting on global cooperation, growth and energy, between 28-29 April 2024.
  • On Thursday 18th of January, the Kingdom signed two agreements with WEF’s innovation platform UpLink to catalyze innovative global solutions to today’s most pressing environmental and sustainability challenges.
  • Another Memorandum of Understanding (MOU) was signed to enhance cooperation between the Kingdom of Saudi Arabia and the Organisation for Economic Co-operation and Development (OECD).
  • The agreement focuses on a wide range of public policy initiatives in areas including the economy, corporate governance and sustainability.

World Economic Forum names Fluid Analytics a Top Innovator

Retrieved on: 
Thursday, January 18, 2024

Fluid Analytics was named a Top Innovator for their work towards global freshwater conservation, at the World Economic Forum's annual gathering in Davos, Switzerland.

Key Points: 
  • Fluid Analytics was named a Top Innovator for their work towards global freshwater conservation, at the World Economic Forum's annual gathering in Davos, Switzerland.
  • “We are honored and excited to be at the World Economic Forum this week with worldwide leaders and to receive this award as a Top Innovator,” said Asim R. Bhalerao, chief executive officer of Fluid Analytics.
  • Of those ten, only two Top Innovator awards were bestowed upon U.S.-based organizations: Fluid Analytics and Membrion, a Seattle-based company.
  • UpLink is the open innovation platform of the World Economic Forum.

Saudi Arabia Expands Partnership with World Economic Forum’s UpLink Platform to Catalyze Breakthrough Innovations, Achieve Sustainable Development Goals

Retrieved on: 
Thursday, January 18, 2024

The Kingdom of Saudi Arabia and the World Economic Forum’s (WEF) innovation platform UpLink today signed two agreements to catalyze innovative global solutions to today’s most pressing environmental and sustainability challenges.

Key Points: 
  • The Kingdom of Saudi Arabia and the World Economic Forum’s (WEF) innovation platform UpLink today signed two agreements to catalyze innovative global solutions to today’s most pressing environmental and sustainability challenges.
  • “Innovative solutions from early-stage entrepreneurs are crucial for realizing the Sustainable Development Goals.
  • “UpLink, in partnership with global collaborators, is developing a supportive ecosystem for these entrepreneurs, providing vital resources, exposure, expertise, and funding.
  • These challenges attracted over 430 submissions, leading to 22 winners who were recognized for their innovative and impactful solutions.

HCL Group and UpLink Announce Winners of Zero Water Waste Challenge, Part of the Aquapreneur Innovation Initiative

Retrieved on: 
Wednesday, January 17, 2024

HCL Group committed $15 million investment in total to drive freshwater sector innovation for five years until 2027.

Key Points: 
  • HCL Group committed $15 million investment in total to drive freshwater sector innovation for five years until 2027.
  • In less than a year, HCL Group’s commitment saw a 10x return on its investment as the first cohort of ‘Aquapreneurs’ collectively raised $54.5 million after joining the UpLink Innovation Ecosystem.
  • View the full release here: https://www.businesswire.com/news/home/20240117146995/en/
    L- Roshni Nadar Malhotra, Chairperson, HCLTech along with the two Aquapreneurs at World Economic Forum 2024 (Photo: Business Wire)
    The Zero Water Waste Challenge is the second out of five innovation challenges, under HCL Group and UpLink’s Aquapreneur Innovation Initiative.
  • The focus of this year’s challenge aimed at capturing and protecting freshwater supply, water reuse and recycling of materials and saving water in agriculture.

TDK Ventures invests in pioneering e-fuel company INERATEC

Retrieved on: 
Wednesday, January 17, 2024

Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.

Key Points: 
  • Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.
  • "We are grateful for TDK Ventures' participation in our Series B funding," said Tim Boeltken, CEO of INERATEC.
  • TDK Ventures has shown it is fully committed to doing whatever it takes to make it successful and profitable."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum's UpLink

Retrieved on: 
Wednesday, January 17, 2024

DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife today announced a new multi-year partnership with UpLink, the World Economic Forum's (WEF) open innovation platform, designed to help shape the future of, and investment in, longevity innovation. The three-year partnership will include annual Manulife powered Global Longevity Innovation challenges, run by UpLink. Manulife will also support WEF's broader efforts to address the demographic and financial challenges of global ageing to help more people live longer, healthier, and better lives.

Key Points: 
  • DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife today announced a new multi-year partnership with UpLink, the World Economic Forum's (WEF) open innovation platform, designed to help shape the future of, and investment in, longevity innovation.
  • The three-year partnership will include annual Manulife powered Global Longevity Innovation challenges, run by UpLink .
  • Manulife will also support WEF's broader efforts to address the demographic and financial challenges of global ageing to help more people live longer, healthier, and better lives.
  • "Around the world, people are living longer, but not necessarily healthier," said Roy Gori, President and CEO of Manulife.

TDK Ventures invests in pioneering e-fuel company INERATEC

Retrieved on: 
Tuesday, January 16, 2024

Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.

Key Points: 
  • Led by Piva Capital, other investors include HG Ventures, Copec WIND Ventures, The Rock Creek Group, Emerald Ventures, and Samsung Ventures, as well as current investors, including large corporate investors ENGIE New Ventures, Safran Ventures, and Honda Motors.
  • "We are grateful for TDK Ventures' participation in our Series B funding," said Tim Boeltken, CEO of INERATEC.
  • TDK Ventures has shown it is fully committed to doing whatever it takes to make it successful and profitable."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

INERATEC Raises $129 Million Led by Piva Capital to Usher in the Next Era of Sustainable Mobility

Retrieved on: 
Tuesday, January 16, 2024

KARLSRUHE, Germany, Jan. 16, 2024 /PRNewswire/ -- INERATEC, a pioneering e-Fuel company, announced it has raised over $129 million in its Series B funding round, led by Piva Capital with additional participation from HG Ventures, TDK Ventures, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures as well as the increased support from current investors, including global corporates like ENGIE New Ventures, Safran Corporate Ventures and Honda.

Key Points: 
  • "This financing round is a major milestone for INERATEC as well as the transition from fossil fuels to sustainable e-Fuels," said Tim Boeltken, CEO of INERATEC.
  • "With the new capital, we are positioned to catalyze a paradigm shift in the energy sector.
  • By transforming 1GW of renewable energy into 125 million gallons of sustainable e-Fuel by 2030, we are taking solid steps in creating a viable alternative to fossil fuels."
  • Every year, more than 4,000 million tons of fossil crude oil are processed into fuels and chemical products.

Yes San Francisco, Urban Sustainability Challenge Top Innovators Named to Help Revitalize San Francisco

Retrieved on: 
Tuesday, November 7, 2023

SAN FRANCISCO, Nov. 7, 2023  /PRNewswire/ -- Today, Deloitte announced the 14 Top Innovators that have been selected by UpLink for the Yes San Francisco (Yes SF), Urban Sustainability Challenge, marking a critical milestone for the Challenge and its goals to help revitalize downtown San Francisco. Launched earlier this year in collaboration with the World Economic Forum, Salesforce, Citi, the San Francisco Chamber of Commerce, and more than 20 organizations, Yes SF is the first location-based UpLink Challenge created in direct response to the United Nations' Sustainable Development Goal 11 of making cities more inclusive, safe, resilient and sustainable.

Key Points: 
  • The Challenge aims to convene the skill sets, resources and expertise of businesses, entrepreneurs, and community stakeholders to build an ecosystem of support that helps address San Francisco's long-term needs.
  • "Deloitte is happy to provide additional support to the Challenge through our grant so that the Top Innovators can scale their ideas and bring tangible, positive change to San Francisco."
  • "Here in San Francisco, we're well-known for our long history of world-class innovation," said Rodney Fong, president and CEO at the San Francisco Chamber of Commerce.
  • "We're proud to champion the evolution of that spirit of innovation through Yes SF, which aims to revitalize our great city through meaningful collaboration that is deeply rooted in San Francisco's vibrant community."

Moa Technology wins World Economic Forum award for research tackling herbicide-resistant weeds that pose a global threat to food security

Retrieved on: 
Monday, October 30, 2023

It was selected from more than 240 applications and is one of 12 winners.1

Key Points: 
  • It was selected from more than 240 applications and is one of 12 winners.1
    Herbicide-resistant weeds threaten agricultural productivity and are a major problem for growing numbers of farmers across the world.
  • Without effective herbicides, farmers can lose up to 40% of their crop yield as a result of weed growth.
  • Specifically, it aims to develop herbicides with novel modes of action (MOAs), based on small molecule and natural product approaches.
  • “Just as antibiotic-resistant bacteria have evolved, and threaten the effectiveness of certain medicines, so herbicide-resistant weeds threaten agricultural productivity.