Third Derivative, a joint venture of Rocky Mountain Institute and New Energy Nexus, a global accelerator, has selected three Indian startups in its inaugural cohort of 50 companies to promote clean energy solutions to address the climate change.
The three Indian startups – two in shared and connected mobility space, and one in recycling plastics and plastic credits space — will be part of the $2 billion funding that the accelerator has arranged through nine venture capital firms across four different continents. It also has a support structure of nine multinational corporations including Microsoft, AT&T, Shell, BP and banks such as Wells Fargo.
