Business

ESG is coming to venture capital. Here’s how startup founders can stay ahead of the curve

ESG is coming to venture capital. Here’s how startup founders can stay ahead of the curve

Venture capital has been a laggard in considering environmental, social and governance aspects when making investments. The tide is now turning. If you’re a startup founder who has raised venture capital (VC) funding or is looking to do so, you know that global VC funding hit USD 454 billion in the first three quarters of 2021, up…
First Person: The entrepreneur helping Middle Eastern women enter the digital economy

First Person: The entrepreneur helping Middle Eastern women enter the digital economy

Mona Ataya, a Palestinian-Lebanese entrepreneur based in the United Arab Emirates, runs the largest online marketplace for mothers in the Middle East Ms. Ataya is the founding partner and CEO of Mumzworld, and has been on the Board of Directors of the Dubai Chamber for Digital Economy since 2011. In a conversation with May Yaccoub…
Largest-ever funding round from the European Innovation Council Accelerator with 99 innovative companies set to receive EUR 627 million

Largest-ever funding round from the European Innovation Council Accelerator with 99 innovative companies set to receive EUR 627 million

The European Commission selects 99 innovative start-ups and SMEs that will receive EUR 627 million of EU funding to help them bring their promising technologies to the market The selected companies will receive grants and/or equity investments, depending on their needs, up to a maximum of EUR 17.5 million. They were selected following a rigorous process,…
Ireland entrusts Indra with the interoperability platform for all of its toll roads

Ireland entrusts Indra with the interoperability platform for all of its toll roads

Following an international public tender, Indra has been awarded the contract for the supply, implementation and maintenance of this platform to serve Ireland’s 11 toll roads and their operation until 2026 Following an international public tender, Transport Infrastructure Ireland (TII), the official body responsible for Ireland’s national road network, has selected Indra, one of the…
Ventures Platform Secures First Close of US$40mn Fund

Ventures Platform Secures First Close of US$40mn Fund

This Is the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs Ventures Platform, the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs, has announced the first close of its new US$40m Pan-African, early-stage fund to invest in market-creating innovations. With this close led by the Nigeria Sovereign Investment…
5 ways Palestinian startups are shaping their society

5 ways Palestinian startups are shaping their society

The Middle East and North Africa are home to a vibrant and dynamic entrepreneurial ecosystem and are increasingly drawing attention from international investors Recently, the Middle East and North Africa’s startup scene has been drawing increasing attention from international investors. Only three years after the multi-billion acquisition of the region’s first unicorn, the ride-hailing app Careem, total…
90 manufacturing sites are scaling innovations on learning network of World Economic Forum

90 manufacturing sites are scaling innovations on learning network of World Economic Forum

More than half of all the network’s factories are making an impact on the future of manufacturing and environmental sustainability through technological transformations 21 new manufacturing sites have just joined the World Economic Forum’s Global Lighthouse Network as leaders in applying Fourth Industrial Revolution technologies to increase efficiency and productivity, along with environmental stewardship. Among…
Characteristics of Century-Old Japanese Companies

Characteristics of Century-Old Japanese Companies

In the global ranking, Japan ranks first (33,076), the USA (19497) second, and Sweden (13,997), Germany (4947), and the UK (1861) come next A coveted goal for many companies is to survive for a long time, even for over a century, in the face of competition. This desire has been expressed by the founders of…
INOKIM Looks to Europe for e-Scooter Growth

INOKIM Looks to Europe for e-Scooter Growth

The company is in the process of developing a mobile app that will socially connect all INOKIM riders all over the world Cities that are planned for bicycles and e-scooters tend to have cleaner and more breathable air and suffer from less traffic congestion. By offering paved and dedicated lanes and parking spots for bicycles…
ST Engineering Accelerates Smart City Growth with Acquisition of TransCore for US$2.68b

ST Engineering Accelerates Smart City Growth with Acquisition of TransCore for US$2.68b

The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory approvals, customary closing conditions and approval from ST Engineering’s shareholders at an Extraordinary General Meeting to be convened Singapore Technologies Engineering Ltd (ST Engineering) today announced that it has entered into an agreement to acquire all the…