Deep Tech

Japan’s Beyond Next Ventures achieves first close of its deeptech fund at over $67.17M

Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).

X-PITCH 2023 Announces Global TOP100 Startups: Accelerating Deeptech

X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem of entrepreneurial talent. X-PITCH 2023 is driven by a shared commitment to accelerate deeptech innovation across four vital domains: Healthcare, Advanced Manufacturing,…

Avnet appoints master distributor of Kerlink to advance IoT strategy across Asia Pacific

Global technology distributor and solutions provider Avnet has recently signed a contract with Kerlink, a provider of internet of things (IoT) solutions based in France, formalizing its role as master distributor of Kerlink's LoRaWAN gateway products and associated software services in Asia Pacific.

Meraque paves the way for robotics automation in agriculture for Malaysia with nation’s first-ever plantation AGV

Meraque Group (Meraque), a Malaysian robotics solutions company, has introduced the nation's first Autonomous Ground Vehicle (AGV) designed for complex agricultural environments, named Robotic Agro in Complex Environment (RACE). As an autonomous AGV, RACE is designed to navigate the intricate and challenging terrain of agricultural environments.

Japan’s Terra Drone expands to precision agriculture sector after acquiring Avirtech

Terra Drone Corporation, a drone and Urban Air Mobility (UAM) technology provider based in Japan, has expanded into the precision agriculture sector by acquiring the business of Avirtech, a startup providing agricultural drone spraying and mapping service in Southeast Asia.

Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures

Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be provided with entrepreneurial mentorship, funding, and support to position them for long-term global success.

India’s SatSure raises $15M in Series A round led by Baring Private Equity Partners, India and Promus Ventures

SatSure, an India-based satellite Earth observation data and analytics firm, has closed a Series A round of $15 million in equity capital and venture debt. The round has been led by Baring Private Equity Partners (BPEP), India and Promus Ventures, with participation from Omidyar Network India, and xto10X.

US’s Axiom Space secures $350M in Series-C round led by Saudi and South Korean investors

Axiom Space has on Monday announced that it has secured $350 million in its Series-C round of growth funding, lifting the total funds raised to over $505 million from investors and achieving more than $2.2 billion in customer contracts. Investments, led by Aljazira Capital and Boryung, will fuel continued growth for Houston-based space company building…

Musk’s Neuralink raises $280M in funding led by Thiel’s Founders Fund

The news comes after Neuralink secured FDA's approval to launch its first in-human clinical trial in May.

Australia’s Plotlogic raises $28M in Series B funding co-led by Galvanize Climate Solutions, SE Ventures

United States venture capital heavyweights have backed the $28 million Series B funding round of Australian deep-tech mining company Plotlogic. Galvanize Climate Solutions, the climate-focused global investment firm founded by Tom Steyer and Katie Hall, and SE Ventures, the investing firm backed by French energy and automation giant Schneider Electric,…