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Location: India
Investment Amount: US$550,000
Technology: Energy Storage and TransportationConsidering the power cuts and the high costs of running a diesel-powered coolers for the milk storage and cooling, Inficold proposed to replace the widely used diesel generators with ice batteries, which can be charged when grid power is available and then provide cooling during power cuts, making farm level cooling systems efficient and inexpensive to own and operate.
Location: GhanaInvestment Amount: US$182,466Technology: Solar EnergyTranslight Solar was born with a mission to make affordable and reliable solar energy solutions more accessible. As part of the company’s offering, payment, tracking, battery protection and remote monitoring systems were developed to respond to market demand, allowing collaborating financial institutions to lend for the purchase of solar energy.
Location: Cambodia, Philippines & IndonesiaInvestment Amount: US$200,000Technology: Plug-and-play smart DC microgridsOkra is a plug-and-play technology solution that allows smart pay-as-you-go microgrids to be created by connecting existing off-the-shelf solar panels and batteries. While innovative technology was at the heart of the company, it would be the strategic guidance that would catapult the company towards profitability.
Location: IndiaInvestment Amount: US$10,000,000Technology: Energy EfficiencyConsidering the constant and widespread usage of fans in India, Mumbai-based company Atomberg created a low-cost, energy efficient fan, so that more people could improve their quality of life with a smaller financial investment and less environmental damage for longer periods of time.
Location: ZambiaInvestment Amount: US$500,000Technology: Solar EnergyVITALITE was founded out of a need to electrify rural and peri-urban Zambia – one of the most dispersed populations with little access to the national grid. The company grows to not only provide solar products to underserved communities, but also to pioneer an integrated pay-as-you-go financial service ensuring low-income, indigent households had the opportunity to invest in their own critical services.
Location: VietnamInvestment Amount: US$42,000Technology: Clean transportGreen, shared mobility is what QIQ believes congested cities need, and by utilising blockchain technology, it has taken on the challenge to accelerate adoption of sustainable shared transportation.
QIQ began as a fast charging electric bicycle and scooter provider for smart cities and today is “redesigning how future shared electric last mile vehicles would look like for all ages and road conditions in cities”.
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