Sunway Group accelerates Net Zero ambitions through partnership with Deeptech Labs

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* Partnership will commercialise and accelerate growth of net zero technologies * Cambridge-based accelerator will facilitate entry of SEA startups into UK market Sunway Group, one of Southeast Asia’s leading conglomerates, today announced a strategic partnership with Deeptech Labs, a venture capital fund and deeptech specific accelerator based in Cambridge (UK), through its innovation arm, Sunway iLabs.

* Partnership will commercialise and accelerate growth of net zero technologiesSunway Group, one of Southeast Asia’s leading conglomerates, today announced a strategic partnership with Deeptech Labs, a venture capital fund and deeptech specific accelerator based in Cambridge , through its innovation arm, Sunway iLabs.

“As a deeptech-specific accelerator, we’re focused on drawing in specific sector experts, investors and founders which are arguably solving some of the world’s greatest challenges. This partnership between our organisations will be instrumental in commercialising and accelerating the growth of net zero technologies. Together, we will open new avenues for UK startups to tap into Southeast Asia, while facilitating the entry of Southeast Asian startups into the UK market.

A recent collaboration between Sunway iLabs and the Department of Business and Trade, in conjunction with the UK-MY Digital Innovation Programme Demo Day, resulted in fruitful talks and collaborations during and after the event held in March 2023. The primary focus of these discussions was to bring deep tech and net zero solutions into Malaysia, further strengthening the country's innovation landscape.

Sunway iLabs’ Net Zero Lab specifically targets renewable and efficient energy, food security, sustainable cities, and the circular economy. Participating startups will have exclusive opportunities to test and validate their solutions and products within Sunway's thriving ecosystem. Additionally, they will gain access to a network of mentors, workshops, investors and industry experts on a global scale, leveraging Sunway's extensive resources.

 

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