Latest news with #CarbonSifr
Zawya
09-07-2025
- Automotive
- Zawya
EDC launches UAE's first eco-friendly driving training program in partnership with CarbonSifr
Abu Dhabi, UAE – In a pioneering move towards sustainability and smarter mobility, Emirates Driving Company (EDC) has officially launched 'Green Drive', the UAE's first Eco-Friendly driving training initiative, in collaboration with Abu Dhabi-based climate-tech company CarbonSifr. At Emirates Driving Company, our strategy is firmly built around sustainability as a core pillar of our operations and services. We are committed to adopting best practices that support the UAE's environmental goals. Reflecting this commitment, EDC has proudly achieved a AAA sustainability rating, the highest rating awarded by leading international agencies for exceptional performance in Environmental, Social, and Governance (ESG) practices. In line with this achievement, we have launched pioneering initiatives that bring our sustainability vision to life. One of these is the 'Green Drive' initiative, a practical step towards promoting sustainable practices by offering the UAE's first carbon-neutral driving training experience. This reflects our vision to protect the environment and contribute to the nation's goal of achieving climate neutrality. The initiative marks a significant step in EDC's ongoing commitment to environmental responsibility, aligning with the nation's net-zero ambitions and broader sustainability agenda. Green Drive ensures that the carbon emissions generated during practical driving lessons are measured and fully removed through internationally certified carbon removal projects — at no additional cost to the student. 'As the leading provider of driver training in Abu Dhabi, we recognize our role in shaping not just safer roads, but a more sustainable future,' said Khaled Al Shemeili, CEO of Emirates Driving Company. 'Green Drive is more than an initiative — it's a statement that climate responsibility belongs in every part of life, including behind the wheel.' Under the program, CarbonSifr uses internationally recognized carbon accounting methodologies to calculate the carbon footprint of each student's practical training sessions, taking into account fuel type, vehicle usage, and driving distance. These emissions are then removed through investments in globally verified environmental projects ensuring permanent and transparent carbon removal. 'Green Drive brings together innovation, data, and climate action in a simple, accessible way,' said Onur Elgun, CEO of CarbonSifr. 'The program allows students to partake in the UAE's first Eco-Friendly Driving Experience.' Initially available to students enrolled in EDC's VIP car driving license packages, the program is seamlessly integrated into the learning journey, requiring no extra steps or changes to the curriculum. Upon completion of their training, students receive a Certificate of Appreciation, acknowledging their contribution to sustainable driving education. The Green Drive program is designed to work with any vehicle type — not just electric or hybrid — and offers a unique blend of climate accountability and world-class driver instruction. EDC has plans to expand the initiative across additional license types and training packages in the coming months. This partnership reinforces EDC's role as a forward-thinking leader in driver education, leveraging technology to elevate both safety and sustainability. It also supports Abu Dhabi's broader smart mobility vision by embedding environmental thinking into the earliest stages of road use and mobility engagement. About Emirates Driving Company (EDC) Established in 2000, Emirates Driving Company is Abu Dhabi's premier provider of pre-licensing driver education and a trusted government partner in traffic safety. EDC is actively integrating artificial intelligence, virtual training, and smart yard technologies into its operations to deliver next-generation driving education across the UAE. About CarbonSifr CarbonSifr is a UAE/Abu Dhabi-based climate-tech company, part of Mubadala's Hub71 in Abu Dhabi. Dedicated to integrating climate action into everyday life, they provide technology solutions to measure, reduce, and remove businesses' carbon footprint. Recognized for its efforts, CarbonSifr is pivotal in promoting climate awareness and accelerating climate action in the Middle East. CarbonSifr is TÜV Rheinland certified and a member of the UAE Carbon Alliance, Carbon Accounting Alliance. You can find out more about CarbonSifr at
Al Etihad
08-07-2025
- Business
- Al Etihad
AI-driven startup in Abu Dhabi helps businesses cut costs, carbon emissions
9 July 2025 01:05 MAYS IBRAHIM (ABU DHABI)CarbonSifr is proving that climate action doesn't have to come at the cost of AI-powered climate-tech startup, backed by Abu Dhabi's Hub71, has been helping businesses measure, reduce, and remove their carbon emissions – while unlocking cost savings and new revenue company's CEO and Co-Founder, Onur Elgun, recognised a growing appetite for sustainability in the GCC region, not just among companies, but their customers, was built to meet that demand, offering a simple solution to what is typically a data-heavy, time-consuming collection and emissions baselining – tasks that once required teams of consultants and months of work – can now be completed in hours, with a drag-and-drop only need to upload their data: procurement records, utility bills, and travel platform's AI engine analyses millions of data points, maps them to localised emissions factors, and identifies carbon hotspots, low-emission alternatives, and cost-saving opportunities.'We're talking about 40 million SKUs [stock keeping units] worth of procurement data for some clients,' Elgun said in an interview with Aletihad. 'No human team can clean, enrich and map that. This is where AI takes over.' Beyond Emissions ReportsUnlike platforms that focus on emissions reporting, which Elgun likens to 'taking a photo of a house on fire', CarbonSifr is built to drive business outcomes. Clients aren't just told what their carbon footprint is. They're shown how to reduce it and turn it into competitive advantage.'Reporting alone doesn't reduce emissions or increase revenues,' Elgun said. 'We go a step further by converting emissions data into business intelligence, whether that's cost reductions or new customer engagement opportunities.'The platform helped the ride-hailing giant Careem introduce an 'eco-friendly ride' option, calculate the emissions per trip, and offset them through local mangrove under a year, Careem completed half a million of these low-emission rides, engaging over 100,000 customers and unlocking a valuable new market segment.'These eco-products tap into a younger, climate-conscious demographic,' Elgun said. 'They boost customer acquisition, increase retention, and add a revenue stream.' Region-Specific by DesignCarbonSifr places great emphasis on data sovereignty and security, according to Elgun. Built on Meta's open-source LLaMA models and trained in-house, its AI can be deployed on private clouds or even on a client's premises.'This means their data never leaves their ecosystem. Businesses have full visibility and full data sovereignty over what they share with us,' Elgun key strength of CarbonSifr is its deep regional insight. While global platforms often miss regional nuances, CarbonSifr has developed a localised emissions factor database tailored specifically to the district cooling systems to variations in local utility fuel mixes, the platform incorporates real-world data from providers such as DEWA and ADDC to deliver highly contextualised analysis. Hub71: The LaunchpadElgun credits CarbonSifr's rapid growth to Abu Dhabi's tech ecosystem and startup accelerator Hub71, which provided crucial early momentum through mentorship, training, funding, and client introductions. When CarbonSifr joined, it didn't have a finished product yet. What it did have was a clear vision – and Hub71 bet on it.'They gave us access to training, funding support, and most importantly, introductions,' Elgun said. 'Doors that would normally take months to open were opened immediately.'The platform also gave the team visibility at regional events, while connecting them to a community of founders who shared their challenges and helped them solve its launch less than three years ago, CarbonSifr now supports more than 100 brands. To date, it has measured over Dh7 billion worth of purchases and removed over 1,500 tonnes of CO₂ through local nature-based solutions.'Right now, the smartest businesses are realising that climate action is good business,' Elgun argues that treating climate action purely as a CSR initiative limits its impact. However, when it's integrated with core business goals, like driving revenue, reducing costs, or engaging customers, it becomes far more effective and the playbook CarbonSifr is betting on as it expands into the GCC region from the UAE capital. Elgun added that the company plans on deepening its sectoral know-how across sectors that dominate the region's economy, including construction, oil and gas, mobility, tourism, and hospitality. Source: Aletihad - Abu Dhabi
Business Wire
19-06-2025
- Business
- Business Wire
500 Global and Sanabil Investments Announce Batch 9 of the Sanabil Accelerator by 500 Global
RIYADH, Saudi Arabia--(BUSINESS WIRE)--500 Global, a multi-stage venture capital firm, and Sanabil Investments, a financial investment company wholly owned by the Public Investment Fund (PIF), announce the ninth batch of the Sanabil Accelerator by 500 Global. This new cohort aims to foster innovation and drive growth across various sectors, including AI, Fintech, Edtech, Climate Tech, SaaS, and Proptech. Out of 850+ applications received, nine promising companies have been selected for their potential to drive innovation and address critical market needs. Demo Day will take place on Wednesday, July 2, 2025, at Sanabil Hub in Riyadh, with a curated group from the venture capitalist community in attendance. Building on the success of past batches and the acceleration of 98 startups, the program continues to evolve. This year's program included new elements designed to provide a more personalized and focused experience throughout the 12-week journey, helping startups leapfrog and scale. 'Since the inception of the accelerator program we have focused on investing and supporting founders that are aiming to disrupt the norms in the sectors and markets they operate in. As we progress in our batches, we see a better understanding from founders of the challenges regional and global markets face, as well as a deeper focus on developing the solutions they create to be more user-centered. We believe that this evolution of market expertise, paired with improved access to technical expertise and resources, has poised these founders with the unique potential to help build startups ready to scale. We are very honored to have every founder in this batch and can't wait to see them thrive and grow,' said Amal Dokhan, Managing Partner at 500 Global MENA. 'Our leadership within the venture capital community is reinforced as more entrepreneurs apply to Sanabil Accelerator by 500 Global than ever before, seeking support to develop their ideas and achieve success in Saudi Arabia and abroad. We are attracting and enabling the brightest minds and best technologies that are improving people's lives worldwide, fortifying the economy, and making the world a better place for all. We can't wait to show the region and the world this next wave of innovators, thinkers, and builders,' said a spokesperson at Sanabil Investments. The following is the list of Batch 9 companies that have made it through to the final round: CarbonSifr – AI sustainability platform enabling businesses to easily measure and reduce their emissions. Endl – A stablecoin powered cross border payment platform with instant settlement and minimal fees. Feesable Technologies – Gives SMEs upfront cash for unpaid invoices with same-day credit decisions. LIVSHO – A live-shopping marketplace where sellers auction products in real-time livestreams, turning viewers into instant buyers. Raff – Bridges the gap between sellers and retailers, offering a single platform that simplifies offline/online distribution and inventory management ReMatch – Enables real estate agents to share their buyers and listings with each other to turn lost deals into closed ones. Schedex – A workforce management tool that cuts labor costs for F&B businesses by up to 15%. TwentyToo – Enables retailers to anticipate market demand and optimize pricing strategies by analyzing real -time performance data across millions of SKUs. Vennre – A wealth creation platform that gives high-earners access to private market investments, previously reserved for institutional investors. With the ninth program group concluding in July, applications for the tenth cohort are open. Startups from across the MENA region are invited to join a growing community of ambitious founders shaping the future of innovation in the region. Apply here. About 500 Global 500 Global is a multi-stage venture capital firm with $2.3B in assets under management as of May 2025 that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. We work closely with key stakeholders and advise governments on how best to support entrepreneurial ecosystems so startups can thrive. 500 Global has backed over 5,000 founders representing more than 3,000+ companies operating in 80+ countries. We have invested in more than 35+ companies valued at over $1 billion and 160+ companies valued at over $100 million (including private, public, and excited companies). Our 160+ team members are located in 20 countries and bring experience as entrepreneurs, investors, and operators from some of the world's leading technology companies. About Sanabil Investments Sanabil is a financial investment company wholly owned by the Public Investment Fund (PIF). We commit more than USD 3 billion in capital annually into global private investments, including VC/growth and small buyout assets. We are a dynamic, nimble, and highly experienced team of investment professionals. We provide partners with patient capital, the ability to invest across multiple funding rounds, and access to the region. At Sanabil, we invest in great ideas, minds, and companies. For more information, please visit DEMO DAY IS AN INVITATION-ONLY EVENT AND THE INTENDED AUDIENCE FOR THIS EVENT IS LIMITED TO "ACCREDITED INVESTORS" AS DEFINED IN REGULATION D UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MEMBERS OF THE PRESS. ALL CONTENT PROVIDED IN THE EVENT IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT, LEGAL, TAX OR ACCOUNTING ADVICE BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES. NO CONTENT OR INFORMATION CONTAINED IN THE EVENT IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 GLOBAL. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED IN THIS DEMO DAY AND NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT HEREIN OR IN THE EVENT BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. INCLUSION AS A PRESENTING COMPANY IN DEMO DAY DOES NOT NECESSARILY CONFIRM INVESTMENT BY A 500 GLOBAL FUND IN SUCH COMPANY. 500 GLOBAL HAS NOT TAKEN ANY ACTIONS TO QUALIFY THE DISTRIBUTION OF THE EVENT UNDER THE SECURITIES LAWS OF ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONS OUTSIDE OF THE UNITED STATES WHO VIEW THE EVENT MUST OBSERVE ANY APPLICABLE LAWS AND RESTRICTIONS RELATING TO VIEWING THIS EVENT AND ANY RELATED ACTIVITIES OUTSIDE OF THE UNITED STATES.
Zawya
14-05-2025
- Business
- Zawya
Hub71 startup CarbonSifr showcases its multi-AI agent climate platform at Meta HQ
CarbonSifr emerged as the winner of Meta's Llama Challenge, organized in collaboration with Dubai Holding. It was selected as the only ClimateTech company to showcase at Meta's Global AI Innovation Summit in Menlo Park, USA. Abu Dhabi – In a landmark moment for UAE innovation, CarbonSifr, a Hub71 climate-tech startup based in Abu Dhabi, became the only Climate Tech startup globally invited by Meta to showcase its multi-agent climate action platform at its headquarters in the United States. At the heart of CarbonSifr's breakthrough is a proprietary emission measurement and reduction recommendation engine built using Meta's open-source AI - Llama. This enables businesses to achieve highly accurate, localized Scope 3 emissions measurement and actionable reduction recommendations across their supply chains; a long-standing blind spot in enterprise sustainability. Until now, the complexity of Scope 3 calculations, particularly in diverse regional contexts like the Middle East, has made them difficult for companies to act on. CarbonSifr has emerged as a global first mover in solving this challenge by combining AI with regional emissions modeling and supply chain-focused reduction recommendations. This capability was instrumental in securing a deeper engagement with Dubai Holding, one of the region's most diversified global investment companies. As part of Hub71's growing community, CarbonSifr has benefited from a founder-focused ecosystem that provides access to capital, regulatory support, and a powerful network of corporate and government partners, enabling its growth and visibility on the global stage. Hashem Al Kaabi, Head of Operations and Corporate Services, Hub71, commented: 'Creating the right foundation for startups to thrive means ensuring they have access to the right resources, infrastructure, and partnerships needed to scale. CarbonSifr's journey from Abu Dhabi to Silicon Valley is a powerful example of how this environment enables global ambition and real-world impact from the heart of the UAE capital." 'We built CarbonSifr with the belief that climate action at scale is only possible when it is married with core business objectives such as cost reduction, energy efficiency, access to green financing, and increased resource utilization,' said Onur Elgun, Co-Founder and CEO of CarbonSifr. 'Being invited by Meta to Menlo Park was an inspiration and an honor, but more importantly, it validated that climate solutions from Hub71 can solve global problems. Our engagement with Dubai Holding reflects how data can turn ambition into action.' Johanna Salem, Associate Director ‑ Sustainability at Dubai Holding, added: 'Dubai Holding is committed to achieving Net Zero by 2050, in line with the UAE strategic initiative, and the Group is a signatory of the MOCCAE Climate-Responsible Companies Pledge. CarbonSifr's technology provided us with the capability to measure our Scope 3 emissions, marking a significant step toward value-chain decarbonization. Leveraging this information allows us to implement targeted measures to reduce emissions at every level' CarbonSifr is TÜV Rheinland certified. Its platform enables organizations to measure, reduce, and remove emissions across Scopes 1, 2, and 3, with a particular focus on Scope 3, the most difficult and opaque category, covering everything from supply chain emissions to end-user impacts. This level of intelligence allows companies to shift from estimations to action, unlocking climate impact at scale. With Decree 11 2024 going live in May and sustainability disclosure becoming mandatory for listed entities in the UAE, CarbonSifr's timing couldn't be more critical. Businesses looking to stay ahead of regulatory shifts, and demonstrate real ESG impact must begin building capacity around full-spectrum carbon measurement and reduction, with Scope 3 at the center of this transformation. For more information, visit: About CarbonSifr CarbonSifr is an Abu Dhabi-based climate-tech company, part of Mubadala's Hub71 in Abu Dhabi. They provide technology solutions to measure, reduce, and remove businesses' carbon footprint. Recognized for its efforts, CarbonSifr is pivotal in promoting climate awareness and accelerating climate action in the Middle East. CarbonSifr's AI enabled calculation engine and its methodology are TÜV Rheinland certified. You can find out more about CarbonSifr here: About Hub71 Hub71 is Abu Dhabi's global tech ecosystem that enables founders to build globally enduring homegrown tech companies in any sector by providing access to global markets, a capital ecosystem, a global network of partners, and a vibrant community filled with highly skilled talent, governed by forward-thinking regulation. Backed by the Government of Abu Dhabi and Mubadala Investment Company, Hub71 is growing its vibrant community of tech startups, investors, government, and corporate partners to ensure the availability of investment, commercial activities, and incentives from the public and private sectors. Through Hub71's entrepreneurial infrastructure, value-add programs, enabling services and support packages, founders can build and scale widely adopted technologies with purpose and impact. Hub71 is on a mission to introduce new minds and technologies to Abu Dhabi, finding new ways to build globally enduring technology companies and sustain the nation's continuous economic development. For more information visit and follow us on @Hub71AD #Hub71. Media contacts: Zoe Saunders, TechHubEdelman@
