InspeCity secures $5.6M to boost satellite life-extension tech
May 08, 2025
The funding will be deployed to space-qualify the Indian startup’s proprietary tech, grow its high-performance engineering team, and fasten the deployment of satellite life-extension platforms in global markets.
IBM, TCS team up to deploy India’s largest quantum computer
May 06, 2025
IBM and the Andhra Pradesh government have entered into discussions that aim for the Quantum Valley Tech Park to be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor.
AT&S starts high-volume manufacturing at new Kulim plant
May 06, 2025
IC substrate and PCB manufacturer AT&S is commencing high-volume manufacturing at its new facility in Kulim, Malaysia. AT&S Malaysia will deliver high-end IC substrates for AMD’s data centre processors, as well as for other customers.
Tasmania’s Incat launches ‘world’s largest battery-electric ship’
May 05, 2025
When it enters service between Buenos Aires and Uruguay, the 130 metre-long vessel, called Hull 096, will operate entirely on battery-electric power, carrying up to 2,100 passengers and 225 vehicles across the River Plate.
VSORA raises $46M to bring powerful AI inference chip to market
May 05, 2025
The investment was led by Otium and a French family office with additional participation from Omnes Capital, Adélie Capital and co-financing from the European Innovation Council (EIC) Fund.
QuantumScape, Murata announce framework for ceramics collaboration
May 05, 2025
US firm QuantumScape (QS) and Japan’s Murata Manufacturing have entered into the first phase of an agreement to explore a partnership for high-volume manufacturing of ceramic film for QS’s solid-state battery tech.
Reliance NU Suntech inks $1.1B solar-BESS deal with SECI
May 02, 2025
Reliance NU Suntech, a subsidiary of India’s Reliance Power, will supply 930 MW of solar power integrated with 465 MW/1,860 MWh BESS.
Forge Nano’s battery and chip ambitions get $40M boost
May 02, 2025
Forge Nano’s total capital investment now exceeds USD 140 million, adding RockCreek to a shareholder roster that includes GM Ventures, Volkswagen, LG Technology Ventures, Hanwha, Mitsui Kinzoku, Sumitomo Corporation of Americas, Air Liquide, Catalus Capital and SBI Investment
Zoho suspends $700 million India chipmaking plan
May 02, 2025
In June 2024, the Indian company had applied for government incentives under the India Semiconductor Mission (ISM) to build a compound semiconductor chip fabrication unit in Karnataka.
Wolfspeed CFO Neill Reynolds to step down
May 01, 2025
Wolfspeed's Executive Vice President and Chief Financial Officer, Neill Reynolds, will step down from his role effective May 30, 2025, as part of a mutual agreement. Reynolds is departing to pursue another professional opportunity.
Aspocomp nears sales record with first quarter turnaround
April 30, 2025
Finnish PCB manufacturer Aspocomp reported a significant turnaround in its financial performance for the first quarter of 2025, coming close to achieving an all-time net sales record.
Hindalco delivers 10,000 aluminium battery enclosures for Mahindra e-SUVS
April 28, 2025
Indian aluminium company Hindalco also unveiled its EV component manufacturing facility in Maharashtra, built with a capital investment of USD 57 million and spread across 5 acres.
ChEmpower secures $18.7M to advance chip planarization tech
April 25, 2025
US semiconductor materials startup ChEmpower provides polishing pads and solutions designed to create defect-free surfaces with superior planarity, enabling higher chip yield and performance.
Europe’s patent landscape: stable, but no breakthrough
April 25, 2025
In 2023, the European Patent Office (EPO) received a record number of patent applications from companies, research institutions, and individual inventors alike — a total of 199,275. So, did 2024 break that record? Not quite. Still, the data shows that innovation activity in Europe remains at a consistently high level.
Google unveils pioneering geothermal plant initiative for Taiwan
April 22, 2025
Google has released details of a 10MW geothermal energy plant to fuel AI chip production in Taiwan, signaling an enormous green innovation.
Networking solutions provider Nexthop AI launches with $110M funding
April 18, 2025
Nexthop AI specializes in building custom networking solutions for the hyperscalers, which integrate seamlessly into their optimized cloud-stack. The funding was led by Lightspeed Venture Partners.
Nyobolt raises $30M to advance high-power ultrafast charging
April 18, 2025
By delivering up to 20x more power, charging in minutes and cutting downtime for even the most power-intensive applications to zero, UK-based firm Nyobolt enables peak performance without compromise.
Murata establishes US-based venture arm to boost innovation investment
April 17, 2025
Japanese Murata Manufacturing is setting up a new corporate venture capital (CVC) arm, Wonderstone Ventures, in the United States as part of its long-term strategy to expand innovation and competitiveness.
ABB plans to spin off its robotics division
April 17, 2025
ABB says that it will launch a process to spin-off of its Robotics division. The intention is for the business to start trading as a separately listed company during the second quarter of 2026.
onsemi drops bid for Allegro MicroSystems
April 15, 2025
onsemi says it has withdraws its proposal, and thus terminated its efforts to acquire Allegro MicroSystems for USD 35.10 per share.
JSW completes $1.44B acquisition of O2’s 4.7 GW renewable platform
April 11, 2025
The portfolio is diversified across seven Indian states and includes 1.8 GW of solar, 0.5 GW of wind, 1.6 GW of hybrid, and 0.9 GW of complex solutions like FDRE/RTC.
Nanotech startup Vimano raises $2.7 million in seed round
April 09, 2025
The funding is expected to support the Bangalore-based startup’s aim to create membranes that can lower costs and enhance the performance of clean energy systems.
EVident secures $3.2M to enhance EV battery pack inspection tech
April 07, 2025
The round was led by Ibex Investors with participation from Nationwide Ventures, Automotive Ventures, Avesta Fund and notable angels in the EV space – adding to an existing roster of automotive and battery expert advisors.
Indian solar startup Aerem secures $11M in Series A funding
April 07, 2025
The round was led by Japan-based venture firm UTEC with participation from British International Investment, SE Ventures, and Riverwalk Holdings. Aerem’s existing investors Blume Ventures and Avaana Capital also participated.
Sinopec teams up with CATL to build 10,000 battery swap stations
April 07, 2025
This year, the collaboration targets construction of at least 500 battery swap stations, with a long-term goal of 10,000 stations, creating a seamless “swap-as-fast-as-refueling” experience for EV owners in China.
Indian defence tech startup Tonbo raises $20 million
April 04, 2025
The investment will boost the development of next-gen infrared sensors, deployment of high-power microwave tech, and working capital support for Tonbo Imaging’s global expansion ongoing programs.
Robert Feurle takes the helm at Wolfspeed
April 02, 2025
Wolfspeed, US silicon carbide (SiC) specialist, has appointed Robert Feurle as Chief Executive Officer (CEO), effective May 1, 2025. The appointment follows a comprehensive internal and external search, the company revealed.
India approves $2.7B plan to boost electronics manufacturing
March 31, 2025
The scheme seeks to incentivize local manufacturing of electronics components in India, setting goals for domestic and foreign entities to establish local facilities at subsidies of up to 50% of the project costs.
Related Companies’ data center unit has $45B development pipeline
March 31, 2025
Related Digital is investing a minimum of USD 500 million in initial sponsor commitments toward the buildout of its development pipeline. It is also launching a multi-phase capital-raising effort to unlock up to USD 8 billion in private capital.
Global OSAT market to touch $94 billion by 2031
March 28, 2025
Increasing circuit complexity spurs OSAT market growth, as integrating various functionalities into a single device demands specialized assembly and test capabilities.
Ecofy secures $12.5 million to enhance EV, solar adoption
March 28, 2025
Ecofy plans to finance over 1 million electric vehicles and more than 1.5 GW of rooftop solar in India within the next 6-7 years.
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