Deep Tech

Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.

Indian early-stage venture fund pi Ventures has received a commitment of INR 100 Crores ($12 million) or 15 percent of the corpus out of Fund of Funds for Startups (FFS) managed by Small Industries Development Bank of India (SIDBI).

Aerodyne Group, the Malaysia-based drone solutions provider, announced Monday that it has entered the Italian market through a strategic investment in Aiviewgroup, the drone service provider in Italy, based in Rome.

Malaysia’s drone industry is flying high after ranking 21st in the Drone Readiness Index (DRI), up from 30th spot last year. Malaysian Research Accelerator for Technology and Innovation (MRANTI) said in a statement that Malaysia is also the top ranked Southeast Asian country in the Index.

Indian deep tech artificial intelligence (AI) startup Myelin Foundry has raised its Series A of $3 million led by Visteon Corporation, a global automotive electronics major. Other participating investors include current Myelin investors Endiya Partners, Beyond Next Ventures, and Pratithi Investment Trust.

SGInnovate, a deep tech ecosystem builder and investor backed by the Singapore government, has on last Friday launched Deep Tech Talent Central (DTTC), an integrated strategy for solving talent challenges across emerging tech sectors.

We have written some analysis and feature articles in 2022, covering various sectors, including FinTech, DroneTech, Web3, and electric vehicles, among others. Here are the most popular ones:

Aerodyne Group, a Malaysia-based drone company, has on Monday announced that it has signed an agreement to acquire a controlling interest in Grupo DR1, one of the leading professional drone operators and service providers in Brazil, to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.

With BVL we aim to address three main challenges faced by the construction and furniture industry; firstly deforestation due to excessive demand for timber, waste generation due to the usage of concrete and plastics, and finally the CO2 emission that has huge impact on our climate and environment. 

AMODA’s tech-enabled property management and construction solutions provide increased productivity and transparency in the real estate market by making cost-effective, sustainable, time-efficient, and flexible construction accessible to everyone.