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Business

Time: 2024-05-25

Green Investments and Future Trends: May 24, 2024

Green Investments and Future Trends: May 24, 2024
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Artificial intelligence and clean mobility are at the forefront of investment trends this week. Niqo Robotics in India secured $13 million for its AI-powered farming tech, while Spoor in Norway received $4 million for bird flight monitoring using AI. ElectriFI invested $1.6 million in Gogo Electric for electric motorcycle taxis in Uganda. ULEMCo in the UK raised 5 million for clean hydrogen use in commercial vehicles. Enduring Planet, PeakBridge Growth Fund, RGreen Invest, and Starshot Capital all received significant funding for climate-friendly projects. Bedrock Materials, Cyclib, and Ore Energy secured millions for green battery and energy storage solutions. Asian Infrastructure Investment Bank, KETOS, and Spring Lane Capital also made impactful investments in green infrastructure and data services. Furthermore, impact acquisitions, biotech advancements, and inclusive economy initiatives are shaping the future of sustainable investments. With predictions pointing towards a rising demand for eco-friendly technologies, the landscape of green investments is set to expand even further by 2024.

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