KOMUNIDAD provides early warning of extreme weather developments, including calamities, to more than 50 million people in the country. WasteX helps reduce carbon emissions while helping farmers generate more income streams by converting biomass waste into biochar. Rize also helps them produce more climate-resilient crops and increase their yields.
Helios aims to provide at least 10 million Filipino residential rooftops with solar power. Numat transforms bamboo into sustainable products.These five startups, based in the Philippines or another Southeast Asian country, have a few things in common. First, they are portfolio companies of Wavemaker Partners, Southeast Asia's early stage Venture Capital that, according to its website, 'invests in undervalued companies with innovative solutions to meaningful problems in the region.
Instead of concentrating on research and development solutions, Wavemaker focuses on commercially available technology where the usual main challenges of adoption and scale can be addressed by business model innovations.Scaling innovationHelios, for example, enables households to access clean energy by offering solar mortgages with no upfront costs and hidden fees.
Funds Startups That Solve Climate Challenges
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