ClimaTech Run sees eight African firms reach the last 15. All the shortlisted startups are involved in combatting climate change and hail from a range of different sectors.
ClimaTech Run is a pitching competition run by the Egyptian International Cooperation Ministry that will take place during COP27, which is currently underway in Sharm el Sheik. 15 startups from around the world have been chosen from the 422 startups that applied. The winner will receive USD 100,000, the second placing startup USD 50,000 and the third, USD 25,000. Their participation in COP27 will also give them the chance to exchange expertise and gain support for expansion, according to International Cooperation Minister Rania Al Mashat.
ClimaTech Run: 15 startups
The shortlisted startups hail from various sectors, including energy, agriculture, food security, transport, and urban development, all include elements of sustainability and are involved in efforts to curb climate change. Eight firms are based in Africa and together the 15 companies operate across 46 countries.
Mozare3 is an Egypt-based agri-fintech that provides farmers with access to finance, contracts them for production, provides them with the materials they need to produce crops and helps prepare their product for market.
BeeSage is a Latvian firm that produces an app that helps to monitor the health and condition of beehives, helping to maximize production.
BleagLee is a Cameroonian recycling and waste management firm.
Earthly, a British company, helps firms invest in nature-based solutions that remove carbon and restore biodiversity.
HelioRec is a French firm that builds floating, near-shore solar power systems.
Cercle X is an Indian waste management startup that allows the selling of recyclable waste and incentivizes citizen participation.
Koltiva is an Indonesian agritech startup that supports companies in making their supply chains transparent, inclusive and climate aware.
French cold storage company Koolboks offers long-term solutions to store goods using solar power.
South African company LiquidGold offers a waterless sanitation solution that can urine into a dry bio-fertilizer.
Emirati firm Nadeera works with local governments to design and deploy citizen-centric, fit-for-purpose, integrated, and sustainable waste management masterplans.
Tanzanian solar agritech firm Ng’wala Inventions produces organic pesticides and fertilizers and provides farmers with a device to help them manage their use.
American firm Ryp Labs creates compounds that help to extend the shelf life of fresh produce, thereby reducing waste.
Singaporean firm Seppure is creating sustainable solutions to reduce the environmental impact of industrial chemical processes.
Skenariolabs is a Finnish real estate analytics firm that helps companies make informed, responsible financial decisions based on risk and value assessments.
ThinkBikes is a Nigerian company that manufactures and sells affordable electric bicycles.
COP27 is running in Sharm el Sheik until November 18.