STOCKHOLM, Sept. 22, 2022 /PRNewswire/ — Hexagon AB, a worldwide chief in digital actuality options combining sensor, software program and autonomous applied sciences, right now introduced a brand new enterprise capital arm of R-evolution, the sustainable innovation and green-tech funding subsidiary of Hexagon.
Right this moment’s local weather emergencies demand pressing investments in revolutionary, planet-saving initiatives. It’s as much as all industries to decisively deal with the disaster whereas supporting financial progress and green-tech startups are a vital a part of the answer. The R-ventures programme goals to assist the green-tech startup ecosystem speed up its subsequent breakthroughs by seed funding or in-kind know-how from Hexagon’s portfolio.
Materials Mapper, a Norwegian-based firm, marked the programme’s inaugural funding, focusing on the transition to a round economic system within the buildings sector. Materials Mapper focuses on digitalising building websites for reusable supplies – finally connecting decommissioning initiatives to new building to extend constructing materials reusability.
Whereas R-evolution’s seek for promising funding alternatives is carefully aligned to its focus areas – renewable power and storage, inexperienced hydrogen, carbon seize, plastic waste administration, desalination, plant-based meals, ecological monitoring, sustainable agriculture and round economic system transitions — the corporate welcomes all entrepreneurs with disruptive improvements to show their constructive planet impression and speedy progress potential for consideration.
“Hexagon envisions 2050 to be ‘the 12 months of too late.’ We began R-evolution in early 2021 to assist trade transition to a sustainable international economic system quicker,” says Hexagon President and CEO Ola Rollén. “In simply over a 12 months, R-evolution has confirmed it is attainable to positively impression the surroundings whereas producing worthwhile enterprise progress. It is now calling on entrepreneurs to sort out local weather emergencies collectively. The direct investments in focused green-tech start-ups will additional ignite its means to encourage speedy change profitably whereas giving again to the planet.”
Issues for R-ventures financial investments or in-kind know-how require green-tech startups to be within the pre-IPO funding stage, with an recognized product and preliminary buyer base. Seed investments usually vary between 50k to 500k EUR. Moreover, R-evolution invitations companions, non-public traders, accelerators, governments, and universities to extend visibility and outreach to startups. For info, go to r-evolution.com/r-ventures.
For additional info, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, [email protected]
Kristin Christensen, Chief Advertising and marketing Officer, Hexagon AB, +1 404 554 0972, [email protected]
Erik Josefsson, CEO R-evolution, Hexagon AB, +46 70 857 64 70, [email protected]
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