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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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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

(April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy.

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