DeepTech funding

HEO develops and deploys cameras in space to inspect and monitor satellites for allied nations, with applications in both commercial and defense sectors. The company has secured a significant Series B funding round and a major contract to expand its surveillance network, particularly into Geostationary Earth Orbit (GEO).

EVAS Intelligence is a Beijing-based AI chip startup building its core product, the Epoch series, from the ground up on the RISC-V ISA and RISC-V Vector extension. The company's EVAMIND DSA is designed to accelerate AI workloads, departing from traditional GPU models. This funding round, one of the largest private semiconductor raises in China this year, tests the potential of RISC-V architecture to bypass US export controls.

DheyaTech is a Bengaluru-based deeptech startup developing small gas turbine engines and energy systems for aerospace and power generation applications. The company aims to scale production and establish a testing facility for its engines, targeting applications in advanced aerial mobility and energy systems. This funding will support their move towards production readiness and commercial deployment.

HyperSpectral is an Alexandria-based startup that is reportedly seeking to raise $60 million. The company is currently searching for permanent lab space to support its operations.

TUSK IC is an Antwerp-based fabless semiconductor company specializing in Ka-band satellite chips. They develop highly integrated mmWave ICs and antenna modules using standard CMOS technology, offering a lower-cost, lower-power alternative to traditional materials for satellite user terminals. This €15 million Series A funding will accelerate their transition from prototype chips to high-volume production.

CorePower Magnetics is a startup developing advanced magnetic materials and components for power electronics. Their technology aims to improve efficiency and reduce the size of power systems. This funding will likely support further product development and scaling of their operations.

Space Solar is a UK deep-tech company developing space-based solar power and wireless power beaming. They are developing RF power beaming technology for high altitude platforms, aiming to enable aircraft to operate reliably and cost-effectively in the stratosphere. This funding will advance their rectenna technology towards an integrated flight demonstration.

BlueShadow is a Danish defense tech startup developing maritime defense technologies, including the BlueDragon and BlueSentry systems. The BlueDragon system is designed to protect Ukrainian coastal cities and maritime transport routes from drone attacks, while BlueSentry aims to safeguard maritime infrastructure from hybrid threats. The company operates between Copenhagen and Kyiv and plans to scale its solutions internationally.

Multiply Labs has raised $75 million in Series B funding to scale its robotic manufacturing platform for cell and gene therapies and advanced biologics. The company builds robotic clusters that integrate with existing pharmaceutical equipment to automate biomanufacturing, claiming significant cost reductions and throughput increases. The capital will be used to expand manufacturing capacity and accelerate product development towards commercial-scale production.

AcouBatt is a company focused on improving battery manufacturing quality and safety. They have secured pre-seed funding to advance their technology in this critical area.

Open Cosmos is a company focused on providing satellite infrastructure solutions. They cater to businesses and organizations looking to leverage satellite technology for various applications. The recent funding round will help them expand their capabilities and offerings in the satellite sector.

Freya Industries is a Swedish company developing intelligent, affordable sensors for security and defense. The company aims to provide proactive understanding of security situations through its innovative technology, making it accessible for various applications. The recent funding will support customer orders and the expansion of their team as they roll out their solutions across Europe.

Tessolve Semiconductor is a leading company in the semiconductor sector, specializing in providing engineering services and solutions. It caters to a wide range of clients in the electronics industry, making it a notable player in the rapidly growing semiconductor market.

Guangyu Xinchen is a Chinese semiconductor startup developing edge large-model AI chips and an integrated 3D storage-computing architecture. Their aim is to enable large models to run directly on terminal devices, addressing latency, privacy, and cost issues associated with cloud-based models. This Series A round, the largest disclosed financing in China's primary market for the week, signals strong investor confidence in edge AI silicon.

Phoenix Metals is a Dutch deeptech company developing a low-temperature hydrometallurgical process to recover critical metals like vanadium from industrial waste such as steel slag. They aim to extract value from entire waste streams, producing battery-grade electrolyte. This funding will support the construction of a pilot plant to demonstrate their technology at an industrial scale.

QNu Labs is a cybersecurity company focused on quantum-safe solutions. They have raised ₹200 Crore in a Series A1 round to scale their operations and expand their quantum-safe cybersecurity offerings.

Covenant is a secretive defense startup that has emerged from stealth with significant funding. The company is developing Anthem, a long-range, heavy-payload weapon system designed for cost-effective mass production. They aim to produce thousands of these systems annually, with serial production expected to begin in 2027.

Atomicsemi is a semiconductor startup that designs and builds compact chip factories, automating the process with software. They aim to mass-produce these "fab fabs" to lower the cost and time required for advanced foundry work, addressing the US push to bring chip supply chains home.

Stoke Space is developing fully and rapidly reusable launch vehicles to provide reliable, on-demand transportation to, through, and from space. The company aims to dramatically lower the cost of space access through rapid turnaround and high-frequency operations. This Series E funding will accelerate the development of its Nova launch vehicle, prepare for its first orbital launch, and expand production capacity.

Stoke Space is developing reusable launch vehicles to reduce the cost and increase the availability of space access. The company is targeting early 2027 for the orbital launch of its Nova Pathfinder rocket, which aims to prove core architecture and full reuse technologies. This Series E funding will support the first launch of the Nova rocket and continued development of a follow-on launch vehicle with larger capacity.

Oxhy, a Naples-based deep-tech company, has successfully raised $2 million in seed funding. This amount significantly exceeded their crowdfunding target, achieving 8 times the goal.

Juliang Guangqi is a Shanghai-based quantum computing startup developing superconducting quantum computing technology, including chips, control equipment, software, and complete systems. The company has completed development of its first and second-generation chips and is working on a third generation, with a chip containing over 100 quantum bits already packaged. They have generated revenue from quantum chip sales and related business, and are seeking to connect chip development with manufacturing and customer applications.

Skyroot Aerospace is an Indian space technology startup focused on developing launch vehicles for small satellites. Backed by Google, the company aims to provide cost-effective and rapid launch solutions. This funding round will support the development and testing of their Vikram series rockets.

Proxima Fusion is a Munich-based startup developing a novel 'stellarator' fusion reactor design, a complex 'donut with a twist' configuration that was previously deemed too difficult to build. They have secured a significant funding round, including investment from Google and RWE, to advance their technology towards commercial fusion power.

Castelion is a defense startup focused on mass-producing hypersonic missiles. The company aims to reduce development time and cost for these advanced weapons. This $1 billion Series C funding will be used to ramp up production of their Blackbeard missile and develop new defense systems.

iPronics is a Valencia-based company specializing in silicon photonics-based optical circuit switching for AI infrastructure. The company aims to accelerate the commercialization of optical networking solutions, enabling data centers to fully utilize their GPUs without compromising performance.

Newspace Research and Technologies is a defence-tech startup that builds unmanned drones. The company is currently seeking to raise $35-40 million in a Series C funding round, focusing on a mix of equity and debt, amidst challenges related to revenue growth and delayed government contract payments.

Makr Microsystems is a startup focused on semiconductor metrology, providing advanced measurement solutions for the semiconductor industry. The company aims to enhance the precision and efficiency of semiconductor manufacturing processes, which is critical in today's technology-driven market.

HyImpulse is a German rocket manufacturer developing suborbital and orbital launch vehicles. The company aims to address Europe's need for reliable, short-notice access to space with its SR75 and SL1 rockets. This funding will accelerate commercialization and establish HyImpulse in the European market for dedicated launches.

A Malaysian startup has raised US$2 million to address the heat bottleneck in AI chip technology. This funding aims to enhance the performance and efficiency of AI chips, which are critical for various applications in the tech industry.

Astrobase is a Bengaluru-based spacetech startup developing two-stage reusable launch vehicles capable of carrying payloads between three and ten tonnes. The company recently unveiled Everest, India's first 80-tonne-class, 800 kN full-flow staged combustion rocket engine, which is being developed for reusable launch vehicles. The startup is targeting an initial orbital launch in 2028.

Minimac Systems is an industrial deep-tech company that specializes in lubricant lifecycle management, reliability, and circularity. The company develops miniaturized fluid-treatment systems and operates a mobile on-site lubricant restoration model called Recycling on Wheels. This funding round will help advance their R&D and scale their operations across major industrial clusters.

Smack Technologies is a defense startup focused on integrating artificial intelligence into wearable devices for military applications. Their flagship product, Alpha, is a wrist-worn device designed to provide real-time data to operators in the field, enhancing decision-making capabilities. The recent $61 million funding will support the development of this innovative technology.

ChipMango is a startup focused on chip design, aiming to expand its engineering teams and operations across Africa, Europe, and the US. The company is notable for converting Africa's engineering talent into world-class chip-design capabilities, with plans to support semiconductor initiatives and workforce development in Rwanda.

INLEAP Photonics is a DeepTech company that specializes in laser-based drone defense systems. The company targets critical infrastructure sectors such as airports and energy facilities, providing technology that is both eye-safe for civilian use and robust enough for military applications. This funding round will help scale their manufacturing and meet increasing demand.

Zenergize Technologies is a Bengaluru-based deep-tech startup specializing in Silicon Carbide (SiC)-based power electronics. The company aims to expand its manufacturing capacity and R&D efforts to serve enterprise and OEM customers, having achieved a significant annual revenue run rate shortly after commercialization.

Diffraqtion is a startup focused on quantum computing technology. The company aims to innovate in the field of quantum solutions, attracting significant investment from notable backers. This pre-seed round marks a substantial financial commitment to advance their technology.

Kepler Aerospace is a Bengaluru-based space infrastructure and mission operations startup that focuses on building autonomous swarm satellites for military surveillance. The company aims to enhance India's defense capabilities through innovative satellite technology, having secured significant funding to launch its first six satellites.

Kepler is a company focused on developing swarm satellites for military surveillance. Their innovative approach aims to enhance surveillance capabilities for defense applications. This funding round will support the expansion of their satellite technology.

Quantum camera is a startup focused on developing advanced imaging technology that allows cameras to see without the need for large lenses. This innovative approach aims to revolutionize the field of imaging by providing more compact and efficient solutions for various applications.

S-Transistors is a Finnish startup focused on developing a new class of integrated circuits based on superconducting transistors. The company aims to create quantum motherboards that enhance the energy efficiency and scalability of cryogenic quantum computers. This funding will help them establish a manufacturing pilot line and develop product prototypes.

Hermeus Corporation is a defense aviation startup that designs unmanned aircraft capable of flying faster than any operational military jet, specifically targeting speeds above Mach 5. The company aims to transition from prototype testing to mission-ready hypersonic platforms, with a focus on reusability and operational efficiency in military applications.

Arcturus Technologies infuses carbon nanomaterials into common metals like copper and aluminum to enhance their electrical conductivity and efficiency. The company targets industries that rely on electrical conductors, aiming to reduce energy loss and overheating in applications such as electric vehicles and data centers. This innovative approach addresses a long-standing materials problem in electrical engineering.

Dongxi Fusion is focused on commercializing laser fusion technology. The company aims to develop innovative solutions in the energy sector, leveraging advanced laser technology to create sustainable energy sources.

InspeCity is a spacetech startup focused on building technologies and platforms for in-space servicing, mobility, and satellite life-extension. Founded by IIT Bombay alumni, the company aims to create infrastructure for sustained economic activity in space through advanced technology-driven space asset management.

Edgeverse is a deeptech startup developing edge AI-based perception technology for mobility and other real-world applications. The company aims to provide advanced safety and perception capabilities to original equipment manufacturers (OEMs) and Tier-I suppliers. This funding will help accelerate product development and commercial deployment of their AI-powered perception solutions.

Xanadu Quantum is developing quantum computers based on photonics technology, which utilizes light for computing. The company targets industries that require advanced computing capabilities, aiming to solve complex problems that traditional computers struggle with. Notably, Xanadu's systems are designed to operate at room temperature, distinguishing them from many other quantum computing approaches.

Agentrys is a startup focused on automating chip design, aiming to redefine the chip design process through a category it calls Agentic Design Automation (ADA). The company targets the semiconductor industry, which is valued at over $800 billion, by improving engineering workflows and reducing reliance on manual processes.

Mara is a counter-drone startup that has developed the Spike portable counter-drone platform. This platform features targeting sensors and small interceptors designed to provide 360-degree coverage against swarms of inexpensive drones, targeting military and security markets.

ArcSpace is a Paris-based SpaceTech startup developing technology for in-orbit satellite repair, assembly, and servicing. The company offers a breakthrough solution capable of repairing satellites that were never intended to be serviced, significantly reducing risk and strengthening the resilience of critical infrastructure. This funding will support the startup's next stage of growth and accelerate in-space validation of its solution.