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Deep tech wrap on Friday: Green hydrogen solutions rise in India, aerospace startup Raphe scores $100 million, and more
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JuliaHub unveils Dyad to accelerate hardware development with AI-powered modeling
JuliaHub has launched Dyad, a new system that integrates Scientific Machine Learning, Generative AI, and traditional physics modeling to revolutionize hardware system design, according to a post from the eponymous company.
APac ex-Japan IoT spending to reach $355 billion by 2029, driven by manufacturing and smart technologies
Internet of Things (IoT) spending in the Asia Pacific region (ex-Japan) will grow from $241 billion in 2025 to $355 billion by 2029, with a 12.6 percent CAGR, technology market researcher IDC said in a recent post.
John Cockerill Hydrogen raises €116 million to boost global green hydrogen expansion
John Cockerill Hydrogen has secured a €116 million capital increase to advance its strategic development and international growth, the hydrogen electrolyser and industrial equipment maker said in a press release.
Toyota Kirloskar Motor and Ohmium partner to pilot green hydrogen microgrids for India’s clean energy future
Meanwhile, Toyota Kirloskar Motor and Ohmium International have signed an MoU to co-develop green hydrogen-based microgrid solutions in India. The collaboration combines Toyota’s fuel cell expertise with Ohmium’s modular PEM electrolyzer technology to design scalable, efficient, and cost-effective hydrogen power systems for diverse applications, including data centers and remote areas.
Cummins India launches Battery Energy Storage Systems to accelerate clean energy transition
Cummins India Limited has launched its Battery Energy Storage Systems, expanding its sustainable solutions portfolio to support India’s clean energy goals, the industrial company said in a press release.
Ericsson expands Bengaluru R&D to boost 5G chip design and India’s semiconductor ecosystem
Ericsson is expanding its Bengaluru R&D operations with a dedicated Application-Specific Integrated Circuit (ASIC) development unit, adding over 150 engineering roles. This move strengthens Ericsson’s global semiconductor design capabilities and supports India’s growing tech ecosystem.
Antler Bio raises $4.3 million to expand gene expression tech for smarter, more resilient dairy farming
Antler Bio has secured $4.3 million in funding, led by The First Thirty Ventures, to scale its EpiHerd gene expression platform across Europe, Tech Funding News reports.
Raphe mPhibr raises $100M to scale indigenous drone manufacturing and global defense ambitions
Raphe mPhibr has secured $100 million in Series B funding led by General Catalyst, marking the largest private capital raise by an Indian aerospace manufacturer, according to a press release by the Noida based startup.
For in-depth conversations with entrepreneurs, investors, industry leaders and other stakeholders contributing to India’s deep tech and climate tech ecosystems, do check out my India Tech Report: In Conversation podcast.
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