GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal

 
  Share

11 January 2018, Abu Dhabi, UAE:  Krypto Labs has been named as the Strategic Partner for the Climate Innovation Exchange (CLIX) at the World Future Energy Summit 2018, organisers of the event announced today. As the strategic partner for CLIX, Krypto Labs will highlight its facilities and services available to innovators and start-ups, as well as forming part of the judging panel, between January 15 – 18.

With the UAE being home to 42% of the region's 3,000 start-ups, the partnership between Krypto Labs and CLIX will bolster the growing entrepreneurial and innovation landscape in Abu Dhabi and the UAE. Based in Masdar City, Abu Dhabi, Krypto Labs is a global incubator with a unique ecosystem for funding ground-breaking early stage start-ups. Krypto Labs provides innovators and entrepreneurs from around the world with a virtual program, investment platform and inspiring co-working spaces across 2,600 square metres, allowing them to develop revolutionary products and services across all industries. 

The inaugural edition of CLIX, which functions as a global marketplace for innovators and investors, received a total of 364 submissions from individuals and groups requiring funding to develop or roll-out clean tech products and climate change solutions. 

CLIX submissions concentrate on solutions in agriculture, clean mobility and air quality, with funding proposals received from around the world. One in five semi-finalists are based in the UAE and stand to receive incubation from Krypto Labs, which is also a potential investor.

Dr. Saleh Al Hashemi, Managing Director of Krypto Labs, said: “We are pleased to be a strategic partner of CLIX, as part of Abu Dhabi Sustainability Week. We look forward to integrating our expertise with CLIX's vision of creating a market-place connecting future innovators and investors to foster innovative climate change solutions through knowledge, innovation and funding.”

Dr. Al Hashemi added: “At Krypto Labs, we pride ourselves on being a global incubator with a unique ecosystem for funding and accelerating ground-breaking early-stage start-ups. We endeavour to become a pioneer in supporting sustainable clean energy start-ups.”

Ara Fernezian, Group Managing Director at Reed Exhibitions, organisers of CLIX, said: “Krypto Labs is a global incubator that is perfectly suited to be the Strategic Partner for CLIX, and represents the growing local interest in start-ups and entrepreneurial business models, as well as clean tech and climate change.

CLIX is a ground-breaking initiative for the region that will facilitate the development and distribution of game-changing technologies and products.”

Semi-finalists at CLIX will be pitching for potential investment sums ranging from $300,000 to more than $2.5 million, according to the specific criteria and categories.

Hosted by Ministry of Climate Change CLIX is held in collaboration with Masdar, the Ministry of Youth Affairs, Nawah Energy and the Department of Transport – Abu Dhabi.  CLIX is a World Future Energy Summit initiative that will be held during Abu Dhabi Sustainability Week between January 15 – 18 at the Abu Dhabi National Exhibition Centre. 



Posted by : GoDubai Editorial Team
Viewed 10065 times
Posted on : Thursday, January 11, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Second Cycle Awardees of UAE Research Program for Rain Enhancement Science Second Cycle Awardees set...
Next Story : Green Hope ushers in 2018 with a Mangrove Conservation Campaign
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Panasonic's latest LUMIX DMC-TZ220 is the Ultimate Travel Companion
Summer Spirit
Introducing the GUESS Jeans Fall 2018 Collection
Instantly Refreshed Hair with HASK
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Joyalukkas brings joy to hundreds around the world with summer gold bar giveaway
How to choose the right mascara
Cerruti 1881 MOLVENO timepiece and cufflinks
Kaya Skin Clinic's Expertise is pushing the Boundaries of Botox
Tissot Chrono XL NBA Team Collection Sporty Gets Smart
Hour Choice presents Coach Astor Collection
Transform your look with the ‘Perfect Brows'
Creating #futureclassic: Swatch Launches Skin Irony Collection
Joyalukkas adds a new destination for jewellery lovers in Al-Balad, Jeddah, KSA
Head to Modhesh World for Summer Fun Before the School Run
Delicious Whole Cakes at Sophie's Café from AED99
Carl F. Bucherer Presents Adamavi Collection
13 Emirati Authors Launched into the Portuguese Book Market
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
Favourite florals: Bloom with our top floral picks from bebe
Business Wear by Hugo Boss
Ferrari introduces the world's first low-bake paint technology
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic
Scuderia Ferrari presents ASPIRE collection
“The world is thirsty for an Arab superhero"
Carl F. Bucherer's Global Brand Ambassador Li Bingbing and Her Carl F. Bucherer ...
The Marriott International cyclist team completes 600km R2A cycle challenge
Joyalukkas opens newest showroom in Kuwait at Farwaniya
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3...
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
Nazih Introduces New Dr. Renaud Skincare Range
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
‘The Little Things' That Makes Summer All The More Enjoyable
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones
Let your kids enjoy some dancing at James & Alex Dance Studios
MEFMA reaffirms commitment to promote entrepreneurship & innovation across local...
The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Picking the Perfect Coffee Table with Home and Soul Dubai
Hilton Launches New Platform Dedicated to Offering Guests Bespoke, Unforgettable...
Danube Properties' Dh550 million Lawnz project at International City, sold out i...
VIP Golf Austin Offers Golf Packages For the Avid Tourist
Traditional Thali Indulgence at Antique Bazaar
Celebrate India's Independence Day with Sparkles of India
Dubai Judicial Institute collaborates with Union Coop to support the 7th Dubai J...
Advanced Treatment to Tackle Orthopaedic Issues in Adults Take Center Stage at C...
FREE DANCE WEEK is back at James & Alex Dance Studios
Dubai Tourism Publishes ‘12 Steps Towards Sustainability' Manual to Guide Hotels...
Fitness in DXB to Launch ‘the Pursuit of Happiness' Evening for Yoga and Inspiration