$1.3 million has been awarded to Israeli climate tech startups as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivises climate innovation to address the global climate crisis.
The startup track was led by Startup Nation Central with the Climate Solutions Prize Organisation. Its prizes include the premier flagship Equity Investment of $1M from Capital Nature as well as a roadshow to Singapore from Temasek Foundation, an investment and incubation process with ESIL, and engagements with corporate business units from Continental, E.ON, Italgas and Takeda to Israeli early-stage startups developing innovative climate tech technologies.
In addition, Amazon Web Services and Deloitte offered market access and professional support to the startups in this initiative.
With the objective of channelling Israel’s ingenuity to tackle one of the biggest challenges of our times, the Climate Solutions Prize is the largest incentive prize in Israel’s history. It aims to be a catalyst for climate tech innovation in both breakthrough research and the startup ecosystem. It is vital that we mobilize and inspire the best efforts and best minds so that we can proudly leave a better world for future generations to come, said Jeff Hart, Executive Chair of the Climate Solutions Prize.