Close Menu
TheKhaleejPost
    What's Hot
    Business

    Sary, ShopUp join forces to create “SILQ” fuelled by $110 million investment

    Technology

    Panasonic AG-CX370 4K Camcorder enhances mobility for IP-based live productions

    Business

    Must-Have Apps for a Perfect Eid al-Adha Getaway in Dubai

    Important Pages:
    • Home
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    TheKhaleejPost
    • Home
    • Technology

      Terra Drone and Aramco Forge Strategic MOU to Advance Drone Innovation and Localization in Saudi Arabia

      Panasonic AG-CX370 4K Camcorder enhances mobility for IP-based live productions

      Ericsson announces changes to the Executive Team and to the Market Area structure

      CNTXT AI Launches TestAI: The GCC’s First AI Readiness Platform to ensure trustworthy and scalable AI Voice Agents

      A1RWATER and Umm Al Emarat Park Partner to Advance UAE’s Sustainability Goals with Innovative Air-to-Water Technology

    • Business

      SC Ventures partners with DIFC Innovation Hub to launch National Venture Studio

      NMDC Energy and Hilong announce an MoU to explore collaboration in UAE & KSA

      From Global Markets to Next-Gen Tech: SBC Summit 2025 Brings a Revamped Conference Programme to Lisbon

      ElGameya secures fresh capital to expand inclusive savings tools

      Kuwait’s Circle closes $6 million Series A, targeting regional expansion

    • Submit A Press Release
    TheKhaleejPost
    Home » Egypt’s Viridia Tech wins 2024 Mega Green Accelerator grand prize
    Business

    Egypt’s Viridia Tech wins 2024 Mega Green Accelerator grand prize

    Facebook Twitter Pinterest WhatsApp
    Share
    Facebook Twitter Pinterest WhatsApp

    Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, following an exciting industry Demo Day held in Riyadh where eight startups from across the Middle East and North Africa region showcased innovative solutions addressing food security, clean energy transitions, and the circular economy.

    The Mega Green Accelerator, launched in 2023 by PepsiCo, SABIC, AstroLabs, and eleven other strategic partners, received over 350 submissions. The eight selected startups participated in a six-month programme of trainings and workshops, mentorship from business leaders, and opportunities to network, scale their businesses, and gain access to investors.

    “PepsiCo has been a key partner in the region for 70 years, and we remain committed to supporting progress and empowering the next generation. Through MENA Innovates, we are focused on driving meaningful change by backing startups and advancing broader initiatives that promote innovation across the region. We look forward to seeing how the startups will contribute to a more sustainable future,” said Wael Ismail, Vice President of Corporate Affairs, PepsiCo AMESA (Africa, Middle East, and South Asia). 

    At the Demo Day, Egypt-based Viridia Tech was awarded the $100,000 grand prize for their artificial intelligence and data analytics platform, which provides real-time insights and recommendations to help farmers grow crops more efficiently and sustainably and forecast yields accurately. Saudi Arabia-based Mirai Solar, which produces an innovative solar-powered shade system, received the $30,000 second place prize.

    “The success of this year’s Mega Green Accelerator programme has created a blueprint for accelerating the growth of the sustainability sector in the region, particularly in the UAE and Saudi Arabia. Our collaboration with PepsiCo, SABIC and other strategic partners has unlocked unparalleled access to large-scale industry leaders for this cohort’s participants, plugging them directly into the sustainability value chain to unlock opportunities for rapidly scaling with the right support at the right time. We’re genuinely excited to see how Viridia Tech, as well as the other innovators in the programme, will step up to address critical sustainability gaps and play a key role in pushing the region towards a greener, more sustainable future,” said Roland Daher, Chief Executive Officer, AstroLabs.

    The Mega Green Accelerator is part of PepsiCo’s MENA Innovates programmes, which champion entrepreneurship, innovation, and sustainability through a series of events and initiatives that celebrate groundbreaking ideas and inspire future leaders.

    Share. Facebook Twitter Pinterest WhatsApp
    Previous ArticleCNTXT Partners with AI71 at GITEX Global 2024 to Enhance UAE’s AI Data Landscape
    Next Article ISSF commits $5 million to Rua Growth Fund

    Related Posts

    Business

    SC Ventures partners with DIFC Innovation Hub to launch National Venture Studio

    Business

    NMDC Energy and Hilong announce an MoU to explore collaboration in UAE & KSA

    Business

    From Global Markets to Next-Gen Tech: SBC Summit 2025 Brings a Revamped Conference Programme to Lisbon

    Business

    ElGameya secures fresh capital to expand inclusive savings tools

    Business

    Kuwait’s Circle closes $6 million Series A, targeting regional expansion

    Business

    SBC Summit Malta: Payments Innovation Track to Tackle Fraud, Crypto, Open Banking & More

    Business

    AUTONOMOUS A2Z Becomes First Korean Company to Obtain Singapore’s M1 Autonomous Vehicle License

    Business

    Wyld VC launches $50 million AI-native fund

    Add A Comment
    Leave A Reply Cancel Reply

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Culture

    Liu Shiming Art Foundation Partners with AUC to Foster Artistic and Cultural Initiatives

    At an official ceremony on February 26th at the American University in Cairo (AUC), the…

    Mohammed Bin Rashid Library launches the ‘A World Reads’ initiative to support and enrich libraries across the UAE

    A Well-Deserved Mother’s Day Indulgence at Bab Al Qasr Hotel

    GO Sport Expands to Palestine

    Bidgely Named a Top 10 Applied AI Company on Fast Company’s 2024 List of the World’s Most Innovative Companies

    Stay ahead with TheKhaleejPost, your premier destination for breaking news, analysis, and in-depth coverage across the Gulf region and beyond. Discover diverse viewpoints, stay informed, and delve into the stories shaping our communities and world.

    Facebook X (Twitter)
    Categories
    • Business (276)
      • Career (1)
      • Management (5)
      • Startup (10)
    • Culture (64)
    • Entertainment (29)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (63)
    • Politics (12)
    • Technology (56)
      • Phones (2)
      • Science (1)
    • Videos (10)
    Our Picks
    Business

    Pearson to debut Generative AI Study Tools to university students internationally

    Business

    IMAN Developers launches One Sky Park, featured by Versace Ceramics in JVC

    Business

    Amsa Hospitality and Luxury Hotelschool Paris Sign Strategic Partnership for Hospitality Training Academy in Saudi Arabia

    © 2025 TheKhaleejPost.
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.