By C. Perera, JadeTimes News
AI and Tech Start ups Lead New WEF Technology Pioneers
The World Economic Forum has unveiled its 2024 cohort of Technology Pioneers, comprising 100 leading tech start ups. These companies are harnessing recent AI breakthroughs to drive innovations in clean energy, healthcare, biotech, space, and neurotechnology. Over the next two years, they will contribute their expertise to WEF's global initiatives, aiming to scale their impact.
Head of Innovator Communities at WEF, Verena Kuhn, highlighted the transformative potential of these pioneers in tackling urgent global challenges. This year's cohort features start ups from 23 countries, with a third led by women CEOs. They were selected for their significant technological advancements and rapid growth, spanning areas like nuclear fusion, biotechnology, quantum computing, and AI.
Sectors and Notable Start ups
1. Space
Nine companies, including Amini, constellr, Pixxel, Space Forge, and SWISSto12, represent the burgeoning space industry, projected to grow to $1.8 trillion by 2035.
2. Neurotechnology
Start ups like BrainQ Technologies, Neurable, OpenBCI, and NextSense are leading advancements in neurotech, an industry that has seen over $8 billion in venture capital investment.
3. Clean Technology
Companies such as Amperehour Solar, Botree Cycling, Brimstone Energy, and Marvel Fusion are pioneering in carbon capture, regenerative agriculture, alternative proteins, and nuclear fusion.
The cohort will participate in various Forum meetings, starting with the Annual Meeting of the New Champions 2024 in Dalian, China, from June 25 and 27.
Highlighted Startups by Region
Africa
BasiGo,Kenya and Jetstream are innovating in electric buses and supply chain digitization, respectively.
Asean
Agriaku, Indonesia is enhancing agricultural market efficiency.
Europe
Companies like Algorithmiq,inland and Marvel Fusion Germany are leading in quantum computing and fusion energy.
Greater China
Botree Recycling and china are focusing on battery material recycling and generative AI.
Japan and North Asia
EdgeCortix is developing ultra low latency AI platforms.
Latin America
Bright Cities Brazil and PhageLab Chile are working on urban diagnostics and AI powered pathogen diagnosis.
Middle East and North Africa
Brainq Israel and Khazna Egypt are advancing neurotechnology and financial services for the underserved.
North America
Companies like Brimstone Energy USA and CATALOG Technologies USA are innovating in carbon negative cement and DNA based data storage.
South Asia
Amperehour Solar India and Cropin India are making strides in renewable energy and farm management solutions.
The full list of the 2024 Technology Pioneers is available on the WEF website. These innovators are poised to make substantial contributions to global technological advancement and sustainability efforts.