Thursday, June 19, 2025

Deeptech VCs spot big funding momentum on government, geopolitical push

Indian deeptech funds are gaining momentum, fueled by government support and technological advancements. Several funds like Speciale Invest, Ideaspring, and Mela Ventures are raising fresh capital to invest in AI, spacetech, and robotics. While early-stage funding is available, challenges remain in growth-stage investments and achieving successful exits for deeptech companies.

from Tech-Economic Times https://ift.tt/Mr4sN0o

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...