{"id":49391,"date":"2024-05-15T14:32:49","date_gmt":"2024-05-15T11:32:49","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=49391"},"modified":"2026-03-28T05:47:32","modified_gmt":"2026-03-28T02:47:32","slug":"eight-start-ups-selected-for-mega-green-accelerator-to-advance-innovative-climate-solutions","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/eight-start-ups-selected-for-mega-green-accelerator-to-advance-innovative-climate-solutions\/","title":{"rendered":"Eight start-ups selected for Mega Green Accelerator to advance innovative climate solutions"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><em>Start-ups from UAE, Saudi Arabia, Lebanon, Egypt, and Tunisia, have been selected to join the Mega Green Accelerator, a collaborative initiative between PepsiCo, SABIC, AstroLabs and partners<\/em><\/li>\n\n\n\n<li><em>The program will help innovators develop and scale sustainable solutions to address climate change<\/em><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, KSA \u2013 15 May 2024 \u2013&nbsp;<\/strong>Today, PepsiCo, SABIC, AstroLabs and partners announced details of the eight start-up companies in the Middle East and North Africa (MENA) region that have been selected to participate in the Mega Green Accelerator. The selected participants have all submitted an innovative solution focused on either advancing the circular economy, transitioning to clean energy, or mitigating climate change through technologies to improve water use and agricultural processes. Timed to coincide with this year\u2019s GPCA Plastics Conference, themed \u201cInnovating for Sustainable Growth\u201d, the selected start-ups also presented to industry leaders who are accelerating the development of a circular economy in the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Mega Green Accelerator will nurture the next generation of innovators as they develop solutions to address both regional and global sustainability challenges. For the next six months, the eight promising changemakers will receive funding, mentorship with industry experts, and&nbsp;market access to scale their innovative solutions.\u200b At the end of the program later this year, one winning company will be awarded $30,000 in funding to continue its expansion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A total of 363 submissions were received from sustainable start-ups in the region during the applications phase. The eight shortlisted companies that will proceed in the program are:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mr\u00fcna, UAE<\/strong>:\u00a0a consulting and distribution company\u00a0dedicated to developing\u00a0innovative urban solutions.<\/li>\n\n\n\n<li><strong>The Surpluss, UAE<\/strong>: a climate technology start-up that helps SMEs reduce their greenhouse gas emissions profitably through resource sharing via a digital sustainability exchange.<\/li>\n\n\n\n<li><strong>Mirai Solar,<\/strong><strong>\u00a0Saudi Arabia<\/strong>: a\u00a0solar\u00a0technology\u00a0start-up that<strong>\u00a0<\/strong>specializes in expanding solar energy use beyond conventional applications, improving the energy use efficiency of food production and smart buildings for a sustainable future.<\/li>\n\n\n\n<li><strong>AHYA TECHNOLOGIES, Saudi Arabia<\/strong>: a climate software and AI start-up building a unified platform for scaling climate action across the Middle East North Africa &amp; Pakistan.\u00a0<\/li>\n\n\n\n<li><strong>YY ReGen, Lebanon<\/strong>: provides innovative solutions through the promotion of renewable energy, sustainable water management, and regenerative farming.<\/li>\n\n\n\n<li><strong>Viridia Tech, Egypt<\/strong>: offers a platform for crop analytics at scale for industrial agricultural companies, leading to significant improvements in yield, unit economics and sustainability metrics.<\/li>\n\n\n\n<li><strong>P-VITA, Egypt<\/strong>: a biotechnology hub that specializes in producing natural raw materials for cosmetics, and food &amp; beverage industries using AI and IoT technologies to reduce carbon footprint through automated processes.<\/li>\n\n\n\n<li><strong>Kumulus, Tunisia<\/strong>: a water tech start-up that turns air into fresh drinking water through innovative AWG machines \u2013 aiming to make drinking water more accessible, sustainable, and economical for hotels and businesses across MENA and Southern European regions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith solutions spanning agriculture, water, and the energy sectors, this is an opportunity for us to accelerate the development of practical climate technologies crucial to address the MENA region\u2019s challenges and strengthen our position as a testbed for climate innovation globally. Start-ups can act as epicenters of innovation, and reshape, disrupt, and define our future. The Mega Green Accelerator provides the incentive to bolster this through cross-sector collaboration and nurture the region\u2019s next generation of entrepreneurs by providing the needed mentorship, funding, and market access,\u201d<strong>&nbsp;<\/strong>said<strong>&nbsp;Eugene Willemsen, CEO, Africa, Middle East, and South Asia, PepsiCo and CEO of International Beverages<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOver 300 fast-growing sustainability companies from all over the MENA region have applied to the program, showcasing a healthy influx of sustainable solutions and rapid growth in the sector. The selection of these eight companies underscores their readiness for scale, marking a pivotal time in the sector\u2019s development. The Mega Green Accelerator is setting the stage for a robust sustainability infrastructure, bridging the gap between these companies, and the resources necessary for them to thrive, scale, and translate their innovative solutions into regional impact. We\u2019re excited to witness the growth of these companies through the collaborative efforts between AstroLabs, PepsiCo, SABIC and the various strategic partners of the program,\u201d said&nbsp;<strong>Roland Daher, Chief Executive Officer of AstroLabs.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Strategic investment partners like Dubai Future District Fund, Venture Souq and Shurooq Partners will provide platforms for investment opportunities, mentorship in raising capital, and networking opportunities throughout the term of the Mega Green Accelerator. They have also contributed to establishing the selection criteria and participated in the shortlist process. Schneider Electric will support the Mega Green Accelerator as a prize partner alongside participating in the final selection of the winner. Applications were generated through the networks of ecosystem partners London Business School Entrepreneurship Club, Berytech, American University of Cairo Venture Lab, SOSV, Clyde&nbsp;&amp;&nbsp;Co, Intersect Hub, SEE Institute<strong>,&nbsp;<\/strong>the Sharjah Research Technology and Innovation Park and the Mohammed VI Foundation for Environmental Protection as well as the&nbsp;<a href=\"https:\/\/astrolabs.com\/themegagreenaccelerator\/\">program website<\/a>.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, KSA \u2013 15 May 2024 \u2013&nbsp;Today, PepsiCo, SABIC, AstroLabs and partners announced details of the eight start-up companies in the Middle East and North Africa (MENA) region that have been selected to participate in the Mega Green Accelerator. The selected participants have all submitted an innovative solution focused on either advancing the circular economy, [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":49392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":396,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[396],"tags":[],"class_list":["post-49391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-media","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mega Green Accelerator - Climate Start-ups Selected | | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"Mega Green Accelerator selects eight start-ups across MENA to advance innovative climate solutions, helping scale sustainable impact. 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