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

AsiaTechDaily

Simultaneously, the government is keen on driving technological advancement by investing in emerging technologies. million electric vehicles (EVs) on Malaysian roads by 2040. Among these priorities is enhancing the startup ecosystem, marked by a desire for increased funding to nurture emerging entrepreneurs.

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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research.

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

TechCrunch

The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund , which led the company’s latest round, alongside previous investors Amazon Climate Pledge Fund, Horizons Ventures , Shell Ventures and Summa Equity. million cash infusion.

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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. Fernandez, founder and CEO, Sustainable Ocean Alliance (Seabird Ventures) Climate change is the elephant in the room. We spoke with: Daniela V.

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

What’s more, about 75% of the investments in that period happened in the last two years alone. That started to change toward the end of 2020 — several quarters in the last two years have seen more than $2 billion invested, and a couple have had more than $3 billion. in 2035 and France in 2040. Let’s dig in. The macro changes.

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Salty, subterranean water could relieve world’s lithium shortage

TechCrunch

To meet demand, Benchmark says that $42 billion will need to be invested in the space by the end of this decade. By 2040, the International Energy Agency expects lithium demand to be 42 times higher than it is today. Jennings-Gray’s firm predicts that the deficit will be over 150,000 metric tons by 2030.

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“Workers are mad and no longer willing to sit idly by being spoon fed ‘we’re family’ b t from bosses:” Logan LaHive is Helping Employees Organize & Collectively Bargain. But Did He Compromise His Own Vision By Taking Venture Capital for the Startup?

Hunter Walk

I’m no policy wonk, nor do I put much faith in our current political landscape to enact sustained change (even though you’d really expect better ROI on the $Billions that Labor has funneled to Dem politicians over past few decades). It is a certainty that things are and will change… How fast? I don’t know. I have no idea what MOIC is.