Experts in thermal management materials and insulation solutions leads the way as Japan’s Thermalytica takes top prize in the 2024 KPMG Private Enterprise Global Tech Innovator competition.
On November 13th, during the final event in Lisbon, Portugal, KPMG Private Enterprise announced that Thermalytica has been named the 2024 Global Tech Innovator winner, for its pioneering thermal insulation technology, powered by TIISA® that provides insulation solutions helps industries conserve energy through the use of high-performance insulation materials to help reduce energy waste.
Conor Moore, Global Head, KPMG Private Enterprise, KPMG International and the competition’s sponsor said, “This year’s global competition attracted more than 1,500 visionary applicants from 23 countries and jurisdictions—a remarkable milestone that reflects the ongoing mission to discover and showcase the world’s leading innovators and changemakers. Year after year, the competition has continued to flourish, drawing leading tech solutions that have the potential to make a real difference in the world.
I am inspired once again by the achievements if this year’s finalists and excited to support the transformative ideas of tech entrepreneurs across the world who are turning these ideas into groundbreaking tech enterprises that can continue to shape the future.”
Congratulations to Thermalytica for helping to introduce the world to the technology powerhouse that Japan is becoming and for bringing this year’s KPMG Private Enterprise Global Tech Innovator crown home. They have helped bring our entire country’s dynamic tech environment into the spotlight.”
The panel of international judges for the 2024 competition included:
- Anthony Lacavera, Founder & Chairman, Globalive Capital
- Alexander Walsh, Senior Managing Director, Private Equity, Blackstone
- Max Mohammadi, Founder & Chairman, PlasticFri (2023 KPMG Private Enterprise Global Tech Innovator Winner)
- Anna Scally – KPMG’s Technology, Media and Telecoms (TMT) Sector Leader in EMA
- Viktoriya Tigipko – Founding and Managing Partner, TA Ventures
Conor Moore added, “Congratulations to Rudder Wu, Thermalytica CTO for reaching this important milestone. I am delighted to have had this opportunity to introduce you on the world stage and am eager to watch your growth over the coming years with an innovative product that helps companies conserve energy through its insulation materials and advanced thermal technology solutions, ultimately helping lower their carbon footprint.”
KPMG Private Enterprise applauds all 23 country winners who competed in this year’s Global Tech Innovator final. Each of you has demonstrated what’s possible when we all come together to reimagine the future.”
The 2024 global finalists included:
Australia – Gelomics
Innovative AI-powered drug development.
Brazil – PBSF, Protecting Brains and Saving Futures
Neuroprotection of newborns at risk of brain injury
China – Easy Logic
Enhancing the integrated circuit design process
Colombia – EatCloud
Fighting hunger by redistributing unsold food
East Africa – Uncover
Specially formulated products for women of color
Estonia – Gelatex
Patented nanofiber production to facilitate 3D cell culture and tissue engineering
Finland – Skyfora
AI-enhanced weather forecasting to improve efficiency in weather-related industries
Germany – Oxolo (Mindcloud)
Digital assistant to drive efficiency individuals, teams and small businesses
Ghana – GrowForMe
Commodity financing and trading platforms for smallholder farmers and investors
India – FluxGen
SaaS platform using IoT to monitor, measure and analyze water management
Ireland – Precision Sports Technology
Software platform for real-time analysis of exercise technique
Italy – Pack SRL
Digital mentoring and coaching platform
Japan – Thermalytica
Innovative thermal insulation solutions in key sectors
Mexico – BioEsol
Energy as a service for small and medium companies
Netherlands – Incooling
A two-phase cooling process to improve chip performance
Philippines – Rezbin
A large network of tech-enabled recycling bins where infrastructure is lacking
Portugal – Bhout
Gamifying boxing bags with 3D computer vision and AI
Saudi Arabia – Ejari
A financial services platform for more affordable home rentals
Sweden – Reselo
A bio-based replacement to fossil-based rubber
Taiwan – CarbonClean Energy
CO2 utilization technologies to combat climate change
Turkey – WiserSense
Advanced IoT sensors and AI analytics to predict equipment failures and downtime
UK – Halocycle
Advanced recycling of PVC for reuse in new plastics and cleaning products
US – Mi Terro
Engineering low-value biomass waste into high-value materials
About the competition
The inaugural KPMG Private Enterprise Global Tech Innovator Competition was introduced in 2021. In the first year of the global competition, 17 countries and jurisdictions participated in the competition. In 2022, the competition grew to include 23 countries and jurisdictions from mature and emerging markets, and it has continued to grow with more than 1,300 applications across 23 countries in 2023 and another 1,500 applicants in 2024.
Companies from the startup to growth stages are invited to pitch their innovations and present their growth ambitions to panels of local and global industry experts for the opportunity to be recognized as a leading technology innovator in their country and ultimately on the global stage.
For press requests, please contact:
Daniel Caines
KPMG International
+44 7732 400262
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