Hexagon R-evolution Launches Enterprise Capital Arm to Increase Inexperienced-tech Startups, Hydrogen Included

Hexagon R-evolution launches enterprise capital arm to spice up green-tech startups, hydrogen included.

Hexagon AB, a worldwide chief in digital actuality options combining sensor, software program and autonomous applied sciences, 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 modern, planet-saving initiatives. It’s as much as all industries to decisively handle the disaster whereas supporting financial progress and green-tech startups are a crucial a part of the answer.

The R-ventures programme goals to assist the green-tech startup ecosystem speed up its subsequent breakthroughs via seed funding or in-kind expertise from Hexagon’s portfolio.

Materials Mapper, a Norwegian-based firm, marked the programme’s inaugural funding, concentrating on the transition to a round financial system within the buildings sector.

Materials Mapper focuses on digitalising development websites for reusable supplies – in the end connecting decommissioning initiatives to new development to extend constructing materials reusability.

Whereas R-evolution’s seek for promising funding alternatives is intently 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 financial system transitions — the corporate welcomes all entrepreneurs with disruptive improvements to reveal their constructive planet influence and fast progress potential for consideration.

Ola Rollén, Hexagon President and CEO stated:

Hexagon envisions 2050 to be ‘the yr of too late.’ We began R-evolution in early 2021 to assist trade transition to a sustainable world financial system sooner.

“In simply over a yr, R-evolution has confirmed it’s doable to positively influence the setting whereas producing worthwhile enterprise progress. It’s now calling on entrepreneurs to sort out local weather emergencies collectively. The direct investments in focused green-tech start-ups will additional ignite its potential to inspire fast change profitably whereas giving again to the planet.”

Issues for R-ventures financial investments or in-kind expertise require green-tech startups to be within the pre-IPO funding stage, with an recognized product and preliminary buyer base. Seed investments sometimes vary between 50k to 500k EUR.

Moreover, R-evolution invitations companions, non-public buyers, accelerators, governments, and universities to extend visibility and outreach to startups. For info, go to r-evolution.com/r-ventures.

READ the most recent information shaping the hydrogen market at Hydrogen Central

Hexagon’s R-evolution launches enterprise capital arm to spice up green-tech startups, STOCKHOLM, September 22, 2022