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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

The 2nd Pangyo Techno Valley inaugurated its Business Growth Center with the vision to cultivate nascent drone developers. Despite its location near Seoul Airport, making flight testing challenging, Seongnam City and nearby local authorities are helping drone developers overcome this obstacle. trillion in 2040.

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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

million electric vehicles (EVs) on Malaysian roads by 2040. Another significant focus is STEM education, where we aim to instill STEM education,” he added. The forthcoming Budget 2024, scheduled for presentation in Parliament on October 13, holds several critical priorities for Malaysia.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

April 15, 2024) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the New Jersey Green Bank (NJGB), which will make investments in the clean energy sector that will help advance the state’s efforts to make an equitable transition to 100 percent clean energy. TRENTON, N.J.

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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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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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World Fund joins $128M bet that quantum can deliver climate breakthroughs

TechCrunch

” The company says it is already “ working on novel approaches to develop better battery solutions with a leading car manufacturer,” and it plans to spend its new funds on further research in battery tech, quantum chemistry and other areas.

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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.