Digital Transformation News

Microsoft and ADIO reinforce commitment to innovation and sustainability with 10 climate tech startups at COP28

ADIO

Startups from the 4th cohort of the GrowthX Accelerator program marked their graduation from the program with an in-person Demo Day at COP28 where they showcased their innovative solutions to tackle the impact of climate change around the world.

Microsoft and the Abu Dhabi Investment Office (ADIO) brought 10 impactful sustainability and climate tech startups to COP28 to showcase how their innovative solutions are tackling the most pressing challenges resulting from climate change. Hailing from the UAE, USA, UK, Greece, Spain, India, Finland, and South Korea, the startups are part of the 4th Cohort of the GrowthX Accelerator program, which was launched in 2021 as part of an ongoing collaboration between the ADIO and Microsoft to empower growth-stage B2B startups ranging primarily from the Seed to Series A stages.

Massimo Falcioni, Chief Competitiveness Officer at ADIO, said: “The UAE government’s forward-thinking vision has demonstrated the urgent need for collaboration in facing the challenges of climate change. Through the GrowthX Accelerator program, we are committed to supporting the UAE’s climate action goals and showcasing the exceptional creativity of Abu Dhabi’s startup ecosystem. The innovative solutions that they have developed and showcased exemplify the growing impact of entrepreneurs in solving global challenges and delivering real impact. “

The startups, Tomorrow IO, Mitiga Solutions, SEaB Power, Agritrack, Satavia, Nearthlab, Takachar, Cleantech Hub Grounds, Tespak, and Sustainable Planet, were selected from a pool of over 300 applicants with a shared commitment towards sustainability and climate missions. As part of the GrowthX Accelerator: COP28 Edition, they received invaluable mentorship opportunities and resources from multiple industry experts, experienced entrepreneurs, business leaders and investors over a period of eight weeks to help them successfully scale their businesses and realize ideas that drive positive climate impact.

Naim Yazbeck, General Manager, Microsoft UAE, praised the inspiring work of the startups and congratulated them on graduating from the GrowthX Accelerator program. “The startups that we welcomed for the GrowthX Accelerator: COP28 Edition demonstrated an admirable commitment to addressing some of the most pressing challenges that communities around the world are facing because of climate change. We are proud to have joined forces with ADIO to establish a robust ecosystem that provides them with enhanced access to resourcing, networking, and the mentorship opportunities they need to drive impactful solutions that will lead us to a brighter and more sustainable future.”

Related posts

Boosting Saudi SMEs in the era of digital revolution

Enterprise IT World MEA

Du Partners with AWS to Drive Digital Innovation in the UAE

Enterprise IT World MEA

Cloudera presents Generative AI Solutions and data innovations at LEAP 2024

Enterprise IT World MEA

Leave a Comment