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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

. “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. “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.”

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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. Biercuk said that it surpassed its ten days sales target in 2.5

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

TechCrunch

For Val Miftakhov, the founder and chief executive of ZeroAvia and a serial entrepreneur whose last company, eMotorWerks, was sold to Enel, the flights prove out his thesis that hydrogen power is the answer for the aviation industry. The company said it would expect to complete a long-distance flight of 250 miles within the next three months.

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The Station: TuSimple loses the driver, Nikola settles and transpo predictions for 2022

TechCrunch

Some of Aria’s predictions are : “The main story of 2022, it’s definitely going to be certification,” Sergio Cecutta, founder and partner at SMG Consulting, said. Imagine a smart helmet with an augmented reality-enabled visor, pointing out directions for you or enticing you into the nearest coffee shop with a floating coupon!

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How to get superior returns in VC

David Teten VC

My experience has been this lever brings three benefits: it lowers origination costs because more founders want to raise capital from you; it enhances your leverage in negotiating with the CEO; and it lowers your failure rate. . Quantitative, technology-enabled investing in private companies makes sense , but is structurally very difficult.

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