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Climate ‘accelerator’ Subak launched

Organisation will help to grow and finance startups that have a focus on climate and climate data

A new ‘accelerator’ for climate-focused startup NGOs called Subak launched today. The scheme aims to select, fund and scale small organisations that can help countries achieve the goals of the Paris Agreement. Organisations will get advice on how to scale up their operations, and Subak will seed fund the organisations and help establish other funding. The model is partly based on the US 'Y-combinator' startup accelerator, which has launched a number of online products including Airbnb, Reddit and Dropbox. Subak is already working with five initial organisations: NewAutoMotive provides data about electric vehicle use with the aim of accelerating uptake. TransitionZero uses satellite da

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