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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

Chosen companies receive support, including a 40-80% rent subsidy, public laboratories, indoor drone testing grounds, and meeting rooms, enabling them to concentrate on technological advancement. Regulations were relaxed, and test sites were created, enabling industrial companies to conduct test flights. trillion in 2040.

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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

“We need to create awareness with different stakeholders to ensure that battery recycling is given the attention it deserves to enable a circular economy in battery usage.” “World Fund only invests in startup technologies that can save at least 100 megatonnes of CO2e annually by 2040.

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The NJGB will make investments through debt, credit enhancements, and other financial vehicles to attract private capital to enable the state to reach its climate goals.

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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. Q-CTRL’s vision has always been to enable all applications of quantum technology. To date, the company has raised more than $43 million (60 million AUD) in total capital. . “Q-CTRL’s

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

TechCrunch

There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . trillion by 2040, according to Terra’s IR deck. .

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Female-founded climate and construction tech startup backed by Mark Cuban

American Entrepreneurship

Without intervention, the United States could be on track to destroy over 50,000 miles of marine habitat by 2040 1 “The investment decision was swift and resolute,” comments Anthropocene Ventures’ Managing Partner, Matthew McGraw. The company is producing the world’s first 3D-printed Living Seawalls that serve as artificial reefs.

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

TechCrunch

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