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Accel and Prosus have selected six startups for their first joint cohort in India, backing what they describe as “off-the-map” ideas — companies working on problems where markets are undefined and progress is difficult to measure. The inaugural cohort spans healthcare, climate, space, and longevity, reflecting a focus on science-led themes with long development timelines…
Deep tech startups in sectors such as space, semiconductors, and biotech take far longer to mature than conventional ventures. Because of that India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products. This week, the Indian government updated its startup framework, doubling the period…
Ten years ago, raising €1 million in Copenhagen was enough to make waves in the region’s tech scene. Today, the Nordics are turning out billion-dollar companies like Lovable — which hit $200 million in revenue just 12 months after launching. Dennis Green-Lieber, founder of AI-powered customer intelligence platform Propane, has had a front-row seat to that shift…
Eight U.S. and Indian venture capital and private equity firms — including storied investors Accel, Blume Ventures, Celesta Capital, and Premji Invest — have formed an unusual coalition to back India’s deep tech startups, pledging more than $1 billion over the next decade to strengthen U.S.-India tech ties. The alliance addresses longstanding funding concerns. In…
California Forever announced on Thursday plans to build a massive manufacturing park called Solano Foundry, the newest addition to its master-planned “utopian” city backed by a group of Silicon Valley billionaires. Solano Foundry is 2,100 acres that can host 40 million square feet of advanced tech manufacturing space. The manufacturing park will be built as…
New Zealand’s deep tech ambitions just got a $25 million boost. Outset Ventures, the Auckland-based venture firm and incubator that spun out unicorns like Rocket Lab and LanzaTech, has closed its second fund at an oversubscribed $41.5 million NZD. The fund’s mission is to back startups working on hard science and engineering breakthroughs – technologies…