Singapore: Lignar Labs joins forces with TNB Ventures (TNB) to support startups in the areas specific to environment protection, pollution control and energy efficiency.
With a mission to make an impact to the lives of billions, this Call for Innovation with Lignar is the first in Asia to connect and support an ecosystem of the most promising next generation startup technologies with a focus on environmental technology/solutions in the areas of Augmented Reality/Virtual Reality, Internet of Things (IoT), Robotics, Big Data, Artificial Intelligence (AI) and finance related EnviroTech possibilities.
“The environment defines how well we live. The emerging frontier technologies can add ‘smartness’ to the environment to better respond to our needs, and has the potential to generate quantum leap improvement affecting billions.” said Michael Yap, Founder of TNB. “TNB’s partnership with Lignar will marshal the best of local and international corporations in this mission to jointly help these startups with domain expertise and propel them into ASEAN markets”
Besides support through facilities, infrastructure and technical perks, selected start-ups will work with Lignar labs, tapping into their access to market insights, expert resources and go-to-market networks. Lignar and TNB will co-fund and support selected technology startups.
Mr Tan Wee Kay, founder and CEO of Lignar Engineering Pte Ltd and the Lignar Group of Companies adds, “Lignar Group believes that TNB is a natural choice given their Asia focus and proven expertise in building awesome startups. This brings about the right synergies for both Lignar Labs, TNB and their partners to unearth new cleantech startups, towards investments and eventually successful monetisation.”
Applications are now open, with the Call for Innovation closing on 31 December 2016.