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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

“Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. trillion by 2040, according to Terra’s IR deck. .

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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research. Mark Windeknecht is joining as an observer to the board,” says Schwich.

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Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures

TechCrunch

It also will continue to invest in developing its quantum control for quantum computing and quantum sensing for acceleration, gravity and magnetic fields, Biercuk added. The Series B financing event comes on the heels of major technical and product development recently announced by Q-CTRL.

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

ZeroAvia is now developing and testing the certification-ready ZA-600 powertrain, which can fly a 10 to 20-seat aircraft up to 500 miles, the company said. The governments are going to come in and say we’re going to force the acceleration of the vehicle generation turnover,” he said. But] we are already too late.

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Nearly $4M in Grants to Support Offshore Wind Workforce Training Approved by NJEDA Board

American Entrepreneurship

June 21, 2023) – In May , the New Jersey Economic Development Authority (NJEDA) Board approved five grant applications totaling more than $3.7 million under the Authority’s Offshore Wind Workforce and Skills Development Grant Challenge (Grant Challenge). TRENTON, N.J.

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Newsletter: Securing water against cyberattack

OurCrowd

This $5M Series A-1 round is being led by Israeli VC firm HIVE 2040 at a pre-money valuation of $11M. Hailo has combined its Hailo-8 AI acceleration module with Lanner’s edge computing boxes to create high-performance, compact devices to support the demands of emerging AI applications at the edge. Learn More.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

The main thing is getting construction companies and contractors to accelerate their adoption of the tech and the labor shortage issue is putting substantial pressure on them to act. Travis Connors, Building Ventures At Building Ventures, we see enormous opportunities developing for the use of robotics in construction over the next 20 years.