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AirTech

Aramex completes ‘successful’ drone and bot service test in Dubai

Aramex, a global logistics and transportation company, has announced that drone and roadside bot deliveries have been successfully tested in Dubai.

The trials are part of the company’s “Future Delivery Program,” which aims to improve last-mile logistics through the use of smart shipping solutions for faster, more sustainable, and cost-effective deliveries. The expansion of our Future Delivery Program in the UAE “enables Aramex to further contribute to UAE’s sustainability ambitions as we embark on our mission to transition our fleet to emission-free vehicles and achieve our climate pledge to reach Carbon neutrality by 2030. We are looking forward to the next chapter of the programme and expanding this service to reach more customers,” Aramex’s Chief Operating Officer – Express, Alaa Saoudi, stated.

by Team SNFYI

Ludhiana-based Astberg Ventilation Pvt Ltd is leading the charge against indoor air pollution, an often overlooked health hazard. Founded in 2021 by industry veterans Mr. Tervinder Pal Singh and Mr. Tejvinder Pal Singh, Astberg is transforming the Indian market with Mechanical Ventilation with Heat Recovery (MVHR) technology. The urgency is apparent: indoor air can be up to five times more polluted than outdoor air, a concerning statistic given that people spend about 90% of their time indoors. As modern buildings become increasingly airtight for energy efficiency, the need for advanced ventilation has never been more critical. “We’re not just selling products; we’re providing a breath of fresh air to India’s future,” says Mr. Tervinder Pal Singh. “Our MVHR technology is a game-changer in how we approach indoor air quality, offering a solution that’s both highly effective and energy-efficient.” Astberg’s MVHR systems excel in managing crucial air quality parameters such as PM2.5, CO2, and VOC levels without compromising energy efficiency. The company’s impact is already visible across high-profile projects, from the Canada Embassy to corporate giants like Godrej and Sertel Electronics. “Our vision extends beyond mere ventilation,” Mr. Tejvinder Pal Singh explains. “We’re laying the foundation for healthier, more productive indoor environments across India.” The founders’ commitment stems from their extensive HVAC industry experience. They recognised the gap in the Indian market for advanced ventilation solutions tailored to modern building requirements. Astberg calls on HVAC professionals, architects, and builders to integrate these advanced ventilation solutions into their projects. The emphasis is clear: indoor air quality must be a fundamental consideration in building design and operation. “We’re not just building a company; we’re catalysing a movement towards healthier indoor living,” Mr. Tervinder Pal Singh asserts. “Our goal is to make advanced ventilation as standard in Indian buildings as air conditioning is today.” With Astberg leading the HVAC industry, a healthier and more productive future for millions of professionals is within reach. The company’s vision of clean, fresh indoor air will become an integral part of India’s architectural landscape, promising a breath of fresh air for generations to come. Source Link

by Team SNFYI

The first Qualifier round of FutureTech World Cup, one of the new initiatives launched by Dubai AI & Web3 Festival & Trescon to recognise and support the most promising emerging tech start-ups from around the world, was hosted successfully by the Dubai AI Campus on July 10, 2024. Ten pre-qualified global startups pitched their groundbreaking ideas to a panel of five esteemed jury members with three startups – Momint, Nettle and Orbii – advancing to the grand finale set to be held during the Dubai AI & Web3 Festival on September 11 & 12, 2024. “The competition provides a platform for innovators to showcase ideas, gain exposure, connect with stakeholders, collaborate with peers, and access capital, while also driving advancements in AI, Web3, and global digital economies.”, said Naveen Bharadwaj, Group CEO, Trescon. The distinguished panel of jury for the first qualifier included: Serial Angel Investor & Chairman of Trescon, Mohammed Saleem said, “The FutureTech World Cup is designed to celebrate and elevate those who dare to believe they can transform the world of AI and Web3. Our goal is to support competent startups and founders from around the world with access to connections and investments that will help scale their businesses while ensuring they are solving real-world challenges”. All start-ups qualifying to the grand finale are offered fully sponsored Start-up Pods at the Dubai AI & Web3 Festival and the penultimate winner receives fully sponsored one-year Dubai AI Campus License, Trescon credits worth USD 10,000 to be used for future events, access to mentorship by the Jury members, and networking opportunities with the industry’s finest, in addition to the coveted title of ‘FutureTech World Cup Champion’, which will help elevate their start-up’s overall journey. The second qualifier round is expected to take place in August and the pre-qualification has already begun. Interested startups can apply for free on https://dubaiaiweb3festival.com/future-tech-world-cup/ About FutureTech World Cup The FutureTech World Cup marks a pioneering endeavour to reshape the world of AI & Web3. This event kicks off with a qualifier round, spotlighting start-ups from around the globe. Held in partnership with leading organisations, these competitions provide a launching pad for revolutionary AI and Web3 concepts. Standout start-ups advance to the grand finale hosted at the Dubai AI & Web3 Festival. Here, global investors, venture capitalists, angel investors, and the finest minds in AI and Web3 gather to witness start-ups pitch groundbreaking ideas and compete for multiple investment funds. More than just a competition, the FutureTech World Cup cultivates connections, propels innovation, and fuels the future of AI and Web3. Join us at the Dubai AI & Web3 Festival to inspire, challenge, and connect with the future of technology. Website: FutureTech World Cup

by Team SNFYI

Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle East and North Africa (MENA) region, marking a 28 per cent growth in ecosystem value in the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network, launched during London Tech Week. GSER, which uses the world’s most quality-controlled dataset on startup ecosystems, analyses data from more than 4.5m companies across more than 300 entrepreneurial innovation ecosystems. It provides compelling new insights and deep knowledge about startup trends around the world and ranks the Top 40 global ecosystems, emerging ecosystems, and an expanded regional ranking. Abu Dhabi startups As part of Startup Genome’s analysis of the UAE’s capital city, including the growing startup activity at Hub71, Abu Dhabi’s global technology ecosystem, GSER 2024 found that Abu Dhabi continues to be the fastest-growing emerging ecosystem in the MENA region. The ecosystem created $4.2bn in Ecosystem Value from July 1, 2021 to December 31, 2023, representing 28 per cent compound annual growth compared to July 1, 2019 to December 31, 2021 period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations. Abu Dhabi’s ranking jumped 15 spots compared to the previous year, landing in the 61-70 group and Total Early-Stage Funding between July 1, 2021 and December 31, 2023 is $284m and total VC Funding for 2019-2023 is $1.06bn. In addition, Abu Dhabi was ranked: Other ranks attained by the emirate include posting within the Top 10 MENA Ecosystem in Knowledge, which measures innovation through research and patent activity, within the Top 15 MENA Ecosystem in Bang for Buck, which measures the amount of runway tech startups acquire, on average, from a VC round, within the Top 15 MENA Ecosystem in Affordable Talent, which measures the ability to hire tech talent. It was also highlighted in the FinTech, AgTech and New Food, and ClimateTech sectors for their density of talent, support resources, and startup activity. Also spotlighted were the Golden Visa and Abu Dhabi’s strategic location, which were cited as reasons a startup should move to the ecosystem. Ahmad Ali Alwan, CEO of Hub71, said: “Abu Dhabi’s rise as a leading startup ecosystem in the region is a testament to the opportunities it offers entrepreneurs worldwide. “Its favorable environment creates the funding and commercial prospects and establishes the foundation for startups to scale. This is exemplified through Hub71 which has seen its startup community grow over the past five years as more startups identify Abu Dhabi as a launchpad for their global expansion. “As the Startup Genome report shows, Hub71 is fulfilling the vision of our leadership to maximize the potential of disruptive ventures that are transforming society with impact.” The report highlights Abu Dhabi’s key ecosystem players including Abu Dhabi Global Market (ADGM), Mubadala Investment Company, ADQ, the Abu Dhabi Investment Office (ADIO), startAD, and Abu Dhabi Department of Economic Development (ADDED), which are contributing to a favourable operating and regulatory environment and offering unique incentives, such as 100 per …