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#technology #transport #ocean #impact |
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SAILING TOWARDS SUSTAINABILITY |
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Ships emit a staggering 1 billion tonnes of CO2 annually, contributing 3% of global greenhouse gas emissions, as much as aviation. Moreover, in Europe air pollution from shipping is responsible for over 50,000 deaths a year.
Silverstream Technologies, a London-based company, has developed an air lubrication system that generates a uniform carpet of microbubbles that reduces frictional resistance between the hull and the water. By reducing the propulsion energy required to move ships, this technology unlocks a 5-10% net fuel and emission saving.
Following the same goal of enhancing global transportation and logistics' energy efficiency, Beyond the Sea has pioneered a kite traction solution. These kites, adaptable to all ship types, harness wind power alongside engines, resulting in an average emission reduction of 20%. They also provide additional safety for sailors, as they can be used as emergency propulsion.
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Accenture has announced the acquisition of the learning platform Udacity, aiming to bolster its focus on AI-centric education.
Udacity, created in 2011, is renowned for its innovative technology courses blending online learning flexibility with human instruction. It has served more than 21 million registered learners in 195 countries.
The acquisition is part of Accenture's broader initiative to establish LearnVantage, a technology learning platform. By integrating Udacity's expertise, Accenture aims to provide tailored training in cloud, data, and AI, catering to the growing demand for upskilling in these areas.
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Clean Food Group secures EUR 2.9 Mln to deliver sustainable oil and fat ingredients
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Clean Food Group, a UK foodtech, has secured EUR 2.9 Mln from Clean Growth Fund to accelerate the commercialization of its sustainable oils and fats technology.
The startup's proprietary technology platform, leveraging scalable yeast strains and fermentation, utilizes food waste as its food source to deliver alternatives to traditional oil and fat ingredients.
The raised capital will facilitate the scale-up of Clean Food Group's technology platform, with a fully funded commercialization plan in place, focusing on reducing the reliance on palm oil production and combating deforestation.
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UK's Ascension VC announces first close of new Tech4Good pre-seed fund
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Ascension VC achieves a EUR 19.8 Mln first close for its institutional impact fund, aimed at supporting visionary founders leveraging technology to build more resilient societies, with a total target of EUR 58 Mln.
Led by Jean de Fougerolles and Emma Steele, Ascension Fund III claims to have made investments that can generate returns, notably through the early acquisitions of Credit Kudos by Apple and Guardian Angel by Octopus Wealth.
Investors of Ascension Fund III include anchor Big Society Capital, Housing Association Places for People, Esmee Fairbairn, along with several Family Offices, HNW individuals, and Ascension-backed founders such as Wagestream and Percent.
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