Introducing 10 startups pioneering in environmental issues and connectivity
Imagine a world where humans and nature coexist harmoniously, where everyone and everything is connected. We know it sounds like utopia but the companies pitching on the second day of the Innovation Partnership Forum demonstrated that it is not unattainable. A vibrant ecosystem of innovative startups are guiding the environmental and technological transitions towards a more connected, secure, proficient and eco-friendly urbanism.
Innovating for a more sustainable world
The challenge these startups are facing is great, which explains the massive investment in sustainable solutions : the current Planned Energy Scenario set out by governments is a total of 90 trillion U.S. dollars to be invested between 2016 and 2050 (1).
First, Orora fights against wildfires, recently responsible for the destruction of 186 000 km2 of forest in Australia. Their technology monitors risky areas and detects starting fires.
The Greensteps group has a complementary action : it plants trees to rebuild biodiversity and it tracks the growth of these trees.
Tackling a different but equally important issue, Themis boosts the circular economy with a zero emission machine that transforms industrial waste into distilled water and reusable solid waste. As a matter of fact, our world economy is only 9.1% circular (2), leaving a massive circularity gap.
With a heat tank that saves 20 to 50% of energy, Heat Ventors offers a significant solution for energy waste. Also, startups like Fusebox are relevant because they leverage knowledge and experience acquired in the Northern European countries to balance electricity grids and help improve the worldwide management of resources.
Innovating for a more connected world
Other startups chose to lead off a more connected world. The Internet of Things (IoT) represents a very promising technology : between 2019 and 2030 the number of IoT connected devices in the world will grow from 7.6 billion to 24.1 billion, with revenues more than tripling (3).
Actility powers Wifi to IoT devices, making life smarter and even saving lives, with an alerting system during street assaults for example.
But these technologies can be vulnerable, Angoka therefore offers security solutions adaptable to all devices, from toasters to drones. In order to create smart buildings and count passengers, BlockDox also uses IoT, especially IoT sensors. New methods of data collection and HR practices are valuable as well.
SenX manages data sensors with a platform that blends different sources of data to structure and analyze them.
Finally, 2 solutions to digital learning have been promoted : while Moblrn complements existing learning tools with an easy-to-use mobile app, Acktec digitizes content for greater knowledge retention.
Green and connected, cities will use smart interfaces to create networks of people and things, to abolish distances and paradoxically get closer together. Singapore has already implemented similar solutions and look how evolved it is : with its smart way of living, merging with virtual reality and so on, Singapore is globally seen as futuristic. Cities around the world might want to get inspired and to follow suit.
- IEA; IRENA, Global Renewables Outlook: Energy transformation 2050, page 34
- First Circularity Gap Report (De Wit , M, at all (2018), Circularity Gap Report, Circle Economy)
- IoT Total Addressable Market (TAM) forecasts published by Transforma Insights in May 2020