Synapses partners with Microsoft to support startups in Tech Sector Decarbonization Challenge

The tech sector is one of the fastest-growing industries globally, but it also carries a significant carbon footprint. The world cannot race to the much-needed low-carbon future if the tech sector is left behind.

Recognizing this imperative, the AIC-Synapses Innovation Foundation partnered with Microsoft in September 2024 to launch the Tech Sector Decarbonisation Challenge, targeting scalable solutions to reduce emissions.

The program sought innovations at Technology Readiness Level (TRL) 4 or higher, showcasing proven laboratory concepts ready for real-world testing. Recently, the finalists were announced, marking a significant milestone in advancing cleantech solutions.  

Supporting sustainable innovation  

The initiative called on startups specializing in energy transitions, circular economy, energy-efficient AI, machine learning, and carbon markets.

From a pool of 166 applicants, 12 startups were selected to present their ideas at the Innovation Challenge Awards. These finalists received up to $150,000 in Microsoft Azure credits, tailored training, and incubation support from Synapses. Additionally, Synapses will evaluate the winners for potential investments.  

A shared vision for decarbonization  

Ruchira Shukla, Co-founder of Synapses, emphasized the critical role of corporations in driving net-zero efforts by adopting and piloting innovative solutions. “Microsoft has been a leader in global sustainability initiatives,” Shukla said.

“Through this partnership, we are empowering startups to tackle climate challenges while helping the tech sector transition to a low-carbon future.”  

Alok Lall, COO of Microsoft India & South Asia, highlighted Microsoft’s commitment to climate action. "This challenge fosters impactful solutions that redefine the tech industry's environmental footprint," Lall said.  

The program's culmination took place at Microsoft’s office. The initiative offered participants a valuable platform to present their technology-driven innovations to an esteemed panel of experts. 

The panel featured prominent incubators like AIC IIITH and Villgro; corporate leaders including Nasscom, IEEMA, MEHER Group, and Ckers Finance; and representatives from the consulting sector such as the Pan IIM Consulting Organization.

Additionally, insights were shared by influential think tanks, government bodies, and leading startups like OMI Foundation, Invest India, and Promethean Energy, respectively.

Spotlight on innovative startups  

Finalists showcased diverse cleantech solutions. For instance, Kanpur-based Greengine presented a microalgae-based carbon capture system, while Gurugram’s Terano proposed a blockchain platform for carbon credits.

Other shortlisted startups are Bhumi Technologies, Unbubble, Minimines, Cleantech Solutions, Albatross Energetics, LivNSense GreenOps, Ambiator, MEINE Electric, Flock Energy, Motorama, and Thermistance Technologies.

Synapses is a $125 million venture capital fund dedicated to STEM-based solutions for climate and health challenges.

Founded by IIT alumni, Ruchira Shukla and Karthik Chandrasekar, it bridges the gap between scientific innovation and commercialization, creating market leaders in cleantech.