Sustainable Tech Partner’s Post

Our daily look at M&A, funding and financial developments in the #sustainability market. Updates for Friday, September 6, 2024 include: 1. Financial Services: The Asian Development Bank (ADB) has approved a new goal to devote 50% of its annual lending to #ClimateFinance by 2030, Reuters reported. 2. Accelerator - MSP Software:  PC Powersave, an #MSP software platform for #EnergyManagement led by Daniel Ellis, is one of three finalists in the #PitchIT2024 Accelerator Program from ConnectWise. Winners will be announced during the #ITNation Connect 2024 conference in Orlando, Florida. 3. Sustainable Mobility: A The Company Lab (CO.LAB) and TennSMART announced four winners of the Sustainable Mobility Reverse Pitch Challenge. The honorees included: - #BrdgTRK (Chattanooga, TN): Provides a cloud-based hardware solution that gives users end-to-end visibility of shipping goods in real time.  - Ganaio (El Cajon, CA): Developer of a patented hardware solution that extends the driving range of electric vehicles.  - #Minco Technology Labs (Austin, TX): Provides flexible fuel cell propulsion that has a lower cost of ownership than legacy propulsion systems.  - #Naycel (Lake Mary, FL): Decarbonizes the battery supply chain by converting carbon gas into responsibly manufactured critical battery graphite materials. 4. M&A - Sustainability Intelligence Platform:  EcoVadis has acquired Ulula, a human rights technology and analytics company "aiming to improve working conditions across global supply chains." See all the details here: https://lnkd.in/eaXzu-6F #MSP #ChannelPartners #Startups #Sustainability #NetZero #CarbonReduction #Incubators #Accelerators #MergersAndAcquisitions

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Thank you, STP, for featuring Ganaio in the latest sustainability market update. We're proud to be recognized alongside such innovative peers in the Sustainable Mobility Reverse Pitch Challenge. Congrats to all the honorees! #SustainableMobility #Innovation #CleanTech

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