Introducing the first of what'll be an occasional edition within my daily morning brief podcast -- Founder's Briefing. In this episode, Bhaktha Ram Keshavachar, founder and CEO of Chara Technologies, talks about a new funding round at his startup.

Chara, based in Bengaluru, specializes in building rare earth-free motors and matching controllers. That China, which has a near monopoly on the supply chain of rare earth minerals, has intensified its restrictions on their exports, is something of a tailwind for ventures like Chara.

In this briefing, Bhaktha covers the company's Series A funding of Rs. 52 crore, or about $6 million, which was announced yesterday, and how the money will help. Plans include, ramping up sales, further investment in new technology and products, and a significant increase in motor production capacity.

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IFC proposes $6M equity investment in African Catalyst Fund

The International Finance Corporation (IFC) plans to invest up to $6 million in Catalyst Fund, which is targeting a corpus of $40 million for early-stage climate-tech startups across Africa, Africa Private Equity News reports. Managed by Catalyst Impact Partners, the fund focuses on fintech for climate resilience, sustainable livelihoods, and climate-smart services in multiple African countries including Nigeria and Kenya. This investment supports the growth of early-stage climate solutions continent-wide.

Spain stands out for ESG and climate tech startups amid extreme weather

Spain, highly impacted by extreme climate events like heatwaves and floods, is emerging as a European leader in ESG and climate tech startups. Companies like Credibl use AI-powered platforms to help over 150 organizations meet sustainability goals, Novobrief reports. Supported by €163 billion EU green funds, Spain is advancing toward a low-carbon, resilient economy aligned with the EU Green Deal.

Iceland reigns as global climate tech leader in 2025

Iceland is recognised globally for its leadership in climate tech, excelling in geothermal energy, carbon capture and storage, and biotech innovations, Energy Digital reports. With projects like Carbfix converting CO2 to stone and advanced geothermal power, Iceland combines strong public leadership, research, and cross-sector collaboration to pioneer scalable, impactful climate solutions. Its renewable energy-powered tech scene is rapidly growing and influential worldwide.

India and UAE deepen cooperation in climate action and biodiversity

In Abu Dhabi, India's Union MoS for Environment Kirti Vardhan Singh met with UAE Environment Minister Dr. Amna Al Shamsi to strengthen collaboration on climate action, biodiversity, and sustainable development, Ministry of Environment, Forest and Climate Change states in a press release. India praised UAE's leadership at COP28 and its Mangrove Alliance for Climate initiative. Both nations plan to boost partnerships in global climate initiatives like ISA, CDRI, and LeadIT, advancing Mission LiFE goals together.

Ministry of New & Renewable Energy completes preparatory phase of Special Campaign 5.0

The Ministry of New & Renewable Energy (MNRE), along with its CPSUs and autonomous institutes, successfully completed the preparatory phase of Special Campaign 5.0 from September 15-30, 2025, as stated in a Ministry of New and Renewable Energy press release. The campaign aims to institutionalise cleanliness and efficiency in government offices.

GPS Renewables names ex-L&T executive as CPO

GPS Renewables has appointed Harikrishnan B as its Chief Projects Officer, a critical leadership position as the company expands its portfolio of large-scale biofuel infrastructure projects, it said in a press release.

GalaxEye sets 2026 Q1 for multi-sensor satellite launch

Space-tech startup GalaxEye has announced plans for its inaugural 'Mission Drishti' in the first quarter of 2026, to put its first synthetic aperture radar and high-resolution optical payloads on a single platform in space in low Earth orbit.

This first satellite is said to be India’s largest privately built spacecraft, weighing 160 kg. It also has the highest-resolution, according to a press release from GalaxEye. This launch initiates a constellation programme comprising 8–12 satellites to be deployed through 2029, aiming for near real-time Earth observation.

Mission Drishti utilizes GalaxEye’s proprietary SyncFused Opto-SAR technology. This multi-sensor configuration is designed to provide all-weather, all-time Earth observation data with 1.5-metre spatial resolution. The system, which recently underwent successful structural testing at ISRO, will support governments, defense agencies, and industries with geospatial analysis for applications including border surveillance, disaster management, and infrastructure monitoring.

China tightens rare earth export controls

China has expanded its restrictions on rare earth exports to safeguard national security and interests. The new rules add five more rare-earth elements to the existing control list, bringing the total to 12, Reuters reports. Export licenses will now be required for the production technologies of these minerals and for their overseas use, including for military and semiconductor applications. This move is seen as Beijing strengthening its leverage in trade talks with the US.

China is seeking assurances from India that rare earth magnets supplied by it will only be used locally for civilian purposes, and also that they will not be exported to the US, Economic Times reports.

India targets 5MMT annual hydrogen output by 2030

India's Petroleum and Natural Gas Minister, Hardeep Singh Puri, said that the country’s “Hydrogen Age has begun,” with a target to produce 5 million metric tonnes of green hydrogen annually by 2030, ET Energyworld reports. This would account for 10% of the global market. A key project is the NTPC Green Hydrogen Hub near Visakhapatnam, which will be one of the country's largest integrated green hydrogen facilities. The government's National Green Hydrogen Mission has an outlay of Rs. 19,744 crore to help achieve these goals.

Andhra Pradesh forms hydrogen advisory panel

The Andhra Pradesh government has formed a high-level advisory committee to promote the green hydrogen initiative 'Green Hydrogen Valley – Amaravati,' The Hindu reports. The panel, co-chaired by Dr. V.K. Saraswat and Chief Secretary K. Vijayanand, will guide the state's efforts in technology adoption, research, and infrastructure development. The goal is to make Andhra Pradesh India's largest green hydrogen hub by 2030, contributing to the country's sustainable hydrogen economy.

Tokamak Energy and Gauss Fusion partner to advance fusion

Tokamak Energy and Gauss Fusion have announced a strategic collaboration to accelerate the commercialization of fusion technology. The partnership will focus on advancing high temperature superconducting (HTS) magnets. This alliance brings together Tokamak Energy's expertise in HTS technology with Gauss Fusion's leadership in industrializing fusion energy. The companies aim to pool their industrial know-how to accelerate the path to the first generation of European fusion power plants.

Aavishkaar Group launches defence and deep-tech fund

Aavishkaar Group has partnered with Jamwant Ventures to launch the 'Jamwant Ventures Fund 2', India's first veteran-led defence and deep-tech fund. The new fund, targeting a corpus of INR 500 crore, is the first initiative under Aavishkaar's new 'OneAavishkaar' platform. The partnership aims to provide catalytic capital and strategic mentorship to indigenous startups, empowering them to drive innovation for national security.

Newtral raises funds for global expansion

Newtral Technologies, a climate-tech startup in Bengaluru, has raised $600,000 in funding from NOW Accelerate, Indian Startup Times reports. The capital will help Newtral expand its sustainability platform and prepare for a Series A funding round. As part of the partnership, NOW will provide venture-building resources and expertise to help Newtral scale its platform, which helps businesses measure, report, and reduce their emissions.

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ABB sells robotics unit to SoftBank for $5.375 billion

ABB has announced it will divest its Robotics division to SoftBank Group for $5.375 billion, a decision made as an alternative to spinning off the business, the company said in a press release. The move is expected to create immediate value for ABB shareholders and use the proceeds to improve its capital allocation. The transaction is expected to close in mid-to-late 2026.

Honeywell and LS Electric partner to innovate data center solutions

Honeywell and LS Electric have announced a global partnership to develop and market hardware and software for data centers and battery energy storage systems, the companies said in a press release. The collaboration will create integrated power solutions to simplify management and improve efficiency, helping data centers avoid costly downtime. They will also create a new grid and building-aware battery energy storage system.

Space Ocean signs deal to explore nuclear power for deep space

Space Ocean Corp and Space Nuclear Power Corporation have signed a Letter of Intent to explore using advanced nuclear power systems for deep space missions, the companies said in a press release. The collaboration will test a 10-kilowatt nuclear reactor on Space Ocean's ALV-N satellite. If successful, Space Nukes could become a primary supplier for Space Ocean's future lunar and planetary missions.

India's space economy projected to reach $44 billion by 2033

India's space economy is projected to reach $44 billion by 2033, up from $8.4 billion in 2022, according to Union Minister Dr. Jitendra Singh, addressing the “Satcom” at the India Mobile Congress 2025, according to a press release from the department of space. Regulatory reforms and private sector participation have driven this growth, leading to over 300 space startups.

The Minister noted that satellite communication will be critical for digital connectivity and financial inclusion in rural areas. India has commercially launched 433 foreign satellites, generating substantial revenue. The long-term roadmap includes establishing the Bharatiya Antariksh Station by 2035 and landing an Indian astronaut on the Moon by 2040.

Theia Ventures secures funding to boost India's clean energy transition

Theia Ventures has announced the first close of its new $30 million fund, with British International Investment as the anchor investor, the VC firm announced in a post yesterday. The fund will support around 20 early-stage Indian startups focused on decarbonizing sectors like heavy industry and mobility. The firm, which has already begun deploying capital, will invest between $500,000 and $1 million per company.

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Quantum Computing Inc. secures $750 million in private placement

Quantum Computing Inc. (QCi), an integrated photonics and quantum optics company, has successfully closed an oversubscribed private placement, raising $750 million, according to a press release carried by Quantum Insider. The company will use the proceeds to commercialise its technology, fund strategic acquisitions, expand production, and for other corporate purposes.

55 North launches world's largest dedicated quantum fund

55 North, a new Copenhagen-based venture capital firm, has announced the first close of its inaugural quantum technology fund, raising €134 million. The fund, which aims for a total of €300 million, is backed by Novo Holdings and EIFO.

Owlstone Medical receives up to $49.1 million for at-home cancer tests

Owlstone Medical has been awarded up to $49.1 million by the US Advanced Research Projects Agency for Health (ARPA-H), the Cambridge, UK company said in a press release. The funding will support the development of at-home multi-cancer early detection tests using breath and urine samples, aiming to detect over 30 types of solid tumors at Stage I. The project, part of the POSEIDON program, is a collaboration with multiple partners including MIT and Boston University.

Energy Robotics secures $13.5 million to scale operations

Energy Robotics, a Germany-based AI software platform provider for autonomous robot inspections, has raised a successful $13.5 million Series-A funding round, the company said in a press release. The investment will be used to accelerate the commercial deployment of its software in critical infrastructure sectors, addressing challenges like a shrinking skilled workforce and aging equipment, while improving safety and efficiency.

Australian researchers set solar cell efficiency record

A University of Sydney-led team has set a new global record for large triple-junction solar cell efficiency, Bioengineer reports. A 16 cm² perovskite-based cell achieved a certified 23.3% efficiency, while a smaller cell reached 27.06% and demonstrated superior thermal stability. The breakthrough, published in Nature Nanotechnology, is a key step towards next-generation solar technology.

IIT Madras launches national employability program

The Indian Institute of Technology Madras (IIT Madras) has introduced the National Internship, Placement Training, and Assessment (NIPTA) programme, the institute said in a post.

QWR and Kaynes partner to build India's first XR manufacturing hub

QWR Interactive Solutions and Kaynes Technology India have partnered to create India's first integrated hub for manufacturing Extended Reality (XR) devices, Analytics India Magazine reports. The collaboration will focus on designing and producing augmented and virtual reality headsets and smart glasses, with the goal of reducing import dependency by up to 50% and creating over 1,000 skilled jobs.

Indian electronics manufacturers expected to report strong growth

Indian electronics manufacturing services (EMS) companies are poised for strong Q2FY26 growth, with Kaynes, Syrma, and AVAL leading the way, analysts at PL Capital said in an earnings preview report for the fiscal second quarter or the July - September period. The report predicts a rise in profitability, driven by a strategic shift towards high-margin sectors.

Morphing Machines raises Rs. 38.36 crore in Series A funding

Morphing Machines, a Bengaluru-based fabless semiconductor company, has raised Rs. 38.36 crore ($4.32 million) in a Series A funding round, according to multiple news reports. The round was led by IAN Alpha Fund, with participation from Speciale Invest, IvyCap Ventures, and Navam Capital. The funds will be used to build and test the company's first chip, expand its team, and begin pilot projects with data center customers.

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Minister Dr. Jitendra Singh launches Emerging Science, Technology & Innovation Conclave

Union Minister Dr. Jitendra Singh launched a curtain-raiser for the Emerging Science, Technology & Innovation Conclave (ESTIC-2025), according to a ministry press release yesterday. The three-day conclave to be held in Delhi starting Nov. 3, will focus on what are now called ‘frontier technologies’ including semiconductors, AI, quantum computing, biotech, space, and clean energy. It is designed to be a platform for young innovators, startups, and researchers to showcase their solutions and connect with industry leaders.

DPIIT and Thermo Fisher Scientific to support 500 biotech startups

India’s Department for Promotion of Industry and Internal Trade (DPIIT) has partnered Thermo Fisher Scientific to launch the BioVerse Challenge, a national programme aimed at supporting 500 biotech startups in India over the next three years, according to a press release from the commerce ministry. The collaboration will provide mentorship, access to advanced R&D facilities, and investor connections. This initiative is a key step towards achieving India's vision of building a $300 billion bioeconomy by 2030.

Eli Lilly to invest over $1 billion in India manufacturing expansion

US pharmaceutical company Eli Lilly will invest more than $1 billion to expand its manufacturing and supply capabilities in India, Reuters reports. The investment includes new contract manufacturing facilities and a new manufacturing and quality hub in Hyderabad. The company's goal is to strengthen its global supply chain and leverage India's skilled workforce to increase the availability of key medicines for conditions such as diabetes, obesity, and cancer.

RoosterBio and Secretome Therapeutics complete large-scale production for clinical cell therapy

RoosterBio and Secretome Therapeutics have successfully completed large-scale bioreactor production of STM-01, a cell therapy candidate for heart failure currently in clinical trials, the US companies said in a press release.

California to create statewide strategy for quantum technology

California has enacted a new law, Assembly Bill 940, to establish a statewide strategy for the quantum technology sector, Quantum Insider reports. Led by the Governor's Office of Business and Economic Development (GO-Biz), the plan aims to attract investment, foster job growth, and coordinate public-private partnerships. The initiative, backed by $4 million in state funding for research, seeks to translate the state's academic research into commercial applications, ensuring California's global competitiveness in this transformative field.

Firefly Aerospace acquires SciTec in $855 million deal

Firefly Aerospace has acquired SciTec, a national security technology firm, for $855 million to enhance its space services, the two US companies said in a press release. SciTec’s defense software analytics and capabilities in missile warning, tracking, and intelligence will bolster Firefly’s offerings in the growing military-space sector. SciTec will operate as a unit of Firefly, which is now poised to strengthen its position as a major space technology provider, known for its small- to medium-lift launch vehicles, lunar landers, and orbital vehicles.

Einride raises $100 million for autonomous freight deployments

Einride, a startup in Sweden specializing in autonomous and electric freight technology, has secured $100 million in new funding, the company said in a press release. The capital will be used to accelerate the deployment of its self-driving trucks, advance its technology, and expand its customer base. The funding follows a year of significant growth for the company, including a doubling of its net sales and expansion into new markets.

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Climate change is disrupting global wind patternsClimate change is disrupting global wind patterns, which is intensifying sand and dust storms, wildfires, and extreme weather events, Mongabay reports. This poses a growing threat to human and planetary health, with sand and dust storms affecting 330 million people annually. Conversely, some regions are experiencing "wind droughts," which can concentrate pollutants and impact renewable energy.

Serena closes $215M AI and climate tech fundParis-based venture capital firm Serena has closed the first part of its fourth flagship fund at €200 million, ESG News reports. The fund will invest in early-stage startups focused on artificial intelligence and climate technology, with up to €15 million per company. Notable previous investments include Dataiku and Electra. The firm aims for a final target of €250 million by 2026.

OpusFlow secures €3.8M for renewable energy automationOpusFlow, a European startup, has raised €3.8 million in an oversubscribed funding round, Tech Funding News reports. The company's all-in-one platform automates renewable energy installations and aims to reduce administration time by up to 80%. The new capital will be used for European expansion, including the UK, Germany, and Spain.

IGRPL secures largest single-bank funding for biofuelsIndianOil and GPS Renewables joint venture, IGRPL, has secured a $95 million loan from Indian Bank, the company said in a press release last week. The funding, the largest single-bank debt for the sector, will be used to build nine compressed biogas plants. These plants will convert agricultural waste, like paddy straw, into biofuel, with all projects expected to be completed in 2026.

Tata Chemicals and TERI launch biochemicals centreTata Chemicals and The Energy and Resources Institute (TERI) have launched a Centre of Excellence on Biochemicals in New Delhi, according to a press release. The center will develop technologies for sustainable biochemicals from renewable feedstocks. Its initial focus is on producing 2,3-Butanediol, a chemical used in plastics, pharmaceuticals, and bio-jet fuel. The facility is equipped with state-of-the-art bioreactors to help bridge the gap between lab-scale innovation and commercial production.

Boson Whitewater wins award for wastewater treatmentBoson Whitewater, a water utility company, has won an award for Excellence in Wastewater Treatment and Reuse at the FICCI-ISC Sanitation Awards. Supported by the Ministry of Housing and Urban Affairs and the Ministry of Jal Shakti, the company was recognized for its advanced 11-step filtration process that converts treated sewage into drinking water. The award is expected to help the company expand its operations across India.

SusVentures, PIEDS launch climate tech residency programmeSusMafia and the Pilani Innovation & Entrepreneurship Development Society (PIEDS) have launched the SusVentures Climate Residency Programme, a one-month in-person programme in Bangalore, according to a post by SusVentures. The programme offers founders at the earliest stage of their climate tech journey mentorship, business insights, and networking opportunities. It also provides a practical action plan and Rs. 15-20 lakhs in grant support to help founders validate their ideas and build a proof of concept. The last date to apply is this week Friday, Oct. 10.

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India plans 20-year tax exemption, GST credits to boost data centres
The Indian government may grant a 20-year tax exemption and GST credits to supercharge investment in domestic data centres, Moneycontrol reports. This policy aims to attract global hyperscale players, cut costs, and accelerate infrastructure for digital services, cloud computing, and AI. The move could transform India's data centre landscape with incentives for long-term growth and sustainability

Tata Technologies acquires Germany’s ESTEC for ₹750 crore to expand in Europe
Tata Technologies has acquired German company ESTEC for ₹750 crore, enhancing its capabilities in advanced driver assistance systems (ADAS) and comfort electronics, Economic Times reports. The deal supports Tata Tech’s European growth strategy, strengthens its joint venture with BMW, and will immediately boost profitability. The acquisition comes without headcount cuts, with team expansions planned in Germany, Morocco, and India.

Indian scientists create foldable, eco-friendly aluminum battery for future devices
Researchers at CeNS and IISc Bengaluru have developed a flexible, safe, and eco-friendly battery using aluminum and a water-based solution to replace lithium-ion batteries, according to a press release. Their innovation features a copper hexacyanoferrate cathode and molybdenum trioxide anode, delivering stable performance even while bent. The battery maintains over 96 percent power after 150 cycles and promises safer smartphones, EVs, and smart wearables.

QuiX Quantum raises €15m to build Europe's first universal quantum computer
QuiX Quantum, based in the Netherlands, secured €15 million in Series A funding to deliver its first-generation universal photonic quantum computer in 2026, Oost NLreports. Their system promises room-temperature scalability and enhanced capabilities for sectors like healthcare, IT, and advanced manufacturing. The funding strengthens Europe’s quantum tech ecosystem and aims for fault-tolerant quantum computing breakthroughs.

NUS Enterprise launches new VC partnerships and Stanford tie-up to boost startups
NUS Enterprise has expanded its venture capital programme with two new co-investment partnerships totalling S$20 million, and began a S$2 million pilot collaboration with Stanford University, Business Times reports. The initiatives aim to connect NUS spin-off startups to global investment, reinvest profits in education, and strengthen deep-tech innovation. Students will gain hands-on experience tackling industry challenges with world-leading mentors.

Stargate Hydrogen, RDI sign MoU to boost Saudi green hydrogen innovation
Stargate Hydrogen, in Estonia, has signed a Memorandum of Understanding with Saudi Arabia’s Research, Development, and Innovation Authority to accelerate green hydrogen innovation in the Kingdom, Hydrogen Central reports. The agreement includes setting up Stargate’s regional headquarters in Riyadh, collaborating with Saudi academic and manufacturing partners, and advancing local technology transfer, all supporting Saudi Vision 2030 and deep-tech sustainability goals.

CerraCap Ventures invests in Enginius.ai to advance secure AI for engineering
CerraCap Ventures has backed Enginius.ai, an AI platform delivering bespoke solutions for regulated industries like aerospace and pharma, the firm said in a press release. Enginius integrates large language models with enterprise-grade security and specialized assistants for technical search, documentation, review, and simulation. The tools accelerate engineering workflow while ensuring compliance, accuracy and data security, supporting complex product development across sectors.

Cailabs secures €57m to scale photonics, ramp up ground station output
French photonics startup Cailabs has raised €57 million in a funding round led by the European Investment Bank and top European investors to accelerate industrial scale-up, Silicon Canals reports. The investment will help produce up to 50 optical ground stations annually by 2027, expand international operations, and advance next-gen laser communications for space, defense, and commercial networks.

Byome Labs raises €3.6M for instant microbiome-based skincare solutions
Byome Labs, a French deep-tech startup, has raised €3.6 million to industrialize production of its Byome Derma kits, enabling instant, point-of-sale skin microbiome testing for personalized recommendations, Silicon Canals reports. The technology offers AI-powered suggestions using antigenic strips and will be integrated as a white-label solution for brands, with international rollout planned for 2026 and expanded R&D hiring.

Supercritical names ex-BP executive Siobhan Clarke as chair to drive green hydrogen
Supercritical, a UK-based innovator in high-pressure electrolyser technology for green hydrogen, has appointed Siobhan Clarke, former BP and Cisco executive, as Chair to lead its next growth phase, Fuel Cells Works reports. Clarke’s leadership comes as Supercritical prepares for a major pilot in 2027, targeting scalable, cost-effective hydrogen production for industry decarbonization.

Menlo Ventures promotes Deedy Das to partner after AI investing successes
Menlo Ventures has promoted Deedy Das to Partner, recognizing his achievements in launching the $100M Anthology Fund with Anthropic and driving early-stage AI investments like Goodfire and OpenRouter, the VC firm, famous for its exits from Uber, Siri and Tumblr, said in a post on its website. Das, with prior roles at Facebook, Google, and Glean, is known for technical depth and influence in the AI community, co-authoring key LLM market analysis and gaining wide following among founders and engineers.

OpenAI chair Bret Taylor says AI is a bubble, but predicts lasting value

OpenAI board chair Bret Taylor, echoing CEO Sam Altman, believes the industry is in an AI bubble where many will lose money, similar to the dot-com era, TechCrunch reports. However, Taylor insists AI will transform the ...

Union Minister Gadkari unveils roadmap for sustainable transport at SIAM meet

Union Minister for Road Transport and Highways Nitin Gadkari set out India’s sustainable transport vision at the 65th annual convention of the Society of Indian Automobile Manufacturers, stressing global alignment on BS7 (Bharat Stage 7) and CAFE (corporate average fuel efficiency) norms to cut air pollution, according to a press release from the transport ministry. He highlighted biofuel adoption, the vehicle scrappage policy, and plans to lower logistics costs, while announcing rewards and insurance for road accident helpers to improve road safety and industry sustainability.

Coal ministry spotlights gasification for India’s clean energy future

The Ministry of Coal hosted a Mumbai roadshow on coal gasification, highlighting its role in India’s energy transition and industrial growth, according to a press release from the ministry. Officials stressed using coal gasification—including underground technologies—to create clean energy, chemicals, and hydrogen, while reducing imports and boosting economic self-reliance. The government is scaling R&D, innovation, and private partnerships to ensure safe, sustainable deployment of gasification projects nationwide.

IIT Madras start-up deploys cleaner, cost-saving wastewater tech

JSP Enviro, incubated at IIT Madras, has launched and field-proven its BEADS wastewater treatment system in industries in Tamil Nadu, according to a press release from the Press Information Bureau. The technology, which operates anaerobically without electricity or chemicals, reduces sludge and recovers energy. Each 100m³/day installation avoids 80 tons of CO₂ annually, promising ROI in 3–4 years. JSP Enviro aims to scale nationwide, unlocking climate and financial gains for manufacturers.

Bartronics India enters climate tech with carbon credit push

Bartronics India has partnered RenewCred, a climate-tech start-up, to launch blockchain-based carbon credit solutions for Indian farmers, according to a press release. The collaboration will enable over 40 million rural farmers to earn revenue by adopting sustainable practices, verified via drones and blockchain. The move marks Bartronics’ pivot from rural fintech to agri- and climate-tech, aiming to boost rural incomes and climate action.

IFC boosts responsAbility Asia climate tech fund past $400M

UK money manager M&G’s responsAbility Investments has raised more than $414 million for its Asia Climate Strategy, following a $50 million IFC investment, ESG Today reports. The fund targets renewable energy, battery storage, e-mobility, and circular economy, aiming to cut 16 million tons of CO₂. With completion near its $500 million goal, it mobilizes capital for Asia’s energy transition and offers diversification for institutional investors.

Vireo Ventures closes €50M fund to back Europe’s clean electrification

Berlin-based Vireo Ventures has closed its €50 million Electrification Fund I to support early-stage startups in Europe’s energy transition, Tech Funding News reports. The fund targets pre-seed to Series A companies advancing grid electrification, storage, and decarbonization. Investors range from pension funds to corporates, and the portfolio includes innovators in energy management, storage, and e-mobility—boosting the region’s path to net zero.

Solenery raises $750K to scale AI-powered clean energy platform

Toronto-based Solenery raised $750,000 in pre-seed funding to expand its AI platform, which streamlines clean energy adoption for Canadian homeowners and businesses, Clean Energy reports. Solenery delivers local feasibility, savings, and incentives by postal code, connecting users to vetted installers and rebates. The company aims to accelerate Canada’s net-zero transition by making solar and clean tech adoption more accessible and frictionless.

UNICEF backs climate tech to protect world’s most vulnerable

UNICEF is investing in frontier climate tech solutions, focusing on open-source and local innovations that protect children from climate change impacts like extreme heat and pollution, the UN children’s unit said in a recent post. Its Venture Fund supports early-stage startups using AI, data, and digital tools for health and resilience, aiming for scalable, equitable impact in emerging markets. The initiative also shapes global digital policy on child-centered climate action.

Amazon picks 11 climate tech startups for its 2025 net zero

Amazon has invited 11 new start-ups and scale-ups to join the second edition of the ClimateTech cohort of the Amazon Sustainability Accelerator, a programme designed to accelerate the development of climate breakthrough technologies, the company said in a post last week.

The four-week programme combines expert-led workshops, mentoring sessions, and leadership panels. It also gives some participating companies the opportunity to run a pilot with Amazon’s European operations. Selected from more than 550 applications, these innovative companies address three crucial environmental challenges: energy efficiency, waste reduction, and water management.

The selected startups are:

Mhor Energy (UK): Flow batteries storing energy in liquid for long-term, high-temperature use.

Cartesian (Norway): State-changing thermal batteries storing and releasing energy for grid management.

Over Easy Solar (Norway): Lightweight, upright solar panels for buildings unable to use conventional panels.

Active Surfaces (US): Ultra-thin, flexible perovskite solar sheets for quick, material-efficient installations.

Omniflow (Portugal): Hybrid wind-solar streetlights saving 90% energy, supporting smart city features.

Blue Frontier (US): Air conditioners using liquid desiccant to cut energy use by up to 90%.

Shayp (Belgium): AI water monitoring solution to reduce leaks and cut consumption in buildings.

Solaq (Netherlands): Shipping container-based systems converting atmospheric moisture into drinking water.

NANDO (Italy): Smart waste monitori...

Quantum reference hub launched in Amaravati

The Andhra Pradesh government inaugurated what is said to be India’s first Quantum Reference Facility in Amaravati, backed by Rs 40 crore and support from the National Quantum Mission, Dev Discourse reports. The project focuses on testing, benchmarking, and characterizing quantum hardware, with strategic partnerships from IBM and TCS. This move aims to turn Amaravati into a global quantum innovation hub, accelerating India's quantum computer manufacturing ecosystem and reducing import dependency.

Ascent launches advanced PCB manufacturing hub in Hosur

Ascent Circuits, which is part of Gurugram-based Amber Group, is establishing a PCB manufacturing facility in Hosur, Tamil Nadu, with a Rs 1,100 crore investment, the company said in a press release. The greenfield project is the first PCB facility acknowledged under the Electronics Components Manufacturing Scheme. Specializing in complex multilayer and HDI PCBs for telecom, automotive, and aerospace sectors, it will produce 1 million square meters annually, supporting the Atmanirbhar Bharat vision and reducing import dependency.

IIT Madras expands free 'AI for All' courses to K-12 teachers nationwide

IIT Madras has expanded its ‘AI for All’ initiative, offering six free online courses via SWAYAM Plus to school teachers nationwide, including a new ‘AI for Educators’ course for K-12, according to a post on the institute’s website. Designed for all disciplines, these courses require no coding experience and promote AI literacy, employability, and inclusive teaching. Registration is open until October 10, with certification available for a nominal fee.

Robotics tech market size to surge with AI and healthcare push

The global market for robotics technology will grow 4X from about $95 billion in 2024 to $376 billion by 2034, driven by automation, AI, cobots, and healthcare innovations, Precedence Research projects, according to a press release. Asia Pacific leads the sector, while Europe is set for fastest growth. Cobots and healthcare applications are expanding rapidly, supported by Industry 4.0, e-commerce logistics, and robotics-as-a-service model. Sustainability and IoT/cloud integration are major industry trends.

SpeedBot Robotics raises $14m for smart factory vision

SpeedBot Robotics has raised $14 million in Series B+ funding aimed at expanding its industrial machine vision offerings, IMV Europe reports. The funding will support development in automated inspection and measurement technologies, crucial for improving efficiency and quality in smart manufacturing. This growth positions SpeedBot to drive innovation in robotics, AI, and automation for the industrial sector.

Caeli secures ESA funding for climate tech

Caeli, an Amsterdam based startup, has received funding from the European Space Agency to expand its use of space-derived data and technology, named Carbon Eye, for climate resilience and environmental innovation, CoinTurk Finance reports. The funding will help accelerate the company’s product development and scale impact in climate monitoring, supporting its mission to deliver advanced data-driven solutions for a sustainable future.

Crion Technologies raises ₹3.5 crore for digital twin

Crion Technologies, a startup incubated at the IIT Madras Research Park, has raised ₹3.5 crore funding from SIG Tattva, boosting its flagship Clonos digital twin platform, Indian Startup Times reports. Founded in 2016, Crion specializes in AI, IoT, AR/VR, and cloud tech for industrial asset simulation and monitoring. The investment helps scale Crion’s enterprise partnerships and product deployment, while supporting SIG Tattva’s Pilot Before Pitch program for early-stage deep-tech startups.

Edinburgh regional deep tech supercluster programme launched

A regional deep tech supercluster programme was launched in Edinburgh, designed to unite industry, academia, and government to foster cutting-edge R&D, boost investment, and create high-impact jobs, Digit reports. This is part of a wider deep tech initiative in Scotland, according to the report. By providing funding, networking, and infrastructure, the programme will help scale regional startups, encourage collaboration, and strengthen the deep tech ecosystem for global competitiveness.

India targets domestic solar cell manufacturing by 2028

Union Minister Pralhad Joshi announced yesterday India’s plan to build a complete domestic solar value chain by 2028, advancing beyond modules to wafer and ingot production, according to a press release from the ministry of new and renewable energy. Schemes like PM Surya Ghar and PM-KUSUM help drive renewable deployment, with 251.5 GW of non-fossil capacity already installed. The PLI scheme and GST cuts further spur manufacturing, jobs, and sustainability in the renewable energy sector.

India launches ₹100 crore scheme to boost hydrogen innovation

Minister Joshi also announced new funding of ₹100 crore to support start-ups focused on hydrogen technology, offering up to ₹5 crore per pilot project, according to a press release. The conference highlighted India's rapid progress under the National Green Hydrogen Mission, including port-based pilots, major corporate investments, and international collaborations. By 2030, India targets five million metric tonnes of green hydrogen production, 125 GW new renewable capacity, massive CO₂ reduction, and six lakh new jobs.

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Komatsu invests in autonomous mining with AI

Komatsu has announced what the Japanese heavy industries giant described as its most significant technology investment, partnering autonomous vehicle software maker Applied Intuition to integrate AI-powered Vehicle OS into its mining fleet, Mining.com reports. This multi-year deal aims to accelerate autonomous vehicle rollout, improve safety and energy efficiency, and address sector challenges like labour shortages and decarbonization. The move marks a major step toward modernizing mining as global pressures and demand for smarter haulage systems rise.

Hesai plans $500M Hong Kong dual listing

Hesai Group, the world's largest automotive lidar sensor supplier, is pursuing a dual primary listing in Hong Kong to raise up to $500 million, South China Morning Post reports. The Shanghai-founded firm will offer 17 million shares, targeting both local and global investors. Hesai supplies lidar to major EV and robotics companies, with 28 percent of 2024 revenue from exports to North America, Europe, and Asia-Pacific.

LeydenJar raises €13M to launch silicon anode factory

Dutch battery startup LeydenJar has raised €13 million in equity funding, led by Extantia and Invest-NL, for its Eindhoven PlantOne facility, which will be the world’s first to mass-produce 100 percent silicon anodes for lithium-ion batteries, EU Startups reports. LeydenJar’s technology boosts battery energy density by 50 percent, enables charging under 12 minutes, and slashes CO₂ emissions by 85 percent. The factory, expected operational by 2027, can produce enough material for 5 million smartphone batteries per year.

EndureAir raises $2.85M for UAV expansion

EndureAir Systems, a Noida-based deep-tech UAV startup, has raised $2.85 million led by IAN Alpha Fund to enhance its defense-focused aerial robotics and expand into enterprise markets, Entrackr reports. Founded in 2018, EndureAir develops indigenous drones fully in-house and holds eight patents. Its portfolio includes heavy-lift logistics UAVs, long-endurance drones for medical delivery, and nano-UAVs for rescue missions.

Aeronero 2.0 debuts scalable air-to-water tech

Aeronero Solutions, in Bengaluru, has launched Aeronero 2.0, its next-gen Air Water Generation (AWG) system featuring its proprietary technology, Condessa, and its Aquair platform, designed for decentralized, climate-resilient water supply, the company said in a press release. The company has 13 patents from its knowhow, and is seeing strong commercial growth, according to the press release. Aeronero says its solution can be scaled from home to industrial capacity, delivering clean, mineral-enriched water.

HAL to produce India’s SSLV via landmark ISRO tech transfer

ISRO, NSIL, IN-SPACe, and HAL have signed India’s 100th Technology Transfer Agreement, enabling HAL to absorb and mass-produce the Small Satellite Launch Vehicle (SSLV) for domestic and global markets over a 24-month transition, the government agencies said in a press release. ISRO will provide training, helping HAL shift from component supplier to comprehensive launch provider, strengthening India’s commercial space launch capacity and deep-tech ecosystem. The move aims to significantly increase access to SSLVs and position India as a global leader in affordable satellite launches.

C-CAMP, Nagaland sign MoU for innovative healthcare rollout

India’s Centre for Cellular and Molecular Platforms, C-CAMP, and the Government of Nagaland have signed a strategic MoU to strengthen public healthcare by deploying indigenous health technologies targeting state-specific challenges. The partnership builds on previous COVID-19 interventions and aims to enhance infrastructure, train healthcare workers, and implement innovations in maternal and child health, non-communicable diseases, and other critical areas for equitable, quality care.

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Scintil Photonics raises $58M to scale integrated photonics for AI

Scintil Photonics, based in Grenoble, secured $58 million in Series B funding to accelerate global production of its integrated Photonic System-on-Chip (PSoC) solutions for AI infrastructure, Tech.EU reports. Its LEAF Light engine, based on SHIP technology, enables high-density optical connectivity at much lower power, supporting next-gen AI data centers. Investors include NVIDIA, Yotta Capital, and NGP Capital.

Agate Sensors scores €5.6M to bring lab-grade spectral sensing to devices

Finland’s Agate Sensors has raised €5.6 million, led by Voima Ventures and LIFTT with Business Finland support, to commercialize its miniature, chip-scale spectroscopy solution, AIN reports. Their technology shrinks lab-grade spectral analysis to a single-pixel chip, unlocking light-based intelligence for health, defense, and wearables. Initial chip production begins by year-end, with commercial smart wearables expected by late 2027.

Space DOTS raises $1.5M to advance in-orbit space materials testing

London-based Space DOTS, led by Bianca Cefalo, has secured $1.5 million in seed funding from Female Founders Fund, Feel Ventures, and GE to expand in-orbit material testing for satellites, Tech Funding News reports. The capital will boost SKY-I, a platform combining space sensor data with external intelligence to pinpoint orbital threats and anomalies, supporting satellite reliability and rapid environmental analysis.

MCatalysis raises seed round to commercialize microwave catalysis

Dallas-based MCatalysis, Inc. secured seed funding from HL Energy Ventures to scale Oxford University’s microwave catalysis technology for circular, clean fuels and chemicals, the company said in a press release. With exclusive global rights from Oxford University Innovation, MCatalysis aims to efficiently upcycle waste carbon using advanced microwave processes and catalysts. The funds accelerate tech development, supporting more sustainable, cost-effective chemical production.

Deakin University and Telangana to jointly advance AI innovation

Deakin University and the Telangana government have signed a Letter of Intent to establish an AI Centre of Excellence in Hyderabad, Economic Times reports. The collaboration aims to drive innovation in healthcare, education, and governance, accelerate responsible AI adoption, and upskill the local workforce. The initiative is designed to make Telangana a global hub for ethical, inclusive AI development.

University of Hyderabad launches Centre for Alternate Protein Research

The University of Hyderabad and ASPIRE-BioNEST, with Cytiva’s support, have inaugurated the Centre for Alternate Protein Research to drive innovation in sustainable food technologies, Telangana Today reports. The new facility will foster research, startups, and scalable protein alternatives, including plant-based and microbial proteins. It aims to strengthen food security, nutrition, and climate resilience through translational research and entrepreneurship.

Aavishkaar plans deep tech fund

Impact investor Aavishkaar Group will launch a new equity fund focused exclusively on Indian deep tech and impact ventures, Nikkei reports. Founder Vineet Rai says the fund aims to harness advanced technologies like artificial intelligence to tackle economic inequality in low-income communities.

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India’s first telecom system with indigenous chips gets TEC certification

India has certified its first telecom system powered by fully indigenous semiconductor chips, marking a pivotal milestone for technological self-reliance, The Hindu reports. The TEC approval verifies compliance with stringent quality and performance standards, boosting the ‘Make in India’ initiative. IT Minister Ashwini Vaishnaw called this a big leap for the nation’s semiconductor ambitions and a signal that Indian-made chips now meet global benchmarks for telecom applications.

India plans leap to 7nm chip manufacturing within seven years

The Government of India has unveiled a five-to-seven-year strategy to acquire technology and establish domestic manufacturing of advanced 7nm semiconductor chips, Business Standard reports. This builds on Tata group's ongoing Rs. 91,000 crore wafer fab investment, which starts with producing 28nm chips. The roadmap marks a significant step towards technological self-reliance, with the Ministry of Electronics confirming a clear plan for deepening chip capability.

India sets bold targets for space station and lunar astronaut missions

At the International Conference on Space 2025, Minister Dr. Jitendra Singh announced India’s aim to build a Bharatiya Space Station by 2035 and land an Indian astronaut on the Moon by 2040, according to a press release from the ministry of science and tech. The government also highlighted upcoming missions to Mars, Venus, and asteroids, rapid startup growth, and international collaborations. The vision positions India as a global leader, driving innovation, jobs, and space-powered progress for all sectors.

Starlink accelerates partnerships for India satellite broadband rollout

Elon Musk’s Starlink is finalizing deals with data centre operators, fibre providers, internet exchanges, and major telecom firms including Airtel and Jio to build the terrestrial infrastructure for satellite connectivity in India, Economic Times reports. With trial bandwidth secured, 17 ground station sites picked, and initial capex of Rs. 500 crore, Starlink aims to anchor direct-to-cell broadband amid regulatory requirements for local routing. Competitors Kuiper and Globalstar are also entering the market.

Karnataka approves land for Quantum City in Bengaluru

The Karnataka government has allotted 6.17 acres at Hessarghatta, near Bengaluru, for a ‘Quantum City’ to advance quantum tech research, startups, and academic-industry collaboration, Times of India reports. Announced by Science and Technology Minister N S Boseraju, the initiative aims to help build a $20 billion quantum economy by 2035. The project integrates R&D, innovation hubs, and production clusters, solidifying Bengaluru’s role as a quantum innovation hub.

Penn physicist Charles Kane wins 2025 Lorentz Medal for topological insulators

Charles Kane of the University of Pennsylvania has received the 2025 Lorentz Medal, awarded by the Royal Netherlands Academy of Arts and Sciences, for his pioneering research on topological insulators, Quantum Insider reports. His work includes the prediction of the quantum spin Hall effect and breakthroughs enabling new quantum materials. The prestigious honor highlights applications ranging from low-power electronics to quantum computing.

Hyundai’s Supernal pauses air taxi program after executive exits

Supernal, Hyundai’s electric air taxi startup, has paused work on its aircraft amid staff cuts and the departures of both CEO Jaiwon Shin and CTO David McBride, TechCrunch reports. The company recently completed its first flight tests and had targeted a 2028 commercial launch. Interim COO David Rottblatt now oversees operations while new leadership is sought, reflecting wider turbulence in the eVTOL sector following similar issues at other mobility startups.

China’s Unitree Robotics targets $7 billion IPO valuation

Unitree Robotics, a Chinese leader in humanoid and quadruped robotics, is planning an initial public offering with a target valuation of up to ¥50 billion ($7 billion), Reuters reports. Backed by investors like Alibaba, Tencent, and Geely, Unitree will file for listing on Shanghai’s STAR Market in Q4 2025. The IPO could be one of China’s biggest tech listings, highlighting investor interest in robotics and local policy support for tech unicorns.

Ronovo Surgical secures $67M Series D, announces J&J collaboration for Carina robot

Shanghai’s Ronovo Surgical has closed a $67 million Series D led by Johnson & Johnson’s JJDC, bringing its 2025 funding to over $100 million, according to The Robot Report. The deal includes a targeted collaboration with J&J MedTech to accelerate commercialization of its Carina modular surgical robot in China, which is now approved for general, gynecological, urological, and thoracic surgeries. Ronovo is expanding globally, with regulatory submissions in Europe and South America.

OpenAI unveils job-matching platform to compete with LinkedIn

OpenAI has revealed plans for its AI-powered Jobs Platform, launching in mid-2026, to connect employers and workers more efficiently and challenge LinkedIn’s dominance, TechCrunch reports. The service targets businesses, local governments, and tech talent, and will offer AI literacy certifications via its Academy, with a pilot set for late 2025. OpenAI aims to certify 10 million Americans by 2030 and is collaborating with Walmart for rollout.

Godfather of AI warns of catastrophic job losses from automation

AI pioneer Geoffrey Hinton cautions that artificial intelligence will fuel corporate profits but trigger massive unemployment, worsening inequality as workers are replaced by machines, NDTV reports, citing a Financial Times article that’s behind a paywall. Hinton stressed that a few would grow richer, while most will become poorer, calling the trend a result of capitalism rather than AI itself. Experts warn up to 99 percent of jobs may be automated by 2030, with social disruption likely.

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Nobel laureate urges open sharing of climate technologies

Joseph Stiglitz, a Nobel Prize winning economist, has called for climate technologies to be shared freely to accelerate global decarbonization and ensure equitable access to solutions worldwide, Research Professional News reports. The appeal highlights concerns that restricting climate tech through patents or proprietary deals could slow progress on emissions reduction and sustainability goals, especially for developing nations, and urges collective action to overcome barriers to technology transfer.

UN climate chief urges nations to submit climate goals before deadline

UN climate chief Simon Stiell has called on governments to urgently present new national climate action plans, warning that fewer than 30 countries have submitted their NDCs ahead of the looming deadline, Climate Change News reports. Countries including China, India, and the EU are yet to announce targets. Stiell stressed robust climate plans are vital for tackling global warming and capturing economic benefits from the clean energy transition.

WMO warns air pollution and climate change create a vicious cycle

The World Meteorological Organization has published its latest annual air quality bulletin, which underscores how air quality and climate change are tightly linked, impacting health, economies and ecosystems, according to a press release from the organisation. It highlights risks from wildfires, winter fog, shipping, and urban pollution, and calls for integrated action and improved monitoring. International coordination is crucial to address aerosol hazards and enhance forecasts for effective risk management.

Dutch pension giant drops US asset managers in green revamp

PFZW, the world’s 11th largest pension fund, has pulled €33.5bn from BlackRock, Legal & General, and AQR Capital Management to focus on sustainability and market-level returns, Green Central Banking reports. The move comes as climate risk pressures mount and activists push for greener investments. PFZW will now lean on Robeco, UBS, PGGM and others for its €50bn equity portfolio, signaling a wider EU pivot away from US climate policies.

Commonwealth Fusion Systems raises $863m for fusion push

MIT spinoff Commonwealth Fusion Systems closed an $863 million Series B2 round, bringing its total funding near $3 billion, Latitude Media reports. The capital will accelerate progress on its SPARC fusion demonstrator and commercial ARC plant in Virginia, backed by investors including Nvidia, Bill Gates, and Jeff Bezos. The company aims for continuous fusion and $50/MWh energy costs, but economic viability depends on breakthroughs in technology and manufacturing.

Breakthrough Energy, Khosla and DCVC launch $300m climate tech coalition

Breakthrough Energy, Khosla Ventures, and DCVC have launched the All Aboard Coalition, a $300 million fund to support climate tech startups amid declining US funding, PE Insights reports. Backed by over $40 billion in investor assets, the group will target emissions reduction technologies like carbon removal, green hydrogen, and long-duration storage. The fund aims to address the capital gap leaving many early-stage companies struggling to scale.

RMI’s Third Derivative adds 18 global startups to climate tech accelerator

Third Derivative, the RMI climate tech accelerator, has welcomed 18 new startups from six countries to its portfolio, which now totals over 280 companies, RMI said in a press release. Selected firms span innovations from bamboo building systems and green hydrogen to recyclable wind turbines and zero-emission cooling. Third Derivative aims to bridge finance and resource gaps for market-ready decarbonization tech, with portfolio startups raising $3.7 billion and creating 4,400 jobs since inception.

Singapore’s TLC 2026 opens with S$4m climate tech funding boost

The Liveability Challenge 2026 has launched in Singapore with a record S$4 million (US$3.1m) funding for climate tech startups, Eco Business reports. This 9th edition has a new partner A*Star, which has pledged S$2 million annually to support pilot decarbonisation projects, while Temasek Foundation anchors the initiative. Finalists will access testbeds and pitch at Ecosperity Week 2026. Catalytic funding and policy reforms are highlighted as key to scaling climate solutions amid global venture funding challenges.

Sinbon invests in Swobbee to accelerate green urban mobility

Taiwanese electronics firm Sinbon has made a minority investment in Berlin-based Swobbee, giving the climate tech company access to Sinbon’s global manufacturing and engineering expertise, the companies said in a press release. The partnership aims to advance battery swapping infrastructure for sustainable last-mile urban transport and will support broader adoption of swappable batteries. The deal underscores rising collaboration in e-mobility and green tech between Europe and Asia.

Climafix Summit 2025 to spotlight 400+ climate startups in Chennai

CLIMAFIX Summit 2025, India’s largest climate startup event, will gather over 400 startups, 150 investors, and 250 corporates at IIT Madras Research Park on Sep 11-12. The agenda spans bio-solutions, energy efficiency, deep tech, and translational research, featuring expert talks, startup journeys, curated pitches, and AI for climate sessions to accelerate climate innovation and cross-sector partnerships. Key speakers include Ashok Jhunjhunwala (IITMRP), Suhas Baxi (Biofuel Circle), and Janani Mittal (Technip).

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TDK’s new Haryana plant to manufacture 200 million lithium-ion batteries annually

India’s Electronics and IT Minister Ashwini Vaishnaw inaugurated TDK Corporation’s advanced lithium-ion battery plant in Sohna, Haryana, under the Electronics Manufacturing Cluster Scheme, according to a government press release. The facility will produce about 20 crore battery packs per year — covering 40 percent of India's domestic demand for mobile devices, wearables, and laptops. The state-of-the-art factory is expected to generate 5,000 direct jobs and marks a major milestone for India’s self-reliance and electronics manufacturing ecosystem.

Survey shows optimism amid challenges for India’s deeptech founders  

A joint survey by TDK Ventures and Kae Capital of nearly 100 Indian deeptech founders highlights optimism despite funding, talent, and infrastructure hurdles, the VC firms said in a press release. While 58 percent expressed confidence in raising their next round, challenges include skill shortages, high salary expectations, and limited lab access. Sectors like energy tech, robotics, semiconductors, and quantum are poised for growth, with supportive policies slowly improving the ecosystem.

Nvidia invests in Quantinuum, valuing quantum venture at $10 billion

Honeywell’s quantum computing company, Quantinuum, has raised approximately $600 million in a funding round led by Nvidia’s venture capital arm and other investors, pushing Quantinuum’s valuation to $10 billion, the company said in a press release. The funds will accelerate development of scalable quantum systems, with Quantinuum aiming for breakthroughs in fault-tolerant quantum computing and enhanced classical AI capabilities. The investor lineup includes JPMorganChase, Mitsui, Amgen, and Cambridge Quantum Holdings.

IBM and AMD team up for quantum-centric supercomputing architecture

IBM and AMD have announced a partnership to develop quantum-centric supercomputing platforms that combine IBM’s quantum computers with AMD’s high-performance CPUs, GPUs, and FPGAs, the companies said in a press release. The aim is to build scalable, open-source systems where quantum and classical computing work together to tackle problems that neither can solve alone—such as simulating atoms with quantum chips while using classical supercomputers for data analysis. An initial demonstration of hybrid quantum-classical workflows is planned for later this year.

QuantrolOx and C-DAC sign agreement to co-develop quantum computing technologies

Finland-based QuantrolOx and India’s Centre for Development of Advanced Computing (C-DAC) have signed a Letter of Intent to jointly develop quantum computing technologies for India’s research ecosystem, according to a press release. Their collaboration aims to create an indigenous quantum software stack and enhance automated tuning and characterization tools for quantum processors. The strategic partnership will support national labs and academics, advancing C-DAC’s Hybrid HPC-Quantum Mission and semiconductor design initiative. Ultimately, it seeks to accelerate R&D timelines and strengthen India’s quantum hardware and software leadership.

Maybell Quantum raises $40M Series B to accelerate quantum infrastructure launch

Maybell Quantum has secured $40 million in Series B funding led by Addition, with participation from existing investors, to help accelerate the commercialization of its next-generation quantum infrastructure, Quantum Insider reports. The funding will support development and go-to-market efforts aimed at deploying advanced quantum hardware for scalable applications. Maybell Quantum’s solutions target key bottlenecks in quantum computing, aiming to make the technology more robust, accessible, and commercially viable.

GE Aerospace invests $300M in Beta Technologies for hybrid-electric aviation push  

GE Aerospace is investing $300 million in Beta Technologies and partnering to develop a hybrid-electric turbogenerator for next-generation aircraft, TechCrunch reports. The deal will leverage GE’s jet engine expertise and Beta’s electric propulsion know-how, promising enhanced range and payload. If approved, GE can appoint a director to Beta’s board; Beta’s total funding will rise to $1.45 billion.

RoboBallet system lets robotic arms work in harmony on factory floors

Researchers at UCL, Google DeepMind, and Intrinsic have developed RoboBallet, a graph-neural-network-powered AI system that enables robotic arms to coordinate precisely and efficiently, even in complex factories, Tech Xplore reports. Using reinforcement learning, RoboBallet can plan tasks for up to eight arms solving 40 simultaneous operations, hundreds of times faster than real-time and far beyond prior approaches. The breakthrough allows manufacturers to automate multi-robot layouts, adapt instantly to changes, and boost throughput, making choreographed robotic collaboration a practical reality.

CynLr and IISc join forces to bring neuroscience into robotics  

CynLr, a robotics startup in Bengaluru, has partnered with the Indian Institute of Science (IISc) to decode how biological vision can power real-world robotics, the company said in a press release. The initiative, ‘Visual Neuroscience for Cybernetics’, will translate neural insights on depth, motion, and memory into adaptive robotic vision systems. Joint research, doctoral projects, and algorithm development will underpin this effort, advancing CynLr’s vision of generalized manipulation and Universal Factories.

C-CAMP and UK fund launch new call for AMR environment solutions  

The centre for cellular and molecular platforms C-CAMP and the UK’s GAMRIF, which is the global anti-microbial resistance innovation fund, have announced a new call for research offering up to £170,000 per startup for innovations tackling antimicrobial resistance (AMR) in environmental settings. The 2025-26 initiative targets detection, prevention, and treatment technologies, focusing on scalable solutions for low- and middle-income countries. Selected innovators will receive funding, mentoring, and field validation to accelerate AMR-fighting technologies.

Ashoka University and ESET award woman in cybersecurity scholarship  

Ashoka University and ESET, a Slovakian cybersecurity ...

Indian cabinet approves Rs.1,500 crore plan for mineral recycling

India’s Union Cabinet has cleared a six-year, Rs.1,500 crore incentive plan under the National Critical Mineral Mission to boost recycling of battery waste and e-waste for extracting critical minerals, according to a press release on the PM India website. The policy targets both large and small recyclers, offering capital and operational subsidies and aims to create 270 kT recycling capacity, 40 kT mineral output, Rs. 8,000 crore investment, and 70,000 jobs. The plan is expected to strengthen supply chain resilience.

EIC Scaling Club members raise over €1.2 billion in funding

The European Innovation Council’s EIC Scaling Club has helped 120 European deep tech scaleups collectively raise over €1.2 billion, supporting growth across sectors such as computing, renewable energy, and smart mobility, Tech.eu reports. Notable deals include €256 million for Multiverse Computing and significant rounds for Axelera AI and Aerones. The programme facilitates investor networking and marks a milestone for Europe’s deep tech, with further events scheduled into 2026.

IQM Quantum Computers raises over $300 million Series B

IQM Quantum Computers secured more than $300 million in a Series B funding round led by US-based Ten Eleven Ventures, with notable support from Finnish investor Tesi, Quantum Insider reports. This investment aims to accelerate IQM's global expansion and quantum technology development. The round marks one of Europe’s largest quantum investments, signaling heightened growth and innovation within the continent’s quantum computing ecosystem.

Sierra nears $350 million funding round, valued at $10 billion

AI agent startup Sierra is close to securing $350 million in financing, pushing its valuation to $10 billion just two years after launch, Axios reports. Sierra, co-founded by Bret Taylor and Clay Bavor, creates custom enterprise customer service AI agents and is expected to surpass $100 million in annual recurring revenue. The investment round, led by Greenoaks Capital, highlights continued strong demand for specialized AI solutions in the business sector.

ETH Zurich students build faster multi-metal 3D printer

A team of ETH Zurich students developed a patented rotary laser powder bed fusion machine able to print with two metals simultaneously, Tech Xplore reports. The system significantly reduces waste and manufacturing time for cylindrical components by using a rotating tool path and synchronized gas flow. It aims to benefit aerospace, e-mobility, and other industries, with potential applications in rocket nozzles and turbines. ETH is seeking further industrial collaboration.

Ujjwal Kumar steps down from Teradyne Robotics presidency

Ujjwal Kumar has departed his role as president of Teradyne Robotics, known for expanding the portfolios of Universal Robots and Mobile Industrial Robots, championing physical AI and automation, according to The Robot Report. Teradyne faced revenue declines and layoffs in 2025, prompting strategic and leadership changes. Jean-Pierre Hathout, former UR and MiR executive, succeeds Kumar, combining his extensive international experience to lead the company in a rapidly evolving robotics sector.

British Business Bank recruits CVC experts for deep tech investments

The British Business Bank has hired Rachael Reid and Costantino Mariella, former corporate venture capital investors from BP Ventures and Sony Innovation Fund, to strengthen its deep tech investment strategy, Global Venturing reports. These new senior investment managers will support direct and co-investment activities. The bank has invested over £1.1bn in UK startups, focusing on life sciences, advanced materials, and future computing technologies.

Earth’s carbon storage could run out as early as 2200

A new study reveals Earth's underground rock formations may only safely store around 1,460 gigatonnes of CO₂, far less than once believed, the journal Nature reports. At current rates, capacity could be exhausted by 2200, risking efforts to meet Paris climate targets. Achieving necessary scale would require a 175-fold increase in annual storage, with challenges in safe, practical deployment and environmental risks from potential leakage. The study was led by scientists at the International Institute for Applied Systems Analysis in Laxenburg, Austria.

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First Made-in-India chips as semiconductor mission accelerates

Prime Minister Narendra Modi received India’s first homegrown semiconductor chips at the opening of the Semicon India 2025 conference in New Delhi yesterday, marking rapid progress in the nation’s semiconductor mission, according to a government press release. Multiple MoUs were signed at the meet to boost manufacturing, skills, and innovation, according to the release. The government’s push includes talent development, global partnerships, and deep tech investment, positioning India as a future global leader in semiconductors.

US and Indian VCs unite for $1 billion deep tech alliance in India

Eight leading venture firms from the US and India have launched a $1 billion alliance to support India’s deep tech startups, pledging long-term capital and mentorship, according to multiple reports. The coalition will work with the Indian government to leverage new incentives, boost innovation, and strengthen cross-border tech ties despite ongoing geopolitical tensions.

Called the India Deep Tech Investment Alliance, the group brings together Celesta Capital, Accel, Blume Ventures, Gaja Capital, Ideaspring Capital, Premji Invest, Tenacity Ventures, and Venture Catalysts, TechCrunch reports, citing a joint statement from the firms. Each member will commit private capital over a 5-10-year period to India-domiciled deep tech startups, according to TechCrunch.

WisdomTree debuts quantum ETF as sector nears viability  

WisdomTree, a New York based global asset manager, has launched a Quantum Computing UCITS ETF as quantum information processing approaches commercial viability. The ETF allows investors broad access to quantum hardware and software leaders, focusing on sectors like drug discovery, climate science, and AI. WisdomTree asserts that with exponential advances in quantum mechanics, the fund enables early participation in what may soon be one of the most transformative technological frontiers.

Quantum computer modules snap together like LEGOs for scalable, high-fidelity systems

University of Illinois scientists have created a modular quantum processor—devices connect via superconducting cables and achieve ~99 percent operation fidelity, SciTech Daily reports. This architecture enables scalability, easier upgrades, and reconfigurability, overcoming limits of monolithic designs and paving the way for larger, fault-tolerant quantum computers and advanced quantum networks.

AI-driven drug discovery accelerates as FDA aims to cut animal testing

Pharmaceutical companies are rapidly adopting AI for drug discovery and safety testing, aligning with the US FDA’s initiative to reduce animal testing, Reuters reports. Experts say combining AI and reduced animal testing could halve both costs and timelines within three to five years, though animal studies will likely remain necessary for some drugs in the near term.

MIT develops self-assembling material to enable easily recyclable EV batteries

MIT researchers have created a battery electrolyte that self-assembles and quickly dissolves in common organic liquids, allowing entire batteries to be taken apart for recycling, according to a news post on the institute’s website. Tested in solid-state cells, the material simplifies sorting of battery components and could make recycling easier and cleaner, addressing future electronic waste from the rise of electric vehicles.

Musk predicts Optimus humanoid will drive 80 percent of Tesla’s value

Elon Musk recently stated that Tesla’s future value will depend far more on its Optimus humanoid robots than on its electric cars, predicting that up to 80 percent of Tesla’s worth will derive from Optimus, CNBC reports. The company’s new strategy focuses on robotics and AI, with plans to produce 5,000 Optimus units in 2025 and target a $20,000–$30,000 price point. Musk envisions Optimus becoming core to Tesla’s operations and the global robotics market, despite continuing technical and adoption challenges.

Sixty percent of Earth’s land is now outside safe biosphere limits

A new study finds that 60 percent of the world’s land is beyond safe biosphere boundaries due to expanding human use of biomass, SciTech Daily reports. The research tracks changes since 1600, showing Europe, Asia, and North America are most affected. Scientists urge global action as ecological disruption, land conversion, and declining photosynthetic activity raise risks for planetary stability.

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OpenAI to build multi-gigawatt AI data center in India, expanding local footprint

OpenAI is planning to set up a major data center in India with at least 1 gigawatt capacity, supported by local partnerships and backed by Microsoft, Reuters reports. The company has registered as a legal entity in India, established a local team, and will open its first office in New Delhi this year to strengthen its presence in its second-largest market. The project marks a significant move for OpenAI’s Stargate-branded AI infrastructure expansion in Asia, with further details likely during CEO Sam Altman’s September visit.

Reliance launches AI subsidiary to power India's deep tech future

Reliance Industries has launched a wholly owned subsidiary, Reliance Intelligence, to advance India's AI capabilities and make the country a global hub for deep tech, The Hindu reports. The new company will focus on gigawatt-scale, green energy-powered AI data centers, forge global tech partnerships, build wide-reaching AI services for major sectors, and nurture talent. Strategic alliances with Google and Meta will enable scalable, affordable AI solutions for Indian consumers and businesses.

Lizy raises €75m to scale circular EV leasing for European firms

Lizy, a Brussels-based car leasing company, raised €75 million to expand its circular electric vehicle leasing model across Europe, Tech Funding News reports. By championing used EV leasing, Lizy offers small businesses affordable, sustainable mobility solutions, unlike the traditional “one and done” car contracts. The investment, combining capital and debt, will allow Lizy to scale up and accelerate the transition to electric fleets for companies, enhancing both environmental impact and growth.

Runway targets robotics sector with AI-powered training simulations

Runway, known for its video-generating AI, is expanding into robotics by leveraging its world models for training simulations, making robot and self-driving car development faster and more cost-effective, TechCrunch reports. Companies can use its models to test specific scenarios and actions in a virtual environment, improving scalability and precision over real-world tests. Runway will fine-tune its existing models for industry needs, backed by over $500 million in funding.

Gene variant pairs act as switches to unlock hidden disease pathways

Researchers at IIT Madras and Denmark found that interactions between specific genetic variants can act as "switches" to unlock hidden metabolic pathways, increasing understanding of complex diseases, according to a post on the institute’s website. Their yeast study, using multi-omics and time-based analysis, showed certain variant pairs rewire cellular networks and activate previously silent functions. This approach could guide new personalized therapies, biomarkers, and drug targets for conditions such as cancer, diabetes, and neurodegeneration.

Styrofoam upcycling enables safe, efficient hydrogen storage solution

Researchers led by a team at Ulsan National Institute of Science and Technology, South Korea, have developed a process to convert waste Styrofoam into a safe, reusable hydrogen storage medium using liquid organic hydrogen carriers (LOHCs), Tech Xplore reports. The method utilizes polystyrene’s aromatic structure for hydrogen storage and retrieval, with ruthenium and platinum catalysts enabling efficient absorption and release. Innovations include improved catalyst durability and the use of waste heat, solving both hydrogen storage and plastic recycling challenges for future industrial adoption.

Norma validates quantum AI algorithms on NVIDIA GPUs for scalable use

Norma, a venture in South Korea, has completed validation of its quantum AI algorithms on NVIDIA hardware, demonstrating robust performance and compatibility for high-impact applications, Quantum Insider reports. This achievement marks a significant milestone in bridging quantum computing with advanced AI, enabling scalable solutions in areas like optimization and materials science. The testing confirms that Norma’s quantum AI stack integrates smoothly with industry-standard GPUs, paving the way for commercial deployments and future research.

6G wireless promises ultra-fast, AI-powered connectivity for advanced applications

6G wireless technology will offer ultra-high data rates, near-zero latency, and large-scale connectivity, integrating sensing and AI-driven operations for advanced applications beyond traditional communication, IEEE Spectrum reports. It will support scenarios requiring precise positioning, critical low-latency vehicular communications, and highly adaptive resource management in dense, heterogeneous environments. Innovations like terahertz spectrum, smart antennas, full duplex, and meta-surfaces are key features, making 6G transformative for industries and society.

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IN-SPACe signs five ISRO tech transfer deals with Indian firms

IN-SPACe has facilitated the transfer of five ISRO-developed technologies to Indian industry, with tripartite agreements signed in Ahmedabad between IN-SPACe, NSIL, and the recipient companies, according to a press release. The ISRO-developed technologies are expected to boost self-reliance and reduce imports in biomedical, solar, and manufacturing sectors.

Notable transfers include LTCC multi-chip modules and adhesives for solar panels. IN-SPACe, which was founded by Government of India five years ago to support private space sector in the country, has now executed 98 transfer agreements, driving industrial innovation and indigenization.

ideaForge SWITCH UAV receives DGCA nod for broad deployment

ideaForge Technology’s SWITCH UAV has received DGCA Type Certification, needed for deployment in civil, paramilitary, and enterprise sectors, the company said in a press release. SWITCH offers military-grade performance with VTOL, long endurance, and high payload for tactical and industrial missions like border surveillance and infrastructure monitoring.

The certification affirms SWITCH’s reliability and safety, supporting expanded use across critical applications and reinforcing ideaForge’s leadership in advanced aerial intelligence.

AI to unlock $500 billion opportunity for India’s tech services

Nasscom has released a new report, tapping the consultancy McKinsey as its knowledge partner, highlighting India’s technology services sector’s shift from pandemic-fueled digital growth to AI-driven transformation, India’s biggest tech lobby said in a press release.

Between 2020–2025, structural changes accelerated, with enterprise budgets now focusing on AI for productivity. The report forecasts muted near-term growth but robust 12–15 percent expansion in data and AI segments. Agentic AI could add $300–500 billion in new spending as hybrid human-AI models reshape delivery, requiring mass reskilling.

EKA Mobility, Shriram Green Finance sign MoU to boost EVs

EKA Mobility, an electric commercial vehicles company in Pune, has signed an MoU with Shriram Green Finance to offer flexible, affordable financing, aiming to accelerate India’s clean transport shift, the company said in a press release.

The partnership will help with EV adoption for fleet operators, dealers, and small businesses through loans for EKA’s range of buses, trucks, LCVs, and three-wheelers, reducing financial barriers for zero-emission fleets.

Sixteen startups, six student teams win big at C-CAMP NBEC 2025

The eighth edition of the National Bio Entrepreneurship Competition 2025 concluded in Bengaluru, Saturday last week, with 16 startups and six student teams winning close to ₹40 crore in cash prizes and investments.

NBEC, organized every year the Centre for Cellular and Molecular Platforms, C-CAMP, in Bengaluru, supported by the Government of Karnataka, drew 3100 entries nationwide, spotlighting promising biotech innovation from smaller cities. Winners will receive mentorship and support to scale their solutions, which address challenges in diagnostics, drug discovery, water, sanitation, and agriculture.

Among the winners

immunitoAI Pvt Ltd: Uses AI to develop novel single-domain antibody drugs for autoimmune diseases and cancer, improving therapeutic options for previously hard-to-treat conditions.

Contrivation Labs Pvt Ltd: Automates post-harvest separation of red chilli stems, boosting agricultural productivity and efficiency.

Nexus Power: Creates biodegradable batteries from crop residue for mobility and stationary uses, offering a greener solution for energy storage.

IIOT Innovation Pvt Ltd: Converts industrial carbon emissions into valuable biochemicals using microalgae biorefinery, supporting both sustainability and circular economy goals.

Student teams included those from institutes such as IIT Kanpur and ICGEB. Among the innovations they’re developing are bone fillers for orthopaedics, rapid pathogen detection kits, and yeast formulations to enhance ethanol production.

About C-CAMP NBEC

Since 2017, C-CAMP NBEC has catalyzed over 110 young entrepreneurs, nurturing deep science startups with commercial potential, and is backed by top government bodies and global partners. C-CAMP itself is a leading biosciences innovation hub in India, incubating 550+ startups and driving translational research for healthcare, agriculture, and environmental impact.

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C-CAMP announces date for bio entrepreneurship competition finaleC-CAMP, with support from the Government of Karnataka, will host the grand finale of the National Bio Entrepreneurship Competition (NBEC 2025) on August 23 at Hotel LaLit Ashok, Bengaluru. The event will see participation by IT Minister Priyank Kharge and Biocon Chairperson Dr. Kiran Mazumdar-Shaw.This is the eighth season of the NBEC. This year, winners stand to gain nearly Rs. 40 crore in prizes and investments, chosen from 3100+ applications across 34 states and UTs.

BEL, Centum team up on advanced indigenous defence electronicsBharat Electronics Limited (BEL) and Centum Electronics have inked an MoU to jointly develop and manufacture advanced electronic modules and systems for defence applications including electronic warfare, radar, and secure military communications.The collaboration aims to strengthen indigenous technology capability in critical domains, supporting national defence and strategic electronics.

Ather Energy launches 2025 Ather 450X electric scooter in Sri LankaAther Energy, one of India’s leading electric two-wheeler makers, has launched the new 2025 Ather 450X model in Sri Lanka, expanding to 19 showrooms nationwide, the company said in a press release. The scooter features multi-mode traction control and advanced tyres for enhanced performance and range.Ather’s international growth now includes Nepal and Sri Lanka, with expanded EV infrastructure and a focus on building a reliable ownership ecosystem, the company says.

ideaForge unveils Q6V2 GEO UAV for all-terrain, high-precision mappingideaForge Technology has announced the global launch of its Q6V2 GEO UAV, debuting a versatile mapping platform designed for extreme environments and diverse use cases, the company said in a press release. Offering more than 50 minutes of LiDAR-enabled flight and modular payloads — including AI-powered imaging and hyperspectral sensors—the Q6V2 GEO empowers industries, governments, and researchers with advanced geospatial intelligence and seamless cloud integration for actionable insights and 3D mapping.

Setco Auto Systems and VNIT Nagpur sign MoU for automotive researchSetco Auto Systems, a subsidiary of Setco Automotive Ltd, has joined forces with VNIT Nagpur to drive joint research and innovation in automotive technology, according to a press release. The partnership will focus on developing next-generation clutch systems, electric mobility, and sustainable vehicle solutions, including establishing a Clutch Research Laboratory at VNIT.VNIT students will gain industry exposure through live projects and mentorship from Setco's R&D experts.

mRNA cancer vaccine shows tumor-eliminating promise in miceUniversity of Florida researchers developed an experimental mRNA vaccine that, when paired with immunotherapy drugs in mice, eliminated resistant tumors, Science Daily reports. The vaccine stimulates the immune system broadly, rather than targeting a specific protein, showing potential as a universal cancer vaccine.The results build on previous clinical work and indicate this approach could sensitize immune responses across many cancer types, with human trials planned.

Waterloo researchers create robots to dissolve kidney stones quicklyUniversity of Waterloo researchers have developed soft, flexible robots that use magnets and an enzyme to dissolve kidney stones directly in the urinary tract, according to The Robot Report. Tested in 3D-printed models, the strips deliver urease to reduce urine acidity, shrinking stones within days. This minimally invasive method could help patients who cannot tolerate drugs or surgery. Next steps include animal studies and refining the robotic system for precise, doctor-controlled targeting of stones.

Hades Mining raises €5.5 million to launch ultra-deep drilling techMunich’s Hades Mining has raised €5.5 million in pre-seed funding led by Project A to develop cutting-edge drilling systems for ultra-deep geothermal energy and critical mineral deposits, EU Startups reports.Founded earlier this year, the startup aims to reduce Europe’s reliance on imports by unlocking extreme underground resources through proprietary, sustainable in-situ recovery technology. Funds will accelerate tech development and site preparation for mineral and energy extraction.

growX back’s PeelON’s green packaging vision in $1 million fundingPeelON, a bio-tech startup in Vishakapatnam, has raised $1 million in seed funding led by growX Ventures, with participation from Boston Venture Group and Climate Angels, the company said in a press release.PeelON develops plant-based, compostable packaging that extends the shelf life of fruits and vegetables and is already commercially used in India and the US. The capital will fund expanded R&D and production, hiring, and certifications across markets.