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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

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. million electric vehicles (EVs) on Malaysian roads by 2040.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

With this funding, recipients will launch innovative training programs focused on strengthening and diversifying the state’s offshore wind workforce, with a particular emphasis on serving Overburdened Communities. This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.”

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Melinda French Gates Sets Path to Empower Women Globally

American Entrepreneurship

$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.

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Decentralizing the Electric Grid

Andreessen Horowitz

Currently, we face a critical challenge: our electricity demands — expected to nearly double by 2040 due to factors like AI compute, reshoring , and “electrification” — are soaring, but our grid infrastructure and operations struggle to keep pace. Of course, such evolutions breed new challenges, and we need innovation to bridge the gap.

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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

Additionally, the startup says its proceeds will be used to support autonomous beyond visual line of sight technology for drone and air taxi operations through its uncrewed aircraft system traffic management solutions and strengthen the development of Terra’s UAM services. . trillion by 2040, according to Terra’s IR deck. .

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. In particular, the philanthropic community is just starting to recognize that there is an urgent need to support efforts to develop ocean-based climate solutions.

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