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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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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.

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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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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. . million Series A in February 2021. .

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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

The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund , which led the company’s latest round, alongside previous investors Amazon Climate Pledge Fund, Horizons Ventures , Shell Ventures and Summa Equity. million cash infusion.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Matt Murphy and Grace Ge, Menlo Ventures Which trends are you most excited about in construction robotics from an investing perspective? We are active in construction with investments such as HOVER and Fieldwire and believe the entire sector is right for a digital and automation overhaul. About 10 percent of our time.