Dedicated to fostering startups that advance the energy transition and hasten decarbonization efforts, ENGIE Factory strives to lead the charge in catalyzing innovation across the Middle East. Partnering with entrepreneurs, ENGIE Factory works to cultivate novel business approaches and support viable startups. “We nurture pioneering startups alongside founders, harnessing the Group’s resources, investment, and market connections to expedite their solutions,” remarked Caroline Guyot, Managing Director of ENGIE Factory.
Established in 2019 in Singapore, ENGIE Factory has nurtured over 14 startups dedicated to addressing urgent climate issues. These startups are engaged in various endeavors such as decarbonizing challenging industries, innovating business models to accelerate renewable energy distribution, and creating intelligent software to ease the transition to sustainable energy. “Through close collaboration with investors, governments, and corporate partners, we’ve forged a distinctive model for corporate venture building. Our valued partners play a crucial role in our success, particularly in the Middle East,” states Guyot.
“With the imperative for climate action growing more pressing in the face of global warming, it’s essential to harness the latest innovations available to us as a community to overcome the obstacles hindering our path to achieving Net Zero. By supporting emerging tech startups, we aspire to develop impactful solutions that aid industries in decarbonization,” remarks Tomaz Guadagnin, ENGIE’s Country Manager for GCC & Pakistan.
ENGIE Factory extends an invitation to entrepreneurs and investors to join forces in cultivating the next generation of climate tech startups in the Middle East, thereby contributing to vital decarbonization efforts and safeguarding our future.
