Challenge
Hospitals and Labs emit 4.4% of global emissions which is larger than aviation or shipping. If the sector were a country, it would be the fifth-largest polluting country in the world. Without any intervention, healthcare emissions are expected to grow by 3x between now and 2050. Lack of data and adequate tools prevent hospitals and other healthcare institutions from making informed decisions about emission reduction.
Opportunity
UK and Dutch Healthcare systems have pledged to be carbon neutral by 2045 and 2050 respectively. The current cost-based approach to measuring emissions doesn’t work for hospitals, requiring a more detailed approach for assessing clinical pathways and products.
Solution
Ecomedic provides a unique database and software tool designed to empower hospitals to significantly reduce operational emissions. Our platform assists sustainability stakeholders in healthcare by enabling rapid life cycle assessment (LCA) executions, pinpointing emission hotspots, and quantifying the impacts of alternative solutions. This not only paves the way for targeted, effective interventions that minimize emissions but also concurrently lowers the overall costs of products/services.
Status
Agreement for a pilot project with a large hospital chain in the US. Conversations with large European hospitals. Building and testing the database and software.
Meet the team
Kasimir Friederich
Digital Venture Architect
Kasimir joined NLC in November 2022 as a Digital Venture Architect. After studying economics and gaining practical experience in the digital and startup field, he worked for a digital consulting firm. Here, Kasimir focussed on corporate venture building, ideating and validating business models that have great potential to create viable business opportunities for the future. With this background, he will support the digital domain in building the most promising digital health ventures applying a human-centric approach to venture building - addressing the most pressing problems and finding the right solutions.
Thomas Kousholt
Venture Partner
Thomas joined NLC in January 2023. He has a background in technology and is a serial entrepreneur with 20+ years of experience building tech companies across different areas including mobile, AI, ecommerce and medtech. Thomas brings full startup lifecycle experience of raising funding, building, scaling and exiting. His expertise extends bringing digital health products to an international market and growing early-stage startups into profitable businesses. Thomas is passionate about the potential of digital technology to meet the challenges of the future of healthcare.
Tushar Sharma
CEO Ecomedic
Tushar joined NLC's Ecomedic Venture in 2023. Prior to Ecomedic, Tushar created and exited a generative AI startup, ZEG, which enabled synthetic media generation in various sectors including healthcare. ZEG was backed by prominent investors such as Mark Cuban and Jason Ball. He also worked at Blippar as Commercial Director for Education and Enterprise generating £1m+ ARR within 1 year. His expertise lies in building and scaling products across AI, SAAS, and marketplaces.