Topic: funding gap
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India Revamps Startup Rules to Boost Deep Tech Innovation
India has extended its startup classification for deep tech firms to 20 years and raised the revenue ceiling for tax benefits to ₹3 billion, acknowledging their longer development cycles. The government is supporting the sector with a ₹1 trillion RDI Fund and a private investor alliance, aiming t...
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Kembara Raises €750M to Back European Deep Tech Startups
The Kembara Fund I, managed by Mundi Ventures, has raised an initial €750 million to invest in European deep tech startups, focusing on sectors like AI, quantum computing, and clean energy. It aims to address a critical funding gap for growth-stage companies (Series B/C) by providing investments ...
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Stanford Students Launch $2M National Startup Accelerator
A $2 million national startup accelerator, Breakthrough Ventures, has been launched by Stanford students to provide funding and support specifically for college students and recent graduates. The program distinguishes itself with a national scope, a hybrid model, and resources like grants up to $...
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AI to Inject $19.9 Trillion into Global Economy by 2030
Artificial intelligence is projected to contribute $19.9 trillion to the global economy by 2030, with Saudi Arabia positioning itself as a leader in using this technology for sustainable growth. Global spending on AI is forecast to surge, reaching $1.5 trillion by 2025 and $2 trillion by 2026, dr...
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TED Leader's $300M Fund to Bridge Climate Tech's 'Valley of Death'
The "valley of death" is a major funding challenge for climate tech startups, especially hardware-focused ones requiring large capital for first-of-a-kind facilities. The All Aboard Coalition, led by Chris Anderson, aims to raise $300 million to provide equity investments and encourage co-investm...
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