Two Australian startups are amongst 10 firms to make the reduce for world meals and beverage large PepsiCo’s annual Asia-Pacific greenhouse accelerator.
This system, now in its third 12 months, is designed to bolster firms in sustainable agriculture, the round economic system, and local weather, tackling points round meals, power and waste. They’ve scored a A$31,542 grant as a finalist, with the profitable startup touchdown an extra $157,000.
Alongside 5 Chinese language startups, and one every from Indonesia, Singapore and South Korea, the Australians are Sydney-based Calyx.eco, which creates data-driven insights into the environmental impacts of the provision chain for meals and beverage firms, and Essential Sequence-backed Endua, from Brisbane, which has developed a modular hydrogen energy financial institution that shops massive quantities of renewable power for longer durations of time.
PepsiCo obtained 45 purposes from Australian and New Zealand startups this 12 months.
The finalists obtain mentorship, entry to PepsiCo’s networks, and the chance to pilot their options in real-world market situations and discover sensible pathways to scale throughout the meals and beverage worth chain.
Calyx.eco’s AI-powered platform delivers real-time, ingredient-level influence insights to drive local weather motion and provide chain transparency.
CEO Lauren Branson mentioned the $31.5k grant will assist them scale up their efforts to make meals and beverage companies extra sustainable.
We’re thrilled to be a finalist—it’s a robust validation of the work we’re doing to remodel meals programs via sustainability intelligence. What excites us most is the chance to collaborate with PepsiCo and its companions to sort out one of many meals business’s most pressing challenges: tips on how to construct resilient, sustainable provide chains at scale,” she mentioned.
“The Greenhouse Accelerator is a uncommon platform that brings innovation and influence collectively and it offers us the possibility to speed up our regional enlargement, pilot our know-how with actual suppliers, and present how high-definition influence information can unlock measurable enhancements throughout enterprise aims. We’re right here to maneuver quick, go deep, and create actual change—alongside one of the crucial bold meals firms on this planet.”
Endua CEO Paul Sernia mentioned they’re trying to determine a pilot throughout the PepsiCo provide chain.
“Hydrogen is a flexible service of fresh power and we’re trying ahead to understanding the Pepsi enterprise higher, and seeing the place hydrogen can add worth as a zero-emission different to fossil fuels,” he mentioned.
Extra on PepsiCo’s Greenhouse Accelerator, at greenhouseaccelerator.com.
The PepsiCo greenhouse accelerator finalists founders
