Late last month, the World Economic Forum (WEF) announced selection of 100 most promising Technology Pioneers 2023, companies making progress in sustainability, advanced manufacturing and inclusive healthcare.
The Technology Pioneers by WEF are a global community representing 31 countries, wherein WEF Technology Pioneers community encourages its start-up members to engage in the WEF's Centres to help scale the impact of initiatives and positively shape the world's shared future.
This year, Pakistan and Malaysia represented for the first time. Both have one startup each, selected for tech pioneers community.
This year’s Technology Pioneer cohort includes start-ups from 31 economies, with 30% led by a woman chief executive. The US has the highest representation, with 29 companies, followed by China with 12 and India has 3.
Indian startups selected are —
Giftolexia Solutions
Health Tech | DeepTech
Developing a deep technology enabled screening tool to identify the risk of dyslexia in schoolchildren by analysing gaze pattern.Incubated at NSRCEL, IIM Bangalore, Giftolexia Solutions helps children with dyslexia and other learning challenges realize their true potential through early identification, the right remediation and a focus on their compensating strengths. Its machine learning-based screening solution identifies the risk in children. It is an easier, faster – just five minutes per child – and more accurate method of screening at an early age.
Founded in 2017, by Ajit George Paul, the Bengaluru based startup has developed the first technology-enabled screening tool for Dyslexia in India. Giftolexia claims that it is the best screening tool for class-wide screening. It reduces screening time to 5 minutes per child and screening age is reduced to 8 years from the current average of 11 years in India.
Next Big Innovation Labs
DeepTech | Biotech | 3D Bio-Printing
Developing customizable 3D bioprinter to bridge the gap between organ demand and availability via 3D bioengineered organs.Bengaluru-based Next Big Innovation Labs is a Deep Tech Bioprinting Company focussed on developing breakthrough products and services utilising its in-built patented Bioprinting Technology.
Founded in 2016, by Alok Medikepura Anil, Piyush Padmanabhan, Pooja Venkatesh and Ratandeep Singh Bansal, Next Big Innovation Labs is a research driven startup that aims to solve the organ availability crisis plaguing the entire globe using 3D Bio printing. It build intricate and customised bioprinters for research and in addition develops tissues for research, product development and clinical applications. Working collaboratively with companies and research institutes across the world. The startup's ambitious goal is to "one day make organ transplant waitlists a thing of the past."
Xacmaz Technology {Blue Sky Analytics}
Climate Tech | Environment Intelligence
Developing a platform that converts satellite data into climate intelligence for climate risk, ESG investing and carbon markets.Xacmaz Technology Pvt. Ltd is parent company that operates climate-tech startup Blue Sky Analytics that leverages satellite data and artificial intelligence (AI) to deliver climate and environmental data intelligence for carbon markets, asset monitoring and climate risk analytics.
While the Xacmaz Technology is based in New Delhi, Blue Sky is headquartered in the Netherlands. The climate tech startup has raised a total of $1.5 million in funding over three rounds from investors including Beenext, IFC, Stellaris Venture Partners and Stanford Angels & Entrepreneurs.
The above selected startups will join a group of alumni including Airbnb, Google, Kickstarter, Mozilla, Spotify, TransferWise, Twitter and Wikimedia. The 2023 cohort will be invited to join World Economic Forum events and discussions throughout the year, bringing together leading stakeholders from the public and private sector.
Launched in 2000, the Technology Pioneers community is composed of early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
Advertisements