Plug and Play

Mitsubishi Corporation

Whiz Partners

IPF Partners

Barco Healthcare

Relyens

Pushing the envelope in MedTech with emerging technologies

Next-gen Medical Devices

Caresyntax

Providers of software that enhances the functionality of medical device hardware (diagnosis, treatment, and monitoring)

BP Ventures

Mitsui Fudosan

NordicNinja VC

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

MaaS Global

Startups that offer mobile apps that provide live information for route planning via multiple modes of transport

Toshiba Corporation

Hakuto Co. Ltd.

WiL (World Innovation Lab)

Kawasaki Heavy Industries

Fuva Brain

Tsuruden

FD Corporation

Digital Grid

Generating, collecting, and analyzing enterprise data will never be the same.

Edge Computing

Litmus Automation

Companies that provide software that facilitates analytics, cyber security, and IoT at the edge.

Engie

DOEN Participaties

MacKinnon, Bennett & Company

Bamboo Capital Partners

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Bboxx

Companies that facilitate renewable energy generation through next-gen advances in conventional renewable energy technologies such as solar, wind, and hydro

Covestro

Vopak

AP Ventures

Hydrogen Economy

Hydrogenious Technologies

Startups offering next-generation hydrogen distribution solutions such as solid and liquid-state hydrogen storage and alternative compression technologies for gaseous-state hydrogen storage. Also includes hydrogen fueling stations for mobility applications.

TVS Logistics Services

Golden Gate Ventures

JAFCO Asia

Skystar Capital

Insignia Ventures Partners

Ritase

Spare

Sony

Innovation Network Corporation of Japan

Yokohama Capital

Together established Next Mobility Co., Ltd. to provide AI-controlled bus services in Fukuoka, Japan, addressing traffic and sustainability issues.

Nishi-Nippon Railroad

OVO Energy

To establish a new processed oil products factory in Indonesia aimed at expanding presence in confectionary market and meeting growing demand.

Kaneka

UK-based Bboxx provides off-grid home solar power systems designed to overcome inadequate access to energy in developing markets. The company has a range of plug-and-play home solar power systems for households and micro-businesses. In January 2024, Bboxx moved its headquarters from London to Kigali, Rwanda in line with its commitment to Africa.The bPower50 has a 50 W solar panel coupled with a lithium iron phosphate (LiFePO4) battery that is capable of providing up to 100 Wh of electricity daily. The bPower60 has a 20 W solar panel coupled with a LiFePO4 battery that is capable of providing up to 63 Wh of electricity daily. In June 2023, Bboxx launched a new range of solar home system in four modular variations, offering 80 to 240 Wh of battery capacity (bPower80: 80 Wh, bPower120: 120 Wh, bPower160: 160 Wh, bPower240: 240 Wh).Key customers and partnershipsAs of January 2023, Bboxx served nearly 3.6 million people, across 10 African countries and Pakistan.Bboxx has partnered with EcoEnergy since 2017 to provide bPower50 solar home systems in Pakistan. In September 2022, Bboxx acquired <a href="https://sp-edge.com/updates/12843">PEG Africa</a>, a company that finances and deploys solar power to households and SMEs, to become the leading super platform for essential products and services in Africa. During the same month, Bboxx partnered with <a href="https://sp-edge.com/updates/13233">Unilever</a> through its Sunlight brand to accelerate access to clean energy across Kenya. In <a href="https://sp-edge.com/updates/25050">December 2023</a>, Bboxx partnered with Kuwait-based EnerTech to establish an electrification initiative worth up to USD 100 million that aims to expand Bboxx's impact across 11 markets in Africa.Financials and funding&nbsp;In <a href="https://sp-edge.com/updates/15008">November 2022</a>, Bboxx secured a loan of EUR 11 million (~USD 11.5 million) from the Off Grid Energy Access Fund which will support the company’s efforts of distributing solar home systems to last-mile customers in Togo. Prior to this, in August 2019, Bboxx raised USD 50 million in a Series D round led by Mitsubishi. The funds were part of Bboxx’s global expansion efforts.&nbsp;

Quaise has developed a millimeter-wave drilling technology that allows access to deep geothermal energy; overcoming the current geographical constraints facing geothermal energy technology. The proprietary technology was invented at the MIT Plasma Science and Fusion Center. The technology involves using a gyrotron to generate millimetric electromagnetic waves for drilling at depths beyond the capabilities of conventional drilling— up to 10 - 20 kilometers.Quaise intends to begin testing its first full-scale rig in 2024 and aims to have its first wells delivering heat in 2026 and the first power plant retrofitted in 2028.Funding and financialsIn <a href="https://sp-edge.com/updates/27803">March 2024</a>, Quaise raised USD 21 million in a Series A1 financing round led by Prelude Ventures and Safar Partners. The company intended to use the funds to improve its geologic understanding at pilot plant locations by conducting magnetic and seismic surveys to identify the most suitable areas for initial drilling. This will then inform the company where to place the first commercial pilots. In <a href="https://sp-edge.com/updates/25729">December 2023</a>, Quaise raised raised USD 13 million to improve its supply chain capabilities.Prior to this, in June 2022, the company raised USD 12 million as the <a href="https://sp-edge.com/updates/10959">second tranche</a> of its Series A round led by TechEnergy Ventures. In February 2022, the company raised USD 40 million as the <a href="https://sp-edge.com/updates/8387">first tranche</a> of its Series A funding round led by Safar Partners. Previously in August 2021, Quasie raised USD 12 million in a <a href="https://sp-edge.com/updates/4728">funding round</a> led by Nabors Industries, a leading global land drilling company. The funds were utilized for the development of Quaise’s millimeter-wave drilling technology. Quaise’s geographical presence spreads across three locations: Boston, Houston, and Cambridge, UK.

Amogy is developing portable carbon-free energy systems with ammonia as a renewable fuel source, which is claimed to have 5x higher system-level energy densities than lithium batteries. Amogy targets shipping, trucking, material-handling equipment, and distributed energy systems and data center industries and is expected to achieve commercialization by 2024. The company’s tech involves cracking liquid ammonia into hydrogen for direct integration into a fuel cell.Amogy has rapidly scaled up the power output of its energy systems with demonstration milestones including a 5 kW emission-free ammonia-powered drone in July 2021, a 100 kW powerpack in a tractor in May 2022, and a 300 kW ammonia-powered semi-truck in January 2023. The company expects to scale up to 10 MW+ systems for ships between 2024 and 2025. In December 2023, Amogy completed its technology verification phase with Lloyd’s Register, a provider of classification and compliance services for marine and offshore industries.In September 2023, Amogy invested USD 40 million to construct a 53,000- sq.ft. manufacturing facility in Houston, Texas to assemble its systems. The facility is set to begin operations in early 2024. The company also scaled its operations to Norway in 2022 and Singapore in 2023.Key customers and partnershipsIn September 2022, Amogy partnered with Amon Maritime to advance carbon-free, ammonia power solutions for the shipping industry. In November 2022, the company in partnership with Southern Devall deployed its ammonia-to-power system in a marine vessel for the first time. During the same month, Amogy partnered with Yara Clean Ammonia to consider the former’s ammonia-to-power systems for its shipping projects. In December 2022, the company signed a contract with Ballard Power System to purchase fuel cell engines for ammonia-to-power maritime applications.In February 2023, Amogy partnered with Sustainable Energy Catapult Center to begin testing for the 200kW ammonia-to-power platform in Norway. In April 2023, Amogy partnered with Marco Polo Marine to install ammonia-to-power systems in the latter’s existing or newly built wind vessels. In <a href="https://sp-edge.com/updates/18816">May 2023</a>, Amogy partnered with Skansi Offshore and SEAM to explore potential technology collaboration in ammonia applications to decarbonize the offshore industry. During the same month, Amogy partnered with LSB Industries to promote low-carbon ammonia as a marine fuel. In June 2023, the company signed an agreement with an undisclosed Norwegian shipping company to supply four 200 kW ammonia-to-power systems. In July 2023, Amogy partnered with Southwind to explore the application of ammonia-to-power technology in the offshore wind industry.In November 2023, Amogy partnered with Hy2gen to advance the use of renewable ammonia as a maritime fuel. During the same month, the company partnered with Azane Fuel Solutions to explore the technical and commercial feasibility of using Amogy’s ammonia-to-power system on board an Azane bunker vessel. In December 2023, Amogy partnered with Mitsubishi Corporation and SK Innovation to accelerate the adoption of Amogy’s ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, specifically Japan and South Korea.In January 2024, Amogy partnered with Infinium to carry out pilot projects to explore opportunities to integrate their technologies and develop commercial applications for eFuels and green ammonia. In March 2024, Amogy partnered with W-Industries to explore opportunities to scale the design and fabrication of modularized and containerized versions of Amogy’s products. During the same month, the company partnered with Green Ships Invest to integrate ten 200 kW ammonia-to-electrical power systems in one of the latter’s Platform Supply Vessels (ePSVs), with plans to do the same to two other vessels in the future.Funding and financialsIn June 2023, Amogy raised USD 11 million in a Series B-2 funding round. Prior to this, in March 2023, Amogy raised USD 139 million in a Series B-1 led by SK Innovation. The company intended to use the funds to support commercialization, begin manufacturing its ammonia-to-power technology, and bring its first product to market in 2024.&nbsp;In June 2022, Amogy raised USD 46 million in funding to further scale and commercialize its technology.&nbsp;None comparable: Only company to have developed an ammonia-to-power system

Augmenting the mining value chain with technology and automation

Mining Tech

KoBold Metals is a California-based artificial intelligence-powered mineral exploration company founded in 2018. The company utilizes AI, machine learning, and cloud computing techniques to assess the composition of the subsurface and identify potential mineral deposits, particularly focusing on critical materials needed for electric vehicle batteries and clean energy technologies. KoBold's primary focus is on discovering and developing deposits of metals such as copper, cobalt, lithium, and nickel.
At the core of KoBold's technology is TerraShed, a data platform that aggregates and structures large scientific data collections, making them quickly available for analysis. The company employs various proprietary modules and machine learning models to guide decisions throughout the exploration process. KoBold's approach combines AI systems with geoscience expertise to determine what information will best reduce uncertainty in finding minable ore deposits.
In July 2024, KoBold announced a significant copper discovery in Zambia, estimated to be the largest in over a decade. The company's Mingomba project is expected to produce at least 300,000 tons of copper annually once fully operational, with an estimated value of billions of dollars per year for decades. The deposit boasts copper ore grades of more than 5%, significantly higher than the industry average of around 0.6%.
KoBold's exploration methods have shown promising results. During a 2022 field season in northern Quebec, the company's AI-guided approach led to hitting nickel-sulfide mineralization in eight out of 10 drill holes, a success rate approximately 10 times better than the industry average for similarly isolated drill holes. The company currently has more than 60 exploration-stage projects across several countries.

MineSense Technologies Ltd. is a Vancouver-based company that develops smart technologies for the metallic mining industry. The company's flagship products, ShovelSense and BeltSense, provide real-time, sensor-based ore sorting solutions for mines. ShovelSense is a sensor installed on mining equipment that scans and estimates the grade of material in every shovel and bucket, while BeltSense is used on conveyance at different points of the mine's downstream operations. These technologies enable mine operators to make real-time decisions early in the mining process, routing ore to the mill for valuable mineral extraction or to the waste pile.
MineSense's solutions aim to improve ore grade control, operational profitability, and carbon intensity across the metals mining industry. The company's technology allows mining companies to see the value of material as it is being mined, bucket by bucket, addressing challenges such as depletion of high-quality metal resources and increasing political and environmental barriers. By more accurately sorting ore from waste, MineSense's technologies decrease environmental impacts through reduced greenhouse gas emissions, water and energy consumption per unit of metal recovered, and enable mines to optimize the use of resources.
Initially focused on copper mining, MineSense has expanded its capabilities to other base metals and is developing methods to predict non-metal material characteristics, such as ore hardness. The company's technology can increase metal recovery materially, with production from operating mines increasing by 5% to 25% on existing infrastructure. In December 2023, MineSense launched the MineSense Data Portal, a platform that leverages real-time data from ShovelSense and BeltSense to provide mining operators with data-driven insights for mine-to-mill optimization.

Lilac Solutions is a mining technology company based in Oakland, California that has developed an innovative lithium extraction process. Founded in 2016, Lilac aims to revolutionize lithium production to meet growing demand for electric vehicle batteries while minimizing environmental impacts. The company's proprietary ion exchange technology uses specially-designed beads to selectively absorb lithium from brine resources, eliminating the need for large evaporation ponds used in traditional extraction methods. Lilac claims its process is significantly faster, cheaper, and more scalable than existing technology, with the ability to recover 70-98% of available lithium depending on brine quality. The system reportedly uses less land and water while reducing greenhouse gas emissions by 80% compared to current brine extraction methods.
Lilac has conducted extensive testing on over 30 lithium brine resources worldwide. As of 2024, the company has successfully demonstrated its technology at the 1,000 L/hr scale and plans commercial units with 10,000 L/hr capacity. Lilac is currently developing projects in Argentina and the US. In Argentina, Lilac has a demonstration facility at Lake Resources' brine operation. In the US, the company is pursuing a lithium extraction project on Utah's Great Salt Lake through its subsidiary Waterleaf Resources. Lilac aims to produce 3,000 metric tons of lithium chemicals annually from the Great Salt Lake site by 2026, with plans to eventually scale up to 25,000 tons per year.

Using data and automation to achieve 24/7 production.

Smart Factory

Litmus offers industrial IoT solutions to connect manufacturing assets and collect data to generate operational insights for asset condition monitoring, overall equipment effectiveness, and predictive maintenance. Data is collected from a range of sources including programmable logic controllers (PLC), supervisory control and data acquisition (SCADA), manufacturing execution systems (MES), and sensors to be fed into AI and machine learning models. This is then sent as ready-to-use data to any cloud or enterprise application. The platform is pre-loaded with 250+ drivers and requires no programming. The Litmus IIoT platform can be employed at the edge, in the cloud, or using a combination of both.Furthermore, the platform offers a local database in addition to analytics, improving batch long-term analytics on the edge. Litmus also offers a range of integrations to benefit its clients, including those with leading cloud providers (including Azure and AWS), Big Data platforms, and enterprise software providers.Key customers and partnershipsLitmus claims that the platform generates millions of data points across hundreds of customers in 500+ plants and sites. The company’s customers include Google Cloud, Dell Technologies, HPE, Hitachi, Mitsubishi, and other global Fortune 500 companies. Litmus had 75+ partners as of October 2022 as system integrators, managed service providers, resellers, and cloud partners.Some of its partners are Google, Dell, Intel, Hitachi Vantara, Mitsubishi, and Atos. In October 2022, Litmus partnered with Sunlight, an edge computing infrastructure company, to collaborate on solutions for simplifying industrial IoT deployments. It also partnered with WPI, a Taiwanese semiconductor distributor, in April 2022, to distribute its edge platform via WPI’s resellers in the Asia Pacific region.

ThinkIQ offers a platform for manufacturers to collect, visualize, integrate, and derive insights from data to identify abnormalities in equipment and processes, with a view to continuous operational improvements. The company targets food and beverage, chemical, and pharmaceutical manufacturers.The company utilizes AI and machine learning to reveal material movements, identifying new insights and improvement opportunities in manufacturing processes. ThinkIQ's technology includes a historian that maintains supply chain and manufacturing data for analytics, a semantic model that contextualizes sensor data, and a material ledger for supply chain data analytics.&nbsp;ThinkIQ offers five main products to match different stages of automation in a factory: Vision, Visualize, Insight, Transform, and Autonomy. 1) ThinkIQ Vision targets manufacturers that are new to automation by setting up data collection systems using cameras and machine vision to generate data. 2) ThinkIQ Visualize is for manufacturers that already have a way of gathering data—Visualize helps to integrate existing data sources from different hardware (like cameras and sensors) and software (like ERPs and CRMs), allowing customers to see all data in one screen. 3) ThinkIQ Insight offers advanced visualization, cause-and-effect analysis, and cross-plant KPIs. It also provides alerts and notifications on issues that require immediate attention to avoid the risk of recalls. 4) ThinkIQ Transform links KPIs to industry standards and contextualizes the stream of data over time to generate insights. 5) ThinkIQ Autonomy is for the final stage of automation that integrates all manufacturing data with supply chain data as well as customers for better traceability.&nbsp;In May 2023, ThinkIQ launched its <a href="https://sp-edge.com/updates/18824">Continuous Intelligence Platform</a> to all existing ThinkIQ customers and CESMII (the Smart Manufacturing Institute) Smart Manufacturing Innovation Platform (SMIP) users. This was two months after the company received a <a href="https://sp-edge.com/updates/17407?industryIds=6">patent</a> for its technology to trace and analyze material flow in manufacturing processes. Meanwhile, <a href="https://sp-edge.com/updates/21272">In August 2023,</a> ThinkIQ was granted a US patent for its capability to align data for ongoing manufacturing material flow. This technology aids plant engineers, operators, and data scientists in identifying correlations, associations, and underlying factors within the manufacturing process.Key customers and partnershipsIn September 2021, ThinkIQ launched an Alliance Partner Program to help customers maximize their returns on investment in technology. Some of ThinkIQ’s notable partners are AWS, Microsoft, CESMII, Accenture, UST, JMP, and Atollogy.&nbsp;In January 2024, ThinkIQ partnered with Mitsubishi Corporation to accelerate the growth of its digital manufacturing platform in Japan, focusing on smart manufacturing solutions for industrial supply chains.

Germany-based Hydrogenious LOHC Technologies offers hydrogen storage and distribution services, based on its proprietary Liquid Organic Hydrogen Carrier (LOHC) technology. The company’s two product offerings, “StoragePLANTS” and “ReleasePLANTS,” can be customized in size to optimize the footprint for individual customers.StoragePLANTS are designed for large-scale storage of hydrogen in the form of LOHC oil, with capacities starting at five tons per day. The company also offers containerized systems with 2 lbs of hydrogen per hour for smaller projects and application pilots. The company’s ReleasePLANTS are designed to release hydrogen from the LOHC oil, with capacities starting at 1.5 tons per day, which the company says is ideal for fueling stations and industrial supply. The company also offers containerized systems that release 2 lbs of hydrogen per hour for smaller projects and pilot applications.As of January 2023, the company and its partner Vopak are building an LOHC storage facility in Chempark Dormagen, Germany, and a release facility in Rotterdam, the Netherlands with a release capacity of 1.5 tons of hydrogen per day.Hydrogenious LOHC Emirates, based in the UAE, is a joint venture with Emirates Specialized Contracting &amp; Oilfield Services (ESCO) to provide regional hydrogen storage and transportation solutions starting in 2021. Hydrogenious LOHC Maritime, based in Norway, was founded in 2021 jointly with Østensjø Group to develop a zero-emission on-board propulsion system with an LOHC/fuel cell solution for the global shipping industry.Key customers and partnershipsHydrogenious LOHC Technologies and its subsidiaries have entered into several partnerships to promote the use of green hydrogen in the shipping industry, and to develop its supply chain:In February 2024, the company received official notification from the EC for the Green Hydrogen@Blue Danube project, for which the company will build a ReleasePLANT near the Danube to create a green hydrogen supply hub in Bavaria. In <a href="https://sp-edge.com/updates/24968">December 2023</a>, Hydrogenious partnered with Clarksons Specialised Products, a company active in the chemical tanker market, to build a maritime supply chain for the transportation of green hydrogen. In May 2023, the company signed an MoU with European barge operator HGK Shipping, for the HyBarge project, which aims to develop solutions for the use of hydrogen in barge transportation.In March 2023, the company partnered with Alma Clean Power to develop a fully integrated LOHC solid oxide fuel cell (LOHC-SOFC) power system as part of the HyNjord project, which focuses on developing a 100 KW pilot powertrain to operate on an offshore supply vessel. The Ship-aH2oy project, which aims to develop a zero-emission propulsion technology for ships using green hydrogen from LOHCs, was launched in February 2023 with 17 partners. As one of the project partners, the company will oversee the detailed design of the LOHC release unit and its integration with the SOFC.In January 2023, the company formed a joint venture called LOHC Logistix with tank storage company Vopak, to store, transport, and delivery hydrogen using its LOHC technology. Other storage-related partnerships include one with tank storage company Evos and the Port of Amsterdam—the three partners signed an MoU in October 2022 to jointly develop hydrogen import facilities at the port. Earlier, in May 2022, the company successfully completed the joint EU project HySTOC, which used the company’s LOHC technology for hydrogen storage and transport in Finland. In October 2021, the company partnered with Bilfinger, an industrial services provider, to make green hydrogen commercially available on a large scale in Europe through a stationary LOHC plant.Further, Hydrogenious <a href="https://sp-edge.com/updates/9268">partnered</a> with Uniper (a German utility), JERAS Americas (a Japanese renewable energy equipment manufacturer), and Abu Dhabi National Oil Company (ADNOC) to jointly explore hydrogen transport between the UAE and Germany (March 2022), with CWP Global (a renewable energy development company) to explore a hydrogen transport chain from Morocco to Europe (May 2023), and with Greenergy to explore the development of a green hydrogen supply chain from Canada to the UK (March 2023).Funding and financialsThe company’s latest funding was in September 2021, when it raised EUR 50 million (~USD 54.1 million) in a venture round led by JERA Americas. Hydrogenious intends to use the funds to develop LOHC plants in Europe, North America, and Asia.

Hystar is a Norway-based electrolyzer developer and a spin-off from SINTEF, one of Europe’s largest independent research organizations.The company’s product line includes Vega (for applications where energy costs are a significant part of the total cost), Mira (a system powered by intermittent energy sources such as wind, solar, and hydro), and Orion (a constellation of Vega, Mira, or a combination stack).Hystar electrolyzers use the patented polymer electrolyte membrane (PEM) technology with thin membranes, anode air feed, and cathode water feed, which is said to be more efficient, safer, customizable, and sustainable than conventional electrolyzers. Hystar launched a 1 MW pilot plant and planned to launch a 4 GW plant by 2025. The company also aimed to expand into the US and launch a multi-GW facility by 2027.Hystar’s 1 MW pilot plant is a 10,000-hour trial designed to verify its containerized PEM electrolyzers under realistic field conditions. The project will run for three years from March 2022 to June 2025. In&nbsp;<a href="https://sp-edge.com/updates/36248">November 2024</a>, the company launched HyPilot, a demonstration project featuring a 1.5 MW containerized PEM electrolyzer. The project will test Hystar’s PEM electrolyzer stack technology under various operating conditions, including intermittent power supply scenarios.Key customers and partnershipsHystar has followed a partnership strategy in launching its plants. It partnered with ABB, Equinor, Yara, and Gassco to launch its 1 MW pilot plant (HyPilot), while the team for the 4 GW project (Autostack) includes experts from Semcon, Tronrud Engineering, and SINTEF Digital.In June 2023, Hystar partnered with Polish private energy group Polenergia to supply a 5 MW electrolyzer for its H2HubNS project in 2024 and provide long-term maintenance.Funding and financialsIn December 2023, Hystar was awarded more than NOK 17 million (USD 1.6 million) by the Norwegian Research Council to further develop its low-cost, high-efficiency PEM electrolyzer stack for the HYSTACK-II project.Hystar’s most recent funding was in January 2023, when it raised USD 26 million in a Series B funding round co-led by AP Ventures and Mitsubishi Corporation, with participation from Finindus, Nippon Steel Trading, Hillhouse Investment, and others. The funds were earmarked for growth initiatives, expansion into new markets, and large projects (over 100 MW).&nbsp;

Litmus is an Internet of Things (IoT) company that enables data collection, analytics, and management with an Intelligent Edge Computing Platform for industrial IoT (IIoT).&nbsp;It provides solutions to transform edge data into intelligence which can enable maintenance, machine learning (ML), and artificial intelligence (AI). The platform also offers a local database in addition to analytics, improving batch long-term analytics on the edge. Litmus also offers a range of integrations to benefit its clients, including those with leading cloud providers (including Azure and AWS), big data platforms, and enterprise software providers&nbsp;Key customer and partnerships&nbsp;Litmus partnered with Sunlight in October 2022 to simplify industrial IoT deployment. In April 2022, a collaboration with WPI expanded the global supply chain. The June 2021 partnership with Google Cloud aimed to offer an integrated edge-to-cloud solution for smart manufacturing, showcasing its commitment to innovation.The company has looked to expand through partnerships, such as its partnership with Oden Technologies (IIoT and analytics company) entered into in September 2020, which brings Oden's big data compute engine and ML capabilities to the Litmus platform to offer a IIoT solution for smart manufacturing. Litmus has also partnered with Google Cloud to develop AI capabilities at the edge with 5G and also enable solutions for smart manufacturing by integrating machine level data from Litmus, with Google Cloud’s analytics, AI, and machine learning.Furthermore, in November 2020, Litmus announced a partnership with Industrial IoT Solutions, an IT solutions distributor, to distribute its products in Brazil and provide Portuguese technical support. The partnership intends to link OT and IT to help Brazilian and Latin American enterprises improve their performance.

Making meat sustainable over the long term

Cell-cultured Meat

Mosa Meat is a Dutch cell-cultured meat startup founded by Dr. Mark Post of Maastricht University, and was the first-ever company to produce a lab-grown meat burger. The startup produces meat by growing myosatellite cells (muscle stem cells) extracted from an animal in a bioreactor fed with a nutrient-dense medium.The company replaced the fetal bovine serum (FBS) from its growth medium in July 2020, which led to an 88x cost reduction in its medium. As of March 2024, Mosa Meat operated the Center for Advanced Meat Production, Upscaling, and Sustainability (CAMPUS), a facility spanning over 79,000 sq ft that was designed to be expandable as demand grows.In <a href="https://sp-edge.com/updates/21645">September 2023</a>, Mosa Meat became the first cultivated meat company to attain B Corp certification. The company also announced plans to apply for regulatory approval in countries worldwide. In <a href="https://sp-edge.com/updates/21645">September 2023</a>, Mosa Meat became the first cultivated meat company to attain B Corp certification. The company also announced plans to apply for regulatory approval in countries worldwide. In <a href="https://sp-edge.com/updates/31970">July 2024</a>, it conducted the first official tasting of its cultivated beef product, the Mosa Burger, in the Netherlands. This event gathered Dutch cattle farmers, food product developers, and industry representatives to collect expert feedback.Key customers and partnershipsIn <a href="https://sp-edge.com/updates/14175">November 2022</a>, Mosa Meat entered into an agreement with Singapore-based contract development and manufacturing organization (CDMO) Esco Aster to commercialize its cultivated beef in Singapore. Further, in <a href="https://sp-edge.com/updates/16845">March 2023</a>, the company partnered withNutreco to develop a cell feed supply chain that can expedite production and scalability while reducing cost.Funding and financialsIn its latest funding round in <a href="https://sp-edge.com/updates/28536">April 2024</a>, the company raised EUR 40 million (~USD 42.5 million) in an oversubscribed funding round co-led by Lowercarbon Capital and M Ventures, with participation from PHW Group, Invest-NL, LIOF, and LEF. The funds were earmarked for scaling production procedures, reducing production costs, and gearing up for commercialization.

<div>
 
 MaaS Global is the developer behind Whim, a mobile transport planning app. The app is an all-in-one multimodal mobility app covering public transport, taxis, car rentals, ride-hailing, and micromobility including e-scooters and city bikes. By October 2021, the app had facilitated 20 million trips made via the app.&nbsp;
 
 
 A key appeal of the app is the discounts and added benefits available to those who purchase season or serial tickets, including discounts on ride-hailing and micromobility services. In July 2018, less than a year after its launch, it reached one million trips taken with the Whim app, which doubled within three months, which is reflective of the app's appeal.&nbsp;&nbsp;
 
 
 Key customers and partnerships
 
 
 Since its public launch in November 2017 in Finland, the Whim app has grown the number of cities and counties it covers. It is available primarily in cities across Western Europe including in Finland, Belgium, Austria, Switzerland, UK, and Japan. In March 2022, the firm entered the Latin American market via the acquisition of Quicko, a leading MaaS player, which operates in 100+ cities in Brazil with a user base of more than 500,000. In April 2022, the firm entered into a strategic partnership with Capitello Move to launch its Whim app in France in anticipation of the 2023 Rugby World Cup to be held there.&nbsp;&nbsp;
 
 
 Funding and financials
 
 
 In August 2021, the firm raised EUR 11 million (~USD 11.7 million) in Series B funding led by Vaudoise Assurances. The firm planned to use it to mitigate short-term impacts on the business due to Covid-19 and to further scale its operations in terms of its service offerings and global expansion.
 
 
 
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Technology to explore opportunities beyond Earth

Space Travel and Exploration Tech

Astroscale Holdings develops on-orbit servicing and related solutions. The company was initially established in Singapore in 2013 but moved headquarters to Japan in 2019. The company also has subsidiaries in the UK, the US, and Israel. In 2019, the company was named Forbes Japan startup of the year as well as being included in Time’s list of 100 most influential companies in 2022.Services provided by the company include Active Debris Removal (ADR), space situational awareness, End of Life (EOL) and Life Extension (LEX) for satellites, as well as customizable docking plates. In March 2021, the company successfully launched End-of-Life Services by the Astrocale demonstration (ELSA-d) mission, which won the 2021 satellite technology of the year award, to safely remove orbital debris equipped with proximity rendezvous technology and a magnetic docking mechanism, which, in 2022 was in orbit and in the process of gearing up for the ELSA-m (multiple client removal version of ELSA-d) mission set to launch in April 2026.In <a href="https://sp-edge.com/updates/32101">July 2024</a>, the company’s Active Debris Removal by Astroscale-Japan (ADRAS-J) mission successfully completed its controlled fly-around operations 50 m away from an H-2A rocket's upper stage debris. This operation marked a key milestone as the first global endeavor to securely reach and examine the state of an existing piece of debris.Key customers and partnershipsThe company has partnered with the European Space Agency (ESA) on several occasions (e.g.: In December 2018, it entered into a technical cooperation for the exchange of data and expertise relating to space debris monitoring and collision avoidance and was awarded a EUR 800,000 (~USD 861,328) contract to lead a collision avoidance study in March 2022). The UK Space Agency also awarded the company a bid to study removal of two defunct satellites from space as a part of UK’s ADR mission, which was set to be operational in 2025.In February 2020, Japan Aerospace Exploration Agency (JAXA) selected Astroscale for phase I of its first debris removal project as a commercial partner and in <a href="https://sp-edge.com/updates/12556?industryIds=77">August 2022 </a>for phase II. The company would be responsible for the manufacturing, launch, and operation of the satellite for JAXA’s demonstration mission CRD2. Furthermore, Japan’s Ministry of Economy, Trade, and Industry (METI) renewed a contract with the company for robotic arm and hand development in April 2022. Astroscale also signed an MOU in July 2021 with Mitsubishi Heavy Industries to collaborate on ADR missions and other space sustainability projects.In <a href="https://sp-edge.com/updates/16667">February 2023 </a>, the company formed a new partnership with Mitsubishi Electric to jointly develop and manufacture satellite buses for Japanese national security constellations. In <a href="https://sp-edge.com/updates/19139">June 2023</a>, Astroscale partnered with Share My Space, a French space surveillance startup, to enhance space object surveillance and mitigate collision risks. Later that month, the company <a href="https://sp-edge.com/updates/19535">signed a contract </a>with the French national space agency, Centre National D’Etudes Spatiales (CNES), to conduct a funded study on active debris removal (ADR) of French space debris and the identification of specific debris in early 2024.In <a href="https://sp-edge.com/updates/32572">August 2024</a>, Astroscale’s UK subsidiary signed an MoU with Airbus Defense and Space to enhance navigation and docking technologies for satellites and debris removal, combine Airbus’s satellite manufacturing with its in-orbit technologies, and for the maintenance of satellites. During the same <a href="https://sp-edge.com/updates/32908">month</a>, the company secured the lead for Phase II of JAXA’s Commercial Removal of Debris Demonstration (CRD2) contract valued at ~CNY 13 billion (~USD 90.3 million).

Smart Homes: Energy & Water Solutions

Bboxx is a UK-founded data-driven platform that provides African consumers with access to innovative products and services, including plug-and-play solar home systems (SHS), solar-powered water pumps, clean cooking solutions, smartphones, and e-mobility solutions. The company utilizes its proprietary fully integrated operating system, Bboxx Pulse, combined with an extensive on-the-ground network to connect customers with these life-changing offerings.Bboxx's core products are solar-powered battery boxes designed for households, enabling users to power small appliances like lights, mobile phones, refrigerators, and computers. The company follows a pay-as-you-go business model, allowing customers to pay for what they use through mobile money, making it affordable for low-income individuals. As of 2020, Bboxx had positively impacted over 3.6 million lives across Africa by providing access to clean energy and other essential products.In September 2022, Bboxx acquired solar home system provider PEG Africa, consolidating its leading position in the market and expanding its geographical footprint to Senegal, Ivory Coast, Ghana, and Mali, bringing its total operating markets to 10 countries. As of 2023, Bboxx's products were actively used by over 643,000 people, resulting in better lighting, improved connectivity, and the mitigation of more than 65,000 tCO2e emissions through the replacement of kerosene lanterns and other fuels.In March 2022, Bboxx launched the Flexx product line, consisting of a portable solar lantern and a multi-light system with charging ports, aimed at serving rural customers at the bottom of the energy pyramid in Rwanda and the Democratic Republic of Congo.

Caresyntax is a healthcare technology company that focuses on making surgery smarter and safer through its data-driven surgery platform. The company's enterprise-grade digital surgery platform utilizes proprietary software and artificial intelligence to analyze large volumes of data from various sources in and around the operating room. This includes video, audio, images, device data, clinical, and operational data. The platform generates actionable insights that can be used by surgical teams during procedures and accessed remotely via a dedicated telehealth link.The Caresyntax platform offers a range of features to improve surgical outcomes and operational efficiency. It provides real-time clinically relevant support tools during surgery, surgical workflow optimization before procedures, and clinical safety modules post-procedure. The platform also generates data analytics and insights for medical device companies, insurers, and other healthcare ecosystem players to drive innovation in healthcare delivery.In terms of operational improvements, Caresyntax has reported significant benefits for hospitals using its platform. These include a 39% increase in operating room scheduling block utilization, a 25% increase in billable minutes, and a 40% decrease in after-hours cases. Financially, hospitals using Caresyntax have reported up to 1.5 more surgeries per day, over USD 300,000 additional revenue per operating room, and more than USD 500 additional savings per operating room case based on better block time utilization.Caresyntax has expanded its offerings to include Risk Management as a Service (RMaaS) in partnership with Relyens, a European insurance and risk management leader. The company also offers Clinical Data as a Service (CDaaS) for industry partners to grow revenue, measure and improve value, and inform product development.Key customers and partnershipsCaresyntax has established partnerships with several notable institutions and companies. The University of Iowa healthcare has partnered with Caresyntax to evaluate and standardize pathways in the operating room. The University of Massachusetts Medical School has collaborated with the company to modernize virtual training and identify safety indicators for clinical settings. In April 2021, the American Board of Surgery selected Caresyntax to provide a platform for its pilot program incorporating video-based assessments into their board certification process.The company has also formed partnerships with international institutions. The University Hospital of Strasbourg in France has used Caresyntax software applications to document orthopedic training, leading to better scores, an optimized learning curve, and improved risk management. Sheba Medical Center, the largest medical center in the Middle East, has a research partnership with Caresyntax measuring oncological surgical data across more than 300 variables to develop algorithms for predicting surgical outcomes.

Technology providers that enhance satellite operations

Next-gen Satellites

Infostellar make space communications infrastructure, &amp; are now developing our cloud-based satellite antenna sharing platform, StellarStation. By lowering costs and increasing transmission time, Infostellar empowers satellite operators to improve the quality of their service and expand potential business.

Fueling the future: Tech powering the oil and gas value chain

Oil & Gas Tech

Booster Fuels is a company that provides mobile fueling solutions for transportation and logistics companies. Its technology allows for on-site fueling of vehicle fleets, eliminating the need for vehicles to travel to traditional gas stations. This mobile fueling approach aims to increase efficiency, reduce fuel costs, and minimize vehicle downtime for fleet operators. Booster Fuels positions itself as a partner to companies seeking to maximize fleet efficiency, lower operational costs, and transition toward more sustainable and environmentally friendly fuel sources. By bringing the fuel directly to the customer's location, Booster Fuels aims to help companies reduce their greenhouse gas emissions and achieve their sustainability goals.

Finnforel is a fish farm that grows, processes, and supplies fish meat.

Enechain is a solar energy solution firm. They offer a price discovery function that visualizes fair prices in the market and a distribution function that concludes transactions and distributes products.

Cyto-Facto is a biotechnology company that develops and manufactures CAR-T cell therapies and mesenchymal stem cell products.

MidOcean Energy is a provider of investment services designed to create a portfolio of long-term LNG interests. The business provides services to create a portfolio of varied LNG that is carbon competitive.

Tier IV is a federated academic startup embracing research and development of intelligent vehicles. Founded in December 2015, Tier IV has led the development of open-source software for self-driving technology, also known as Autoware, and applied it for the proof of concept of last-mile driverless mobility and logistics. Tier IV aspires to achieve “Democratization of Intelligent Vehicles”, where any individuals and organizations can contribute to a grander vision of future intelligent vehicles, leading to a better society in which all the people receive new spatio-temporal values.

Lilac Solutions is a developer of lithium extraction technology that absorbs lithium from brine deposits. The company's technology is based on ion-exchange theory, which allows lithium producers to accelerate project development, increase lithium recovery, and streamline operations while reducing costs and environmental impact.

ThinkIQ develops a supply chain management cloud-based software designed to combine existing disparate and siloed supply chain data with modeling technology to detect material movements. Its software integrates advanced cloud, big data management, and time series historian technology to provide context for the data and correlate events over time to enable end-to-end granular supply chain visibility, allowing manufacturers and enterprises to generate significant financial savings and improve engagement with customers. The company was founded in 2015 and is headquartered in Aliso Viejo, California.

Quaise is an energy company that is developing and commercializing novel millimeter-wave drilling systems to harness geothermal energy around the globe, overcoming the geographic constraints limiting this energy source today. The company was founded in 2018 and is based in Cambridge, Massachusetts.

Care Design Institute is an health care platform.

KoBold Metals invests in battery materials projects across the globe by combining basic ore-deposit science, big data, and scientific computing with patient private capital. The company's software uses datasets with conventional geochemical, geophysical, and geological data in statistical association models to identify prospects to ensure a cobalt supply for the electric vehicle revolution, enabling mineral exploration companies to find new sources of cobalt through machine learning and data analysis.

Amogy is a sustainable energy start-up that is working on a novel carbon-free energy system using ammonia as a renewable fuel. The innovative solution enables the decarbonization of ground, sea, and air transportation, accelerating the journey towards net zero economies.

Kyoto Fusioneering is a privately funded technology start-up founded in 2019, with its headquarters in Kyoto, Japan. The company is focused on the development of advanced technologies for commercial fusion reactors, including gyrotron systems, tritium fuel cycle technologies, and breeding blankets for tritium production and power generation. Kyoto Fusioneering is developing innovative solutions that are simultaneously high-performance and commercially viable. Supporting both public and private fusion developers around the world, the company is accelerating the realization of fusion as the ultimate energy source for humankind.

Swedish Biofuels delivers science, process architecture and engineering solutions for production and conversion of Alcohols to sustainable transport fuels.

Astroscale is one of the few companies in the world proposing to aid in the removal of orbital debris through the provision of end-of-life (EOL) and active debris removal (ADR) services. In addition to providing a technical solution, Astroscale is helping to define the business case for this service and is working with national space agencies, international institutions, non-profit organizations, insurance companies, and satellite operators to develop norms, regulations, and incentives that contribute to the responsible use of space.

Motor partners with utilities to accelerate consumer adoption of electric vehicles. Motor engages customers through their utility to offer access to EV ownership, overcoming common barriers to adoption and ensuring both the economic and grid benefits of electrification.

Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production.  Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various critical energy challenges and having the potential to reduce greenhouse gas emissions.

Jetti makes it possible to extract copper from low-grade primary sulfides, such as chalcopyrite, the world’s most abundant copper mineral ore. Jetti’s commercially proven and proprietary catalytic technology addresses the key technical problem preventing the recovery of trillions of dollars of trapped resources. We apply our catalysts to hundreds of millions of tons of ore, and significantly increase copper yields in a cost-effective and environmentally responsible manner.

Provider of financial planning platform designed to create a financial institution with new values and behaviors from scratch. The company's platform has been strengthening its team, developing the first service, and preparing for the necessary financial license acquisition, enabling users to secure their future financially.

Booster is energy delivered, integrated logistics, and society’s solution for decarbonizing last-mile delivery. We reinvented the way vehicles get power for 120,000+ customers and 300+ businesses. Their customers have saved more than eight million miles and four million pounds of CO2 emissions. With Booster, businesses can add back more than 31K labor hours every year, plus 68 thousand miles of wear and tear and $700K spent on fueling. Booster was established in 2015 and operates in San Mateo, California, United States.

Infostellar make space communications infrastructure, & are now developing our cloud-based satellite antenna sharing platform, StellarStation.  By lowering costs and increasing transmission time, Infostellar empowers satellite operators to improve the quality of their service and expand potential business.

ISORG is the pioneer company in organic and printed electronics for large area photo-detectors and image sensors.ISORG offers complete services from proof-of-concept to mass production for innovative opto-electronics systems (hardware and software).

With technology and community, Pintap help client enjoy more business and bring more benefit to traditional market.

Unerry  is responsible for new high-tech and financial business consulting and corporate revitalization.we aim to realize an IoT platform that can technically identify and approach habits, habits, and interests that people are not aware of. By doing so, we believe that what we have to do normally will be automatically assisted, and we will realize such an environmentally intelligent city where we can meet new and interesting events that we only recognized unconsciously. You.

DeCurret is into Cryptocurrency Business.

Mosa Meat produces slaughter-free hamburgers. The burger is harvested from cow cells, rather than raising and slaughtering a whole animal. By growing meat naturally from cells, Mosa Meat strives to accelerate the transition to a truly sustainable global food system.

TVS Supply Chain Solutions (TVS SCS) is a global provider of world class, end-to-end supply chain services across a variety of sectors. They are specialists in providing revenue growth, inventory reduction and operating costs reduction. The organisation operates on a global scale with over 30,000 personnel and with facilities in the UK & Europe, North America, the Indian Sub-Continent and the Asia Pacific region. Their parent company, TVS Logistics Services Limited, has its global HQ in India and operates across Europe, Asia and the USA. TVS LSL is one of the world’s fastest growing supply chain specialists. TVS SCS is a market-leading provider of supply chain solutions, operating in the automotive, beverage, defence, industrial and utilities sectors.

WiTricity is the trailblazer in wireless charging for electric vehicles, leading the development and implementation of magnetic resonance technology across passenger and commercial vehicles alike. The company’s technology is backed by an extensive patent portfolio and is the foundation for ratified global EV wireless charging standards including SAE, ISO, and GB. Automakers and Tier 1 suppliers turn to WiTricity to help accelerate the adoption of EVs by eliminating the hassle of plug-in charging, setting the stage for future autonomy.

TradeWaltz enables users to share unverifiable information on a large scale by storing substantiating documentation of trade operations in distributed ledgers electronically. It also ensures the authenticity of digital documents and enables levels of data application, such as smooth information flow between corporate systems and anti-money laundering measures, by transforming trade documents into smart data. By eliminating multiple data entries and human errors in transcription, they provide a platform that maximizes the efficiency of administrative procedures.

Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Denno Kotsu is a Taxi dispatch system development and provision, taxi company contract dispatch service

SENSY is personal artificial intelligence that understands people's senses. By having one artificial intelligence, SENSY learns the ''sensitivity'' of each user and creates a life-changing encounter with various lifestyles.

AMS provides EC support services and O2O solutions that meet the demands of large-scale EC sites.Combining an evolving core system, a web design / sales strategy team familiar with the EC mail order industry, high-quality product registration / product photography / customer support operations, etc., we provide full support for EC mail order site operations other than product procurement. The AMS solves various management issues arising from business growth and maximizes sales, such as improving operational quality and customer satisfaction, strengthening promotions, and optimizing the supply chain from suppliers to site users.

Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

Crisp Holdings offers online payment, store management systems and CRM solutions.

Optima India is a Tech Venture company from Nagoya University. Optima India develops business focusing on the area of the delivery plan, ''Which vehicle, which destination, in which order, which order will you go,'' using combinatorial optimization, machine learning, statistics, and other technologies.

HERE, the Open Location Platform company, enables people, enterprises and cities to harness the power of location. By making sense of the world through the lens of location we empower our customers to achieve better outcomes – from helping a city manage its infrastructure or an enterprise optimize its assets to guiding drivers to their destination safely. To learn more about HERE, including our new generation of cloud-based location platform services.

Caresyntax is a digital surgery platform that enables OR teams to predict and improve surgical performance. Its enterprise-grade digital surgery platform delivers insights to improve patient outcomes by using proprietary software and AI to analyze large volumes of video, audio, images, device data, clinical, and operational data in and around the OR. Caresyntax insights help surgeons benchmark and improve their care, hospital administrators use surgical resources more efficiently, medical device companies advance better products, and insurance companies understand risk and devise more tailored policies. The software is used in more than 4,000 operating rooms worldwide, has supported more than 30,000 surgeons, and improved care for more than 2 million patients.

MaaS Global is the Mobility-as-a-Service operator, is set to change how people move in the future. As the world’s first-ever mobility operator, they’re set to make the biggest change in transport since affordable cars came to market.  They aim to provide people an alternative to owning a car – an alternative that is not just equally good, but much better. By fulfilling people’s every travel need, complemented by attractive value-added services, they are enabling a future of easy, efficient, and sustainable mobility.

Digital Grid is a retail supply contract or a power supply contract with a service provider using the digital grid platform.

Litmus is an IIoT company that enables data collection, analytics, and management with an Intelligent Edge Computing Platform for Industrial IoT. It provides the solution to transform critical edge data into actionable intelligence that can power maintenance, machine learning, and artificial intelligence. The company's vision is to enable organizations who envision the implementation of Internet of Things (IoT) to seamlessly connect their devices to applications that can generate business value from that data.Litmus Automation was founded in 2013 and is headquartered in San Jose, California.

BBOXX designs, manufactures, and distributes plug and play solar systems to enhance access to energy throughout Africa. It aims to expand on this mission by creating innovative methods of distributing renewable energy to the bottom of the pyramid in developing countries. Consumers will have the ability to have a western energy experience off-the-grid and in rural areas. The company focuses on providing access to the fundamental need of access to electricity combined with superior customer service.

Founded in 2013, Hydrogenious Technoloiges is a spin-off of the University of Erlangen-Nuremberg by its CEO Dr. Daniel Teichmann and the three co-founders Prof. Wolfgang Arlt, Prof. Peter Wasserscheid and Prof. Eberhardt Schlücker. The need for safe and efficient hydrogen storage for multi-MWh energy storage systems and safe and reliable hydrogen storage for hydrogen refuelling stations and fuel cell mobility was imminent – and Liquid Organic Hydrogen Carriers (LOHC) proved to be the solution. Having completed the technological proof of concept at the university’s laboratories, the idea became reality and Hydrogenious Technologies, a global pioneer in LOHC based energy storage, was born. With the University of Erlangen-Nuremberg becoming a shareholder in May 2014 and the successful close of a Series A funding round in July 2014 with Anglo American Platinum as investor, Hydrogenious Technologies is now backed with strong scientific, strategic and financial capacities to revolutionize large-scale energy and hydrogen storage.

TVS Logistics is a fast growing 3rd party logistics provider across multiple verticals including automotive, distribution, electronics, and discrete component manufacturing. They are a flagship company of the highly respected TVS group. TVS Logistics was established in 2004 and provides integrated supply chain solutions across the world either directly or through there joint ventures and subsidiaries.  With there extensive global footprint and strong expertise in supply chain logistics, they offer unparalleled levels of customer satisfaction.

Ritase is a technology platform that connect your ERP system to various logistics companies that allow you to track the shipment real-time.

Spare is a mobility management software company that enhances public transit services through on-demand and shared transportation solutions. The platform integrates various modes of transport, enabling efficient and accessible mobility for all users. Their platform uses advanced algorithms and data analytics to optimize routes, reduce wait times, and improve overall efficiency for transportation services. By optimizing transportation services and promoting shared rides, Spare Labs reduces traffic congestion and emissions, supporting more sustainable urban mobility.

iXs is a start-up to solve social problems with robot technology.In addition to the development of inspection / business robots and special environment-compatible robots that we have been conducting so far, we have developed and operated AI / Data Service systems and analyzed big data. We provide products and services. We provide consistent support from introduction to operation of products and services that can be used and used, to solve customer issues.

OVO Energy is an independent energy technology company and supplier. OVO Energy is set to make energy cheaper, greener, and simpler. The company has brought great service, clear information, and honesty to a broken industry. OVO Energy has made a strong commitment to becoming a carbon-neutral company, actively striving to meet ambitious science-based carbon reduction goals. Concurrently, they are dedicated to assisting customers in lowering their household emissions.

Rhelixa is a leader in epigenome analysis.We analyze genomes, epigenomes, and transcriptomes using our proprietary technologies to dramatically improve the efficiency and accuracy of R & D.

CookpadTV is engages in Cooking video business.

SoftWheel is a technology company that develops advanced in-wheel suspension technology to enhance personal mobility. Its innovative suspension system is engineered for use in the wheelchair, bicycle, and automotive sectors. It aims to improve people’s lives and drive sustainable transportation through innovative technology. ​Based in Tel Aviv, Israel, SoftWheel has strategic partnerships with leading global companies, such as NSK, Linamar, and others.

Summit Power International is an infrastructure developer and operator in South Asia. SPI comprises a group of businesses which focus on developing, owning and operating power generating assets. Our portfolio of infrastructure assets produce reliable energy for sale to governments and state utilities, in return providing long-term predictable revenue streams.

MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

AutoSpot is a pioneering platform for buying new cars. Company use reverse marketplace model by aggregating offers from official dealers. AutoSpot connects auto dealers directly with customers, integrates dealers’ stocks online and enable customers to choose, compare and shop cars online. This service adds transparency to the process of car purchase giving customers access to a real time prices for cars and ability to get better offers without bargaining through the auction process. More than 410 auto dealers already joined the system.  AutoSpot has a dominating position in the online segment of selling a new cars in Russia which is estimated at $47 billion. By 2022, investors estimate the market share of AutoSpot at 20.5% from online sales in Russia and 5.1% of all sales. At the moment AutoSpot sell circa 1000 new automobiles per month and continue making the platform more scalable and functionally rich including offer of financial products such as auto-loans and insurance.

MICIN is a medical IT company that offers a free app for patient charts, billing, and video chatting between doctors and patients.

Tavelmout Corp. is one business entity of a group of biotech companies, the “Chitose Group”. Tasteless and odorless raw Spirulina are produced and commercialized using the efficient cultivation technologies developed by Chitose Laboratory Corp., which is the research entity of Chitose Group. In addition, in order to use Spirulina as a protein source in various food products, original technologies have been developed and applied for product development, commercialization, and marketing.

Taberumo produces and cultivates environmentally sustainable food technologies and resources to provide nutrition with algae for all. The company allows consumers to directly buy goods or services from a seller over the internet using a web browser.

PeptiStar is a CDMO (Contract Development and Manufacturing Organization) for peptide APIs, from traditional peptides to constrained peptides including macrocyclic and stapled peptides containing non-natural amino acids. PeptiStar is a technology-based company that provides its customers with high value-added services through its innovative manufacturing technologies.

Vegetalia provides sensor network application systems with a focus on agriculture.

Prodrone is focused on the manufacturing of drone systems for industrial and commercial purposes. It offers PD4-AW, PD6-AW, PD6B, and PD6B-AW. It facilitates a website that enables its customers to find information and compare prices of its products. Prodrone offers drone service providers and manufacturers with consulting services to develop their businesses. Prodrone was founded by Kiyokazu Sugaki, Kazuo Ichihara, and Masakazu Kono in January 2015. It is based in Nagoya, Japan.

Unirobot is a Development, manufacture, sale of next generation social robot.Development of general embedded software incidental to the above.Research and development on Personal AI (communication of natural language processing,.

Olam International was established in 1989 with 1 product in 1 country, trading cashew from Nigeria into India. Today they are a leading agri-business operating from seed to shelf in 70 countries, supplying food and industrial raw materials to over 16,200 customers worldwide. Their team of 62,500 full-time, seasonal, contract and temporary employees have built a leadership position in many businesses including cocoa, coffee, cashew, rice and cotton. They have 47 different products across 16 platforms.

Cara Therapeutics is an emerging biotechnology company focused on developing novel therapeutics to treat human diseases associated with pain and inflammation. Cara possesses both near-term clinical development opportunities combined with proprietary approaches to developing first-in-class novel therapeutics. Cara's most advanced patented compound, CR845, is currently undergoing clinical testing for acute pain and pruritis. This best-in-class compound possesses unique analgesic and anti-inflammatory activities appropriate for multiple therapeutic applications. In addition, Cara aims to develop a future pipeline of first-in-class molecules at novel analgesic and anti-inflammatory targets using its proprietary drug screening technology.

HHI Group Holdings operates as a business unit of Metaldyne.HHI Group Holdings Manufactures of forged parts for power train and wheel end applications in the automotive industry. The company's products include wheel hubs, transmission turbine hubs and axle ring and pinion gears.

Full Speed Inc. provides internet marketing services such as keyword selection, bid price adjusting, copywriting, and more. The company operates under many segments. The Internet Advertising Agency segment primarily provides listing advertising and search engine marketing (SEM) solutions. Its Ad Network segment provides advertising network services which integrate several website advertising spots to delivery advertisements. Its Information Media segment is engaged in the planning and creation of various information sites as well as in providing development and operational services for e-commerce sites. It also offers website and banner creation services under its Creative segment. Full Speed was incorporated in 2003 and is headquartered in Japan.

Entuity, Inc. provides holistic network management solutions and maximizes the technology investments of the enterprise, delivering ROI after only hours of deployment.

UDcast SA provides Internet protocol (IP) broadcast solutions for wireless networks. It offers mobile, terrestrial, and WiMAX television solutions, as well as provides satellite Internet protocol solutions. The companyâ€™s products include IP Encapsulator, a network infrastructure element for delivering digital television to mobile devices; IPE-Manager that enables the control of IP encapsulation points distributed in the network; iSplicer, which enables the distribution of mobile or digital television content directly to the DVB-H, DVB-SH, or DVB-T broadcast towers; and TSprocessor, a secure Web interface that enables flexible manipulation of MPEG2 transport streams in digital and mobile television networks. The company provides GOLDENEAGLE, a reception equipment for network monitoring, analysis, and validation of compliance; Silver, a monitoring equipment for DVB-H and DVB-T networks; and NAVIGATOR to perform mobile measurement campaigns. It also offers Broadcast Manager Monitoring and Analysis, a network control solution for remote monitoring of mobile television and broadcast networks; WiMAX TV System for integration into existing WiMAX network equipment; UDgateway, a wide area networks optimization controller for broadband satellite; and UDstation-Access, a central appliance located at the satellite hub. In addition, the company provides consulting, integration, studies, training, and support services. Its products and solutions provide the broadcasting and telecommunication industries with the tools for delivering data and media applications. The company was founded in 2000 and is headquartered in Sophia Antipolis, France with additional offices in Algeria, China, Italy, Korea, Spain, and the United States.

For more than two decades, LizardTech has delivered innovative software products for managing, accessing and distributing massive, high-resolution geospatial data such as aerial and satellite imagery and LiDAR data. LizardTech pioneered the MrSID technology, a powerful wavelet-based image encoder, viewer and file format. The MrSID format is supported in all major GIS applications.  LizardTech has offices in Seattle, Denver, London, and Tokyo and is a business name of Celartem Technology Inc.

H2scan Corporation is headquartered in Valencia, California, and was formed September 18, 2002 through an MBO with capital assistance from Vancouver-based Chrysalix Energy Limited Partnership and Ravinia Venture Fund. The company was created upon the purchase of all sensor assets of DCH Sensor Corporation.   Ballard Power Systems Inc., Shell Hydrogen, and Duke Energy formed Chrysalix (www.chrysalix.com) in July 2001. This Partnership has since been joined by The BOC Group, BASF Venture Capital, The Mitsubishi Corporation.  The fundamental technology of H2scan sensor systems was developed by the U.S. National Laboratory at Sandia. H2scan has significantly improved upon this technology through US patents and manufacturing trade secrets.

Ardana  Bioscience was created in July 2000 to commercialise research by the Medical Research Council (MRC )'s Human Reproductive Sciences  Unit (HRSU) in Edinburgh, Scotland which has been at the forefront of this area of research for the last 28 years. The  MRC  employs nearly 100 staff at the Unit which currently receives total annual funding of &pound;3.8 million.

Launched in 1999, Air2Web offers companies the tools and technology to promote products and brands, improve the efficiency of customer service and enable mobile transactions, anytime, anywhere. Over the past 10 years, Air2Web has launched thousands of mobile marketing campaigns and integrated mobile technology into strategic business applications for customer care.   Acquired by Velti in 2011, Air2Web's tools and technology are now integrated into Velti's full-funnel mobile marketing platform. Velti's results-focused technology platform, coupled with Air2Web's mCRM solutions, allows marketers to harness the power of mobile to reach new customers, drive consideration with interactive mobile marketing strategies, accelerate consumer actions using meaningful data, and nurture customer relationships thru data-driven marketing programs. Velti is a publicly held corporation based in Jersey, and trades on the NASDAQ Global Select Market under the symbol VELT. For more information, visit www.velti.com.

LuxN provides intelligent optical access and transport solutions for metropolitan service providers and major enterprises. Supporting both CWDM and DWDM, LuxN's carrier-class, OSMINE-certified systems offer manageability and service level assurance for critical applications. LuxN's protocol-independent solutions enable delivery of high-bandwidth data, storage, video, and voice services for a diversified customer base including ILECs, CLECs, MSOs, utilities, municipalities, and storage providers. An ISO 9001 certified company, LuxN has a diverse base of customers and distribution partners spanning the North American, Asia-Pacific, and European regions.

e-LogiT is a logistics company that specializes in ecommerce. The company supports ecommerce and mail order companies in fulfillment outsourcing, consulting, system development, and logistics. e-LogiT was founded by Rio Kakui in 2000 and is headquartered in Tokyo, Japan.

AppStream, Inc. provides technology for on-demand software distribution and software license management tools for small businesses, education, and government clients. It offers AppStream 5.0, a self-service software distribution and license management platform. The company provides solutions in the areas of self-service software distribution, which provides end-users with on-demand pull-based access to applications with no IT assistance; software license management, which ensures compliance with license contracts and increases the efficiency of software licenses; remote software access, which enables access to PC applications; and virtual image distribution, which streams virtual images to PCs. It also offers support, consulting, and training services. The company was founded in 1999 and is headquartered in Palo Alto, California. As of April 18, 2008, AppStream, Inc. operates as a subsidiary of Symantec Corporation.

Silicon Wave, a San Diego pioneer in the Bluetooth wireless technology.

Adero provides content delivery enablement solutions to carriers and hosting providers through its Adero GlobalWise Network technology. The company also provides content delivery services, and its CD-enable services provide enhanced content distribution for static content and streaming for hosting companies and carriers.  Adero’s CD-net services provide professional consulting services, including network architecture planning and implementation, along with CDN technologies that enable carriers to enhance and or build their content delivery network as a private label offering. The company is based in Waltham, Massachusetts.

RioPort build its integrated digital audio platform for the delivery, management and playback of music and spoken audio content.

MakeMusic, Inc., is a world leader in music technology. Their products include Finale, the world’s best-selling music notation software; Garritan, the leading provider of quality virtual software instruments; MusicXML, the standard open format for exchanging digital sheet music; and SmartMusic, interactive software featuring the world’s largest accompaniment library.

DeNA provides a social game platform, social games, e-commerce, and other Web services for mobile devices and PCs. Its current flagship business is its mobile social games platform Mobage which offers first, second,  and third-party games on multiple localized player networks worldwide.

Kinzan.com is a leading e-business platform provider for extending brand, content, commerce and relationship networks on the Internet. Kinzan.com is the first outsourced, turnkey platform enabling organizations to quickly and cost effectively deploy large networks of e-commerce enabled Web sites with a consistent, but localized, look and feel. Franchises, associations, portals, corporations, and other organizations can build and manage online relationship networks of independent Web sites created by their members, affiliates and customers. Kinzan.com's platform includes the Siteman™ Web development applications and services, Web site infrastructure and hosting, customization services and support.

Sonus delivers SIP based communications and SBC solutions to enterprises and service providers across the globe enabling Unified Communications in the Cloud. ''Name change to Ribbon Communications''.

Verisign operates the infrastructure for the .com, .net, .tv, .cc, .name, .jobs, .edu and .gov top-level domains, as well as two of the world’s 13 Internet root servers A and J, managing and protecting the DNS infrastructure for some 121 million domain names and processing more than 77 billion Internet queries daily.  Verisign’s infrastructure assurance services, including Managed DNS, DDoS Protection and iDefense Security Intelligence, help to ensure online businesses are as available as the Web itself.

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, living essentials, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

<div> Mitsubishi Corporation (NYSE: MSBHF) is one of Japan's largest trading companies and a core member of the Mitsubishi Group. Founded in 1870, Mitsubishi has evolved from a shipping firm into a global conglomerate with operations spanning multiple industries. The company operates through several business segments: <ul> <li> Natural Gas: Develops LNG projects and trades natural gas </li> <li> Industrial Materials: Trades metals, minerals, and other industrial materials </li> <li> Petroleum &amp; Chemicals: Trades crude oil, petroleum products, and petrochemicals </li> <li> Mineral Resources: Invests in and operates mining projects </li> <li> Industrial Infrastructure: Provides infrastructure-related services and equipment </li> <li> Automotive &amp; Mobility: Involved in automobile manufacturing, sales, and related businesses </li> <li> Food Industry: Procures and distributes food products globally </li> <li> Consumer Industry: Operates retail businesses and provides consumer goods/services </li> <li> Power Solution: Develops and operates power generation projects </li> <li> Urban Development: Develops and operates real estate properties </li> </ul> In recent developments, Mitsubishi announced strong first quarter 2024 sales, up 35.7% year-over-year. The Outlander SUV remains the company's top seller, with sales up 41.1% compared to Q1 2023. In August 2023, Mitsubishi joined a partnership with Nissan and Honda to jointly develop electric vehicles and related technologies. The company aims to accelerate its electrification efforts, with targets for electrified vehicles to account for 50% of global sales by 2030 and 100% by 2035. </div>

Mitsubishi

Mitsubishi Corporation's $25M Investment Boosts Ample's Battery-Swapping Technology

Producers of cell-cultured seafood using cells extracted from fish. Startups have succeeded in developing prototypes of yellowtail and salmon

Producers of cell-cultured pork using cells extracted from animals. Startups have succeeded in developing prototypes of bacon and pork belly using cultured muscle and plant-based proteins and fat

Producers of cell-cultured beef using cells extracted from animals. Some producers in the industry are developing premium beef ranges such as Wagyu. Startups have only succeeded in developing prototypes in the minced form, with a few creating prototypes of (pieces of) steak using 3D bioprinters

Producers of cell-cultured chicken and duck using cells extracted from animals. Some producers in the industry are developing rare delicacies such as foie gras. Startups have only succeeded in developing products in the nugget form

Producers of growth media for cell-cultured meat production and ingredients for meat and meat analog (cell-cultured, plant-based) producers, which can include cell culture meat paste, culture fat, etc. Producers of growth media mainly focus on developing alternative growth media to FBS using plant-based or other sources

Developers of bioreactors and other technologies used in cell-cultured meat production. Industrial scaling and efficiency gains are key areas of interest for startups in the industry

Earth-friendly biotech solutions for the textile, packaging and construction industries.

Bio-based Materials

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<div>
 The Finland-based sustainable fuels and renewable feedstock solutions company, Neste, is joining forces with Mitsubishi Corporation (MC) in Japan to create supply chains for renewable chemicals and plastics. The aim is to supply various sectors in Japan including food and beverage, clothing, and consumer electronics.
 For this initiative, Neste will provide its bio-based plastic feedstock, Neste RE, and expertise in sustainable materials, while MC will utilize its business development and supply chain management experience. The collaboration will offer green alternatives to Japanese brands interested in minimizing greenhouse gas emissions and reliance on fossil resources in their supply chains. Prior collaborations between the two companies have yielded projects like renewable PET bottles and bio-based clothing.

</div> Analyst QuickTake: 
 The partnership follows the <a href="https: 
//sp-edge.com/updates/30417"> July 2024 </a> partnership with Marubeni and Resonac to produce bio-based chemicals in Japan using Neste's bio-based feedstock. In <a href="https: 
//sp-edge.com/updates/24180"> November 2023 </a> , the company partnered with Mitsui Chemicals and Prime Polymer to develop bio-based food packaging in Japan. Mitsubishi Corporation is also a member of Neste’s consortium to establish a sustainable polyester supply chain in Asia, launched in <a href="https: 
//sp-edge.com/updates/31205"> July 2024 </a> .

Mitsubishi

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