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Daily brief on deep tech and climate tech news from India and around the world.
Shilpa Kumar, MD, BII India, with Priya Shah , Founder, Theia Ventures. BII is backing Theia’s $30 million clean energy fund in India. Image source: press release.
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.
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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 achieved the first close of its new $30 million fund, with British International Investment as the anchor investor, the VC firm said in a post. 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.
Daily brief on deep tech and climate tech from India and around the world.
Indian fabless semiconductor startups are developing products and finding global customers. Illustrative image.
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 commercialize its technology, fund strategic acquisitions, expand production, and for other corporate purposes. This latest funding brings QCi’s total capital raised since November 2024 to $1.64 billion.
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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. It will invest globally in quantum computing, sensing, and communication to help commercialize quantum technology.
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 announced 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) program through its Shaastra Magazine, the institute said in a post. The initiative aims to create a national benchmark for job readiness for engineering and diploma students across India. The programme will offer free training resources and a standardized, proctored assessment covering technical knowledge, reasoning, and communication skills.
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. Overall, the EMS sector expects revenue to increase by 17.9 percent and PAT by 29.6 percent.
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.
Daily brief on deep tech and climate tech from India and around the world.
India’s Science and Tech minister Dr. Jitendra Singh (centre) at the curtain raiser for the country’s first science, tech and innovation conclave.
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 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.
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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. This new process, which replaces a less efficient flask-based method, is designed to increase productivity and scalability, and will be transferred to Secretome’s contract manufacturer.
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.
Daily brief on deep tech and climate tech news from India and around the world.
A shot of wind turbines on the mountains. Illustrative image.
Climate change is disrupting global wind patterns
Climate 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.
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Serena Capital closes $215M AI and climate tech fund
Paris-based venture capital firm Serena Capital 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 automation
OpusFlow, 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 biofuels
IndianOil 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 centre
Tata 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 treatment
Boson 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 programme
SusMafia 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.
In-depth conversations with founders, investors, industry leaders, and other stakeholders building India’s deep tech and climate tech ecosystems.Ganapathy ‘Gani’ Subramaniam, founding managing partner at Yali Capital.
In today’s episode, Ganapathy ‘Gani’ Subramaniam, founding managing partner of Yali Capital, a deep-tech VC firm in Bengaluru, joins me to discuss the firm’s debut fund, which had its final close about two months ago.
At Rs. 893 crore (about $104 million), this is perhaps India’s biggest deep-tech-only fund currently, backed by Marquee names such as Qualcomm, India’s Department for Promotion of Industry and Internal Trade, Infosys Innovation Fund, The Tata Group, and Intel Corp. CEO Lip-Bu Tan, who’s an advisor to the fund.
Gani’s career traces a journey from semiconductor design engineer, starting with Texas Instruments, to building his own block-level chip design startup Cosmic Circuits, which was later acquired by Cadence Design Systems, to VC investor through several years at Celesta Capital, a well-known multinational deep tech fund, before starting Yali.
As many of you would know, Yali’s founding partners, Gani and Mathew Cyriac, partner Karthikeyan Madathil and CFO Sunil S Patil bring formidable industry experience to their endeavour – collectively over a century of experience in semiconductors, aerospace and of course VC and private equity.
In this conversation, we cover Yali’s approach to deep tech in India, which includes investing not only in early stage startups but also, selectively, some advanced late stage ventures. Gani also gives us a quick overview of the investments they’ve already made.
The conversation also offers some context on how Indian deep tech startups are navigating challenges of scale and commercialization, and why Yali Capital is betting on the next decade of deep tech innovation.
In-depth conversations with founders, investors, industry leaders, and other stakeholders building India’s deep tech and climate tech ecosystems.
Ganapathy ‘Gani’ Subramaniam, founding managing partner of Yali Capital, talks about the firm’s deep tech bets in India.
A peak into what’s perhaps India’s biggest deep-tech-only fund.
Coming up on Tuesday, Sep. 30th, in the next episode of IndiaTechReport: InConversation I catch up with Ganapathy Subramaniam (Gani) at Yali Capital in Part-1 of our two-part discussion on the venture capital firm’s bets in India’s deep tech ecosystem.
As many of you know, Yali’s founding partners, Gani and Mathew Cyriac, partner Karthikeyan Madathil and CFO Sunil S Patil bring formidable industry expertise to their investments – collectively over a century of experience in semiconductors, aerospace and of course VC and PE.
Their first fund of Rs. 893 crore (about $104 million), is perhaps India’s biggest deep-tech-only fund currently, backed by Marquee names like Qualcomm, India’s Department for Promotion of Industry and Internal Trade, Infosys and Lip-Bu Tan, who’s an advisor to the fund.
In this conversation, we cover Yali’s approach to deep tech in India, which includes investing not only in early stage startups but also selectively some advanced late stage ventures. Gani also gives us a quick overview of what they’ve already done.
Catch the full conversation right here, or wherever you get your podcasts. Here’s a quick preview.
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Daily brief on deep tech and climate tech news from India and around the world.
Illustrative image. OpenAI and India’s Reliance are developing large AI data centres in the country.
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.
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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 NL reports. 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...
Ravi Jain, Investment Director at Japan’s TDK Ventures, expects a snowball effect in India’s deep tech ecosystem. Image credit: Hari Arakali.
In this episode, Ravi Jain, an Investment Director at TDK Ventures, joins me for a wide-ranging discussion on the current state and trajectory of India’s deep tech ecosystem. Jain gives us a micro capsule on the history of TDK, developing technologies for sectors spanning automotive, energy storage, and power electronics, and the strategic rationale for launching its corporate venture arm in 2019.
He talks about TDK Ventures’ mandate to invest in startups poised to shape emerging markets and tomorrow’s standards, noting the recent expansion of the firm’s India operations, and a global portfolio that includes investments across sectors such as semiconductors, advanced materials, robotics, quantum technologies, AI, mobility, climate tech and clean energy and agri-tech.
Jain addresses macroeconomic drivers, including government policy, manufacturing incentives, and evolving founder ambitions, that position India for accelerated growth in deep tech. He explains the sector’s optimism despite talent and funding challenges, and highlights the increasing sophistication of Indian deep tech founders, their pragmatism, and the snowballing effect of policy and market maturation.
He also talks about TDK Ventures’ approach to hardware versus software startups, university-driven entrepreneurship, and the imperative for foundational work in AI. Jain also shares reflections from his own career, distilling practical advice for future deep tech entrepreneurs navigating India’s rapidly changing technology landscape.
Daily brief on deep tech and climate tech news from India and around the world.
Solaq’s water from atmosphere system, one of the innovations selected to Amazon’s ClimateTech cohort in its Sustainability Accelerator. Image source: Amazon sustainability stories.
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.
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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 startups for its latest ClimateTech cohort
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 installa...
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Coming up, on Tuesday, Sep. 16th, in the next episode of India Tech Report: In Conversation, I speak with Ravi Jain at TDK Ventures on their recent Deep Tech Report report, in partnership with Kae Capital and how he sees the ecosystem evolving.
Catch the full conversation next week right here, or wherever you get your podcasts. Here’s a two-minute preview.
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