From UAE to the World, Innovation meets Impact - Hub71 x ADIO Pitching session
Abu Dhabi Finance Week·Wed, Oct 9, 2024, 12:00 AM
Transcript
[Music] now let's see if that sustainability unicorn is ready from the uee to the world Innovation meets impact the Hub 71 and adio pitching session these startups really represent The Cutting Edge of innovation and sustainability so let's explore their solution and ideas right now the first one is green future project green future project is a subscription service for the planet they develop an easyto use platform where businesses and individuals can take action and action to support the best climic projects globally please welcome Zan tarun the co-founder and chief growth officer [Music] [Applause] welcome as we've seen on stage and at the turn of cop 28 today we see that businesses governments and institutions all are pledging to reach Net Zero but how do they get there it's a very important question and the scientific Community has proved that in order to meet Net Zero goals businesses need to adopt a two-fold approach on the one hand they need to reduce their emissions internally and on the other hand they need to offset the remaining emissions through carbon removal Green future project is the first TurnKey SAS solution for Net Zero tools we provide an endtoend software to help businesses measure reduce offset their carbon emissions in real time how do we know it works well we've worked with over a hundred businesses worldwide and in the past one year in the uee we have managed to work with companies such as adnoc shaja sustainable City Eldar and Gulf Capital our software is divided into three modules the first one is focused on carbon accounting optimizing scope one two and three and IES in line with International standards allowing businesses to calculate and Report under ISO and csrd which are Frameworks that helps businesses report to the E and ESG the second piece is utility management helping businesses Monitor and optimize their energy and water usage by connecting an API and helping them track their energy through an AI powered actionable savings last but not least is our carbon offsets in climate action we've divided three solutions that are completely adaptable to any business model whether it's high quality carbon offsets an e-commerce API or a climate positive subscription for workforces gfp has created a suite of solutions that is adaptable to any business model what makes us unique is that we have a transparent Tru that allows businesses to track communicate and engage their community and their stakeholders whether it's projecting and mirroring their impact to their public websites or monitoring projects through satellite imagery and remote technology that has been approved by eza um which is European Space Agency we are growing rapidly and we're scaling and our plan is to continue growing and replicating this model worldwide our approach is to form strategic Partnerships allowing us to expand to different markets for example as we have in Japan through forming a partnership with the toou group that is hand handling the Japanese Market we're a global team with global offices worldwide science scientifically backed by the best scientists coming from Oxford University that have approved our carbon accounting tool we're raising 2.1 million euros in the next six months and we'd love you to join us in this journey we'd also be in cop for the next two weeks in the green zone follow us on social media to find us and speak to us and we'd love to have you join us on this Journey thank you so much thank you very much Zane and the next pitch will be Ary Reef Ary Reef offers climate Solutions with eco-engineering approaches for ocean ecosystems restoration they combine their expertise in Marine Biology and the latest Technologies in 3D printing techniques and Material Science to create artificial habitats that are best suited for the threatened marine life and here is the director of operations lamise zeri [Applause] [Music] welcome thank you cor Reef or dying fast in fact since the 50s we lost half of the coral covers and if we don't act now by the end of the century we will lose all our corals this is important because 1.2 billion people depends on Coral for food they protect our cost and generate more than 30 billion a year in ecotourism make no mistake people have been trying for the few last decad to solve this problem but traditional method or not Des designed for Coral they leech toxicity and they require heavy lifting for deployment introducing arar Reef we invented the world first 3D printed Reef tile our Reef are designed for Coral they are eco-friendly and easy to deploy and this is how it works the legs provide stability the base layer preventing from sinking too deep into loose sediment and the biomimicry layer is designed after a coral named Prat Gyra which is great at dealing with sedimentation stress once produced divers can simply place them on the seabed one diver can cover about 40 square meter per day the results are encouraging we deliver 95% survivorship after 3 years which is is four times higher than traditional method and with that we enhance Marine local biodiversity in comparison to our competitors we deliver higher survivorship we are more eco-friendly and more scalable we sell to large corporation on the basis of a development size they pay us a setup fees and then they subscribe to our Reef has a service platform for at least three years during this period we provide them with quarterly monitoring that they can then use for their ESG reporting and compliance with this our Revenue have significantly grown while we did for 140k in 2021 we generated already $2.7 million us doar this year we work with some of the largest company across Abu Dhabi and Hong Kong and we receive recognation from some of the leading institution across the world with this we establish here in Abu Dhabi an ech inuring facility uh an eco-engineering facility where we provide restoration to the world our Founders are mix of Science and commerce while Dave and Rico are the scientific Foundation Den has funded many startup and scaled them into multi-million uh Revenue news I'm lamise I'm the director of operation in arar and hasard geology by training environment preservation have always been a driving force for me we um secured investment from investor like adq and um purpose venture capital and today we only ask for partnership for with cooperation thank you for your time and please connect with us through our LinkedIn thanks thank you very much lamise next up we have sustainable Planet sustainable planet is an aritech company that is utilizing sustainable technology to combat food insecurity and climate change they're particularly focus on the farming of water lentils with high protein content and also the processing these to various products of high protein concentration please welcome Susan Payne the co-founder and C o o [Music] welcome hello my name is Susan Payne and sustainable Planet focuses on three critical Global issues one of them is food security one of them is agricultural regeneration and the third is climate mitigation we have a problem increasing protein global because our requirements are going up considerably and will continue to over the next 20 years but how do we do this sustainably when we lack arable land without deforestation and we Face a number of issues including saline impaction water and food scarcity soil degradation and Dro what sustainable planet does is that we can increase Global Food and economic systems for everyone and how we do that is that we can grow nutritional plant protein on flat Flats desert lands any non-arable land we can grow on and we can create H food for both human and animal consumptions it's an it's an impactful and sustainable superfood it grows 365 days a year it doubles in biomass every 48 hours it's scalable and easy to transport and we can create jobs and food for thousands of farmers it also reduces CO2 emissions so we can create carbon credits as an adjunct to to the company and finally other applications are being investigated now including medicinal in terms of sustainability and biodiversity and in a direct competition actually with soya water lentils win on every level there's no deforestation the water use is significantly less the scale we produce 10 times to 15 times more protein than soya per Hector the nutritional value is not just about protein the social impact is enormous there's no carbon footprint no chemicals and minimal fertilizers are used and finally we can price match soya so in terms of better nutrition we can put this into all sorts of Super Foods or all sorts of foods and they go from protein pasta that we're developing with ber protein bars which we actually showcased at Gul Foods protein shakes Etc and we're developing strategic relationships with ingredient provid iders now the business model in IP start with cultivating the plant itself extracting the protein and then creating products or carbon credits off the back of that protein extraction we work with the best agricultural universities in the world including University of of wagon ingen in Holland and we have an exclusive Global license the IP to create a colorless odorless high protein isolate we work with small holder farmers and in so doing we can provide them with above average wages of between three and five times what they normally would earn we also train them and can provide better nutrition for them as a result and diversification in their crops and as I mentioned the Company addresses all 17 SGS which is highly unusual the management and advisory team is global and very robust across all aspects from agriculture execution is critical also finance and Tech we have a number of Awards and Milestones in 2023 uh starting with the um Fortune 500 listing but we've won three major Awards one being a United Nations uh food Innovation award and the African startup award and also won the food Tech Challenge here in the UAE um in January we were um actually nominated for the a shop Prize last year when our revenues were lower we've just been nominated again yesterday we're investment ready and we're seeking 5 to20 million to expand the company the Returns on this investment are extremely robust at 50% um irr and the model we plan to franchise and replicate we've tried it in eight countries in four regions from Thailand to India Oman uh UAE and also mosambique and our Flagship is in mosambique currently the market is is expected to grow over 500% over the next seven years we focus on healing lands agricultural regeneration and creating healthier lives and we can create protein the only protein in the world without any carbon footprint we hope to speak to some of you today and will be at cop where I'm actually speaking on behalf of the United Nations and also Microsoft when there thank you very much thank you very much Susan for this pitch now we come to Akai they are a hardware enabled software Service Company they're merging biomimicry with water risk management they're delivering data from waterways using 3D printed bolik fish drones and these have data that will be accessible in the VAP of course for a subscription fee and the fishlike autonomous underwater vehicle can bease please welcome the co-founder CEO lyanna Thompson [Applause] welcome hello everyone thanks for joining us here on the sustainability day and supporting environmental Technologies I'm Lanna Thompson and I'm the founder and the CEO of aai let's talk about a problem we're all very familiar with and in fact this issue of water scality is plaguing the entire planet here in the UAE were anticipated to lose 27 billion dollar as a result of Walter scarcity by 2050 and in fact that has brought about a water security uh strategy act and integrated Water Management planning that's where aai comes in so we geolocate water issues risk issues within waterways and by doing that we use biomimetic robotic fish-like platforms that carry a payload of cameras and sensors up to 16 plug andplay sensors and our fish drones they swim and maneuver and they go autonomously they stay in the water up to about a year and they're harnessing the data which is delivered onto a web dashboard so in short we're the most affordable easy to access reliable high quality data Out There Our value proposition is that we're also lightweight we're also recyclable and we're also delivering as I mentioned the data onto the dashboard which is very easy to access whether it's on your phone or on your computer through the cloud the use cases vary at the end of the day we are an autonomous underwater vehicle so that means if we're in these waterways here in ports canal uh corals even um ship holes were applicable in all of those use cases for environmental and visual monitoring I should point out that we have three cameras on board including the Sid scanner the markets I'm sure you're familiar with if you're here the blue economy is growing as is the Water Management Market espcially because of water scarcity and I want to bring your attention actually to the Precision aquaculture Market Market aquaculture is a $280 billion Market Precision aquaculture the digitization of aquaculture is also growing exponentially because we have to feed a growing planet and this is the lowest carbon foot growth with which to feed the planet and our founding partners are cavari cavari actually supplies Whole Foods with sustainable salmon they do not use fish to farm their salmon they use insect and seaweed our our units swam in those Waters in The Arc Circle for up to 10 months delivering data our competition focuses mostly on defense and oil and gas and a lot of the tools out there were built for those Deep Pockets but aai was focusing on Blue economy stakeholders and that's why our price point is onethird the cost of our closest competitor and we also are reliable on the surface in medium and in Shallow Waters international team from all over the world what I like to call a group of Mad Hatters our strategic network is vast we're 10 years doing this we are part of hub71 so shout out for them that we're actually here today and they're providing us a soft Landing as we now have aai Mina as adding to aai Norway and aai us these are achievements I am here today looking for uh partners that can actually help us with this soft Landing as we scale and build our facility of assembly and we have orders already worth 1 .5 million and a solid Pipeline and we're looking for partners to grow and with that I just want to thank you for your time and come and find me we have a booth over there and I'll be at cop as well and again thank you for doing your work to protect the environment thank you thank you very much lyanna Thompson next up we have moment moment enables accessible funding on trading of solar voltaic Investments with a builtin wallet they specialize in putting real assets and legal contracts on the blockchain and this mechanisms allows individuals to support renewable energy adoption while earning a for castet income and here is the founder and CEO Aaron pumers welcome yellow hello hello hello morning everybody it's good to be here it's great to be here in fact uh yes my name is Aaron and I'm the founder and CEO of moment so I'm going to take about 3 minutes of your guys time to today to explain what it is and how it works and why it's changing the world so let's start off with the size of the opportunity and really I think when you live in a first world economy like this beautiful city that we're in now sometimes it's easy to forget that much of the world is struggling without any power how can we support any technology companies in the world if we don't have electricity no Innovations are possible without energy so in South Africa alone which is where I'm from you can probably hear the funny accent um there's a $28 billion opportunity for privatized mini energy grids right decentralized energy grids are the new thing that people need to be talking about for a sustainable world there's a huge demand for these private energy grids and this is really an opportunity for us as people to actually own energy grids before this the only people who could run and manage energy grids are governments right uh beyond that in Africa there's $140 billion opportunity and globally it's about a one .
5 trillion opportunity right now the way that it works is actually quite simple so you as an investor can purchase a piece of a solar installation right these are commercial grade fully sized managed and insured grids now those directly power underlying businesses like schools Farms hospitals uh and businesses that really really require these Powers directly on their roofs right the income from them paying their normal electricity bills gets distributed back to the investors through secure contracts on the blockchain you get about a 12% Target yield per anom so that's better than any bank account that you could just get on on an interest or a savings it's a 20year contract so I mean people have long said property is a great investment right because everyone needs a home well everyone needs energy and you're not looking for a 2-year lease contract you're getting a 20year lease contract after that term the uh offer so the the school or the hospital they'll either buy the assets outright from you so you still get a kicker there at the end or they'll renew the contract and you carry on getting your revenues now what's really revolutionary about what we've done from a legal perspective is in our home country South Africa our customers actually get a 125% tax incentive that means if they invest $100 they get $125 off of their taxable income so to no brainer for them to purchase this right now and I think that's a good precedent for what we can do in the global market we're we're trusted by Revenue Services for the product that we've created now talking about that product this is a web three first that you actually get a tax credit for purchasing a dig digital asset but the first question on your mind might be why use blockchain at all the reason why we use blockchain is because it takes us 30 seconds versus 5 days to do the revenue distributions globally it also cost us under $3 to split those payments to thousands of investors in one go instead of thousands of dollars right which normal Global remittance fees would cost uh I think just a little bit of clarity on who is actually renting the asset like I said they're Farms factories body corporates they're incentivized because it's zero upfront it's climate friendly they get energy resilience and often times they can pass this cost onto their tenants the investors you guys in the audience uh it's a $28 billion Market you can get some tax credits if you're in certain markets 20 year stable return and you can easily transfer them I didn't even get onto the secondary Market because you can sell these assets I'm being told I'm out of time so just to let you guys know we're on a really strong trajectory upward from here we are raising a funding round 25% closed and uh yeah we've got a really slick platform I got to run guys thank you so much for Lending me your ears see you guys soon thank you very much Aaron great pitch and great energy as always next up we have carbon cifer carbon cfer is a UAE founded climate Tech startup it's an AI enabled platform that allows businesses to reduce measure and remove their carbon footprint and start on their Net Zero Journey exactly what we need and here's the co-founder and CEO onor elun welcome [Music] good morning everyone um my name is onor uh I moved to UAE 15 years ago worked in Boston Consulting Group for about 10 years and most recently at talabat before I founded carbon suffer so um we are based in hub71 UA founded company and we are a proud climate Tech partner of Emir nature WWF so what we do today in global South businesses do struggle to take tangible climate action why simple lack of capabilities no one knows where to start unknown Roi what's the impact you're going to achieve what star I am I going to get out of sustainability big problem this is when we come in our climate Tech platform democratize access to tangible climate action for businesses in particular for smmes so how it works how the magic happens the first step we remove all the friction to start Net Zero journey by just letting businesses dump their data you have an invoice dump it you have an Excel sheet more than welcome no one likes templates Integrations take time which we can still do then next step our AI enabled emission calcul engine gets the data reads it cleans it and then Maps it to our proprietary emission calculation data warehouse which we have more than 54,000 data points many of which are local factors from there we move into the Baseline emissions for a business voila you have your Baseline calculation for your business so you know that you can improve because because you can only improve what you measure that's where we start and at the end of the day you have a beautiful dashboard where you see all the way down to your suppliers who are contributing the most to your carbon footprint all the way down to the item level then we convert it into a report in a form that's aligned with the international standards simple business model we charge mainly subscription fee we also make money on the API calls and the car credits we Supply huge Market fast growing these numbers you see here changes every month there's no UAE based competitor yet but I expect to come many more uh but Global competition is growing so if you are in Dubai just put ecofriendly drive on kareim we are live with kareim we we help them to remove their carbon footprint we signed a major fintech agreement with MasterCard more to follow soon we are also on boarding emirus driving company um and we have many more clients like aldar talabat and many more Last Words uh this is the team a combination of people who worked in talabat Kim Amazon and Boston Consulting team Last Words um we will scale up our businesses mainly into hotels Hospitality restaurants next year that's why we are starting our fun raising Journey thank you so much thank you very much onor thank you now we come to the next pitch hero go you already heard earlier about hero go hero go is Mina's first food Tech platform that reduces food costs and fights food loss and waste they work with local farmers and food importers to reclaim close to expiring or excess produce and then they sell it up to 50% discount to Consumers and businesses diverting food from the landfills and here's the founder Daniel Solomon welcome hi everyone did you know that tens of percent of every food that gets grown gets wasted before reaching the consumers this cost the M region $6 billion annually making food and living cost the number one on the global race index we exist to solve the $6 billion problem and the food loss problem for the minor region hi I'm Daniel from hero at hero we believe that the global 45% of every food that gets wasted shouldn't be lost think water carbon and inequality we work with local farmers and importers to rescue soplos Wy products at up to 50% discount and bring them directly to to customers and businesses to reduce their bill by up to 30% we provide businesses with analytics dashboard to track their impact in the environmental savings we currently monetize on a subscription model here in the UAE in less than 18 months we've done $1 million in annual recurring revenue and a cost of acquisition of $10 and this is a profitable business model beyond the financials in the first year we've reclaimed over one 148 carbon from being emitted and about 98 million L of water from being wasted and we're committed in providing 50 Mills to people who are in lowincome communities where it gets really interesting is in the B2B model with top brand who are using our platform and getting their produce delivered to them weekly unlike the online platform that all compete for quality and contribute to the food loss and the waste problem or delivering minutes and contribute to the Mina emission problem or International providers who do not have platform or knowledge that is fit for the Mina region ero is the first platform that is designed for the Min region to eliminate food loss and food ways backed by technology we're the right team for the job we've worked with each other for years in my previous startup we leverage on technology FNB in operation experience with top industry expert providing us the growth guide that we need to match demand we're currently raising $1.5 million with 300,000 already committed from previous investors and we join bringing you to join us on the journey so don't take our word for it there are thousands of users who are using the platform and they great embassadors so come join us in driving value from food that has been wasted promotes food security for the Mina region and drive in affordability that normally en close the gap and bring more food to more people thank you hero go next up we have iarm ifarm creates Innovative agriculture Technologies to facilitate automated vertical farming around the entire world the Advanced Hardware Solutions combin their proprietary software platform that enables edible plants to be grown virtually everywhere and here's the co-founder Max shiso [Music] [Applause] welcome hey everyone hi Max uh the founder of iarm just imagine the delicious vegges will be available to you all year round wherever you are it's not the magic it's Farm indoor farming solution provider the main difference between greenhouse and indoor farm that our clients allow to grow wide variety of crops all year round with the same cost same price without any pesticide we have technology for growing leafy greens for growing wedges and also for growing berries and the main things it's a software that control all the technical and business data our clients pay one time for the for the hardware and design and subscription for the software and for consumables two years ago we focused on Europe market and start uh Farm in Switzerland and Germany and France from the last year we focus on Mina region and we already built and start parate a farm in Saudi in Riyad and uh one Farm in Dubai our next step is Asian market we already start build a farm in Indonesia and one Farm in Mexico our main difference it's uh that we focus on profitability of the clients farms and we also focus on wide variety of crops for our clients last year we closed when 5 million total revenue and uh for the six year we already raised more than 15 million total uh our main goal is to uh raise 5 million next year so our headquarter based in Abu Dhabi um more than 15 investors already believe in iarm our main uh focus is to fit the whole planet Come Grow With US thanks thank thank you Max and we are coming to the final pitch for this session producers Market producers Market is a producer member value chain ecosystem and a software layer connecting the data and stakeholders across value chains to bring new forms of transparency traceability and efficiency please welcome with me the chief development officer Max Cooper [Music] hello everyone thanks for having us here today Max from producers trust and we are redefining Supply chains with a trust Centric approach agriculture Supply chains are opaque leading to lack of trust between farmers all the way through to Consumers this leads to inefficient practices and uh lack of cost reduction producers trust is the transformative solution for these problems we integrate Partnerships and m&a to do a datadriven vertically integrated solution we drive ecosystem alignment with these Partnerships to guarantee transparency trust and integrity in Supply chains we all know that there's many climate challenges facing our world as well as uh as well as inefficiencies within our supply chains and insecurities across agriculture the market for this is huge there's 500 plus million farmers in our addressable Market $1 trillion dollar in annual transactions and and the potential for 10 billion do in data SAS licensing to corpor operations we have 5,000 producer organizations in our Network representing 4 million Farmers Partnerships with over 30 organizations including undp ex centure and others a strong pipeline of corporate deals for in-in supply chain transparency including 200 clients um in over 30 countries including car for Aldi and others we just we just acquired a leading European uh organic fair trade Pioneer that and we also manage a pipeline of other m&a targets for technology trading and AGR forestry uh we have a current ARR of $30 million and we'll of $60 million sorry and we reach aund million or on track to reach a $100 million in 2024 our team is full of our team is full of talented individuals from Blue Chip companies further strengthened by our group of advisers this group brings a blend of strength and sustainability in these projects we've raised $14 million to date and are on track to support Farmers globally in creating a brighter more resilient future for Global agriculture thank you
Automatic transcript — names and jargon may be misspelled.