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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Sopoong , a social impact-focused VC, intends to support environmentally minded tech founders in South Korea and Southeast Asia, while building a bridge between Korean conglomerates and startups in the sector. Getting there will be another story.

Chemicals 248
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How we’re driving sustainable impact for business and society

CIO

For decades, we’ve been investing in innovation, partnerships, and programs that apply our technology, scale, and talented workforce to drive human progress – all intending to have a measurable influence on some of the complex challenges important to our business, customers, the communities we serve and society at large.

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How companies are innovating in the energy sector

Hacker Earth Developers Blog

Research shows that focusing innovation efforts on end-use technologies is more likely to “provide higher social returns on investment” while significantly reducing emissions. percent a year through 2050. Energy intensity in 2050 will be half that of what it was in 2013. Source: TheBreakthrough. Recommended reads.

Energy 174
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Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

TechCrunch

-based incubator focused on nonprofit startups that are addressing climate-related challenges through open-source data initiatives has announced the six startups which will be put through its 2022 program. government minister and a former MD of Microsoft for Startups U.K. and CEO of Code First: Girls, among others.

Data 200
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YC’s latest batch cuts African startup presence by more than half

TechCrunch

While this summer batch is still remote, this is YC’s first in-person batch in the last two years: about 30% of the batch moved to the Bay Area during its three-month program, and about 23% were already in the Bay area when they applied to YC. Therefore, it is plausible that being an in-person event has led to fewer African startups.

Fintech 204
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WordFinder app: Harnessing generative AI on AWS for aphasia communication

AWS Machine Learning - AI

This hackathon brought together teams from AWS customers across Queensland, Australia, to tackle pressing challenges faced by social good organizations. This number is expected to grow to over 300,000 by 2050. Aphasia can make everyday tasks like online banking, using social media, and trying new devices challenging.

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Elevate your digital transformation with impactful sustainability

CIO

These priorities are concretely influencing IT buying decisions: According to a global survey by Enterprise Strategy Group, 98% of IT decision-makers report that IT suppliers’ environmental, social, and governance (ESG) programs influence their IT purchasing decisions, and 85% have eliminated a potential technology supplier due to ESG concerns. [1]