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AEROSPACE STARTUPS
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 yearsVC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innov...- Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
- India is France’s official partner for VivaTech next week, positioning itself as global leader in AI, digital innovationVivaTech 2026 in Paris is set to feature India as its Official Partner Country, reflecting the nation's rising influence in the realms of a...
- Intel spinout Articul8 eyes $50 million for India heritage AI ventureArticul8, a spin-off from Intel, is raising $30-50 million to establish an India-based AI entity focused on traditional knowledge systems l...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- The spy who hired me: Chinese agents hunt for secrets on LinkedInChinese intelligence is now using professional networking sites and job portals to find and recruit people with access to sensitive data. T...
- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
- SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources saySpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 ...
- Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launchIndian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch servi...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- India, Germany explore cooperation in quantum communication, space and deep-tech innovationIndia and Germany on Tuesday explored expanded cooperation in quantum communication, photonics, quantum satellite communication, space tech...
- French AI firm Mistral announces deals with BMW, AirbusFrench AI company Mistral is forging new alliances with automotive giant BMW and aerospace leader Airbus. These collaborations aim to expan...
- Red Balloon launches India's first commercial near-space balloonOn Wednesday, the company's VISTA platform ascended nearly 25 km above Earth from Vijayawada as part of "Mission SANA", carrying payloads f...
- Venture Catalysts ++ to showcase 12 curated startups seeking to raise around $46 mn at Demo Day 7Venture Catalysts++ will present twelve promising startups on its upcoming Demo Day 7. These companies are seeking a collective $46 million...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- Hyderabad’s BluJ rolls out e-aircraft prototypeFounded in 2022 by former Skyroot Aerospace founding team member Amar Sri Vatsavaya and Utham Kumar Dharmapuri, the company is focusing on ...
- Jefferies raises target price of auto ancillary stock that's venturing into aerospaceJefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is expe...
- Bellatrix readying ultra-low orbit satellitesThe Bengaluru-based company is targeting launches in 2027 or 2028 and is positioning the project as a potential breakthrough in very low Ea...
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