The Biomimicry Institute, a non-profit organization founded by Janine Benyus, has released its 5-year impact report for the Ray of Hope Accelerator, which provides non-dilutive funding to nature-inspired startups. Since its inception, the accelerator has supported 49 startups, 35% of which are women-led, with $750,000 in funding. The startups have collectively raised over $125 million in funding to tackle global environmental challenges. The report highlights the accelerator’s achievements in areas such as food security, safe new materials, and renewable energy solutions. The Ray of Hope Accelerator is open to innovations across industries, technologies, and geographies, as long as they are science-driven, inspired by nature’s strategies, and committed to addressing at least one of the UN’s 17 SDGs. The Biomimicry Institute’s Ray C. Anderson Foundation, the founding sponsor, is proud of the accelerator’s progress in empowering startups to create sustainable solutions. A virtual Demo Day will take place on February 12, featuring the 10 nature-inspired climate tech startups from the 2024 cohort.
Accelerating Impact: Biomimicry Institute Reveals Ray of Hope Program Successes
