Deep Tech

Studio 30 50, a Singapore-based MaritimeTech venture studio, has launched applications for its next cohort of startups and founders eyeing commercial scale in the maritime industry in 2024.

Qosmosys, a Singapore-based space venture, has announced a seed funding round of $100 million. The injection of this seed capital allows the firm to expedite its strategic goals, fortifying its position as a premier private player in the burgeoning moon economy.

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 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,…

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 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.

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, 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.

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.

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…