#Recycling / Circular Economy

2024-09-19

25 disruptive technology startups join Morgan Stanley inclusive Ventures Lab’s 10th Cohort

Morgan Stanley today announced the 2024 global cohort of the Inclusive Ventures Lab, with 25 companies selected from the Americas and Europe, the Middle East and Africa (EMEA). Over the next five months, the companies will participate in an in-house accelerator program designed to further develop and scale technology and technology-enabled startups in the seed to Series A funding round stage.

Chosen from thousands of applications, the 25 startups represent a range of disruptive technologies across industries such as Climate Tech, Retail, Healthcare, FinTech, SaaS, Enterprise Software, Consumer and Travel – with many incorporating AI and sustainability into their products and services. Cohort companies will receive a $250,000 investment (£250,000 in EMEA) from Morgan Stanley, as well as a variety of mentorship opportunities, a tailored entrepreneurship curriculum and business-growth resources from the firm’s ecosystem of internal and external partners.

“In today’s challenging venture capital environment, we are proud to welcome our largest cohort of groundbreaking startups to the Inclusive Ventures Lab and are eager to support them as they scale their innovations and work to build a better world,” said Selma Bueno, Global Head of the Morgan Stanley Inclusive Ventures Group. “Each year since the Inclusive Ventures Lab’s launch in 2017, we have expanded our efforts to ensure that more entrepreneurs around the world can succeed – and this year is no different.”

The companies selected to participate in the 2024 cohort include a startup company from textile business: Sortile provides the textile industry with a system that enables the identification, traceability and recycling of textiles (US). Sortile claims that their device identifies the material composition of textiles, thus speeding up the sorting process. The desktop device uses near-infrared technology and AI and can be easily integrated into facilities.

Programming will culminate in February 2025 with a global Demo Day, when participating companies will present to potential investors, business partners and customers. The investment firms in attendance at the last showcase represented over $40 billion of dry powder and indicated a high level of interest following the event.

matterr at K – Where innovation meets industry

At this year’s K trade fair, matterr took the stage to showcase its technology and demonstrate how it drives circular polyester at an industrial scale. Insightful conversations, strong new connections, and great energy — all together reminds how powerful it is when innovation meets industry. The momentum from Düsseldorf shows: circular transformation is no longer a vision — it’s happening.

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DORNIER celebrates its anniversary at ITMA Asia + CITME

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BCI warns against ‘dangerous dilution’ of EU corporate directives

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Pioneering open-source framework shows how early innovation drives a just and net-zero fashion future

The non-profit H&M Foundation, in collaboration with Accenture, has unveiled From Signals to Systems Change, an insight report calling on the fashion industry to rethink its role in transformation. At its core is the Reimagined System Map, a pioneering open-source framework that visualises how early-stage innovation could drive a just and net-zero textile future.