Innovation Nest

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H&M Foundation is a non-profit foundation established in 2013. It is privately funded by the Stefan Persson family, the founders and major shareholders of the H&M Group, who have donated SEK 1.5 billion to it to date. The foundation aims to help accelerate progress towards the UN Sustainable Development Goals 2030, by developing, funding and sharing solutions to address the world’s most urgent issues. It has a particular focus on promoting a planet-positive fashion industry and on building inclusive societies.Tackling mostly challenges associated with the fast fashion industry and its supply chain, H&M Foundation advocates for more sustainable practices across the fashion value chain and more inclusive business practices. The foundation is also actively involved in providing emergency relief for natural disasters or pandemics. It also aims to encourage innovation that promotes social change and sustainability. To this end, it provides startups support in accelerating and scale new technologies. It also runs the Global Change Award. Dubbed the Nobel Prize of fashion, this aims to recognise disruptive innovations that have the potential to make fashion more sustainable, and transform the way garments are designed, produced, shipped, bought, used and recycled. 

Nitesh Kadyan (also known as Nitesh Kumar) is a computer scientist, robotics engineer, inventor, maker and hacker. He was one of the three co-founders of Graviky Labs, a startup producing ink from captured carbon emissions. He worked at Graviky Labs from 2016–2018, during which he led its hardware development and prototyping. Currently, he works as a senior creative technologist at Lowe's Innovation Labs India.Kadyan holds a degree in computer science from the International Institute of Information Technology, Bangalore and did a research stint on AI and robotics at Freie University, Berlin. His background includes expertise in machine learning and embedded systems. Kadyan’s past projects include self-driving model cars, autonomous smart wheelchairs, an augmented reality interface for laser cutting, as well as machines that sketch and draw. He also founded a startup that does 3D printing in nearly any material, from plastic and metallic clay to chocolate, playdoh and fabric, and which was incubated at MIT Global Startup Labs 2014.Kadyan was named one of Foreign Policy magazine’s Top 100 Global Thinkers in 2016. He is a recipient of the Campus Diaries 25 Under 25 award, and is a two-time speaker at TEDx.

Argentinian native Nicolas Araujo Müller is co-CEO and co-founder at Psquared, Spain’s first flexible workplace management and design company for hybrid workspaces. He has worked there since its foundation in April 2018, originally as part of startup hub CoBuilder, and is now its CFO.  He is also a part-time advisor and investor at startup development agency We Are Grit, since its launch in 2020.Earlier, Araujo was CFO and co-founder at digital talent agency Bandit, for two years, until 2017. Before that, he held the same roles at his previous Barcelona-based startup, Nubelo, another tech recruitment agency for freelancers, between 2012 and 2016, when it was acquired by Freelancer.com.  In 2016, Araujo was a visiting professor at the Autonomous University of Barcelona on digital economy.His first startup was Work At Home in Argentina, where he was a co-founder for two years from 2011–13, for which he won local innovation prizes. Prior to this, Araujo held various management consultancy roles, working in business analysis and research at Ernst & Young, Standard & Poor’s and Accenture, from 2008–2012, and completed a stint at the US embassy in Buenos Aires. He is also a founding member of Argentina’s entrepreneur organization, ASEA, established in 2013. Araujo holds a degree in economics from CEMA University, Buenos Aires and a qualification from Harvard University in negotiation. In 2017 and 2013, Araujo was named in Forbes Argentina’s 30 Promesas list of young entrepreneurs. 

Rodrigo García González graduated in Architecture at the Technical University of Madrid (ETSAM) in 2009 and also completed various PhD courses in advanced architecture at his alma mater.In 2006, the architect student joined an EU Asia-Link sustainable humane habitat program that included stints at the Centre for Environmental Planning and Technology (CEPT) University in India. He also won a SMILE scholarship to study industrial design at Pontificia Universidad Católica in Chile for one year. In 2011, he obtained a scholarship to study industrial design and business at Umeå Institute of Design in Sweden. In 2014, he completed two master’s programs in innovation design engineering run by London’s Imperial College and Royal College of Art.In July 2014, he co-founded Skipping Rocks Lab, that was later pivoted into Notpla, a UK-based startup that develops compostable and edible packaging materials made of seaweed and other plants.Since 2007, he has worked with various institutions in Europe, Latin America and the US including Cornell University, CEPT, Imperial College and Royal College of Art. In 2016, he became a senior lecturer for a degree program in product and furniture design at Kingston University.He has two patents for his work on structural and deployable systems. His designs have also been featured in prestigious art centers like the Cite de l'Architecture of Paris and the Venice Biennale of Architecture.Other projects include the Hop! suitcase that can follow the user by tracking the signal of the user’s mobile phone and Aer, an artificial cloud that can evaporate “drinkable” water from the sea. He also developed Zipizip, an architectural system that enables the construction of several floors of a building in a few hours.

Maria Octavyani Manao graduated from Universitas Indonesia with a bachelor's degree in Psychology in 2012. She had interned at Unilever's human resources and upon graduation, joined one of its companies, Nestle. Maria left Nestle in 2014, working at other companies before establishing logistics service startup Pakde in 2017.

Self-styled “bio-based economy enabler”, Sharlini Eriza Putri has held various industrial engineering roles since graduating in 2009 with a bachelor's in Chemical Engineering from Institut Teknologi Bandung. She joined Nestle as a management trainee and later became a process engineer until 2013. She left Nestle to read a master's in Sustainable Energy (Mechanical Engineering) at Imperial College London. In 2015, she started an independent consultancy for sustainable energy in Jakarta.In 2016, she became the head of center of excellence for the sugar industry conglomerate Samora Group. In 2019, she set up Nusantics to sell skincare products with natural ingredients. In 2020, Putri left Samora to work full-time at Nusantics as CEO.

KapanLagi Network (KLN) is a media company that was co-founded in 2003 by Steve Christian and Eka Wiharto. Originally launched as KapanLagi.com, it was later expanded with the additions of specialist platforms such as the news portal Merdeka.com and football website Bola.net. KLN later merged with the Fimela Network of lifestyle websites in 2014, transforming the group into one of Indonesia’s major online content and media services player. KLN is 52% owned by Singapore’s MediaCorp, with well-known clients like Bank Mandiri, Telkomsel, Allianz and Nestle.

Headquartered in Madrid with satellite offices in Barcelona, London, Seattle and New York, Alma Mundi is a venture fund that aims to connect Spanish and Latin American entrepreneurs. Alma Mundi’s investments range between €500,000 and €5 million.Alma Mundi offers its investee companies direct access to a global network of investors and industry experts in leading technology ecosystems. Called the Mundi Club, the group comprises over 700 members from 41 cities worldwide. The group’s board members include advisers and executives from Merck, Havas, PepsiCo, Carrefour, Nestlé and HP. 

Founded in Chicago in 2011, Hyde Park invests in Midwestern US and occasionally Canadian startups from early-stage usually through two investment rounds across tech sectors.  It currently has 62 startups in its portfolio and has managed 12 exits to date. Its most recent investments in January 2021 include Canadian e-commerce site BlackCart’s $8.8m Series A round and US podcast database Podchaser’s $5.7m Series A round. In November 2020, it invested in real estate productivity software NestEgg’s $7m Series A round. 

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