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

AsiaTechDaily

The initiative signaled Mosti’s plans to support innovation and technological advancement within Malaysia, particularly in nurturing startups. million electric vehicles (EVs) on Malaysian roads by 2040. Minister Chang Lih Kang has outlined these focus areas in Mosti’s budgetary proposals.

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

American Entrepreneurship

This is another step towards achieving 11GW of offshore wind by 2040 while creating a better future for the next generation.” The provision of wraparound services including transportation, career coaching, and other supports is a core component of the awarded programs to expand access and address barriers to entry.

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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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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The Murphy Administration has taken significant steps to meet the ongoing challenges of climate change and has set several clean energy targets, including 100 percent clean electricity by 2035,11 gigawatts of offshore wind power by 2040, and 50 percent economy-wide greenhouse gas emissions reduction by 2030.

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Female-founded climate and construction tech startup backed by Mark Cuban

American Entrepreneurship

Rapidly growing climate and construction tech startup Kind Designs gained the support of entrepreneur Mark Cuban and VC firm Anthropocene Ventures for its $5 million seed round. Early stage climate tech VC firm Anthropocene Ventures also joins Kind Designs’ seed round.

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Request for Startups: Climate Tech

Y Combinator

Hardware/software to manage the use of bidirectional charging as an increasing share of EVs allow for this option - both for whole-home backup and for grid support at times of peak demand. To support the transition we need a lot more charging infrastructure. EVs are now over 5% of new US sales and growing 60% year over year.

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