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Humble Sustainability Secures Strategic Investment from ADB Ventures to Drive Expansion Across Southeast Asia

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MANILA, Philippines, Sept. 10, 2024 /PRNewswire/ — Humble Sustainability (“Humble”), a Philippines-based climate tech startup, has announced a significant milestone in its journey towards creating a circular economy in Southeast Asia. The company has successfully closed a pre-Series A funding round led by Gobi Partners (through its Gobi-Core Philippine Fund) alongside major investors ADB Ventures (ADBV), the Asian Development Bank‘s venture arm, and the Philippines government through the National Development Company (NDC). This strategic investment will enable Humble to expand its operations beyond the Philippines and enhance its technology offerings, particularly by developing its proprietary Climate Dashboard platform.

A Vision for a Circular Economy

An estimated $62.5 billion worth of discarded technology components end up in landfills annually.[1] Humble Sustainability created its B2B trading platform in 2022 to enable corporations to securely recycle and refurbish their used IT equipment, helping them meet their environmental, social, and governance (ESG) goals while reducing electronic waste.

Founded in 2021, Humble has emerged as a leader in the climate sector. It is focused on transforming how businesses handle electronic waste. Humble aims to increase the value of unwanted assets by up to five times through its innovative platform, currently boasting a 40% take rate.

CEO and co-founder Josef Werker, inspired by his mother’s activism and the sustainable lifestyle she encouraged growing up, is on a mission to make one billion items circular by 2030. “Achieving sustainability is a team effort. Humble wants to be at the forefront of connecting that ecosystem and inspiring people and businesses to join the collaboration,” said Werker.

Innovating for Impact: The Climate Dashboard

A key component of Humble’s future strategy is the development of its Climate Dashboard. This tool will provide businesses with real-time data on their environmental impact, including greenhouse gas emissions and waste diverted from landfills. The dashboard will first be accessible to Humble’s clients, followed by a public release. Humble’s approach tracks environmental metrics and actively improves them by bringing electronic waste back into circularity.

“The Climate Dashboard is designed to solve one of the biggest challenges businesses face today: understanding and improving their climate impact. We believe that with the right data, companies can set realistic targets, track progress, and ultimately achieve their sustainability goals,” Werker explained.

Strategic Investment from ADB Ventures

The partnership with ADB Ventures is crucial to Humble’s growth strategy. The investment will support Humble’s three-phase expansion plan, beginning with scaling operations within the Philippines and moving into crowded Southeast Asian markets in Indonesia and Thailand by the end of 2026. This expansion will enable Humble to tap into a $13 billion market opportunity across the region, positioning itself as a leading player in the recommerce of electronic assets.

ADB Ventures’ investment will bolster Humble’s tech and sales teams and enhance its B2B marketing efforts. This financial boost is pivotal as Humble plans to launch its B2C model in 2025 to source and sell second-hand items directly to consumers.

“Humble’s innovative platform addresses the challenge of improperly disposed electronic waste in Southeast Asia. By leveraging technology, Humble makes e-waste management efficient and accessible for businesses in the region. Solutions like Humble are essential for driving circular economy practices. We are excited to support Humble’s mission to revolutionise e-waste management and create an environmental impact in the Philippines and beyond,” said Thitirat Sittakaradej of ADB Ventures.

A Word from the National Development Company

“The NDC-SVF has invested in Humble Sustainability because of its crucial role in making the circular economy a reality. Humble has integrated ESG principles into its business by bringing old office equipment back into circularity, allowing businesses and individuals access to affordable, pre-loved electronic assets. This model reduces e-waste and challenges the stigma that second-hand electronics are no longer valuable,” said an NDC spokesperson.

Looking Ahead: Expanding Horizons

As Humble continues to grow, the company remains committed to reducing electronic waste and promoting sustainable practices across Asia. By 2026, Humble plans to explore additional categories, such as clothing, applying its technology-driven circular solutions to new sectors.

With its headquarters in Manila and a holding company in Singapore, Humble is poised to take charge of creating a sustainable future for Southeast Asia and beyond. This latest round of funding provides the resources necessary for expansion and reaffirms its investors’ confidence in Humble’s vision and potential.

About Humble Sustainability

Humble is the Philippines’ leading climate technology company on a mission to bring back one billion items into circularity. We help businesses securely recycle and refurbish their tech equipment and work hand in hand with our clients to create, track and achieve their ESG initiatives.

 

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SOURCE Humble Sustainability

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CHASM Exclusively Licenses AgeNT® Express Transparent Conductive Film to Mativ for Heated Glass Solutions

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CANTON, Mass., Jan. 9, 2025 /PRNewswire/ — Chasm Advanced Materials, Inc. (CHASM) and Mativ Holdings (Mativ), manufacturer of Argotec interlayer films for high-performance glazing, have announced an exclusive licensing agreement. CHASM’s AgeNT® Silver Nanowire (AgNW) and Carbon Nanotube (CNT) hybrid performance film technology will be licensed to Mativ for transparent heating solutions in advanced glass and window applications across architectural, military, and transportation segments.

This licensing agreement marks another milestone in the long-standing collaboration between Mativ and CHASM, aiming to accelerate the commercialization of a portfolio of AgeNT® Express films.

David Arthur, CEO and co-founder of CHASM, highlighted the significance of this partnership. “Licensing our AgeNT® Express technology to Mativ marks a major milestone for both companies,” said Arthur. “With CHASM’s leadership in CNT technology and flexible electronics, and Mativ’s expertise in roll-to-roll (R2R) precision coating and vast market reach in glazing applications, this collaboration is a powerful step toward CHASM’s expansion into global non-automotive glazing markets.”

“This agreement marks a significant milestone in the continued growth of Mativ within innovative and emerging markets,” states Mativ President and CEO Julie Schertell. “By becoming a licensee of Chasm’s groundbreaking AgNW and CNT technology, we reaffirm our position as leaders in material science innovation. Together, we are unlocking new potential in advanced film applications across top industrial sectors.”

About CHASM
CHASM’s mission is to develop and manufacture advanced carbon nano materials, leveraging its innovative product platforms to create a safer, more connected and sustainable world. The company’s patented nanotube manufacturing platform combined with its unique ability to integrate CNTs into product solutions is unleashing the power of nanotechnology.

Innovations powered by CHASM include universal transparent heaters for safer driving and a broad range of non-automotive applications, transparent antennas for smarter cities, conductive additives for EV batteries, and cement additives for greener (lower carbon footprint) concrete. 

CHASM is building the world’s largest multiwall CNT reactor (1,500 metric tons annual capacity) in Norman, Oklahoma, to produce NTeC® products to support battery and cement applications.

AgeNT, NTeC, CHASM, and the CHASM logo are trademarks of CHASM Advanced Materials, Inc.

About Mativ
Mativ Holdings, Inc. is a global leader in specialty materials, solving our customers’ most complex challenges by engineering bold, innovative solutions that connect, protect and purify our world. Headquartered in Alpharetta, Georgia, we manufacture on three continents and generate sales in over 100 countries through our family of business-to-business and consumer product brands. The company’s two operating segments, Filtration & Advanced Materials and Sustainable & Adhesive Solutions, target premium applications across diversified and growing categories. Our broad portfolio of technologies combines polymers, fibers and resins to optimize the performance of our customers’ products across multiple stages of the value chain. Our leading positions are a testament to our best-in-class global manufacturing, supply chain and materials science capabilities. We drive innovation and enhance performance, finding potential in the impossible. To learn more, visit mativ.com.

To learn more about Argotec glass interlayer films, visit argotec.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/chasm-exclusively-licenses-agent-express-transparent-conductive-film-to-mativ-for-heated-glass-solutions-302346673.html

SOURCE CHASM Advanced Materials

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Hettich Achieves Remarkable Success with Innovative Quora Ads Campaign

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MUMBAI, India, Jan. 9, 2025 /PRNewswire/ — Hettich, a leading manufacturer of innovative furniture fittings, built-in appliances, and door hardware solutions, has achieved outstanding results through a recent advertising campaign on Quora. The campaign aimed to enhance brand awareness and engagement among homeowners, interior designers/architects, and OEMs/builders, by showcasing Hettich’s cutting-edge products in a unique and compelling way.

Hettich’s campaign leveraged Quora’s targeted advertising solutions to reach specific demographics interested in home improvement and design. By focusing on audiences actively seeking quality and innovative solutions, the campaign effectively resonated with potential customers.

The Hettich campaign resulted in impressive metrics, including a view-through rate of 44.55% and 18,598 clicks from over 1 million views. With 2,357,070 impressions, Hettich significantly expanded its reach, fostering awareness and interest in its furniture fittings, built-in appliances, and door hardware.

Hettich crafted visually stunning and emotionally engaging content that spotlighted the unique features of its products through captivating storytelling and immersive video formats. The campaign vividly illustrated the transformative power of Hettich’s innovative solutions, seamlessly turning everyday moments into extraordinary experiences within living spaces. “We believe in the magic of storytelling to break through the advertising clutter,” said Aditya Jalgaonkar, AGM-Marketing, Hettich India. “This campaign reflects our commitment to creating meaningful, high-quality content that connects with our audience in a profound way.”

“At Quora, we are dedicated to helping brands tell their stories effectively and meaningfully,” said Gurmit Singh, General Manager at Quora APAC and MEA. “Hettich’s campaign is a perfect example of how targeted advertising can drive engagement and connect brands with their audiences. We’re thrilled to see the impact of our platform on Hettich’s marketing efforts.”

The success of Hettich’s campaign showcases the effectiveness of utilizing Quora’s targeted advertising capabilities. This partnership illustrates how brands can engage potential customers and create lasting connections through innovative marketing strategies.

About Quora

Quora is a platform that has 100 million monthly unique visitors in India, where people come to share knowledge and insights. By connecting brands with engaged audiences through targeted advertising, Quora helps businesses tell their stories effectively and meaningfully.

Photo: https://mma.prnewswire.com/media/2593402/Hettich_Quora_Ads.jpg
Logo: https://mma.prnewswire.com/media/2443578/Quora_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/hettich-achieves-remarkable-success-with-innovative-quora-ads-campaign-302345570.html

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NX Taiwan Offers Work Experience to China University of Technology Students

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TOKYO, Jan. 9, 2025 /PRNewswire/ — Nippon Express (Taiwan) Co., Ltd. (hereinafter “NX Taiwan”), a group company of NIPPON EXPRESS HOLDINGS, INC., conducted a two-day work experience program for students from the China University of Technology (hereinafter “CUTe”) on Saturday, November 30, and Sunday, December 1.

NX Logo: https://kyodonewsprwire.jp/img/202412252272-O3-CT0nRnRv 

Photos

Group photo of participants: https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202412252272/_prw_PI1fl_AD0GB6Wy.jpg 

Warehouse work experience: https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202412252272/_prw_PI2fl_FTH84m7K.png 

The work experience program is part of the NX Group’s efforts to actively communicate with local communities and engage in community-based social contribution activities, recognizing its social and public mission as a logistics company.

Eighty students enrolled in CUTe’s Department of Marketing and Logistics took part in the program at NX Taiwan’s NEXT1 warehouse in Taoyuan City, where they received briefings from NEXT1 staff on basic logistics knowledge, safety, and warehouse operations. Through a combination of classroom lectures and hands-on experience, the students learned in depth about how warehouse operations are carried out.

The participants found the program a valuable opportunity to expand their practical knowledge and understanding of the logistics industry, with one commenting: “This experience has given me a deeper understanding of warehouse management and logistics, and strengthened my desire to work in the logistics industry, where I can contribute to society in the future.”

The NX Group will continue to actively engage in social contribution activities on a global scale to help develop human resources who can play active roles in the logistics industry.

About the NX Group: https://kyodonewsprwire.jp/attach/202412252272-O1-tne94err.pdf 

NX Group official website: https://www.nipponexpress.com/ 

NX Group’s official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/ 

View original content:https://www.prnewswire.com/apac/news-releases/nx-taiwan-offers-work-experience-to-china-university-of-technology-students-302346527.html

SOURCE NIPPON EXPRESS HOLDINGS, INC.

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