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Digital mining for sustainability in a low-carbon economy

CIO

Since the Paris Agreement was signed in 2015, businesses have been taking part to contribute in pursuing net zero and achieve emission reduction targets. Sustainability performance information could only be gleaned by using a manual system to collect, consolidate, and analyze data.

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Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

TechCrunch

Advancing battery tech is key to decarbonizing the auto industry, which accounted for 9% of global greenhouse gas emissions in 2018, per Greenpeace. OMERS’ portfolio also includes several crude oil and gas ventures, though the pension fund has promised to reach net-zero emissions across its investments by the distant year of 2050.

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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

Founded in 2018 by CMA CGM Group chairman and CEO Rodolphe Saadé, ZEBOX already has hubs in France, the United States, the United Kingdom, West Africa and the Caribbeans, which have collectively worked with 100 startups that have raised a total of $235 million in funding.

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Zembo nabs $3.4 million from Toyota, DOB Equity and InfraCo Africa to grow its motorcycle startup in Uganda

TechCrunch

Zembo, a French startup with operations in Uganda was founded in 2018 and sells electric motorcycles through a lease-to-own program. We look forward to continuing to serve our customers and making sustainable mobility a reality in Uganda,” he said. million (€3 million) in electric motorcycle startup Zembo to help it grow its business.

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HICX raises $30M to give companies visibility into their supply chain

TechCrunch

HICX also includes a dedicated compliance management toolset that ensures suppliers are compliant with all the tax, business, trade, diversity, or sustainability stipulations that a company has. Supplier compliance management Image Credits: HICX.

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Twig takes $35M to turn stuff you own into a way to pay

TechCrunch

Now fintech startups compete to offer the most appealing feature mix to net a target youth demographic. Which does call into question the credibility of claims of ‘sustainability’ being made to stretch around a concept of resale that risks fuelling increased consumption via instant valuations and cash outs, as Twig offers.

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To Make It Big, Most Tech Startups Have A Limited Post-IPO Window To Turn Profitable

Crunchbase News

That’s the question we set out to explore, with an eye to gauging investors’ tolerance threshold when waiting for a public company to produce net income. One of the more recent entrants into the now-profitable club is Uber , which went public in 2018 and posted its first annual net income in 2023. Here’s what we found.