deeptech

News and Trends

Private Investment in Quantum Technology Ecosystem Need of Hour: Report

The inaugural ITES-Q report presents a comprehensive overview of both global and national quantum ecosystems, including investment trends, talent development, institutional strengths, research output, intellectual property, startups, supply chains, and industrial activity.

News and Trends

Launching AI Avatars: The Future of Conversational AI in Education and Product Innovation

RealAvatar recently launched Andrew Ng's AI avatar in collaboration with DeepLearning.AI, enabling learners to have a conversation with an AI version of the renowned AI educator for career advice through text chat and voice calls. Dmitry Pyanov, who leads product at RealAvatar, discusses the future of AI in education and the evolving role of product management.

News and Trends

In Israel, Deep-Tech Investment Sets Stage for Healthcare Innovation Boon

The convergence of biology, artificial intelligence, and engineering is driving advancements that could redefine patient care and health systems worldwide.

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India Lags in Building a DeepSeek Rival, but Potential Keeps Investors Excited

Emerging technologies such as deeptech, spacetech, and biotech have made significant startups in India but remain behind the US and China in creating companies that have a significant global impact.

News and Trends

Astrome Gears Up for Global Growth with USD 10 Mn Funding Boost Led by Appollo Fund

The Bengaluru-based firm aims to deploy the fresh funds to advance wireless connectivity technologies, scale operations, expand product lines, strengthen its presence in terrestrial communications, and enter the satellite communication market.

News and Trends

Warmup Ventures Launches INR 300 Cr Fund II to Back Deeptech, Climate, and Sustainability Startups

The fund plans to invest INR 5-7 crore each in 25-30 early-stage startups, with significant provisions for follow-on rounds.

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SanchiConnect and YourNest VC Power Eight Startups with INR 48 Cr Through Velocity Program

The Velocity Accelerator cohort features innovative startups like Induz, LeanWorx, Think Metal, Presage Insights, Superfone, and CargoFL, driving advancements in AI, manufacturing, logistics, and enterprise solutions with transformative technologies.

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growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

News and Trends

Deeptech Startups in Vogue, Attract Strong Investor Interest in Last 5 Years

45 per cent of startups in India originate from tier-II and -III cities, a noteworthy trend, backed by the need to solve local problems, diverse funding options, improved infrastructure, robust digital payments systems, and digital-first business models

News and Trends

Indian Inc to Prioritise AI, Security & Advanced Tech

While 2023 saw a slowdown in IT investment, 2024 will be all about growth fueled by digital transformation, says a report by IDC

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India's GenAI Startups Attract Cumulative Funding of over $750 Million Since 2023: Nasscom

The total number of GenAI startups surged 3.6 times, from over 66 in the first half of CY23 to more than 240 by the first half of 2024.

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Deep Tech, Semiconductors, and Electronics Emerge As Pivotal Sectors in Startups: IvyCap Founder

India's semiconductor and electronics startup ecosystem is also witnessing rapid growth due to favorable government policies like the Production Linked Incentive (PLI) scheme and a growing demand for electronics and chip design.

News and Trends

Capital A Launches INR 400 Cr Second Fund to Support High-Growth Startups in Manufacturing, Deeptech, and Climate

The firm plans to support 17-20 companies, with cheque sizes ranging from USD 750K to USD 1 million for initial investments and USD 2-3 million over the lifecycle of the startups.

News and Trends

Yotta's Newly Launched Shambho Accelerator Program to Boost 3,600 Deeptech Indian Startups

At the heart of the Shambho Accelerator Program is Yotta's Shakti Cloud, a high-performance computing platform powered by NVIDIA's H100 Tensor Core GPUs, designed specifically for AI and HPC workloads.

News and Trends

Funding Remains the Biggest Challenge for Indian Deeptech: Nasscom and Zinnov

The report shared deep insights into the emerging scenes within the Indian tech-eco system, especially in deep-tech, challenges, future and other crucial insights into the funding behavior around the sector.