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Hexagon’s R-Ventures Aims to Boost Green Start-Ups

In the face of today’s climate crisis, it is clear that a shift towards more sustainable businesses will help to preserve the future of our planet. From Clean Energy to Green Steel to Clean Tech, there’s no shortage of opportunities to create a new way of doing global business.

Thankfully, larger companies are investing in start-ups in the sustainability business sector, which will potentially pave the way for a stronger green economy and a healthier planet for future generations.

Hexagon AB is a company that is doing exactly this. With a global heritage around developing data-driven solutions for everything from public safety to geospatial to manufacturing intelligence to smart cities and beyond, the company recently announced the launch of its new venture arm for funding green businesses.

R-evolution, the company’s sustainable innovation and green-tech investment subsidiary, is leading this effort through seed funding or in-kind technology from Hexagon’s portfolio.

The new subsidiary is focused on investing in renewable energy and storage, green hydrogen, carbon capture, plastic waste management, desalination, plant-based food, ecological monitoring, sustainable agriculture and circular economy transitions.

For example, Material Mapper, a Norwegian-based company, marked the program’s inaugural investment – targeting the transition to a circular economy in the buildings sector. Material Mapper digitalizes construction sites for reusable materials – ultimately connecting decommissioning projects to new construction to increase building material reusability.

With more global investment going into green businesses, venture capital firms and other incubators should consider encouraging the companies they invest in to use the .Earth domain.

Since its launch in November 2015, the .Earth domain has focused on creating a unique place that unites like minds, and allows them to promote their businesses for the overall betterment of life for all.

To learn more about the .Earth domain, visit Voices.Earth. In addition, many organizations and individuals are sharing their voices about the benefits of a .Earth domain in our Voices.Earth podcast series.

 

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