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2024 QBE AcceliCITY Resilience Challenge finalists revealed
The challenge, one of the largest initiatives of its kind, streamlines the path to innovation by reimagining implementation cycles for smart city solutions.
Developers of a no-code platform for creating and managing digital twins for urban planning, an artificial intelligence-powered tree monitoring system and a green procurement platform are among the startups making the final of the 2024 QBE AcceliCITY Resilience Challenge.
Organised by the non-profit Leading Cities, in collaboration with QBE Insurance Group, the programme has established itself as one of the world’s largest initiatives of its kind, bridging the gap between innovative startups and urban centres.
Addressing urban challenges
This year’s finalists were selected from a record-breaking pool of some 740 startups from 70 different countries. The entrepreneurs leading these ventures are committed to addressing a wide range of urban challenges, including clean water, inclusive mapping, electric vehicle infrastructure, and more.
The journey began with the selection of the Top 100 Resiliency Solutions, which participated in a business-to-government and capital acquisition-focused web-based curriculum, receiving invaluable one-on-one mentorship from global experts.
“The QBE AcceliCITY finalists are rewriting the rules of what’s possible in cities, proving that the answers to our most pressing urban challenges might come from the most unexpected corners”
Next, the Top 10 Resiliency Solutions gear up for the QBE AcceliCITY Virtual Boot Camp where they will compete for a total of $100,000 in pilot project funding. The Top 10 will participate in a final pitch event on 11 October, presenting their solutions to a panel of distinguished judges from global powershouse organisations including the Clinton Foundation’s Clinton Global Initiative (CGI) and the World Economic Forum (WEF).
“The future of cities will not be shaped by incremental improvements, but by radical innovations that disrupt how we think about urban life,” said Michael Lake, president and CEO of Leading Cities.
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“The solutions we’re seeing today are not just visionary, they are necessary. The QBE AcceliCITY finalists are rewriting the rules of what’s possible in cities, proving that the answers to our most pressing urban challenges might come from the most unexpected corners.”
The 2024 finalists are:
- Agora World: provides a no-code platform for creating and managing 3D digital twins for urban planning and development.
- Airbuild: integrates carbon capture, water filtration, and renewable energy generation into buildings to enhance sustainability.
- Biostra: converts organic waste into high-quality fertiliser in minutes, supporting sustainable agriculture and reducing environmental impact.
- Gravity Water: provides innovative rainwater harvesting systems that deliver safe water to schools and reduce groundwater extraction.
- Green the Chain: offers a procurement platform that simplifies sourcing and comparing sustainable products to meet ESG goals.
- Reef Arches: designs wave attenuation devices that protect coastlines and promote coastal resilience against sea-level rise.
- Taro AI: delivers AI-powered tree monitoring systems that improve urban forestry management and reduce infrastructure damage.
- TranslateLive: develops a real-time translation tool to bridge communication barriers for Limited English Proficiency (LEP) individuals in cities.
- Washbox: provides a mobile, eco-friendly tool wash system that recycles water, captures waste for easy disposal, and requires no plumbing, making it ideal for all construction trades on various job sites.
- WEO: creates accessible environmental analytics by harnessing the power of space data and AI.
In addition to the Smart Cities Track of the Resilience Challenge, the 2024 competition also features two auxiliary tracks, a Proptech Track seeking solutions to challenges at the intersection of sustainability and commercial property, and a Humanitarian Track aiming to redefine the way tech innovation empowers communities to adapt to climate-related impacts.
The Proptech Track, funded by the QBE Insurance Group, includes four finalists – PACE AI, Faura, Extrasense, and Gravity Water. These four companies will be pitching to a judging panel made up of QBE’s property leaders in North America and International, as well as QBE Ventures. The winner of this track will receive $25,000 and business support from QBE.
In the Humanitarian Track, powered by Australian Red Cross Humanitech in collaboration with the Global Disaster Preparedness Centre (GDPC), and supported by the American Red Cross and the International Federation of the Red Cross and Red Crescent Societies (IFRC), three finalists have emerged WEO, inCitu, and Communiti Labs. The winner will receive access to cash prizes totalling $150,000, a fully funded pilot in Australia collaborating with Australian Red Cross, and integration into a global network of practitioners and experts.
AcceliCITY’s unique approach streamlines innovation for both startups and governments by reimagining the innovation and implementation cycles for smart city solutions. The programme connects startups’ innovative solutions directly with business users and provides them with the necessary channels, training, and knowledge to successfully implement their technologies in cities.
AcceliCITY alumni have already raised more than $1bn in funding, many of which have deployed their solutions to enhance the equity, resilience, and safety of cities worldwide.
For more information about Leading Cities and the QBE AcceliCITY Resilience Challenge, please visit www.AcceliCITY.com
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How do no-code platforms improve urban planning with digital twins?What AI methods enhance tree monitoring for urban forestry management?How can wave attenuation devices increase coastal resilience effectively?In what ways does green procurement simplify sustainable product sourcing?How does integrating carbon capture in buildings support sustainability goals?AI and Machine LearningAnalyticsclimate actionClimate change/ResilienceConnectivity & DataEnergy & EnvironmentGovernance and Citizenresilienceurban space
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