Majid Al Futtaim (MAF), a Dubai, UAE-based leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, announced 14 start-ups and SME winners to join its Launchpad accelerator program. enVerid is one of 14 total winners (and one of 3 in the Proptech category) chosen from among 196 entries for the program. The Proptech category, of which enVerid is one of three winners, is intended “to target start-ups that offer innovative and sustainable solutions to help optimise the efficiency of construction, digitise property development, residential communities and hotels spaces, and enhance the experiences in the shopping mall.” enVerid’s solution will be deployed in MAF’s vast portfolio of commercial properties and the company will receive additional support from Microsoft.
“enVerid is honored to be selected by MAF as one of the winners,” said Israel Biran, enVerid Systems Co-founder and SVP, International Development. “Implementing our Sorbent Ventilation TechnologyTM in MAF buildings will deliver massive energy savings and significant reduction in carbon emissions while simultaneously improving indoor air quality. Partnering with MAF will also enable us to develop our business in the region and help MAF and the UAE achieve their sustainability goals.”
Ramy Fares, Director: Retail & Travel Industry at Microsoft Middle East and Africa said “Nurturing Startups is a crucial part of our work at Microsoft to support the digital economy and accelerate innovation. Through Microsoft for Startups, we are accelerating Startup growth in 140 countries by delivering access to innovative technologies, go-to-market strategies and Microsoft’s vast ecosystem of partners and customers. We are proud of our partnership with Majid Al Futtaim’s Launchpad and congratulate the change-makers who have won the first Proptech launchpad accelerator program.”