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 and Humanity

 
  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 8876 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 : Dubai Customs' Director discusses bilateral cooperation with Canadian Consul General
Next Story : Undersecretary of the Ministry of Health and Prevention and Canadian Ambassador to the UAE hold meet...
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
100% Vegan New… Body Yogurts 15 Seconds to Glowing Healthy-looking Skin Spoon It on
Therése Neaimé- Sold to perfection
Leaves of Joy
Marni Eyewear Collection, Exclusively Available at Grand Optics
Toyota Land Cruiser Prado Scoops Best SUV Car of the Year trophy
Linda Paradis brings non-invasive ink removal to Dubai
Raffle Draw Winner - “Win upto 10 Kilos of Gold for 100 Winners" campaign
Mubadala Petroleum Signed Andaman I PSC in Indonesia
Calvin Klein Eyewear
Social Media Star, Amanda Cerny Is the New Face of the Guess SS18 Activewear Co...
ba&sh The Modest Collection
Sandro's SS18 Top Picks - It all begins with color!
IKEA announces latest INDUSTRIELL and HJÄRTELIG Collections
Sony's PXW-Z280, World's first 4K 3-chip Camcorder with new 1/2-type Exmor R CMO...
Rado is raising the design bar with its new DiaMaster models
Martin Hoping for Amstel Gold as Irishman Leads Team to Ardennes Classics
Scuderia Ferrari Abetone Collection
HP's New High-Performance Workstations Push Creative and Technical Workflows to ...
Timeless Ties
Tommy Hilfiger's SS2018 men's and women's watch collection
Boss watches presents the Ocean Edition
Sophie's Café Introduces Ve-Gang Tuesdays for ladies starting from 17th April
The Chronofighter Grand Vintage by Graham is exactly as big as it appears in the...
Al-futtaim Names Its New Dubai Lifestyle Mall – ‘Festival Plaza'
Nikon D850 and D7500 presented with Red Dot Award: Product Design 2018
Japan's Masazo Nonaka Is Awarded Guinness World Records Title for Oldest Living ...
MG Motor and Al Yousuf Motors Open New Dubai Showroom
Skyline Mega Fitness Challenge Sparked Positivity and Happiness
Trend Alert from kate spade to help you pull off the cool girl look when you're ...
Accessories Collection 2018 Gentleman Attitude
Latifa bint Mohammed visits PCFC's stand at DIGAE, hails state-of-art initiatives
Etihad Airways Enhances Its Onboard Food Offering With the Addition of ‘Weqaya' ...
Global Village sets a new record after drawing smiles on faces of more than 6 mi...
Sony unleashes refined creativity with the new FS5 II
Get the best bargains at Dragon Mart's End of Season Clearance Market
Summertime Beauty Picks at Glambeaute.com
ICBA, Dubai Carbon team up for sustainability projects
COLAB - Dry Shampoo
Indie Film ‘Selfie' Premieres in Dubai
PCFC's stand at DIGAE sees heavy diplomatic footfall
ETIHAD AIRWAYS BOOSTS SERVICES TO MOROCCO
ORANGE & BERGAMOT Awaken the Cult Icon New Additions
Dubai Quality Group kicks off the 2-day Ideas Arabia 13th International Conferen...
Finnair to offer a hand baggage only ticket type on selected North Atlantic routes
GMIS Signs Memorandum of Understanding With Italian Pharmaceutical Leader Farmin...
International Property Show and Dubai Property Festival drive exclusive banks offers
Airbus and Zodiac Aerospace enter into a partnership for a new lower-deck passen...
HONEYWELL TO INSPIRE NEXT GENERATION OF PROGRAMMERS AND SCIENTISTS AT THINK SCIE...
His Excellency Eng. Basim Bin Yacob Alhamer opens 2nd edition of Procurement Mid...
Airbus launches new Cabin-Flex option for A380 with Qantas