Nordic Innovation House Singapore: Newsletter - July 2024

Nordic Innovation House Singapore: Newsletter - July 2024

Past Events

Conclusion of the Sustainability Open Innovation Challenge 2023

Organised by Enterprise Singapore, the Sustainability Open Innovation Challenge (SOIC) gathers industry partners and innovators to collaborate on groundbreaking solutions across sectors. The fifth edition of the SOIC (2023) focuses on sustainable solutions, with the demand-led category centred upon key themes of Climate Change, Green Buildings, Sustainable Agriculture & Trade, and Sustainable materials and the open category on novel, emerging climate technologies.?

Learn more about the winners and solution providers here.?


Features

Innovations in Circular Economy, Recycling and Waste Management

During Q1 of 2024, we organized a Nordic Talks Panel on “Challenging the Future of Recycling” as we deep-dived into areas relating to technology innovation in recycling, the scalability of recycling solutions and the collaborative approaches required. This was also an official side event to the World Circular Economy Forum WCEF, which presents the world’s leading circular economy solutions with business leaders, policymakers and experts participating from around the world.

To read more, please visit our Nordic Innovation House Website.


Insights

Water scarcity presents a growing challenge across continents. Globally, agriculture stands as the primary water consumer, utilizing 72% of freshwater resources.

SoilSense, a Danish firm, has pioneered a smart sensor system for digitally monitoring irrigation across diverse crops and soil types. This innovation aligns with UN Goals: Zero Hunger (2), Clean Water (6), and Responsible Consumption and Production (12). Feedback from SoilSense's Danish clientele indicates a 20-25% yield increase in potatoes due to optimized irrigation. Scientific research highlights that targeted watering, guided by sensor data, has the potential to curtail water consumption by 45-50% for fruits and vegetables (Food Nation).

Algiecel, a Danish company, has introduced a new plug-and-play photobioreactor technology. This innovation continuously captures CO2 emissions and utilizes LED light via photosynthesis to convert it into microalgae biomass.

This technology empowers facilities such as biogas and fermentation plants to utilize their on-site CO2 from industrial processes, transforming it into microalgae oil and biomass. These resultant products can be incorporated as a valuable ingredient in aquaculture feed, pet food, human dietary supplements, and skincare products in the cosmetics industry (Food Nation).

The constructed environment constitutes approximately 10% of the global GDP, playing a significant role in emissions, resource consumption, and land transformation across various sectors. It's a substantial contributor, accounting for over a third of the planet's final energy usage, nearly 40% of energy-related greenhouse gas emissions, and utilizing close to half of the world's raw materials.

As urban populations expand rapidly in emerging economies and demographic shifts occur in developed ones, there's a growing necessity to develop urban infrastructure extensively. To accommodate future spatial demands while curbing global warming, there's an urgent need to hasten the transition toward a built environment that is both net-zero emissions and circular, promoting health, inclusivity, and resilience (World Business Council for Sustainable Development).


Opportunities

SLINGSHOT 2024 - Deep tech startup pitching competition

Apply by 15 July, 2024 | Find out more

Due to popular demand, applications for Asia’s most exciting deep tech startup competition, #SLINGSHOT2024, is now extended till 15 July 2024!

Grab the chance to compete with top global startups, make the pitch of a lifetime to a global audience of industry leaders and investors, and compete for over S$1.2 million in attractive prizes!

Don’t miss this opportunity again! Apply now: https://go.gov.sg/slingshot2024-communitypartners

Singapore Week of Innovation and Technology | StartupSG?

#deeptech #innovation #pitching #competition

Nordic Innovation House is a connector accelerating high-quality Nordic tech startups, scaleups and growth companies in Singapore. We are the bridge between Nordic and Singapore ecosystem players, including government, corporate, SME, investors and accelerator hubs, to enable more collaborations.

In Singapore, we work with Business Sweden, Innovation Norway, Business Iceland, the Embassy of Finland in Singapore and the Embassy of Denmark in Singapore.

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