PepsiCo has announced the 10 finalists of the third edition of the Greenhouse Accelerator Program in Asia-Pacific, an initiative aimed at supporting startups with innovative and sustainable solutions in the food and beverage industry.

The finalist companies are:

Calyx.eco (Australia)

Endua (Australia)

Beijing AIForce Technology Co. Ltd. (China)

Beijing Phabuilder Biotechnology Co. Ltd. (China)

Guangdong Databeyond Technology Co. Ltd. (China)

Service Enviro SCAD Inc. (China)

Shanghai Electric Group Co. Ltd. Central Academe (China)

Bali Waste Cycle (CV Bakti Bumi Berseri) (Indonesia)

Circular Unite (Singapore)

DEEGOLABs Inc (South Korea)

These companies, along with eight others from China, Indonesia, Singapore, and South Korea, will receive mentorship, funding, and access to PepsiCo’s global network of experts, as well as the opportunity to test their projects in real market conditions.

Each finalist will receive a grant of 31,500 Australian dollars, and at the end of the program, one of them will be awarded an additional 157,000 Australian dollars to help scale their solution.

“The Greenhouse Accelerator is becoming a powerful platform for finding promising ideas that address the major environmental challenges of the region,” explained Anne Tse, CEO of PepsiCo Asia-Pacific.