deeptech

  1. South Korea, Israel to set up US$80 million fund for deeptech investments

    South Korea, Israel to set up US$80 million fund for deeptech investments

    Tel Aviv [Israel], In a boost to bilateral relations, South Korea on Wednesday selected OurCrowd, Israel's most active venture investor, to co-manage what will become an $80 million fund for DeepTech investments .The fund, known as NH-OC Global Open Innovation Fund, will focus on investing in...
  2. India now has 3,600 deeptech startups, sixth globally: Nasscom

    India now has 3,600 deeptech startups, sixth globally: Nasscom

    Of the 3,600 startups, more than 480 were founded last year – more than twice the number founded in 2022.Of these 480 startups launching in 2023, more than 100 are "inventive deeptech firms that have developed intellectual property or innovative solutions in new domains."Notably, 74 percent...
  3. 8X Ventures achieves first close of Rs 200 crore fund, plans to finance 18-20 deeptech startups in 3 years

    8X Ventures achieves first close of Rs 200 crore fund, plans to finance 18-20 deeptech startups in 3 years

    New Delhi, Deeptech-focused venture capital firm 8X Ventures on Wednesday announced the first close of its Rs 200 crore fund, along with a greenshoe option of an additional Rs 100 crore, and said it will raise the next phase in 18-20 Plans to finance early stage startups. three years.The...
  4. Deeptech startup Ethereal Machines raises US$13M for R&D, smart factory in Bengaluru

    Deeptech startup Ethereal Machines raises US$13M for R&D, smart factory in Bengaluru

    New Delhi, Deeptech startup Ethereal Machines on Thursday said it has raised US$13 million (about Rs 108.6 crore) in a funding round led by Peak XV Partners and Steadview Capital.The company also plans to invest capital for R&D and set up its facility in Bengaluru.The Series A funding round...
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