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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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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

“For too long, battery recycling hasn’t been efficient enough for companies to take advantage of,” said co-founder and COO at Cylib, Gideon Schwich. For this round, 10x Founders also joined. “World Fund only invests in startup technologies that can save at least 100 megatonnes of CO2e annually by 2040.

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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

The latest funding will support hiring staff and enable new data-as-a-service markets powered by quantum sensing, founder and CEO of Q-CTRL Michael Biercuk said. 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.

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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. For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. Fernandez, founder and CEO, Sustainable Ocean Alliance (Seabird Ventures) Climate change is the elephant in the room. We spoke with: Daniela V.

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