Jan 10, 2022 | Business
Rubix (a web-scale Layer 1 blockchain building Web3 applications), Grounded (a leading marketing firm helping global brands to achieve and communicate purpose and ESG goals), and FINAO (a digital technology company helping organizations drive digital adoption), have entered a strategic partnership to help leading global brands achieve ESG impact using the trustless provenance of public blockchains. Grounded has rich experience in helping top brands achieve ESG impact. FINAO has strong experience in working with leading global organizations in digital & social impact.
Recognizing the environmental, social, and business imperatives of sustainability, Rubix has focused on leveraging its public blockchain as a uniquely secure, scalable, and trusted tool for ESG reporting. Rubix’s blockchain will bring world-class efficiency and publicly verifiable accountability to its customers governance strategies through its own commitment to innovation, culture, trust, human capital, environmental impact, and social sustainability. These concepts are difficult to measure, and most of them are not captured by traditional accounting and managerial reporting frameworks. However, there is a pressing need to do so as shareholders, capital providers and other stakeholders increasingly focus on how companies create long-term value, especially focusing on the “sustainability as captured by ESG metrics.”
Provenance on public blockchains is becoming the best method for brands to establish their commitment to sustainability, and this has been Rubix’s express mission while building the Rubix protocol. Rubix is one of the greenest networks with energy consumption lower than existing computing networks. Brands & their supply chain partners can post their provenance data on Rubix chain without worrying about costs, security or privacy. Customers, investors & policy makers can now leverage the benefits of instant supply chain and social impact provenance on Rubix to achieve ESG goals.
About GROUNDED
Grounded is a multi-award-winning B-corp certified activation agency thriving at the intersection of brand experience, commercial innovation, and social impact. They work with global brands, retailers, startups and nonprofits to help them articulate their purpose, activate their brands and accelerate their impact at scale.
About FINAO
Led by former Microsoft execs, FINAO is an innovative consultant and developer of proprietary and custom software applications for social good, education, equity, and total wellness. FINAO works in partnership with global non-profits, corporations, and education organizations. Their sweet spot is creating system-oriented solutions for great user experience, high efficiency administrator ownership, informing data, accountability, and use-case scalability.
About RUBIX NETWORK SYSTEMS Ltd
Rubix Network is a Layer 1 blockchain protocol for peer-to-peer data transfer & transactions. Rubix is a Web scale protocol with Zero transaction fees, minimal infrastructure costs, high security and privacy. With 0.00000174 kWh per transaction, Rubix has one of the lowest energy consumptions among all computing networks. Rubix software can be freely downloaded on any PC or virtual machine. The Rubix community has more than 10,000 validators.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information on Product:
https://rubix.network
https://grounded.world
https://finaoeducation.com
Social Links:
Twitter: https://twitter.com/rubixchain
Telegram: https://t.me/rubixblockchain
LinkedIn: https://www.linkedin.com/company/rubixnet/
Media Contact
Company: Rubix Networking Solutions Pvt Ltd
Contact: KC Reddy, Founder & Chief Architect
Email: info@rubix.network
Website: https://rubix.net/
SOURCE: Rubix Networking Solutions Pvt Ltd
Topic: Press release summary
Dec 19, 2021 | Business
NEC Corporation (TSE: 6701) today announced the establishment of the “NEC Orchestrating Future Fund,” a corporate venture capital (CVC) fund aiming to drive the ecosystems required to create social value through collaboration with customers and partners, and to promote new external services, knowledge and technologies.
By the end of June 2022, the CVC fund plans to raise capital from corporate enterprises that share the same goals of the fund, and to reach a total investment of US$150 million.
NEC believes that the evolution of network technology and the transformation of digital services will drive the creation of new social value. The CVC fund will invest in both technology and services, and aim to maximize the investment by generating synergies. In addition, NEC will work to accelerate new business development activities by building ecosystems with corporate enterprises and portfolio startups.
The fund has six areas of focus – 5G/6G, Digital Government/Digital Finance, Smart City, DX, Healthcare and Life Sciences, and Carbon Neutral.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
Topic: Press release summary
Oct 4, 2021 | Business
Hitachi, Ltd. (TSE: 6501) today announced that it established a second fund for Hitachi Ventures (HV), the corporate venture capital (CVC) arm of Hitachi. The second fund will make strategic investments in innovative startups, particularly in the growth fields of environment and healthcare, which are part of Hitachi’s key business focus areas.
Hitachi established HV in 2019 and launched the first fund(1), which has been investing in innovative startups with digital technologies and new business models in Hitachi’s business sectors. To date, HV has initiated investments in 11 startups in the areas of industrial AI/IoT, data management / computing, digital healthcare, and life sciences. Through these investments, Hitachi is promoting innovation by leveraging its assets and capabilities to develop new markets and propose new solutions. In recognition of these activities, Stefan Gabriel, CEO of HV, was selected as the Top 25 in the GCV Powerlist 2021(2), which identifies outstanding CVC entrepreneurs.
With the aim of accelerating innovation in the environmental and healthcare fields, where Hitachi is focusing its efforts, Hitachi now established a second fund to strengthen its investment in startups that create environmental value by addressing climate change and promoting resource efficiency, as well as social value through healthcare, including medicine and pharmaceuticals. HV’s second fund begins with a size of $ 150 million. Leveraging HV’s global network, Hitachi willaccelerate growth by discovering startups that take on the challenge of advanced technologies and advanced business models, and by strengthening collaboration in both investment and co-creation.
HV is investing in open innovation to strengthen innovation capabilities towards continued growth. Hitachi will achieve growth through innovation by developing advanced technologies through research and development, and by collaborating and partneringwith startups.
Keiji Kojima, President and COO, Hitachi, Ltd., said: “Hitachi is originally a venture company that was born in the mine. Through the second fund, we will support and collaborate with startups which have innovative technologies predominantly for environmental and healthcare businesses. We will work together to develop technologies and create businesses to solve the social issues of 2050, and to develop markets globally. As a principal partner of COP26, we would like to work together towards the realization of a decarbonized society and become a Climate Change Innovator.
“Through open innovation with startups that share the same aspiration to contribute to society, we will create new values that leverage cutting-edge technologies, and further accelerate business growth in the areas of the environment, resilience, and security & safety, which are Hitachi’s key areas of focus, as well as the global expansion of our Social Innovation Business.”
(1) News Release dated April 26, 2019 titled “Hitachi Establishes the Corporate Venture Capital Fund to Support Startups as an Innovation Partner” https://www.hitachi.com/New/cnews/month/2019/04/190426c.html
In the above release, the name of the CVC fund was described as “Hitachi Ventures Fund”, but the official name is now “HV Fund”.
(2) Selected annually from more than 3,000 CVCs worldwide by Global Corporate Venturing, a data provider for the CVC industry.
https://globalcorporateventuring.com/gcv-powerlist-2021-25-stefan-gabriel/
Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Jun 5, 2021 | Business
Toyota is strengthening company-wide efforts to further accelerate CO2 reduction toward its goal of carbon neutrality. As a part of this effort, Toyota has established a global investment fund, the “Toyota Ventures Climate Fund”.
To achieve carbon neutrality, in addition to making our own efforts, we believe that we need to collaborate with like-minded partners. The Toyota Ventures Climate Fund will invest in promising early-stage companies around the world, that are eagerly working on solutions to drive innovation in carbon neutrality.
The Toyota Ventures Climate Fund will be managed by the team at Toyota AI Ventures, which announced today that its company name has been changed to Toyota Ventures (hereinafter referred to as “TV”). TV will serve as the fund manager (GP) on behalf of Toyota, with a total investment of 150 million U.S. dollars.
Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
