Tenth Lab cohort includes 25 disruptive technology and technology-enabled startups from the Americas and EMEA Five-month accelerator program to provide founders with $250,000 (£250,000) investment, as well as mentorship and business-growth resources 117 companies have participated in the Lab to date Morgan Stanley (NYSE: MS) today announced the 2024 global cohort of the Inclusive Ventures Lab, with 25 companies selected from the Americas and Europe, the Middle East and Africa (EMEA). Over the next five months, the companies will participate in an in-house accelerator program designed to further develop and scale technology and technology-enabled startups in the seed to Series A funding round stage.
The selection process was rigorous, involving a global competition with a focus on innovation, impact, and scalability. The startups were evaluated based on their technology, team, market potential, and overall business model. The 25 selected startups represent a diverse group of entrepreneurs and innovators, with backgrounds ranging from computer science to business administration.
The companies selected to participate in the 2024 cohort include the following: Agri-Trak digitizes small farm operations with a smart platform for real-time labor, crop yield and cost tracking to optimize productivity, sustainability and profitability (US) digitizes small farm operations with a smart platform for real-time labor, crop yield and cost tracking to optimize productivity, sustainability and profitability (US) Beta Financial provides a transparent and comprehensive small business credit scoring solution, fostering financial inclusion and access to capital through innovative AI-driven technology (US) provides a transparent and comprehensive small business credit scoring solution, fostering financial inclusion and access to capital through innovative AI-driven technology (US) Blip Energy is building a drop-in distributed energy resource to mitigate surging peak demand, optimize energy costs for users and reduce operating costs for utilities (US)
is building a drop-in distributed energy resource to mitigate surging peak demand, optimize energy costs for users and reduce operating costs for utilities (US) Compare Ethics is an AI-powered sustainability compliance platform that reduces costs by helping retail brands simplify, streamline and scale the way they make accurate green claims (UK) is an AI-powered sustainability compliance platform that reduces costs by helping retail brands simplify, streamline and scale the way they make accurate green claims (UK) Darent is a vacation rental marketplace platform in Saudi Arabia for travelers to search for properties with a focus on local experiences, a secure payment system and property insurance for hosts (Saudi Arabia)
is a vacation rental marketplace platform in Saudi Arabia for travelers to search for properties with a focus on local experiences, a secure payment system and property insurance for hosts (Saudi Arabia) For The Creators is an omni-channel circular fashion marketplace where women can rent and buy high-quality clothing for each stage of motherhood (UK) is an omni-channel circular fashion marketplace where women can rent and buy high-quality clothing for each stage of motherhood (UK) GroceryList is a marketplace connecting immigrants worldwide with local merchants across Latin America and the Caribbean, enabling them to purchase groceries and essentials for their loved ones back home (US)
is a marketplace connecting immigrants worldwide with local merchants across Latin America and the Caribbean, enabling them to purchase groceries and essentials for their loved ones back home (US) HANX is a consumer platform bringing together medically designed women’s reproductive health products, prescription treatments and community-focused content (UK) is a consumer platform bringing together medically designed women’s reproductive health products, prescription treatments and community-focused content (UK) Hire Ground is a B2B software platform that enables enterprise buyers to source and manage third party vendors while optimizing their procurement process (US) is a B2B software platform that enables enterprise buyers to source and manage third party vendors while optimizing their procurement process (US) Infinite Giving is a fintech platform that enables nonprofits to raise money, manage their cash reserves, and conservatively invest and grow (US)
is a fintech platform that enables nonprofits to raise money, manage their cash reserves, and conservatively invest and grow (US) Juniver is a health company leveraging AI technology to provide personalized digital interventions for lasting eating disorder recovery (UK) is a health company leveraging AI technology to provide personalized digital interventions for lasting eating disorder recovery (UK) KSI Vision uses existing AI on store and shopping center security cameras to generate real-time customer data and increase sales conversion (Uruguay) uses existing AI on store and shopping center security cameras to generate real-time customer data and increase sales conversion (Uruguay) Mavity is an AI-powered operating system for design and marketing teams that connects companies with on-demand creatives to streamline asset creation (US)
is an AI-powered operating system for design and marketing teams that connects companies with on-demand creatives to streamline asset creation (US) MyARC is a platform that enables fitness content creators to train their fans at scale (UK) is a platform that enables fitness content creators to train their fans at scale (UK) NÜWIEL provides electric mobility solutions for the cities of today and tomorrow (Germany) provides electric mobility solutions for the cities of today and tomorrow (Germany) OVUM is a one-stop shop for fertility wellness, providing educational resources, products and services for improving fertility outcomes (UK) is a one-stop shop for fertility wellness, providing educational resources, products and services for improving fertility outcomes (UK) Research Grid is an automation engine for admin-free clinical trials (UK)
is an automation engine for admin-free clinical trials (UK) Revere is reinventing how allocators manage their alternative asset portfolios through AI, workflow automation tools and custom reporting (US) is reinventing how allocators manage their alternative asset portfolios through AI, workflow automation tools and custom reporting (US) Route is a platform of business management tools for commercial cleaning companies to automate sales, streamline operations, build contractor relationships and connect the entire cleaning industry (US) is a platform of business management tools for commercial cleaning companies to automate sales, streamline operations, build contractor relationships and connect the entire cleaning industry (US) Sanarai connects the Latino community to mental health professionals in Latin America and the US to offer culturally sensitive, Spanish-language emotional support at accessible prices (US)
connects the Latino community to mental health professionals in Latin America and the US to offer culturally sensitive, Spanish-language emotional support at accessible prices (US) Soralink leverages AI and smart sensors to assist manufacturers in preventing critical machine failures (Canada) leverages AI and smart sensors to assist manufacturers in preventing critical machine failures (Canada) Sortile provides the textile industry with a system that enables the identification, traceability and recycling of textiles (US) provides the textile industry with a system that enables the identification, traceability and recycling of textiles (US) SWYE360 Learning is a data analytics company that uses machine learning and AI in education to measure software efficacy and detect students at risk of dropping out (US)
is a data analytics company that uses machine learning and AI in education to measure software efficacy and detect students at risk of dropping out (US) Tendo Technologies addresses the challenges faced by aspiring online retail entrepreneurs in Africa by connecting independent resellers to suppliers (Ghana) addresses the challenges faced by aspiring online retail entrepreneurs in Africa by connecting independent resellers to suppliers (Ghana) Zest Equity is digitizing private market transactions, building tools to streamline and ensure greater transparency in how entrepreneurs, funds and investors transact (UAE) Programming will culminate in February 2025 with a global Demo Day, when participating companies will present to potential investors, business partners and customers. The investment firms in attendance at the last showcase represented over $40 billion of dry powder and indicated a high level of interest following the event.
The program is open to founders and teams from various backgrounds, with a focus on startups that are solving real-world problems and driving positive social impact. Here’s a closer look at the program:**
**1. Focus on Solving Real-World Problems:** MSIVL emphasizes startups that address pressing social and environmental issues.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240913405364/en/
