Rapid urbanization and the depreciating state of cities.
Cities are already hosting 55% of the global population, and it's expected to grow to 80% by 2050. Additionally, more than 1.4 million people are moving into cities every week.
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Technological advancements in hardware and software.
The convergency of major technology platforms such as AI, robotics, blockchain, and smart sensors, is enabling cities to be built faster, greener, smarter, cheaper, safer, and cleaner.
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The rising need for impact-at-scale in the grassroots.
Cities generate 80% of global GDP, produce 76% of business revenue, and their potential to produce mass impact on the ground is incredibly enormous.