๐๐ซ๐๐๐ง ๐๐๐๐ญ ๐๐ฌ๐ฅ๐๐ง๐๐ฌ ๐.๐: ๐๐๐๐ค๐ฅ๐ข๐ง๐ ๐๐ซ๐๐๐ง ๐๐๐๐ญ ๐๐ฌ๐ฅ๐๐ง๐๐ฌ๐ ๐๐ซ๐๐๐ง ๐๐๐๐ญ ๐๐ฌ๐ฅ๐๐ง๐๐ฌ (๐๐๐๐ฌ) pose significant challenges, but community involvement, grassroots movements, government policy initiatives, and corporate involvement offer effective solutions. Here's how: 1. ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ฏ๐จ๐ฅ๐ฏ๐๐ฆ๐๐ง๐ญ: ๐๐ก๐ ๐๐จ๐ฐ๐๐ซ ๐จ๐ ๐๐จ๐๐๐ฅ ๐๐๐ญ๐ข๐จ๐ง ๐ณ - Tree-planting drives and community gardens lower temperatures and improve air quality. The tree-planting drive in Bangalore involved residents planting over 10,000 trees, reducing local temperatures. - The โ๐๐ซ๐๐๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ข๐ ๐ก๐๐จ๐ซ๐ก๐จ๐จ๐โ Initiative in Bangalore involved residents planting over ๐๐,๐๐๐ ๐ญ๐ซ๐๐๐ฌ, reducing local temperatures. - The ๐๐๐ฅ๐ก๐ข ๐๐ซ๐๐๐ง ๐๐ซ๐๐๐ง๐ข๐ง๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ transformed abandoned lots into shaded, cool areas. 2. ๐๐ซ๐๐ฌ๐ฌ๐ซ๐จ๐จ๐ญ๐ฌ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ๐ฌ: ๐๐๐ญ๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐๐จ๐ซ ๐๐ก๐๐ง๐ ๐ ๐ฟ Grassroots efforts empower local leaders and leverage community resources to address UHI. Real-life examples: - Hyderabadโs ๐๐จ๐จ๐ฅ ๐๐จ๐จ๐๐ฌ ๐๐ซ๐จ๐ฃ๐๐๐ญ and Mumbaiโs ๐๐๐จ๐ฉ๐ญ ๐ ๐๐๐ซ๐ค rejuvenated urban spaces and reduced heat. 3. ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐จ๐ฅ๐ข๐๐ฒ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ: ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฒ ๐๏ธ ๐๐ก๐๐ง๐ ๐ ๐๐๐ค๐ข๐ง๐ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ: - Chennaiโs ๐๐ซ๐๐๐ง ๐ ๐จ๐ซ๐๐ฌ๐ญ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐: Using the Miyawaki method, planted over ๐๐ ๐ฎ๐ซ๐๐๐ง ๐๐จ๐ซ๐๐ฌ๐ญ๐ฌ, cooling local areas and increasing green cover. - ๐๐ก๐ฆ๐๐๐๐๐๐ ๐๐๐๐ญ ๐๐๐ญ๐ข๐จ๐ง ๐๐ฅ๐๐ง: Early warning systems, cool roofs, and public awareness campaigns reduce heat-related health risks. - ๐๐ซ๐๐๐ง ๐๐ฅ๐๐ง๐ง๐ข๐ง๐ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ: Implementing green building codes and zoning laws mandating green spaces. At NOW Venture Studio, weโre dedicated to tackling climate change through innovation, investment, and collaboration. Through innovation, investment, and cross-sector collaboration, we're shaping a future that's sustainable, resilient, and flourishing for everyone. Climate enthusiasts, join our tribe to turn ideas into impactful solutions and pave the way for a greener future! Source: In the comments :) #LearnwithNOW #UrbanHeatIslands #CommunityAction #ClimateAction
NOW Venture Studio
Venture Capital and Private Equity Principals
NOW is a DeepTech & DeepScience Venture studio focused on Sustainability & ClimateTech
About us
Every year, the world emits 51 billion tons of greenhouse gases into the atmosphere. Lowering that number to zero by 2050 will be the most ambitious innovation effort in human history. We can't reverse global warming with only the technology we have today. We need new, clean technologies so that we can continue to do everything we do today without emitting more carbon into the atmosphere. This will require innovation across every major sector of the economy. NOW is a Deeptech & Deep-science Venture studio focused on Sustainability & ClimateTech. We are backed by RGA Infra, a leading player in the commercial real estate sector in India. We accelerate the journey of a founder from concept to commercialization. We achieve this through a unique de-risking methodology, hands-on entrepreneurial co-building, and milestone-based funding. Our Vision: Building category leaders in Sustainability & ClimateTech by leveraging DeepTech and DeepScience led innovations. Our Mission: Solving challenging climate problems to make a significant positive impact on the health of our planet. We are always on the lookout for exceptional innovators and entrepreneurs with disruptive ideas and deep domain or technical expertise.
- Website
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https://nowventurestudio.com/
External link for NOW Venture Studio
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Bengaluru
- Type
- Privately Held
- Specialties
- Venture Studio , Deep-Tech , Deep Science, Sustainability, Climate-Tech , Venture Capital, Startups, Built Environment , Energy , and Industrial Decarbonisation
Locations
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Primary
Bengaluru, IN
Employees at NOW Venture Studio
Updates
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๐จ๐ฟ๐ฏ๐ฎ๐ป ๐๐ฒ๐ฎ๐ ๐๐๐น๐ฎ๐ป๐ฑ๐ ๐ฎ.๐ฌ ๐ฟ๐ ๐ ๐ณ๐ฒ๐ ๐๐๐ฒ๐ฝ๐ ๐๐ต๐ฎ๐ ๐๐ฒ ๐ฐ๐ฎ๐ป ๐ฐ๐ผ๐น๐น๐ฒ๐ฐ๐๐ถ๐๐ฒ๐น๐ ๐๐ฎ๐ธ๐ฒ ๐๐ผ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐ฒ ๐๐ต๐ฒ ๐ถ๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ณ ๐๐ฟ๐ฏ๐ฎ๐ป ๐ต๐ฒ๐ฎ๐ ๐ถ๐๐น๐ฎ๐ป๐ฑ๐ ๐ฎ๐ฟ๐ฒ : ๐ก ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐๐ฒ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ ๐ก Innovative solutions, such as income support for those affected by extreme heat, can mitigate the impact on vulnerable populations. Climate insurance initiatives, such as parametric insurance, provide financial protection against heat wave-related losses. For instance, ICICI Lombard offers parametric insurance, paying out when temperatures exceed certain thresholds, benefitting over 46,000 women across 22 districts in India. Collaborative partnerships can help fund and implement these initiatives effectively. ๐ ๐๐ผ๐น๐น๐ฎ๐ฏ๐ผ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐๐ณ๐ณ๐ผ๐ฟ๐๐ ๐ Civil society organizations play a key role in scaling up heat resilience projects, ensuring they reach those most in need. Philanthropies can bridge gaps in financing, investing in long-term solutions for a cooler and safer future. ๐๏ธ ๐๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐๐ฐ๐๐ถ๐ผ๐ป ๐๏ธ Governments can reallocate budgets and establish heat financing mechanisms. Including heatwaves in disaster management plans could unlock significant funding for resilience efforts. At NOW Venture Studio, we're committed to tackling challenges related to climate change. Through innovation, investment, and cross-sector collaboration, we're shaping a future that's sustainable, resilient, and flourishing for everyone. Climate enthusiasts, join our tribe to turn ideas into impactful solutions and pave the way for a greener future! ๐ฟ๐ค Sources: - Regan, J. (2023). "Economic Impacts of Urban Heat Islands in India." Environmental Economics Journal. - Debnath, A., Singh, R., & Kumar, P. (2023). "Heat Stress and Labor Productivity in Urban India." International Journal of Occupational Health. - Pillai, S. (2022). "Urban Heat Islands and Public Health: Challenges and Solutions." Indian Journal of Public Health. - Atele, O., Chandra, S., & Verma, P. (2022). "The Long-Term Economic Consequences of Urban Heat Islands." Journal of Sustainable Cities. - PTI. (2023). "Heatwave Death Toll and Economic Losses in Delhi and Mumbai." Press Trust of India. #UrbanHeatIslands #EconomicImpact #ClimateChange #PublicHealth #ClimateAction #SustainableCities
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We are happy to share that our CEO, Gayathri Kuppendra Reddy, has been featured in YourStory! ๐ In this article, Gayathri discusses her remarkable journey into the climate entrepreneurship space and her unwavering commitment to sustainability. ๐ฟ Gayathriโs passion for sustainability extends beyond business. She lives by the mantra: โEvery small action counts.โ Whether itโs reducing her carbon footprint, advocating for renewable energy, or supporting local initiatives, she embodies her commitment to the planet in her everyday life. ๐ Read the full article here: https://lnkd.in/ggX9jsRW Gayathri Kuppendra Reddy | YourStory Media | IncubateHub | Partha Talukder | Pradeep V | Sagar Krishna | Narasimhan Santhanam | Rajiv Mukherjee | Uday Vipra | KReate Foundation | Sneha Suresh, PhD | Vijetha Shastry | Adityaraj Bhatt |Kartik K | Samriddhi S |
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Urban Heat Islands: What You Need to kNOW ๐๐ฅ Did you know? Buildings and roads in cities can absorb and retain up to 95% of the sunโs heat, contributing to Urban Heat Islands (UHIs). ๐๐ฑ UHIs occur when natural landscapes are replaced by concrete, asphalt, and buildings, which absorb and trap heat. What Causes This? - Urbanization: Over half of the world's population resides in urban areas, projected to rise to 70% by 2050, thereby escalating the issue of UHIs. - Human Activities: Industrial processes, transportation emissions, and energy consumption contribute to heat retention. - Climate Change: Rising global temperatures exacerbate urban heat effects. Why It Matters? - Health Impacts: Global temperatures are projected to rise by 1.4โ5.8ยฐC by the end of the 21st century, leading to more frequent and severe heat waves, droughts, increased precipitation, and wildfires. These higher temperatures increase the risk of heat-related illnesses, particularly impacting vulnerable urban populations. - Environmental Impact: Increased energy use for cooling intensifies greenhouse gas emissions and urban air pollution. - Higher Energy Consumption: Buildings and homes require more energy for air conditioning to combat elevated temperatures, increasing overall electricity usage and costs. Impacts in India: - Urban Health: Urban heat islands, caused by extensive concrete and asphalt, lead to localized temperature spikes in cities like Delhi. Recently, Delhi recorded its warmest night ever at 35.2ยฐC (95.36ยฐF), resulting in over 40,000 heat stroke cases during the heatwave. - Economic Costs: The economic impact of heat stress affects outdoor workers and various industries. Productivity losses occur due to extreme temperatures, impacting sectors such as construction, agriculture, and manufacturing. Combatting UHIs: - Green Spaces: Planting trees and creating green roofs enhance urban cooling and improve air quality. - Cool Materials: Using reflective roofing and permeable pavements reduces surface temperatures and energy consumption. - Urban Planning: Designing cities with parks, water bodies, and shaded areas promotes natural cooling and enhances livability. What We Work On ๐โจ The built environment plays a crucial role in our urban landscape, addressing urban heat islands and promoting sustainable practices. By incorporating green infrastructure, enhancing urban green spaces, and fostering community resilience, we can create cities that are both sustainable and resilient. At @NOW, we're committed to tackling challenges related to the built environment. Through innovation, investment, and cross-sector collaboration, we're shaping a future that's sustainable, resilient, and flourishing for everyone. Climate enthusiasts, join our community to turn ideas into impactful solutions and pave the way for a greener future! ๐ฟ๐ค Sources: In the comment section #LearnwithNOW #Decarbonisation #GreenBuilding #ClimateAction #RenewableEnergy
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Building a Sustainable Future, Brick by Brick ๐ Did you know that nearly 40% of the world's CO2 emissions stem from the construction and operation of buildings? The climate crisis is accelerating, and its impacts are becoming more severe each year. To combat this global threat, we must focus on one of the biggest contributors to global carbon emissions: the built environment.๐ข Why do buildings play a pivotal role? Buildings are essential to modern life, providing spaces where we live, work, learn, and play. However, they are also major sources of carbon emissions: Embodied Carbon: CO2 emissions from manufacturing building materials, transportation, and construction. Materials like steel and cement are highly carbon-intensive. Operational Carbon: CO2 emissions from energy consumption in buildings, including HVAC systems, lighting, and electronic devices throughout their lifespan. Given the longevity of buildings, sustainable design and construction practices can drastically reduce our overall carbon footprint. Why does this matter? 1. Mitigating Climate Change: Reducing the carbon footprint of buildings helps meet global climate goals and prevent environmental catastrophe. 2. Healthier Spaces: Decarbonization improves indoor air quality and reduces pollution, benefiting everyone's well-being. 3. Economic Upsides: Sustainable buildings lower utility costs, increase property values, and create jobs in green industries. 4. Resilience and Adaptation: Sustainable designs and retrofits ensure buildings withstand extreme weather, protecting communities and our future. How are we driving change? At NOW, we are committed to solving hard climate challenges. Decarbonizing buildings is a collective endeavor. We aim to innovate, invest, and collaborate across sectors to build a sustainable, resilient, and thriving future for all. โCalling all aspiring entrepreneurs and startup foundersโ to join our community to connect with like-minded individuals and turn your ideas into successful ventures. Together, we can pave the way for a greener future.๐ฑ๐ Source: World Economic Forum, International Energy Agency (IEA) - Global Status Report for Buildings and Construction 2019, Blueprint for Better - Architecture's Carbon Problem. #LearnwithNOW #Decarbonisation #GreenBuilding #ClimateAction #RenewableEnergy
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Pioneering Carbon Solutions: Why CCUS Matters More Than Ever Carbon capture, utilisation, and storage (CCUS) is a pivotal technology in the fight against climate change. It involves capturing carbon dioxide (CO2) emissions from industrial sources like power plants before they enter the atmosphere, then transporting and either utilising or storing the CO2 underground in rock formations. This process includes three main steps: 1. capturing the CO2 2. compressing and transporting it, and 3. securely storing it underground. Importance of CCUS: By preventing CO2 from contributing to global warming, CCUS plays a crucial role in reducing greenhouse gas emissions from industries that are difficult to decarbonize, supporting renewable energy reliability, and contributing to net-zero emission goals.๐While planting trees is a valuable method for carbon sequestration, it is not sufficient alone to meet the scale of the climate challenge. Deep-tech solutions like CCUS are essential because they can handle large volumes of CO2 and target emissions from heavy industries that cannot be easily mitigated by natural means. Technological advancements in CCUS offer more precise and efficient carbon management, ensuring that CO2 is permanently stored or utilised in ways that prevent re-release into the atmosphere. This level of control and capacity is something natural methods alone cannot achieve, underscoring the importance of investing in and developing advanced CCUS technologies.๐ฌ Technological vs Traditional Carbon Sequestration: The distinction between Technological Carbon Sequestration and traditional carbon capture lies in their approaches and applications. Technological Carbon Sequestration, such as CCUS, involves sophisticated engineering techniques to capture, utilize, and store CO2, often integrating with industrial processes. In contrast, traditional carbon capture focuses on direct removal of CO2 from the air, often using simpler methods like afforestation. Technological approaches are typically more scalable and reliable for addressing industrial emissions, making them a critical component in comprehensive climate action strategies. As we advance towards a sustainable future, embracing both technological and natural solutions will be key to effectively combating climate change.๐ฑ Our Mission at NOW: At NOW, we have seen interesting ideas under CCUS in hard to abate sectors and in building materials. Here we aim to inspire the next wave of sustainability leaders and climate-tech innovators who are focused on developing groundbreaking solutions to fight against climate change. Join our tribe for the latest updates on sustainability, deep-tech, and climate action. Together, we can pave the way for a greener future. Source: Carbon capture, utilisation and storage - energy system (IEA), Carbon capture (2023) Center for Climate and Energy Solutions ๐ #LearnwithNOW #DeepTech #StartupSuccess #Innovation
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๐โจ On June 5th, World Environment Day, we were thrilled to host a packed house for the third Climate Connect event at NOW Venture Studio, in collaboration with KReate Foundation. Our discussions centered on the theme #GenerationRestoration. Keynote speaker Sheeba Sen from @Hasten Regeneration and Alaap shared an impactful message: with an 80% survival rate, forests symbolize unity and the empowerment of society and stakeholders. ๐ณ๐ค Biodiversity is flourishing, and so is community spirit. Together, we must grow a greener future! She pitched the #regenerativeproject, calling for collaborations and urging us to pay it forward so future generations can experience a green and blue world. ๐ฟ๐ Big corporations need to step up and innovate. Our Corporate Venture Partners showcased this perfectly. Annie George from Decathlon Sports India highlighted the importance of innovation in #Climate, #Biodiversity, and #Oceans. Tejas Rao from Saint-Gobain shared insights on sustainable solutions, including eco-friendly materials, alternative energy, high-performance building materials, and climate-resilient innovations. ๐๐ข Our panel discussion on 'The role of financial institutions and investors in promoting sustainability' featured insights from experts on social impact, policy making and innovation Sunil Cavale of Speciale Invest, Gaurav Patil of Transition VC, and Vatsal Dusad of Avaana Capital, moderated by our founder Gayathri Kuppendra Reddy. ๐ฌ๐ก We concluded the evening with high tea, after our curated entrepreneurs presented solutions on climate resilience, carbon footprint measurement, and decarbonizing hard-to-abate sectors. ๐ต๐ At NOW Venture Studio, we're passionate about nurturing sustainable entrepreneurship and building collaborative ecosystems. Our small, invite-only discussions, workshops, and demonstrations focus on sustainability and climate technology. These sessions aren't just about gaining knowledge; they're about engaging the entrepreneurial community in meaningful conversations and empowering each other to create a positive impact on the world. ๐ฑ๐ผ | Partha Talukder | Sneha Suresh, PhD | Pradeep V | Rajiv Mukherjee | Avnish Sabharwal | Sagar Krishna | Adityaraj Bhatt | Samriddhi S | #WorldEnvironmentDay2024
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Join us on World Environment Day 2024 for an exclusive event curated for entrepreneurs to empower climate & sustainability startups. Dive into and gain invaluable insights from industry experts and network with VCs and fellow innovators. ๐ Date: 5th June 2024 ๐ Time: 4:00 PM - 7:00 PM ๐ Venue: HIVE, NOW Venture Studio, HSR, Bangalore ๐ Register Here: https://lu.ma/a546dp5b Session Highlights: 1. Corporate Presentation - The Green Paradox : Discover strategic pathways to achieve net zero emissions with insights from leading corporate sustainability experts. (Panel - Srinidhi Rao, Diageo | Tejas Rao, Saint Gobain | Annie George Decathlon) 2. VC Panel Discussion -Topic: The role of financial institutions and investors in promoting sustainability. (Panel - Gayathri, NOW Venture Studio | Sunil Cavale, Special Invest | Vatsal Dusad, Avaana Capital | Shantanu Chaturvedi, Transition VC) 3. Startup Pitch Session : Seize the opportunity to pitch your startup to VCs and corporates, opening doors to potential funding and partnerships. (Top 8 curated Climatetech startups) 4. Networking Why Attend? - Access to Capital: Explore funding opportunities through targeted discussions with VCs. - Corporate showcase: Showcase your solution to potential corporate partners seeking innovative sustainability solutions and gain valuable feedback and insights. - Networking: Connect with fellow founders and ecosystem enablers to accelerate your startup's journey. Donโt miss out on this chance to accelerate your startupโs journey towards sustainability. Limited slots available, subject to approval! Tejas Rao | SRINIDHI S. RAO | Deepan Prakash Devadoss | Sunil Cavale | Vatsal Dusad | Shantanu Chaturvedi | Gayathri Kuppendra Reddy | Partha Talukder | IncubateHub | Rajiv Mukherjee | Uday Vipra | Vijetha Shastry | Pradeep V | Sagar Krishna | Samriddhi S | . . . #WorldEnvironmentDay #SustainabilityStartups #ClimateTech #GreenInnovation #Entrepreneurship
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Did You Know? Human-induced global warming has caused a 1.1ยฐC temperature increase, resulting in profound #climateshifts. These include rising sea levels and intensified extreme weather events. Crucially, each additional 0.5ยฐC of warming exacerbates these effects, emphasizing the urgency of #ClimateAdaptation effortsโณ. Frontline of Climate Chaos: 3.6 billion humans inhabit this precarious edge. Their homes, heritage, and existence hang in the balance. Itโs not just about rising seas; itโs about diminishing green spaces, growing cities. Urgency pulses through our planet.๐ Climate Adaptation Defined: Itโs the adjustments in ecological, social, and economic systems in response to climatic stimuli. Vulnerable areas, low-income countries, and marginalized communities face the harshest impact. Taking Action: Protect Coastal Habitats: Mangroves shield against floods. Reforestation: Combat desertification, recharge groundwater. Climate-Resilient Infrastructure: Balance adaptation and mitigation. Community-Based Solutions: Engage local knowledge. ๐ฅ At NOW, we're a thriving community tackling climate issues, fostering startups, and creating an inclusive future. Join us in taking action and stay updated on the latest trends in sustainability, climate action, deep-tech, and deep science ๐ฑ๐ Sources: IUCN Red List UNEP Nature NOW Venture Studio #ClimateAction #Sustainability #TogetherWeCan