Deep Tech
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,…
Global deeptech startups contest X-PITCH is open for applications
X-PITCH, an annual startup contest for global deeptech startups in Singapore, is open for application. Ten awards will be presented at the November 10 Grand Finale, with the top three teams receiving investments totaling at least $1 million.
Temasek backs $304M first close of Australian deep tech Main Sequence’s third fund
Main Sequence, the Australian deep tech investment fund founded by Australia’s national science agency CSIRO, has on Wednesday announced the first close of its third fund, raising AUD 450 million ($304.46 million) from investors including Singapore state-owned fund Temasek.
China’s EHang raises $23M in private placement led by South Korean investor Lee Soo Man
EHang Holdings Limited (EHang), the United States-listed Chinese autonomous aerial vehicle (AAV) technology platform company, has raised a total of $23 million in private placement led by strategic South Korean investor Lee Soo Man.
