Page 16 - Identifying and scaling AI startups for SDGs
P. 16

Identifying and scaling AI startups for SDGs



                  (continued)

                                           OKO Finance is recognized as a leading insurance company
                                           across  7 countries,  including  Angola,  Ivory  Coast, Mali,
                                           Mozambique, Senegal, Togo and Uganda.

                                           “The idea emerged as I was working in Papua New Guinea for a
                                           life insurance product distributed via mobile phones. A drought
                                           hit the country and most customers suddenly stopped paying
                                           as they lost  their  main  source  of income,  which  came  from
                                           agriculture. I realized that the tool that I was successfully using
                                           to distribute life insurance could be adapted to distribute crop
                                           insurance and change the lives of millions of vulnerable people,”

                                           said Simon Schwall. OKO Finance has secured funding from
                                           Mercy Corps Ventures and has  participated in Microsoft for
                                           Startups Israel’s AI for Good Accelerator Program.



                                           Bioniks, the winner of the “Meet the Robotics for Good start-ups
                                           advancing sustainable development – 2nd Session” is a social
                                           enterprise, that leads the way in pioneering innovative solutions
                                           for individuals with disabilities, offering AI-powered, affordable
                                           bionic limbs. The prosthetics are made with cutting-edge
                                           technology, custom-designed, cost-effective, and non-invasive,
                                           revolutionizing accessibility for all. Since winning, Bioniks has
                                           made news all around the world for its inclusive prosthetics,
                                           including at The Friday Times, Arab News PK, and the Gulf News.





                  8      AI for Good Innovation Factory: 2024



                  8.1  AI for Good Innovation Factory Grand Finale

                  Geneva, Switzerland, 30 May 2024

                  At the AI for Good Global Summit, the AI startup Stemuli with their ground-breaking generative
                  metaverse gaming EdTech platform was declared the winner of the Innovation Factory Grand
                  Finale in Geneva, Switzerland.

                  The year-long awaited Innovation Factory Grand Finale was launched with opening remarks
                  by Her Royal Highness Princess Beatrice from the United Kingdom and an innovative opening
                  demonstration of a football match carried out by two teams of humanoid robots – NomadZ,
                  from ETH Zurich.












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