PepsiCo has announced the 10 startup finalists for its third edition of the Greenhouse Accelerator Program in Asia Pacific. This initiative is aimed at accelerating innovation in sustainable agriculture, the circular economy, and climate action across various industries.

• Calysto (also spelled as Calyx) is a leading company in the green energy sector.
• Endura is a renowned hydrogen storage and fuel cell company.

Diverse APAC Representation

The selected startups showcase APAC representation with 5 Australian companies, including Calyx.eco and Endua. There’s also an Indian company, Bali Waste Cycle, a Chinese company, Guangdong Databeyond Technology Co. Ltd, a Singaporean company, Circular Unite, a South Korean company, DEEGOLABs, and a Chinese group, Beijing AIForce Technology Co. Ltd. and Shanghai Electric Group Co. Ltd. (Central Academe.)

1. China – Beijing AIForce Technology Co. Ltd., Beijing Phabuilder Biotechnology Co. Ltd., Guangdong Databeyond Technology Co. Ltd., Service Enviro SCAD Inc., and Shanghai Electric Group Co. Ltd. (Central Academe)
2. Indonesia – Bali Waste Cycle (CV Bakti Bumi Berseri)
3. Singapore – Circular Unite
4. South Korea – DEEGOLABs
5. Australia – Calyx (Calyx.eco) and Endua

PepsiCo’s Greenhouse Accelerator Program Features

The program offers a range of exciting features, including expert mentorship, access to PepsiCo’s networks, and the opportunity to pilot solutions in real-world market conditions. The selected startups will also receive a AUD 31,542 grant, tailored mentorship, and learning modules to help them overcome growth challenges and scale up their market-ready solutions.

Examples of Solutions

• Calyx.eco’s AI-powered Rapid LCA platform provides real-time, ingredient-level impact insights to drive climate action and supply chain transparency.
• Endua’s modular, on-site Green hydrogen solution powered by next-generation PEM electrolysis enables scalable, cost-effective energy independence for industries across APAC.
• Beijing AIForce Technology Co. Ltd’s zero-emission, AI-powered farm machinery revolutionises intelligent, autonomous, and sustainable farming at scale.
• Phabuilder Biotechnology Co. Ltd. and Guangdong Databeyond Technology Co. Ltd. are pioneering biodegradable PHA plastics and AI-powered waste-sorting solutions.

Why the Program is Important

The Greenhouse Accelerator Program is crucial to PepsiCo’s ambitious sustainability goals. By supporting innovative startups, PepsiCo aims to drive scalable sustainability solutions across various industries, from agriculture to energy and waste management. The program’s diversity is highlighted by the mix of startups from different countries, showcasing the potential for sustainable innovation across the APAC region.

PepsiCo’s pep+ Sustainability Strategy

PepsiCo’s ‘pep+’ Sustainability Strategy is the driving force behind this initiative. The strategy focuses on sustainability and human capital, emphasizing PepsiCo’s commitment to reducing the environmental footprint of its operations. PepsiCo aims to be a global leader in the sustainability and climate action sectors.

“We’re on a mission to make hydrogen power more accessible across Australia. But it’s no small feat, and grants like this really help us to continue to grow and provide self-sufficient, sustainable and cost-effective energy across Australian industries.”

— Paul Sernia, Endua Chief Executive Officer.

This diverse set of startups from APAC showcases the potential for innovative solutions to address various environmental challenges.